Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 36.41
Mortgage as Percentage of Income: 465.89%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 14.49
Price to Rent Ratio - Outside of Centre: 65.04
Gross Rental Yield (City Centre): 6.90%
Gross Rental Yield (Outside of Centre): 1.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,909.27 MXN 11,683.44-25,000.00
Apartment (1 bedroom) Outside of Centre 9,300.00 MXN 7,000.00-14,300.00
Apartment (3 bedrooms) in City Centre 33,750.00 MXN 25,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 19,000.00 MXN 14,000.00-28,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 57,805.73 MXN 55,000.00-60,000.00
Price per Square Meter to Buy Apartment Outside of Centre 140,000.00 MXN 30,000.00-250,000.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,583.33 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 11.00-11.50

These data are based on 53 entries from 13 contributors over the past 18 months.
Last update: May 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
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