5 reasons to invest in Mexican properties

At Leax we want to show you the best reasons each country gives you to invest in it and the laws you should know before doing so. Today we decided to talk about Mexico, a nation that was named the third best country for investments in real estate, surpassed only by China and Brazil, according to an annual study by AFIRE.

Now, what makes Mexico so special? Well, today we’ll tell you the 5 reasons why investing in real estate in that country is very smart:

1. Stability in the property market

The global economic recession that has touched several nations does not seem to have affected Mexico, as the value of properties has shown an enormous stability in its value, making it highly attractive to local and foreign investors.

Residential real estate is the most important asset in terms of value for most Mexican families. The acquisition of this type of property is perhaps the highest transaction that a common Mexican family will carry out even over a long period. Before 2008, the demand for housing was the reason that had the greatest influence on the growth of housing costs. Today, the housing market has undergone a process of maturation, in which the costs faced by supply have a greater effect, although demand remains relevant.

Now, at this point it is important to emphasize that the amount of mortgage credit achieved a better performance thanks to the depreciation of bank credit and the expansion of credit limits for those Mexicans who are affiliated to public institutions. According to specialists this is a trend that will continue during this year, in which both middle and residential segments will have more relevance in terms of the public sector as well as for private intermediaries.

2. Modern and elegant structures

In Mexico, more than $315 million pesos, or approximately 15,891,600 euros, were allocated to infrastructure spending over the next four years, exponentially demonstrating that architecture and equipment are first class. This issue has become really viral in the country, especially among tourists and residents of other countries.

Now, as a result of the artistic relevance of much of Mexico’s architectural structures, including pre-Hispanic and colonial cities, have been designated World Heritage Sites. Mexico has the first place in number of sites that have been declared World Heritage by UNESCO in the American continent. To be proud of, right?

3. If you remodel, it acquires value for resale

A great opportunity that is offered in Mexico to invest in residential real estate is the option to buy and then remodel such property, so it is easy to get profits of more than 30% in a period of 3 years, ie your investment would charge 10% annually for the period described above. If we refer to the capital of the country, that is, Mexico City, the most convenient options for this are the San Rafael colony (which has experienced significant growth in recent years), and Anzures and Legaria (which are near Polanco, one of the best paid areas in terms of real estate is concerned).

This type of business is so lucrative in this country as a result of the fact that there are still areas or homes that have not been adapted to the infrastructure of the XXI century, so investors and real estate agencies acquire them, make structural changes but especially in terms of decoration, facade and painting to make it look modern and thus revalued, it is even very common for wealthier foreigners to acquire complete buildings or complete urbanizations to remodel and update them completely in terms of new requirements and thus increase their value and of course sell them much more expensive.

4. Vertical properties are the most demanded by all

Vertical housing is the residential property most chosen by singles, small families, young couples and also by retirees since it is a shared investment, safe, with amenities such as lifts, cleaning service and even parking. That’s why dedicating your savings to vertical real estate is a very good option, either for sale or rent.

5. Mexico City is one of the most visited destinations in Latin America

Mexico City has become one of the largest destinations in the world, which is why countless large entrepreneurs live in this area, which means that there is great market demand for real estate, so buying and selling real estate would be a big business, as well as acquiring them for remodeling and then offer them at higher prices.

Even renting is a good option if you want to perceive an immediate and concrete return on investment in the medium term. Soon, we will be talking about all the benefits of buying or renting a property as a form of investment.

Mexico has a lot to offer in real estate, so we would love for you to join our Leax Ambassador program to benefit your community with the decentralized investment power that our tokens can add in an already successful market.

Increase your opportunities and those of many more people and become the next Leax Mexico ambassador.