Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 15.35
Mortgage as Percentage of Income: 196.48%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 13.88
Price to Rent Ratio - Outside of Centre: 17.09
Gross Rental Yield (City Centre): 7.21%
Gross Rental Yield (Outside of Centre): 5.85%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 800.20 $ 598.14-1,046.75
Apartment (1 bedroom) Outside of Centre 469.65 $ 348.92-1,246.13
Apartment (3 bedrooms) in City Centre 1,703.05 $ 1,495.36-1,993.81
Apartment (3 bedrooms) Outside of Centre 915.91 $ 647.99-1,395.67
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 243.54 $ 208.38-278.71
Price per Square Feet to Buy Apartment Outside of Centre 168.83 $ 59.81-277.84
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 722.76 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 10.00-12.00

These data are based on 68 entries in the past 18 months from 15 different contributors.
Last update: October 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