Mexican real estate market: a slow recovery
2019 has been fully inaugurated, in different ways and above all with various economic approaches by the nations of the world. There have been positive results for the big cities, but also for the less metropolitan areas that have been revalued by investors.
A reality that is undoubtedly particular and unique, is the one that has characterized a state with a strong cultural identity.
Cradle of the Mayan civilization, set chosen for the most followed TV series of the moment, home of the famous Frida Kahlo, the protagonist Nation of our article of the day is Mexico.
After the recent change of government, at the real estate level, Mexico has begun to open up more to the international economy, attracting many investors who are eager to buy a property in this fantastic land.
Pablo Vázquez Rodríguez, the AMPI president, said that by the end of 2019, the real estate sector would reach an estimated growth of 6% compared to the previous year.
The potential contained in Mexican economic-social policy is based on maintaining a high rate of growth, arising from the continuous demand for housing and the mortgage portfolio with one of the lowest rates in the world. Elements that position this country in a decidedly optimistic framework.
With regard to mortgages, the expert economist at BBVA Bancomer, stated that they are more influenced by long-term expectations than by the reference rate, on which consumer loans are instead short-term.
The leading segment of the Mexican real estate market is the residential segment, followed by rental and luxury contracts, without forgetting holiday rentals and offices. The Mexican states with a high concentration of demand in the brick are Nuevo León, State of Mexico, Jalisco, Mexico City and Chihuahua.
Mexico City, will capitalize on all the various benefits deriving from this opening, in wider areas destined to the construction of new structures.
Furthermore, numerous reforms are underway aimed at territorial and urban development. The competent Ministry has in fact announced that it will assign 400 million pesos to finance these new projects.
Last December, Minister Josefa González Blanco Ortiz Mena, head of the Semarnat, decided to move to the Yucatan headquarters, clearly representing a real administrative decentralization aimed at bringing a joint participation of the private sector, through various loans, with the public demand.
The idea is to build housing where the situation turns out to be less prosperous, to be able to bring even a slice of the investors' portfolio even in the less valued areas but with a high potential (especially from the landscape point of view).
What to say, these news are always positive, especially if they can generate are not a social economic improvement of a Nation, but also to widen the boundaries of a real estate market that, today, is no longer local but world-wide.
A reality that is undoubtedly particular and unique, is the one that has characterized a state with a strong cultural identity.
Cradle of the Mayan civilization, set chosen for the most followed TV series of the moment, home of the famous Frida Kahlo, the protagonist Nation of our article of the day is Mexico.
After the recent change of government, at the real estate level, Mexico has begun to open up more to the international economy, attracting many investors who are eager to buy a property in this fantastic land.
Pablo Vázquez Rodríguez, the AMPI president, said that by the end of 2019, the real estate sector would reach an estimated growth of 6% compared to the previous year.
The potential contained in Mexican economic-social policy is based on maintaining a high rate of growth, arising from the continuous demand for housing and the mortgage portfolio with one of the lowest rates in the world. Elements that position this country in a decidedly optimistic framework.
With regard to mortgages, the expert economist at BBVA Bancomer, stated that they are more influenced by long-term expectations than by the reference rate, on which consumer loans are instead short-term.
The leading segment of the Mexican real estate market is the residential segment, followed by rental and luxury contracts, without forgetting holiday rentals and offices. The Mexican states with a high concentration of demand in the brick are Nuevo León, State of Mexico, Jalisco, Mexico City and Chihuahua.
Mexico City, will capitalize on all the various benefits deriving from this opening, in wider areas destined to the construction of new structures.
Furthermore, numerous reforms are underway aimed at territorial and urban development. The competent Ministry has in fact announced that it will assign 400 million pesos to finance these new projects.
Last December, Minister Josefa González Blanco Ortiz Mena, head of the Semarnat, decided to move to the Yucatan headquarters, clearly representing a real administrative decentralization aimed at bringing a joint participation of the private sector, through various loans, with the public demand.
The idea is to build housing where the situation turns out to be less prosperous, to be able to bring even a slice of the investors' portfolio even in the less valued areas but with a high potential (especially from the landscape point of view).
What to say, these news are always positive, especially if they can generate are not a social economic improvement of a Nation, but also to widen the boundaries of a real estate market that, today, is no longer local but world-wide.
