In four out of five key “Centro Histórico” neighborhoods (Santiago, Santa Ana, San Sebastián, San Cristóbal and Mejorada), there are far more abandoned properties than homes under construction. But rental prices have risen to new heights in some areas.
A tally and assessment of Centro homes and neighborhoods was recently released by Alejandro Gil Sandoval, the director of the Office of Management for the Historic Center Board (Patronato del Centro Histórico de la Ciudad de Mérida).
One neighborhood popular with foreigners and tourists came off swimmingly.
Santiago is the most expensive, and most active historic neighborhood of the five, and its prices are now actually competing with those of the most exclusive areas in the North side of Merida.
“In Santiago, a rental house ranges from $1,700 US to $3,000 US monthly, sometimes reaching $7,500. Most of them are furnished with a pool, terrace, garage and garden, but not necessarily with services like a housekeeper“, said Gil Sandoval.
Gil Sandoval singled out San Cristóbal for an overabundance of street vendors, bad sidewalks and poor street lighting.Gil Sandoval added that Mejorada and Santa Ana also have a concentration of high-value properties, as they have similar characteristics to those of Santiago, but in contrast, San Cristóbal, San Juan and San Sebastian, all south of the Plaza Grande, have “the greatest shortcomings” of the Historic Center.
“People are not to blame, it is the dynamics surrounding them that doesn’t allow a higher appraisal,” he noted, later adding, “Of all the neighborhoods, Santiago is best laid out and close to cultural activities, but in San Cristóbal there are people living next to warehouses, which changes the situation completely.”
more recommended stories
López Obrador slashes his own salary and increases his popularity among the people of Mexico
Mexican President-elect Andres Manuel Lopez Obrador.
Rewards in exchange for donating plastic containers in Mérida
The modules of the pilot project.
Cozumel police protest mismanagement of funds by senior officers
Municipal police in Cozumel, Quintana Roo,.
Southwest Airlines to expand cargo business to Mexico
According to CNBC News, the avocado on.
Mérida hotels take measures against Influenza
The hotel and commerce sector of.
CICY scientists develop international biomimetic study on cocoyol fruit’s toughness
The Cocoyol or Coyol (Acrocomia Mexicana).
American tourist killed by stray bullet in Mexico City: ABC News
According to ABC News, an American.
Cancun and Riviera Maya, the best pet-friendly destination this Summer
As the most important beach destinations.
Tour Mexico’s Yucatan Peninsula and explore ancient Maya culture
The archaeological sites of the Maya.
OPINION: AMLO will fight the drug war in a different way
Phillip Smith is a writer, author.