Property Prices in Queretaro (Santiago de Querétaro), Mexico

Index Info
Price to Income Ratio: 5.46
Mortgage as Percentage of Income: 68.82%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 9.48
Price to Rent Ratio - Outside of Centre: 10.34
Gross Rental Yield (City Centre): 10.55%
Gross Rental Yield (Outside of Centre): 9.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 11,700.00 MXN 8,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 8,776.96 MXN 6,000.00-14,000.00
Apartment (3 bedrooms) in City Centre 20,250.00 MXN 14,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 14,222.22 MXN 10,000.00-22,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,209.82 MXN 1,499.99-3,530.29
Price per Square Feet to Buy Apartment Outside of Centre 1,757.23 MXN 1,114.83-2,303.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 19,562.50 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.28 10.00-11.50

These data are based on 87 entries in the past 18 months from 14 different contributors.
Last update: November 2024

Sources and References
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