In Mexico, real estate investment has become an attractive, profitable, and stable alternative. Mérida stands out as an appealing option for those looking to diversify their real estate portfolio.
For 40% of Mexicans, real estate is the best investment choice, according to data from HelloSafe. This preference is due to the various benefits it offers, such as rental income and property appreciation.
A crucial aspect of investing is choosing the right location. A good location not only improves quality of life but also maximizes investment growth potential. That’s why Yave, a Mexican company highlights five ideal cities for investment:
- Los Cabos: Located in Baja California Sur, this city is famous for its stunning landscapes, white sandy beaches, and year-round warm climate. Its tourist appeal, combined with a growing real estate industry, makes it a magnet for investors. According to the National Urban Public Safety Survey (ENSU) by INEGI, Baja California Sur is the safest state in Mexico.
- Puerto Vallarta: Situated on the Pacific coast, it is known for its natural beauty, beaches, and vibrant nightlife. With unique colonial architecture and a rich cultural mix, it offers a wide range of properties that attract both tourists and investors. It is considered the “most Mexican” beach destination due to its authenticity and variety of attractions.
- Monterrey: Known as the “City of Mountains,” Monterrey combines a mountainous landscape with a vibrant urban life. This industrial city is the economic and cultural hub of northern Mexico, attracting entrepreneurs, artists, and travelers. Its rich industrial heritage and diverse cultural scene make it an attractive place to live and invest.
- San Miguel de Allende: This colonial city in Guanajuato is famous for its cobbled streets and artistic ambiance. It attracts foreigners and retirees, leading to constant demand for residential and vacation properties. UNESCO has designated it a World Heritage Site for its architecture and evolution of styles, from Baroque to Neogothic.
- Mérida: The capital of Yucatán stands out for its Mayan culture and relaxed lifestyle. It is recognized as one of the safest and most attractive destinations to live in Mexico. Mérida combines tradition and modernity, implementing urban and tourism development policies that make it even more appealing to investors. Its gastronomy has also received international recognition.
Bernardo Silva, CEO and co-founder of the Mexican proptech company comments, ‘Mérida offers a unique combination of history, culture, and investment opportunities, making it an attractive option for those seeking to diversify their real estate portfolio in an enchanting and promising environment.’
Choosing the right location is crucial for tangible benefits in real estate. These cities represent significant opportunities not only in terms of growth and profitability but also in the quality of life they offer to residents and potential investors.
Bernardo Silva concludes, ‘The combination of solid infrastructure, economic dynamism, and environments conducive to business and personal development places them at the forefront of real estate investment, whether for those looking to settle down or maximize their investments.’
Source: Real Estate Market