Property Prices in Mazatlan, Mexico

Index Info
Price to Income Ratio: 12.50
Mortgage as Percentage of Income: 158.25%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 12.19
Price to Rent Ratio - Outside of Centre: 8.23
Gross Rental Yield (City Centre): 8.21%
Gross Rental Yield (Outside of Centre): 12.15%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 12,000.00 MXN 8,000.00-18,000.00
Apartment (1 bedroom) Outside of Centre 16,000.00 MXN 14,000.00-18,000.00
Apartment (3 bedrooms) in City Centre 26,250.00 MXN 22,000.00-36,000.00
Apartment (3 bedrooms) Outside of Centre 20,500.00 MXN 20,000.00-22,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,251.58 MXN
Price per Square Feet to Buy Apartment Outside of Centre 2,322.56 MXN
Salaries And Financing
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Average Monthly Net Salary (After Tax) 12,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.33 11.00-11.50

These data are based on 27 entries in the past 18 months from 6 different contributors.
Last update: October 2024

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1 Comments so far
Karen on Mar 07, 2023:
I'm considering moving to Mexico. Do I need to go to aneri every six months? Will 3 months work my mom passed away and I had to go the US in jan