Merida is an excellent city to invest in real estate developments. Its geographical and economic characteristics make the properties in its territory generate a great capital gain. Their value constantly increases over time.
Now we invite you to know three key points that give Mérida real estate capital gain:
1. Its geographic location
Located in the Yucatan Peninsula, Mérida is in a privileged geographical position. The city is connected to the country and the rest of the world by sea, air, and land. The north of the city has grown enormously in recent years and is becoming a hub for business, fueling the need to create new corporate and mixed-use developments.
2. Excellent quality of life
In 2019, Mérida was recognized by Condé Nast Traveler magazine as the best city in the world due to its tranquility, welcoming vibe, and quality of life. Also, in the “The World's Safest Cities” ranking of CEO World magazine, Mérida was positioned as the 2nd safest city in the American continent, only behind Quebec.
3. Large foreign investment
In recent years, the city of Mérida has become the destination for large investment projects, both national and foreign. Only in 2019, the Japanese company Uchiyama Manufacturing Corporation (UMC) invested 65 million dollars in Mérida to install an auto parts factory, supplying brands such as Nissan, Toyota, Mitsubishi, General Motors, and Ford. As well as the UMC, other large projects have settled in Merida, taking advantage of the economic development of the city.
These characteristics have led many entrepreneurs from the rest of the country and the world to take an interest in Mérida as the center of their businesses and even, as their new home. A successful investment case is Nortemérida, a SIMCA Developments project whose capital gain tripled the initial value of its investment.
Learn about other SIMCA Developments projects and take advantage of the real estate capital gain of the city of Mérida.