Expat retirees are buying up homes in Merida’s ‘centro’

MERIDA — The municipalities of Merida, Progreso and Tizimín, along with the Yucatecan coast, are the preferred sites for foreign investors looking for a second residence in Yucatan, with prices ranging from 2 to 12 million pesos ($118,000 to $706,000 USD). In the capital, the houses of the past century are the most coveted by the generation of More...

by Yucatan Times | Published 5 months ago
By Yucatan Times On Tuesday, August 29th, 2017
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Cancun threatens home seizures for unpaid property taxes

132,000 properties in arrears on their taxes; 40% of homeowners in Cancún’s municipality face possible seizure of their homes…. CANCUN — The municipality in which Cancún is located is going More...

By Yucatan Times On Thursday, August 24th, 2017
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Colón Avenue public utilities to go underground

The improved infrastructure works in Colón avenue would finally end in 2 months…. MERIDA — Work to improve the Colón and Cupules avenues is about 87% complete and is expected to be finished in October, More...

By Yucatan Times On Thursday, August 24th, 2017
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Merida resolves thorny land issues with neighboring municipalities

MERIDA — In the Governor’s Palace, Gov. Rolando Zapata Bello witnessed the signing of the Municipal Bordering Agreements between the mayors of Oxkutzcab, Raúl Romero Chel, and Tekax, Joshua Couoh Tzec, More...

By Yucatan Times On Monday, August 21st, 2017
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National real estate convention coming to Merida Aug. 23-24

MERIDA — The Mexican Association of Real Estate Professionals A.C. (AMPI) will hold its national conference on August 23 and 24 at the Hyatt Regency Hotel in Merida. The Summit of Real Estate Professionals More...

By Yucatan Times On Sunday, August 20th, 2017
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Adults-only Temptation Cancun Resort reopens after rebuild

Temptation Cancun Resort, part of Original Group, has reopened after a multi-million-dollar, complete rebuild directed by award-winning Canadian designer Karim Rashid…. Inspired by the human body, the new More...

By Yucatan Times On Friday, August 18th, 2017
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Cancun landmark hotel undergoes renovations as part of sale-leaseback deal

CANCUN — FibraHotel, the first real estate investment trust specialized in hotels in Mexico, announced an agreement to acquire the Fiesta Americana Condesa Cancun resort hotel for a purchase price of More...

By Yucatan Times On Thursday, August 17th, 2017
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17 former Borge administration officials implicated in alleged corruption

Among them, several former Quintana Roo Secretaries of State and a former Secretary of Finance…. In August 2016, “EL UNIVERSAL” published that then Governor of Quintana Roo, Roberto Borge Angulo, allegedly More...

By Yucatan Times On Tuesday, August 15th, 2017
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Refurbishment work authorized for Merida’s Historic Center

The City Council will establish a permanent work group to organize and to guarantee the realization of refurbishment works in Merida’s Historic Center, to keep it clean and beautiful…. MERIDA — On More...

By Yucatan Times On Friday, August 11th, 2017
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Real estate values rise in Merida

The Federal Mortgage Society reveals that 15 states showed percentage changes higher than the national average in home values… MERIDA — The price of housing with guaranteed mortgage loans in Mexico increased More...