Property Prices in Puerto Vallarta, Mexico

Index Info
Price to Income Ratio: 11.04
Mortgage as Percentage of Income: 157.13%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 13.51
Price to Rent Ratio - Outside of Centre: 11.32
Gross Rental Yield (City Centre): 7.40%
Gross Rental Yield (Outside of Centre): 8.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,850.94 MXN 9,478.29-22,000.00
Apartment (1 bedroom) Outside of Centre 10,299.53 MXN 5,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 30,249.70 MXN 18,000.00-36,000.00
Apartment (3 bedrooms) Outside of Centre 20,988.07 MXN 17,959.94-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,307.06 MXN 2,041.98-5,899.95
Price per Square Feet to Buy Apartment Outside of Centre 2,504.44 MXN 1,904.50-2,947.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 16,600.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.20 8.90-15.00

These data are based on 78 entries in the past 18 months from 21 different contributors.
Last update: March 2023

Sources and References
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