Price/Rent Ratio in Mexico compared to Latin America
The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).
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| Chile |
20 yrs
|
| Brazil |
19 yrs
|
| Mexico |
18 yrs
|
| Peru |
18 yrs
|
| Uruguay |
18 yrs
|
| Argentina |
18 yrs
|
| Ecuador |
17 yrs
|
| Costa Rica |
16 yrs
|
| Bolivia |
16 yrs
|
| Colombia |
16 yrs
|
| Panama |
15 yrs
|
No house price or rent statistics are published in Mexico. The Sistemas Nacionales Estadistico y de Informacion Geografica is a rather weak site, which appears to concentrate on census data. The Banco de Mexico is better and has reasonable time-series.