Real estate “Boom” would raise the population of Mérida to two million before 2030

“The city of Mérida would increase its population in the next 10 years by 33 percent, as a result of the current real estate boom that is registered in the region, which is expected to continue for at least a ten-year period, and would result in a population of two million inhabitants for the Yucatecan capital by the year 2030”, predicted Aquiles González Chacón.

On Saturday May 18th, during the opening of the “Guide of First Home Buyers”, an event organized by Vivanuncios, the real estate portal of eBay, that for the first time was held in Mérida, the president of the local Mexican Association of Real Estate Professionals (AMPI ), added that the perspective of Yucatan, particularly the city of Mérida, as a receiver of real estate investments, is “quite broad”.

“Mérida is booming right now, and 10 more years of steady growth and a rising trend are forecasted for the region” the executive said optimistically. Then, he added that there are currently 1,200,000 inhabitants in Mérida.

“We are just talking about the municipality of Mérida, without considering the adjacent municipalities of Kanasín, Umán, Hunucmá and Progreso; which together add up to over 200,000 more”, he continued.

González Chacón also said that the state of Yucatan is already in the process of establishing new regulations, real estate laws, which would give certainty to the sector as a whole.

“There are already some states in the country that have a property law and license to carry out the activity, and we have been working since last year along with the Legal Counsel of the State of Yucatan to obtain a real estate license for the state,” added the president of AMPI.

“It would be a inaccurate to say that without this license, real estate brokers will not be able to operate, because there will always be “informality” in the sector, but it will be better regulated and that will give certainty, not only to the buyer, but also to the seller or real estate consultant, because the whole process will be carried out in a much more professional way, “he explained.

During the event, specialists such as González Chacón and the commercial director of Vivanuncios, Damián Gerberoff, as well as Róger Roche Millet and Roberto Ordaz González, talked about the real estate panorama in Mérida and the state of Yucatán.

Before a large attendance in the main halls of the Hyatt Hotel in this city, they talked about the general vision of the market, the legal tools, financial and fiscal instruments inherent to the activity and the property acquisition process.

And after a Q&A session, organizers and speakers accompanied the attendees to a tour of the exhibition area in which several companies exhibited their real estate offer.

Some of the companies that attended the “Guide of First Home Buyers” event were: Vivanuncios, Hogares Union, Scotiabank, Coldwell Bankers, AMPI, Ordaz Gonzalez, RM Desarrollos, Chichen Realty, Altozano, Yucatan Open House Tecahomes, Hogareslifestyle.com, and Hu Lifestyle, among others.

The Yucatan Times Newsroom

 



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