Property Prices in Cancun, Mexico

Index Info
Price to Income Ratio: 9.84
Mortgage as Percentage of Income: 125.20%
Loan Affordability Index: 0.80
Price to Rent Ratio - City Centre: 8.01
Price to Rent Ratio - Outside of Centre: 15.30
Gross Rental Yield (City Centre): 12.49%
Gross Rental Yield (Outside of Centre): 6.53%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 14,089.06 MXN 7,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 7,750.00 MXN 3,000.00-17,000.00
Apartment (3 bedrooms) in City Centre 21,663.84 MXN 15,000.00-32,000.00
Apartment (3 bedrooms) Outside of Centre 17,555.56 MXN 13,000.00-25,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,136.75 MXN 2,043.85-2,229.65
Price per Square Feet to Buy Apartment Outside of Centre 2,683.82 MXN 1,858.05-3,716.09
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 13,187.50 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.42 10.00-11.50

These data are based on 83 entries in the past 18 months from 16 different contributors.
Last update: September 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far