Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 27.01
Mortgage as Percentage of Income: 343.77%
Loan Affordability Index: 0.29
Price to Rent Ratio - City Centre: 14.29
Price to Rent Ratio - Outside of Centre: 51.61
Gross Rental Yield (City Centre): 7.0%
Gross Rental Yield (Outside of Centre): 1.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 16,074.06 MXN 12,000.0-21,000.0
Apartment (1 bedroom) Outside of Centre 9,200.0 MXN 7,000.0-25,000.0
Apartment (3 bedrooms) in City Centre 33,571.43 MXN 30,000.0-40,000.0
Apartment (3 bedrooms) Outside of Centre 18,000.0 MXN 13,000.0-28,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,992.05 MXN 4,180.6-5,685.91
Price per Square Feet to Buy Apartment Outside of Centre 9,999.9 MXN 1,199.99-23,225.57
Salaries And Financing
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Average Monthly Net Salary (After Tax) 14,937.5 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.42 11.0-11.5

These data are based on 75 entries in the past 18 months from 15 different contributors.
Last update: November 2024

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3 Comments so far
cj on Mar 08, 2024:
This site inaccurate for 2024, at least for Mexico cities and beach towns, they are at least 3 to years old.
Diamond Glover on Oct 26, 2023:
this site is amazing! I now have an idea of what to expect when I move abroad.
Bill Goldstein on Oct 19, 2023:
Thank you for this site. This is WONDERFUL. BG-Atlanta, Ga