Property Prices in San Miguel de Allende, Mexico

Index Info
Price to Income Ratio: 24.55
Mortgage as Percentage of Income: 352.15%
Loan Affordability Index: 0.28
Price to Rent Ratio - City Centre: 13.18
Price to Rent Ratio - Outside of Centre: 8.54
Gross Rental Yield (City Centre): 7.59%
Gross Rental Yield (Outside of Centre): 11.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 15,315.48 MXN 10,446.45-23,000.00
Apartment (1 bedroom) Outside of Centre 8,995.98 MXN 6,200.00-15,000.00
Apartment (3 bedrooms) in City Centre 40,428.60 MXN 20,892.90-62,678.70
Apartment (3 bedrooms) Outside of Centre 20,422.62 MXN 12,535.74-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,949.06 MXN 2,043.85-8,399.93
Price per Square Feet to Buy Apartment Outside of Centre 1,740.91 MXN 1,393.53-2,399.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,333.33 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.33 10.00-15.00

These data are based on 58 entries in the past 18 months from 12 different contributors.
Last update: February 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