According to the real estate site Propiedades.com, Merida was the second city with the highest real estate profitability in Mexico in 2021, with an average return rate of 7.9% in residential properties.
According to the Merida City Council, the city received more than 14,000 new residents during the first quarter of 2021, which is why the demand for properties continues to increase.
According to INEGI, the average price of housing in Merida increased by 8.3% in the second quarter of 2021 compared to the same period of the previous year.
In 2020, the sale of new houses in Merida increased by 12.8% compared to the previous year, according to the AMPI (Mexican Association of Real Estate Professionals).
According to the Yucatan Architects College, there was a 15% increase in the number of construction permits issued in 2020 compared to the previous year.
