Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 26.37
Mortgage as Percentage of Income: 337.49%
Loan Affordability Index: 0.30
Price to Rent Ratio - City Centre: 13.94
Price to Rent Ratio - Outside of Centre: 50.32
Gross Rental Yield (City Centre): 7.17%
Gross Rental Yield (Outside of Centre): 1.99%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 814.71 $ 591.86-1,035.75
Apartment (1 bedroom) Outside of Centre 467.32 $ 345.25-1,233.04
Apartment (3 bedrooms) in City Centre 1,685.16 $ 1,479.65-1,972.87
Apartment (3 bedrooms) Outside of Centre 906.29 $ 641.18-1,381.01
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 245.64 $ 206.19-278.71
Price per Square Feet to Buy Apartment Outside of Centre 493.21 $ 59.19-1,145.52
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 753.92 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 10.00-12.00

These data are based on 69 entries in the past 18 months from 14 different contributors.
Last update: November 2024

Sources and References
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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