Merida Real Estate has recovered from the recession, and a new wave of investment has arrived. Foreign investment is expected to continue in the future, and as a result, there are numerous opportunities for buyers.
Merida is a city that offers a wide range of amenities. Its rich cultural and historical heritage is something to behold. It’s also an easy place to reach from the Gulf of Mexico.
The Merida real estate market is divided into several segments. The northern part has seen the most growth. There are now more modern housing developments in the area, including high-rise condos.
There are also many colonial homes in Merida. They have Tuscan columns and semi-circular arches. The front yards are elegant and the facades are made of smooth faced stone and Terracotta.
In the past 10 years, Merida’s north has seen an influx of new construction. This has created a bustling economic corridor, and a growing population. The industrial district houses auto parts manufacturers and food companies.
There are also some old colonial homes for sale in Merida. These have courtyards and street level balconies. The colonial architecture is a popular choice amongst the wealthy.
Merida’s real estate is affordable. In fact, it is cheaper than San Francisco or London. The dollar to peso exchange rate creates a lot of purchasing power.
In order to find the right Merida home, contact an experienced real estate agent. They will be able to answer all your questions and guide you through the process.