Mazatlán, number 1 in investments and ROI in Real Estate

Mazatlan is, without a doubt, one of the best places to invest in real estate. Many experts in the real estate sector assure that investing in Mazatlan is a very smart choice since it is considered the best city in Mexico for the elderly, newlyweds and families with children thanks to its infrastructure and cost of living. In addition, the construction of 35 real estate towers that are located near amenities such as schools, hospitals, public transportation routes, and shopping centers recently began, which will further promote the increase in capital gains in the city.

Without so much analysis, the growth of Mazatlan “runs smoothly”, only in 2021, 40 new developments were announced in the port, and only speaking of real estate developments, without considering the growth and government investment in infrastructure, embellishment of the city and its attractions. The offer is so diverse that beyond thinking about a budget, the options of developments, real estate and real estate agents are plentiful.

“The areas with the highest demand are the condominiums that are located along the touristic border. Everyone wants to own a property with an ocean view, however, if they cannot afford it, they finally go one, two or three blocks from the pier”, mentions Cristina Velarde Tirado, Counselor of the Mexican Association of Real Estate Professionals. If you are interested in buying a house, you will find prices from $800,000.00 MXN to $29,000,000.00 MXN in residential zones of high value. By contrast, renting a house or department in Mazatlán has an average price of $5,000.00 MXN to $55,000.00 MXN.

Likewise, it is estimated that this boom will continue for a long time, since this city has large extensions of land that are ideal for construction. This is one of the main reasons why developers have set their sights on this destination. Real estate investors have placed Mazatlán in the sights of real estate buyers around the world. Thus, North American, Canadian, Brazilian, Spanish, French, English and Australian investors, among others, have found in “The Pearl of the Pacific” the ideal place to live.

In conclusion, the main reason is that along the entire Mazatlán coastal area, a kind of real estate investment fever has been unleashed, property values ​​here respond to investors’ need to maintain the price/quality relation, and for a lower price than in other states where real estate investment is booming.

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