Property Prices in Tepic, Mexico

Index Info
Price to Income Ratio: 9.37
Mortgage as Percentage of Income: 137.41%
Loan Affordability Index: 0.73
Price to Rent Ratio - City Centre: 16.81
Price to Rent Ratio - Outside of Centre: 11.14
Gross Rental Yield (City Centre): 5.95%
Gross Rental Yield (Outside of Centre): 8.98%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 12,700.00 MXN 12,000.00-13,400.00
Apartment (1 bedroom) Outside of Centre 8,285.00 MXN 8,000.00-8,570.00
Apartment (3 bedrooms) in City Centre 18,600.00 MXN 18,600.00-18,600.00
Apartment (3 bedrooms) Outside of Centre 12,100.00 MXN 12,100.00-12,100.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 3,965.16 MXN 3,965.07-3,965.25
Price per Square Feet to Buy Apartment Outside of Centre 1,711.88 MXN 603.86-2,265.89
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 16,300.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.70 12.00-14.90

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: May 2020

Sources and References
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