Building a house in Merida Mexico - Casa Yucatan Real Estate

Merida, located in Yucatan, Mexico, has become a hotbed for prospective home owners looking to capitalize on its budding and lucrative market. The capital of Yucatan, Merida is located just twenty two miles away from the coast of the Gulf of Mexico and is extremely cost-effective. Whether you are prospecting personal finances or business expenses, building a house in Merida, Mexico, is not only easy, it?s one of the only sensible investments in a nationwide scale where real estate is usually dangerous bidding. As of this writing, three hundred square meters of land in Merida costs a scant twenty five thousand United States dollars, while the costs of paying for construction every two hundred square meters averages at around sixty give thousand United States dollars, bringing the final tally to ninety thousand dollars for an equitable and lucrative house in prime real estate location that will typically sell for over a hundred and twenty five thousand dollars, earning you a return equity of over thirty thousand dollars.

Personal testimonies promise land that sells for a thousand pesos every square meter, which translates into an affordable eighty two US dollars for a construction job which typically lasts only three months. The market gestation period in Merida is less than half a year, which is up to four times as fast as comparable markets in the United States.

These bonuses can?t truly be appreciated until the health of the Merida market is fully understood, and what a healthy state for estates it is ? well beyond comparable examples in the United States. Merida is the twelfth most popular Mexican metropolitan area, and has become an attractive destination for residents throughout the country. Because real estate markets rarely improve in a bubble, the health of the real estate market in Merida is a good indicator for the relative health of the surrounding economy and livability. Despite the turmoil in the border towns that is so well known to residents of the United States, Merida enjoys a safe lifestyle and boasts sixteen higher education institutions.

The city?s schools have been praised as the best performing public schools in Mexico since 1996, and all of these elements come together to increase the real estate market for curious investors. Homebuilders can purchase lots of land that can house nearly ten homes alone, and with quick work times, in addition to very few large established homebuilders monopolizing the land and its worker resources, prospective builders have a more accommodating schedule and atmosphere than they are used to stateside.

Merida is an emerging real estate market, and terms like ?emerging? should perk the ears of all savvy homebuilders who recognize the goldmine that is new markets. The city has grown into a metropolitan area filled with numerous public and private hospitals and medical centers, an international airport, and accommodating public transportation systems that rival larger metropolitan competitors like those found in Mexico City. Merida is situated in a similarly golden time when the market is ripe and healthy, but has yet to be monopolized and exploited by larger construction organizations. With cheap costs and quick equities, building a house in Merida Mexico insists upon itself. An exotic city that is uniquely isolated from the cultures of the larger Mexican countryside, Merida has become a choice destination for people seeking a genuine Mexican experience in a steadfastly native city, and as such Merida hosts a wide variety of authentic restaurants to entice buyers with the spice of the region.

When arranging homebuilding in Merida it is important to choose from local architects and construction firms, as most of them speak English and are experienced in working with prospective homebuilders. Building a home in Merida Mexico will teach you the essentials of renovation and remodeling, and while the total cost of home construction tallies at around ninety thousand dollars, additional home perks such as pools can be added for less than five thousand dollars at most reputable construction firms. For these reasons Merida in Yucatan Mexico compels homebuilders to take advantage of its market and prune the budding market. Located in the northwest of Mexico near the Gulf, Merida is a cost-effective alternative for prospective homebuilders searching for financially rewarding plots in exotic locations. Whether you can afford the building personal or in a business investment, building a house in Merida Mexico will offer one of the most cost effective solutions in the entire Americas. Alternatives to homebuilders include a real estate market will many properties ripe for renovation, such as smaller colonial houses scattered throughout the old town district of Merida.

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Merida Mexico Real Estate

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Arq. Gabriela Cornelio is a native of Merida Yucatan, co-founder and owner of CasaYucatanRealEstate. Gabriela holds degrees in architecture and international commerce from UADY University in Merida, and full range of residential design and construction projects to her credit. Her experience in architecture and real estate coupled with her knowledge of Merida and Yucatan, allows her to provide clients with expertise that is beyond the norm.

Source: http://www.casayucatanrealestate.com/blog/?p=602&utm_source=rss&utm_medium=rss&utm_campaign=building-a-house-in-merida-mexico

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