For buyers interested in Yucatan real estate, here are a few interesting facts that will help you shape your real estate search.
1. You can buy an ocean front Yucatan home for less than $35,000 USD. A quaint home, only 2 rows from the beachfront, in a quiet fishing village can provide you with the opportunity to go fishing, sunbathe, or swim on one of the most beautiful beaches you'll ever see. A home for this price can even be quite large, with 3 bedrooms and plenty of space for parking. A small investment can convert this property into the home of your dreams, or it can also be left the way it is for a vacation home in place where you can really get away from it all.
2. For this same price, you can buy a traditional Mexican home in the colonial heart of Merida. Life in this colonial city is most accurately described as "romantic." Living in a home which conveys the romantic image of this city is an ideal way to enjoy the colonial atmosphere and the city's rich culture to its fullest. Nearby market places and old churches make evening walks a pleasure, and give life a feeling of real community. A home here for this prices could have up to 3 bedrooms; again, it would require a bit of work, but has a great deal of potential.
3. For less than $600,000 USD, you can buy an 80 acre ranch. Not far from the city, a Yucatan land purchase such as this one would offer an ideal balance of convenience and peaceful relaxation in one of the most lush natural settings to be found. Orchards, cactus growths, and coconut palms provide the pleasure of enjoying food produced on your own land. The area's cenotes (cool pools at the entrance to an underground cave system) provide a refreshing place to swim on a hot day; some ranches may even include a cenote on the property.
4. Among all these low priced real estate options, high end luxury is also available. A traditional style mansion, with 8 bedrooms in a prestigious neighborhood with several balconies can be found for around $1,750,000 USD. A home such as this one could serve either for someone choosing to relocate to Merida, or for investment purposes, through rental or business.
Merida and surrounding state of Yucatan provide excellent opportunities to live in warm climate, enjoying a rich culture. Real estate is available for all budgets and all tastes – unless you'd rather put yourself through more cold, snowy winters, of course.
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Region: Yucatan Real Estate by Mitch Keenan has been a Licensed Broker in the United States since the 1980s. He holds a GRI and a CRS from NAR (National Association of Realtors). With over ten years of living and working in the Yucatan real estate industry, Mitch brings American business ethics and Mexico business experience together to give buyers unparalleled service. 512-879-6546
