Home Headlines Conkal transformed by Mérida’s Real Estate boom

Conkal transformed by Mérida’s Real Estate boom

by Yucatan Times
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Merida, Yucatan. – According to Mexico’s major newspaper El Financiero, the Real Estate boom in Mérida has made a big impact in the municipality of Conkal, where the construction companies develop high and middle class homes, increasing in 500% the added value of ejidal and private land, , and depleting the territorial reserve of the place.

As it is 10 minutes away from Periférico Norte and 15 minutes from Altabrisa shoppin center (uptown Mérida), Conkal emerges as the new housing paradise, especially for families that come to the Yucatan from other parts of Mexico seeking security and good quality of life.

Due to the scarcity of land, the price per square meter in this municipality rose from 120 to more than 600 pesos in the last seven years because developers and speculators started buying to secure land tenure.

With the construction of 35 major housing complexes, of social interest, middle class and residential, modern shopping centers have appear, of which one is already operating and three more are still in construction process. All this new infrastructure emerges to meet the demand for services and commercial establishments.

Of the 35 projected complexes, 16 are already completed and inhabited, only two of these are municipalized, the others are under the property regime in condominium, that means that, the owners of the houses of those subdivisions are responsible for the maintenance of their streets, roads, sidewalks and street lighting.

However, the municipality provides them with potable water and garbage collection services, through a monthly payment, in addition to complying with the property tax (predial).

To date, he said, the municipality has had no problem to meet the demand for public services because those who come to inhabit the new subdivisions are paying their property taxes on time, a situation that allows the authority to have some economic independence to serve them correctly.

The village of Conkal

On May 1, 2018, Conkal will change from municipality to village (Villa), after the approval of the State Congress. According to the 2015 census, Conkal registered 11,141 inhabitants, and it is believed that at least 2,000 more have come live here in the last two years.

With this change in status, the next Conkal administration will have more resources allocated, which will allow it to acquire the necessary tools to satisfy the demand for public services. The council will also be expanded from 8 to 11 council members.


On the issue of security, the mayor of Conkal said that to date, his municipality remains relatively calm without major incidents, due to the close coordination with the Public Security Secretariat of the state (SSP), who collaborate and support to safeguard order and peace in town.

Currently, Conkal has only 30 police agents, a director of the corporation and another director of the SSP, which, due to the number of residents, are insufficient; therefore, the next administration will need to hire more law enforcement officers.

It is worth mentioning that Mérida has a SSP base right next to Conkal, so Mérida municipal police is always on the look and in coordination with authorities there.


Source: elfinanciero.com.mx



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