Property Prices in San Miguel de Allende, Mexico

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Index Info
Price to Income Ratio: 8.61
Mortgage as Percentage of Income: 115.00%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 4.37
Price to Rent Ratio - Outside of Centre: 5.93
Gross Rental Yield (City Centre): 22.89%
Gross Rental Yield (Outside of Centre): 16.85%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 19,116.88 MXN 13,818.14-25,000.00
Apartment (1 bedroom) Outside of Centre 14,200.00 MXN 10,200.00-18,000.00
Apartment (3 bedrooms) in City Centre 45,000.00 MXN 25,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 25,294.35 MXN 18,424.18-36,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,927.34 MXN 854.70-2,999.98
Price per Square Feet to Buy Apartment Outside of Centre 1,699.99 MXN
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 11,333.33 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.17 11.50-13.00

These data are based on 47 entries in the past 18 months from 10 different contributors.
Last update: July 2024

Sources and References
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1 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?