The inherent profitability and stability of real estate makes it one of the preferred assets to hold and increase the value of money. In Mexico, the cities that have shown the best performance in real estate are undoubtedly Mexico City, Monterrey and Guadalajara, although Querétaro has also been gaining strength and Puebla and Playa del Carmen.

In addition to the cities that historically have the highest level of development, Querétaro stands out for having the ninth place with the highest investment in the country, the fourth in number of square meters built and the third with the highest added value, this according to data from the Association of Real Estate Developers (ADI).

For its part, the price of housing in Puebla has risen from 4 to 8% in just two years as a result of the demand of foreign families who view it as a good destination to live. According to data from the Mexican Association of Real Estate Professionals (AMPI), its boom is concentrated in areas such as San Andrés Cholula where the price of the apartments ranges between one and four million pesos.

Likewise, Playa del Carmen is one of the 10 destinations with the largest national real estate development, although at this point the development of residential and residential plus housing is privileged, in addition to the tourism and commercial subsector.

WHERE AND WHAT TO INVEST?

According to the report 'Real Estate Panorama 2018' by the real estate consulting company 4S, which gathers the opinion of developers, builders, brokers, consultants, banks and investment fund institutions, the most attractive products for rental investment are departments in the CDMX, Querétaro, Guadalajara and Monterrey; as well as houses and industrial buildings in Querétaro.

In the same way, it is convenient to invest in commercial premises in the cities of Querétaro, Monterrey and CDMX; Or, invest in offices in Querétaro, Monterrey and Guadalajara; Industrial real estate in the city of Monterrey are also good alternatives. All under the investment scheme for income.

It should be noted that the cited report also shows that in CDMX and Guadalajara they are buying more end users of Generation 'Y' (that is, millennials, under 35 years of age), while in Monterrey the demand includes a market between Generation 'Y' and Generation 'X' (ie, people between 36 and 50 years of age). Finally, in the case of Puebla and Querétaro, the request for real estate products is led by people over 50 years of age (Baby Boomers) and some more who are part of Generation X.

The real estate industry enjoys great momentum, today we see innovation, development and fertile ground for those who seek the solidity and support of real estate. Undoubtedly, the scenario offers good prospects for those looking to invest in bricks.

By Cecilia Furfaro General manager of Vivanuncios

This is an article from edition 114http://inmobiliare.com/inmobiliare-114/

*Editor's note: The opinions expressed herein are those of the author and do not necessarily reflect the position of Inmobiliare.