Property Prices in Puerto Vallarta, Mexico

Index Info
Price to Income Ratio: 11.08
Mortgage as Percentage of Income: 147.69%
Loan Affordability Index: 0.68
Price to Rent Ratio - City Centre: 12.93
Price to Rent Ratio - Outside of Centre: 10.23
Gross Rental Yield (City Centre): 7.74%
Gross Rental Yield (Outside of Centre): 9.77%
Rent Per Month
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Apartment (1 bedroom) in City Centre 19,191.67 MXN 15,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 12,824.32 MXN 10,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 37,000.00 MXN 30,000.00-65,000.00
Apartment (3 bedrooms) Outside of Centre 22,555.56 MXN 18,000.00-34,729.47
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,189.23 MXN 3,251.58-5,899.95
Price per Square Feet to Buy Apartment Outside of Centre 2,631.95 MXN 1,858.05-4,180.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 19,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.14 11.50-14.00

These data are based on 89 entries in the past 18 months from 17 different contributors.
Last update: April 2024

Sources and References
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