Merida and CDMX are the top Mexican cities to invest in Real Estate

Photo: https://internationalliving.com

Mexico City; Merida, Yucatán; Huixquilucan, Estado de México; Guadalajara, Jalisco and Monterrey, Nuevo León are considered the most attractive areas to invest in real estate throughout the country, according to Lamudi.

The real estate agency pointed out that Merida, Yucatan, is considered one of the cities with the best quality of life due to the its highe level of security, sources of employment, housing developments and attractiveness for investment.

Another advantage for real estate investors is that the price per square meter in 2018 was placed 50 percent below the average in Mexico City.

In a statement, Lamudi declared that currently, the most reliable investments are in real estate since they have returns of investment of up to 30 percent during the first year of acquisition.

He explained that Mexico City continues with an important urban growth where the residential real estate supply for rent in the capital of the country is composed of houses and apartments; the trend is 86 percent towards vertical housing versus 14 percent towards horizontal housing.

In the case of Huixquilucan, in the State of Mexico, there are developments with a great demand for their services. The rental prices of the area have an average cost of 30 thousand pesos per residential and Residential Plus type housing.

While Guadalajara, Jalisco, occupies the fifth place nationwide in the search for property through the Internet and responds to high demand rates.

In the case of Monterrey, investment opportunities are significant as it leads the list of the largest offer of properties for sale and rent in Nuevo Leon. The vertical development in the region has had an important growth in the rent of apartments is an upwards trend.

On the other hand, San Luis Potosí, the capital of the state with the same name, has positioned itself in the tenth place in the national ranking of the highest real estate search (2.2 percent), making it an excellent opportunity for developers and real estate investors to explore new horizons.

According Lamudi, Tulum in Quintana Roo is considered one of the regions with the best beaches in the country, with an average of 17 million visitors per year, where the  property value has had an annual increase of 8.0 percent since 2015.

TYT Newsroom with information from excelsior.com



Comments

comments