Quintana Roo stands out as the second state in Mexico with the highest growth in real estate capital gains, according to recent data from the Mexican Association of Real Estate Professionals of the Southeast (AIS). This update was presented in anticipation of the Join the Business Community forum, scheduled for November 13 in Cancun.
Pablo Castro, a member of AIS and commercial director at the Logar Group, noted, “The second-quarter report from the National Mortgage Society shows Quintana Roo ranking second in Mexico for capital gains, with an impressive annualized rate of 12.5%.”
Additionally, Benito Juárez (Cancun) ranks fourth among all Mexican municipalities, with a 13% annualized capital gain. This trend makes northern Quintana Roo especially attractive for real estate investors seeking profitable returns through rental and property sales.
Recovery and Rising Demand in Quintana Roo’s Real Estate Market
Rajiv Heredia González, president of AIS in Quintana Roo, shared insights on the region’s recovery in real estate following a slight pause in September due to governmental transitions. “The real estate sector, especially in residential housing, is seeing renewed dynamism,” he said. Foreign investment from the United States and Canada is also picking up, signaling a return of international confidence in the area’s market potential.
Heredia explained, “Every six years, we experience an economic cycle that influences real estate, marked by an initial demand drop and high supply. Now, demand is reactivated, beneficial for companies seeking liquidity as the year closes. This may even lead to temporary price reductions, which in turn stimulate sector growth.”
Positive Outlook Despite Judicial Reform Concerns
Heredia dismissed concerns that judicial reforms would negatively impact investments in the real estate sector. On the contrary, he pointed to new investment announcements across various sectors, including housing, office spaces, warehouses, and urban infrastructure. These developments signal ongoing confidence in Quintana Roo’s market potential, underscoring the region’s importance as a hub for both domestic and foreign investors.
With these factors at play, Quintana Roo continues to be a top location for capital gains, making it a compelling choice for investors looking for stable and promising real estate opportunities in Mexico.
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