Top Reasons Why Merida Is A Great Investment

Merida has become one of the favorite cities to live and buy a house for both foreign and Mexican residents.

Here’s why:

  • Merida is the safest city in Mexico and Latin America.

  • Merida is rated one of the very best cities to retire in Mexico.

  • Merida is one of the best places to live.

    • Merida offers colonial charm, excellent healthcare services, beaches only 40 minutes from Centro and the cost of living is extremely attractive.

    • The affordability of living in the city allows more people to acquire luxurious properties in areas with high surplus value, something that could be impossible to do in other cities.

    • Architecture and cultural activities are some of the things that have helped Merida to become one of the best cities to live in Mexico.

    • The streets of Mérida are bursting with the colorful facades of Spanish colonial architecture. Mérida has one of the largest centro históricodistricts in the Americas (surpassed only by Mexico City and Havana, Cuba). Colonial homes line the city streets to this day, in various states of disrepair and renovation; the historical center of Mérida is currently undergoing a minor renaissance as more and more people are moving into the old buildings and reviving their former glory.

    • Merida is also steeped in Mayan history. Centrally located on the Yucatan Peninsula, UNESCO World Heritage sites like the ancient cities of Uxmal and Chichen Itza are an easy day trip, or visit local Fundación de Artistas, a nonprofit featuring art exhibits in a 19th-century home; Gran Museo del Mundo Maya, a modern cultural museum.

    • Merida was voted the top small city in the world in 2019 by Conde Nast (see here) .

  • Merida has steady growth.

    • Thanks to the privileged location, climate and quality of life, Merida and the State of Yucatan are registering steady growth in real estate investment.

      • local economy – In the first quarter of 2019 alone, jobs grew by 105%

      • tourism in Mérida has grown by 41%, positioning the city as one of the most visited cities in Mexico

      • The real estate boom in Merida is the result of growth projections. That is why we are not surprised when foreigners who acquire properties in Merida fall in love with the city.

  • Merida has foreign investment – the presence of expats living in the city. It is increasingly common for people from the United States, Canada and Europe to decide to stay in Merida.

  • Merida earned the title of American Capital of Culture – The proximity to the beach, archaeological sites, cenotes, traditions and culture have caught the eye of people all over the world.

  • Yucatan won the 2019 Excelencias Award in Madrid, for the actions taken to make Yucatan one of the most innovative and attractive places in Mexico.

  • The restaurant scene.

  • The weather!

While Yucatan real estate is still affordable, the prices continue to go up. This is definitely the time to consider a real estate purchase in the Yucatan!

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