Property Prices in San Miguel de Allende, Mexico

Index Info
Price to Income Ratio: 9.62
Mortgage as Percentage of Income: 128.41%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 5.70
Price to Rent Ratio - Outside of Centre: 6.00
Gross Rental Yield (City Centre): 17.53%
Gross Rental Yield (Outside of Centre): 16.65%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 18,291.67 MXN 12,750.00-25,000.00
Apartment (1 bedroom) Outside of Centre 14,200.00 MXN 10,200.00-18,000.00
Apartment (3 bedrooms) in City Centre 41,071.01 MXN 25,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 24,627.61 MXN 16,557.30-36,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 2,350.07 MXN 854.70-3,195.53
Price per Square Feet to Buy Apartment Outside of Centre 1,699.99 MXN
Salaries And Financing
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: April 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?