Yucatan real estate, focused on the colonial capital city of Merida, offers buyers a wide range of property choices, including everything from old colonial homes to modern condos and lots for construction. Within the Mexico land market, Yucatan land is certainly an options which should not be overlooked. The following are some of the benefits to buying land in Yucatan.
It's affordable. - You will find that prices of excellent lots will be low compared not only to back home, but even many other areas of Mexico. This will help you make your property investment without straining your budget.
Building costs are very accessible. - This is not only construction, but high-quality construction from experienced builders. Design costs and other related expenses will be notably lower that what you are used to if you've done this before.
Solid economy. - If you are building for commercial purposes, or for return from resale, Yucatan's economy is healthy and can support your investment goals. Of course, this takes careful planning and consideration of which property you buy; it doesn't necessarily have to be a more expensive property, but it does need to be chosen according to your purposes.
Healthy tourism. - The colonial city center of Merida, and world-famous pyramid sites such as Chichen Itza draw large numbers of visitors from all over the world every year. This means that there will be an increasing number of expats choosing this area as their home, creating a healthy resale market.
Many nearby services. Whether you are building your own dream home to live in Yucatan, or building to resell, Merida's economy and tourism have drawn a large number of modern services, ranging from new shopping centers and golf courses to modern, state-of-the art hospitals and specialized retirement services.
Nearby beachfront areas. Although Yucatan is mostly famous for the city of Merida, a large portion of the state is along the beautiful beachfront of the Peninsula's north shore. Land here is likewise very affordable; even if you build near Merida, the beachfront is only 30 minutes away!
Take some time, compare land in Yucatan to surrounding areas and other parts of Mexico. You will find that the combination of price and amenities is ideal; few areas offering this kind of warm-weather lifestyle, with modern conveniences also offer prices that are still very accessible!
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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
