Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 15.43
Mortgage as Percentage of Income: 197.42%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 13.78
Price to Rent Ratio - Outside of Centre: 17.04
Gross Rental Yield (City Centre): 7.25%
Gross Rental Yield (Outside of Centre): 5.87%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 16,523.01 MXN 12,000.00-21,000.00
Apartment (1 bedroom) Outside of Centre 9,475.00 MXN 7,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 34,166.67 MXN 30,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 18,375.00 MXN 13,000.00-28,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,925.47 MXN 4,180.60-5,670.33
Price per Square Feet to Buy Apartment Outside of Centre 3,387.06 MXN 1,199.99-5,574.14
Salaries And Financing
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Average Monthly Net Salary (After Tax) 14,500.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 10.00-12.00

These data are based on 66 entries in the past 18 months from 14 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