Property Prices in Puerto Vallarta, Mexico

Index Info
Price to Income Ratio: 9.23
Mortgage as Percentage of Income: 118.76%
Loan Affordability Index: 0.84
Price to Rent Ratio - City Centre: 13.67
Price to Rent Ratio - Outside of Centre: 12.99
Gross Rental Yield (City Centre): 7.31%
Gross Rental Yield (Outside of Centre): 7.70%
Rent Per Month
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Apartment (1 bedroom) in City Centre 19,191.67 MXN 15,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 13,100.00 MXN 10,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 34,888.89 MXN 30,000.00-65,000.00
Apartment (3 bedrooms) Outside of Centre 22,888.89 MXN 19,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,341.88 MXN 2,787.07-10,624.91
Price per Square Feet to Buy Apartment Outside of Centre 3,404.81 MXN 1,858.05-4,180.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,500.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.58 11.50-12.00

These data are based on 83 entries in the past 18 months from 17 different contributors.
Last update: November 2024

Sources and References
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