Property Prices in San Miguel de Allende, Mexico

Index Info
Price to Income Ratio: 20.56
Mortgage as Percentage of Income: 294.90%
Loan Affordability Index: 0.34
Price to Rent Ratio - City Centre: 10.26
Price to Rent Ratio - Outside of Centre: 10.44
Gross Rental Yield (City Centre): 9.75%
Gross Rental Yield (Outside of Centre): 9.58%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 18,958.97 MXN 10,337.27-30,000.00
Apartment (1 bedroom) Outside of Centre 6,779.09 MXN 4,134.91-10,000.00
Apartment (3 bedrooms) in City Centre 54,232.73 MXN 20,674.55-80,000.00
Apartment (3 bedrooms) Outside of Centre 20,805.52 MXN 12,404.73-31,011.83
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,986.34 MXN 1,757.32-8,399.93
Price per Square Feet to Buy Apartment Outside of Centre 1,889.27 MXN 1,343.83-2,399.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 9,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.33 10.00-15.00

These data are based on 25 entries in the past 18 months from 4 different contributors.
Last update: April 2021

Sources and References
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2 Comments so far
Sue Beere on Sep 16, 2020:
What are the current prices per sq. meter of lots in and near the Centro of San Miguel. Are lists of recent sales available?
Brad on Aug 18, 2018:
How much.per meter per house with in the libriamento with a view of downtown