This question comes up on many forums and people reply with some different rough square meter (feet) prices for construction in Mexico. There really are too many factors to give you an good estimate. The way you design your house and the finishes you want will greatly affect the cost of construction.
For example the new “Tulum style” is relatively easy to build, modern and affordable. It entails polished concrete floors and little tile usage. Bathrooms have a smooth cement (polished concrete) on the walls. Spaces are more open and there are less finishing touches that add up. This type of modern and clean design can make our dream come true at a much cheaper price.
One way to look at house cost is the prices for a basic house in a planned community. It is possible to get a new three bedroom house for about $45,000 USD. These houses are being sold with a profit, so you know that inexpensive construction is possible here. Most houses built in Mexico cost 1/3 the cost of construction in other countries.
Cost of labor and material for building a house
Labor in Mexico is lower paid then most areas people are coming from. Just to give you an idea of prices, a construction worker (abaniles , a common name of a people who works with concrete) gets between 200 and 600 pesos on average per day. This would be most of the crew building your house. This is often what construction workers in other countries get in one hour!
Where you build your house, at what standards you want and how complicated it is, will dictate the skill level of your laborers. Overall labor cost are what makes building a house in Mexico much more affordable.
Cost of building materials
Materials are more standard in price thanks to globalization. Prices for concrete, concrete blocks, and rebar are slightly lower but are similar in price to other countries.
Some things are the same or more than other countries. This can include tile, faucets, and lighting fixtures.
Learning local materials and building practices will save you a lot on your home. Palapa roofs over outdoor spaces, using local stone on facades, Mexican brands of paint and things like this can save you thousands of dollar.
Source: Everything Playa del Carmen