Mérida Real Estate: Market Report 2025
The Mérida real estate market has rapidly become one of Mexico's most attractive investment opportunities. Renowned for its security, cultural richness, and high quality of life, Mérida continues to experience consistent growth and demand.
Mérida Real Estate: Property Prices
Currently, the average price per square meter in Mérida stands at $36,126 MXN, reflecting a substantial annual real increase of 9.9%. Since 2017, Mérida's real estate prices have impressively risen by 105%, showcasing a healthy appreciation that attracts both local and international investors.
New apartments have seen the most significant price increases. A typical 2-bedroom, 65 square meter apartment is priced around $2.3 million MXN, whereas larger 3-bedroom apartments (100 square meters) are approximately $3.6 million MXN.
Rental Market and Profitability in Mérida. MéridaThe rental market in Mérida remains robust, with an average monthly rent for a 2-bedroom apartment at approximately $11,676 MXN. Rentals have increased by 1.4% quarterly, delivering an attractive gross annual return of 6.61%. Neighborhoods such as San Ramón Norte (average rent $14,284 MXN/month) and Fraccionamiento Campestre ($8,849 MXN/month) remain among the most sought-after locations.
Mérida Real Estate: Supply and Demand
The supply distribution in Mérida’s real estate market shows clear trends:
- Residential properties dominate with 67%.
- Land investment is significant, comprising 28%.
- Commercial properties account for just 2%.
- Industrial properties hold a minor share at 1%.
These figures indicate a solid preference toward residential development and land acquisition, reflecting investors' confidence in future growth.
Economic Indicators Supporting Mérida Real Estate
Yucatán's economic performance directly benefits Mérida's real estate sector:
- Yucatán’s GDP growth rate reached 5.4% in 2023.
- The construction sector expanded significantly by 22.4%.
- Real estate and rental services grew by 3.4%.
These positive economic indicators further strengthen investor confidence and promise sustained growth for Mérida real estate.
Why Invest in Mérida Real Estate?
Mérida presents a unique combination of lifestyle quality, economic stability, and rising property values, making it an ideal place for both residential living and property investment. The city’s appeal to both domestic and international investors remains strong due to consistent demand, steady appreciation, and attractive rental yields.
Investing in Mérida real estate today positions you strategically to benefit from continued growth in one of Mexico's most promising property markets.
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