Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 28.80
Mortgage as Percentage of Income: 366.62%
Loan Affordability Index: 0.27
Price to Rent Ratio - City Centre: 15.46
Price to Rent Ratio - Outside of Centre: 51.80
Gross Rental Yield (City Centre): 6.47%
Gross Rental Yield (Outside of Centre): 1.93%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 806.71 $ 585.85-1,220.52
Apartment (1 bedroom) Outside of Centre 449.15 $ 341.75-1,220.52
Apartment (3 bedrooms) in City Centre 1,627.37 $ 1,464.63-1,952.84
Apartment (3 bedrooms) Outside of Centre 970.32 $ 683.49-1,366.99
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 266.55 $ 249.46-278.06
Price per Square Feet to Buy Apartment Outside of Centre 514.03 $ 136.07-1,133.89
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 729.26 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.42 11.00-11.50

These data are based on 76 entries in the past 18 months from 16 different contributors.
Last update: March 2025

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