Invest in an exciting emerging market: Mexico city apartments from £96,000 to £338,000
Mexico is emerging as one of the most exciting investment opportunities around. The country has a touch of everything, with the old mixed up with the new: fabulous resorts, bustling cities, old colonial towns and ancient ruins. The landscape is equally diverse with volcanoes and snow-capped mountains rubbing alongside desert landscapes and beautiful beaches.
Mexico City is the financial and cultural centre of the country, and at the heart of this city is the Centro Histórico, full of fine colonial buildings and major historic sites, such as the Aztec Templo Mayor, with its accompanying museum. The shopping scene is excellent, with several traditional, vibrant markets selling arts and crafts, as well as boutiques and larger department stores.
But the city is a vibrant, modern place too. There’s a thriving arts scene of theatre and cinema, countless venues for eating, drinking and dancing, not to mention a growing business district which is driving the economy forward.
Outside of the city it’s the abundance of archaeological sites that provide a draw for many visitors, giving them a glimpse into the country’s pre-Hispanic history. The other attraction for tourists is the spectacular coastline. The growing number of upmarket resorts make the best use of the sparkling beaches, offering their guests the best in recreational activities like golf, horse riding on the beach, fitness centres and spas, partnered with the utmost in luxury accommodations. And while resorts such as Cancun and Acapulco are already well known, and continue to develop, there is extensive growth in the less developed Gulf of California.
The temperate climate makes Mexico a year round destination for holiday-makers, and it has one of the largest tourism industries in the world. Additionally, the proximity to the USA (only 2 hours from LA) has made it a very popular choice for US residents looking for an easy getaway to paradise.
This makes the country a very attractive prospect for investors, as rental incomes on properties are likely to be very achievable, and not only with tourist dollars. Young, local professionals are a rising economic force in the major cities, and are keen to rent modern apartments with all the right amenities. The country is now more stable economically and politically than it has been for many years, and looks set to emerge as a major Latin American power. Because of this, Mexico’s property market currently resembles that of Spain in the 1960s: land values remain cheap but buyer confidence is increasing rapidly. With the current strength of sterling against the dollar, buying into new developments here, whether apartments in the city or villas along the coast, represents excellent value for money.


