Property prices in Cancun

Hello everyone,

Finding affordable housing in Cancun is number one priority for newcomers. Tell us more about the estate market in your district/city/region.

What are the most desired places to live? What are the most affordable ones? What is the average cost of a rented flat? And what is the average sale price for an appartment or a house? Could you tell us more about local real estate policies/procedures? What about property tax or residency tax in Cancun?

What about you? Where do you live now? Is it a place you would recommend?

Thank you in advance for your clarifications.

Priscilla

What Documents does one need to show purchase Interest?
If it's similar to the USA, I'm aware of ; 1 Income Verification,  2 Income Tax, 3 Crédit Score, etc.
I'm assuming one needs to be a resident for a number of months, years?

Any advise?

Thanks

J Pérez