One of the defining features of Mexico real estate over the past decade has been the improvement of urban areas meet the demands of international buyers. Yucatan real estate has been a prime example of this with the complete restoration of the historic downtown area of the colonial city Merida. The restoration and improvement of this area continues to take place, with street improvements and improvements to main pedestrian areas among other items. Most recently, the mayor of Merida, Angelica Araujo Lara announced the beginning of adapting and improving the pedestrian walkway called “Revolucion.”
The improvement will affect 1.33 square meters, and require an investment of $30 million pesos, or about $2.8 million USD. The work on the passage will be to install a metal roof, beams and roof made of polycarbonate, will strengthen Merida as one of the most attractive and competitive cities in the country, in addition to print more dynamic economic activity and tourism .
The mayor, accompanied by Gov. Ivonne Ortega Pacheco, kicked off the start of the improvements on the passage located between the Cathedral and the Museum of Contemporary Art of Yucatan, which is one of the current projects of the municipal administration.
Projects such as this one greatly improve the pedestrian appeal of the historic area, which is generally one of the strongest attractions for Americans and Canadians buying real estate in Merida. A favorite is the colonial homes surrounding the downtown area, which offer a walking distance to the Cathedral, the picturesque city square, museums, restaurants, the English library, and the many other attractive features of the downtown area.
The restoration and improvement work which has done much to restore the charm and beauty of many areas in downtown Merida has paralleled the renovation projects which many North American buyers have carried out in the city’s historic areas. There are homes available for a reasonable price which have been completely restored and are ready to be lived in.
Other ongoing projects benefiting Yucatan real estate buyers in Merida are on the main access road, Paseo de Montejo, Hidalgo Park, the facades of historic buildings in the area, and the work of levelling, cleaning and recovery of the lands from the former railroad station.
Work on the downtown walkway will also include improvements in pavement, walkways, urban and architectural lighting, sidewalk benches, signage and space for performances.
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