Property Prices in Tulum, Mexico

Index Info
Price to Income Ratio: 19.66
Mortgage as Percentage of Income: 251.58%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 11.61
Price to Rent Ratio - Outside of Centre: 10.27
Gross Rental Yield (City Centre): 8.61%
Gross Rental Yield (Outside of Centre): 9.74%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 13,250.00 MXN 10,000.00-17,000.00
Apartment (1 bedroom) Outside of Centre 14,250.00 MXN 9,000.00-19,000.00
Apartment (3 bedrooms) in City Centre 25,333.33 MXN 20,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 19,333.33 MXN 16,000.00-22,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,206.48 MXN 2,696.87-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 2,637.81 MXN 2,488.56-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 11.50-11.50

These data are based on 23 entries in the past 18 months from 5 different contributors.
Last update: February 2024

Sources and References
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