Property Prices in Xalapa, Veracruz, Mexico

Index Info
Price to Income Ratio: 13.69
Mortgage as Percentage of Income: 180.87%
Loan Affordability Index: 0.55
Price to Rent Ratio - City Centre: 48.43
Price to Rent Ratio - Outside of Centre: 42.55
Gross Rental Yield (City Centre): 2.06%
Gross Rental Yield (Outside of Centre): 2.35%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 3,743.98 MXN 3,000.00-5,500.00
Apartment (1 bedroom) Outside of Centre 3,085.07 MXN 2,500.00-3,500.00
Apartment (3 bedrooms) in City Centre 7,166.67 MXN 5,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 6,362.10 MXN 5,086.29-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,780.22 MXN
Price per Square Feet to Buy Apartment Outside of Centre 2,835.17 MXN
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,004.73 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.00 8.00-16.00

These data are based on 27 entries in the past 18 months from 6 different contributors.
Last update: October 2024

Sources and References
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