Mexico: rental yields are moderately good
Last Updated: November 25, 2016
| Last Updated: Nov. 25, 2016 | |||||
| ALVARO OBREGON | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| Los Alpes condos | |||||
| 120 sq. m. | 222,180 | n.a. | n.a. | 1,852 | n.a. |
| Jardines del Pedregal houses | |||||
| 900 sq. m. | 1,231,894 | n.a. | n.a. | 1,369 | n.a. |
| San Angel condos | |||||
| 160 sq. m. | 268,230 | n.a. | n.a. | 1,676 | n.a. |
| MIGUEL HIDALGO | |||||
| Bosques de las Lomas condos | |||||
| 360 sq. m. | 743,110 | n.a. | n.a. | 2,064 | n.a. |
| Bosques de las Lomas houses | |||||
| 800 sq. m. | 1,231,500 | n.a. | n.a. | 1,539 | n.a. |
| Lomas de Chapultepec condos | |||||
| 340 sq. m. | 810,723 | n.a. | n.a. | 2,384 | n.a. |
| Lomas de Chapultepec houses | |||||
| 800 sq. m. | 2,182,563 | n.a. | n.a. | 2,691 | n.a. |
| Polanco I Seccion condos | |||||
| 230 sq. m. | 822,066 | n.a. | n.a. | 3,574 | n.a. |
| Polanco II Seccion condos | |||||
| 230 sq. m. | 865,014 | n.a. | n.a. | 3,761 | n.a. |
| Polanco III Seccion condos | |||||
| 220 sq. m. | 920,946 | n.a. | n.a. | 4,186 | n.a. |
| Polanco IV Seccion condos | |||||
| 220 sq. m. | 783,610 | n.a. | n.a. | 3,562 | n.a. |
| Polanco V Seccion condos | |||||
| 205 sq. m. | 723,611 | n.a. | n.a. | 3,530 | n.a. |
|
Mexico City: Alvaro Obregon (Los Alpes and San Angel), Miguel Hidalgo ( Las Lomas De Chapultepec and Polanco) Source: Metroscubicos Definitions: Data FAQ See also: Update Schedule |
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Gross rental yields in Mexico City - the return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs - are moderately attractive.
In previous years we have found that rental yields in Mexico City were moderate, at between 4.9% to 5.4%. To buy a 120 square metre (sq. m.) apartment in an upscale area of Mexico City costs around USD 3,000 per sq. m., or USD 350,000 - a not unreasonable price.
This year we were able to find enough research results to establish reliable purchase prices, but not rentals. Sorry about that.
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