Property Prices in Puerto Vallarta, Mexico

Index Info
Price to Income Ratio: 20.32
Mortgage as Percentage of Income: 285.70%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 17.96
Price to Rent Ratio - Outside of Centre: 12.06
Gross Rental Yield (City Centre): 5.57%
Gross Rental Yield (Outside of Centre): 8.29%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,041.73 MXN 9,893.31-20,000.00
Apartment (1 bedroom) Outside of Centre 8,278.28 MXN 5,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 23,387.07 MXN 15,000.00-33,704.66
Apartment (3 bedrooms) Outside of Centre 23,302.57 MXN 19,826.27-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,939.21 MXN 3,251.58-6,007.31
Price per Square Feet to Buy Apartment Outside of Centre 2,537.05 MXN 1,904.50-2,973.92
Salaries And Financing
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Average Monthly Net Salary (After Tax) 9,900.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.00 8.90-15.00

These data are based on 67 entries in the past 18 months from 16 different contributors.
Last update: August 2022

Sources and References
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