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Merida is one of the hottest property markets in the country for foreigners looking to purchase a home in Mexico. Americans are the largest group of foreign buyers in Merida followed by Canadians, although an increasing number of European buyers have arrived over the past few years, primarily French and Germans. These buyers are drawn to the wonderful climate, colonial architecture, safety and the amenities that the city offers.
As a real estate and property management company with listings in the region, it is attractive and inexpensive to buy a second or retirement home here. Some people leave their country to start over new in Mexico and living in Merida makes it very easy to do so. Communities are formed, made up of expats who love the quiet, peaceful life that only quaint Mexican towns like Merida can offer.
Merida is the largest city in the state of Yucatan. The Centro Historico area is popular with expats and has restaurants, historic houses and a cathedral built on the site of Mayan ruins. Another popular neighborhood is around Plaza Grande or the Grand Plaza, which is filled with street vendors selling food and local arts and craft. The nearest beach, Progreso, is on the Gulf of Mexico and is about a half hour drive from Merida.
Merida is a buyer’s market. You can buy a renovated 19th or early 20th-century house in downtown for little money or you can find more modern homes in central locations with larger gardens and space. There are also gated communities with new construction like the Yucatan Country Club. It is easy to find a home that suits your taste in Merida and its surrounding areas.
If you are new to Merida and the Yucatan but have fallen in love like most people who visit here, it may be time to consider owning a little piece of Mexico to call your very own. Whether you are looking to purchase a retirement home, vacation home or have decided to take the plunge and live the expat life, there is a place for you here. Merida Property Management wants to help you find it.
At MPM we are a full-service property management company as well as real estate company who has a full staff of real estate agents and property managers that can take care of every aspect of your home buying process. Let us help you find a house in Merida or its surrounding areas, and then let us help you manage it. If you can’t be here on a daily basis, we are. We can help you with all the maintenance concerning your property. Whether you need lawn care or housekeeping, we can help with it all.
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