House and apartment prices in the third quarter of 2022 increased by only 0.8% year-on-year.
Mexico's housing market remains weak. The nationwide house price index (adjusted for inflation) grew by 0.8% year-on-year in the third quarter of 2022, compared with an increase of 2.73% year-on-year in the second quarter of 2021. In the third quarter, prices rose by 1.04%.
For almost a decade, the housing market has hardly changed. In 2009, housing prices in Mexico increased by 0.77% (adjusted for inflation), they decreased by 0.59% in 2010, +2.37% in 2011, -1.15% in 2012, +0.39% in 2013, and +0.84% in 2014. The housing market has gradually improved in recent years, with real house prices rising by an average of 2.75% per year from 2016 to 2021.
Supply and demand. According to Hector Romero of the agency Peters & Romero Bienes Raices and Andres Vizcaino of KW Pedregal Keller Williams, many residents of Mexico City are selling their homes and moving to remote areas in other countries, amid the ongoing pandemic and the worsening economic and political situation. That leads to an increase in supply, which reduces housing prices.
Economy. According to the national statistical agency INEGI, Mexico's economy grew by 4.3% in the third quarter of 2022 compared to a year earlier, indicating an acceleration in growth compared to the same period last year by 2.4% in the second quarter of 2022, 1.8% in the first quarter of 2022 and 1.1% in the fourth quarter of 2021. The growth was mainly driven by the commodity sector, despite the ongoing aggressive monetary policy tightening cycle.
According to the International Monetary Fund (IMF), the economy is expected to grow by a modest 2.1% this year after growing by 4.8% in 2021 and shrinking sharply by 8.2% in 2020.
Propreties for sale in Mexico:
233 992 €
Apartment in Mexico
62 sq.m11
This unique residential boutique complex is located in one of the best places of Playa del Carmen in the Italian area, it is ideal to spend an afternoon summer drinking coconut juice. Or, on a January morning, sip a cup of coffee while enjoying the amazing colors of the turquoise shades of the Caribbean Sea.
The exclusive residential complex...
Property Investor
342 698 €
Apartment in Mexico
106 sq.m23
This unique residential boutique complex is located in one of the best places of Playa del Carmen in the Italian area, it is ideal to spend an afternoon summer drinking coconut juice. Or, on a January morning, sip a cup of coffee while enjoying the amazing colors of the turquoise shades of the Caribbean Sea. The exclusive residential complex is...
Property Investor
542 604 €
Penthouse in Mexico
404 sq.m33
Hugging the white sand coast of the Caribbean Sea, this development of boutique hotel rooms & residences offers a luxurious vacation retreat in Riviera Maya, Mexico. With its chic, modern architecture at water's edge and authentic Yucatan spirit, our AAA Four Diamond hotel is an idyllic escape for family vacations, romantic getaways,...
Property Investor
234 914 €
Penthouse in Mexico
146 sq.m22
An incredible 2 bedroom boutique penthouse with beautiful views of the surrounding natural elements and jungle of Tulum. The penthouse is located within a brand new development recently completed in 2020, and only 10 minutes from the town of Tulum and 15 minutes from the beach. The entire building only has a total of only 6 units, with its very...
Property Investor
441 269 €
Villa in Mexico
185 sq.m33
This 3 Bedroom open concept villa was built by one of Tulum's most reknowned boutique eco builders. The rooftop terrace is accessed through the master bedroom, and provides a perfect space for quiet morning or for a familly & friends gathering for some cocktails. The open concept kitcken and living area which seemlessly flows into the...
Property Investor
124 366 €
Villa in Mexico
100 sq.m322
This fabulous 2 bedroom private luxury jungle villa is located just outside of growing Tulum, but still in reach of all necessary amenities and activities, which are numerous in Tulum and area, while at the same time providing a quiet retreat away from the hustle and bustle when needed.
The villa is designed with an open concept living room...
Property Investor
819 895 €
Apartment in Mexico
203 sq.m333
Online ViewingRemote Transaction
GRAN PENINSULA
The residential complex is located on the shore of the marina. This is the second stage of one of the most popular residential complexes in Puerto Aventuras. The main tenant, the buyer, is an audience with a high level of prosperity. The average monthly rental price for a one-year lease is from $3,500 for a two-bedroom apartment...
Caribbean Club Project
717 638 €
Apartment in Mexico
169 sq.m333
Online ViewingRemote Transaction
A little bit about the city itself.PUERTO AVENTURAS was founded on the Riviera Maya coast more than 35 years ago.
Puerto Aventuras is a small town on the Caribbean coast, which is located 15 km from the city of Playa del Carmen and 80 km from Cancun International Airport and 30 km from Tulum.
Puerto Aventuras is a 350-hectare gated protected...
Caribbean Club Project
584 981 €
Apartment in Mexico
141 sq.m322
Online ViewingRemote TransactionRental property
Extraordinary new residential development in Puerto Aventuras
Navigation, freedom, and adventure define the experience at Marina Aqua, promising an unparalleled seaside lifestyle
Puerto Aventuras An exclusive residential and tourist community in the Mexican Caribbean, just an hour away from Cancun International Airport, located between Playa...
Caribbean Club Project
824 501 €
Penthouse in Mexico
306 sq.m433
Online ViewingRemote Transaction
3 bedroom, 3 bathrooms apartment
For sale By Agent
Puerto Aventuras, Solidaridad, Quintana Roo
CP. 77750
Apartment
Price: $895,000.00 USD
Year of build: 2007
HOA fee: 9000 peso a month.
Area: 306.34 Sq.M. total
Pet Friendly building
The apartment has:
4 sitting areas on the main floor
2 master bedroom with en suite...
Caribbean Club Project
790 415 €
Flat in Mexico
161 sq.m432
Online ViewingRemote Transaction
A little bit about the city itself.
Puerto Aventuras was founded on the Riviera Maya coast more than 35 years ago.
A small town on the Caribbean coast, which is located 15 km from the city of Playa del Carmen and 80 km from Cancun International Airport and 30 km from Tulum.
Puerto Aventuras is a 350 ha gated protected area with its own...
Caribbean Club Project
2 303 075 €
Penthouse in Mexico
520 sq.m558
The apartment is located in the city of Puerto Aventuras.
Puerto Aventuras was founded on the Riviera Maya coast more than 35 years ago.A small town on the Caribbean coast, which is located 15 km from the city of Playa del Carmen and 80 km from Cancun International Airport and 30 km from Tulum.
Puerto Aventuras is a 350-hectare gated...
Caribbean Club Project
511 283 €
Apartment in Mexico
112 sq.m222
Online ViewingRemote TransactionCredit
Puerto Cancun is a new, elite area of the city of Cancun, which is located on the seashore. Enough luxurious residential complexes and villas have already been built on the territory of Puerto Cancun, which never cease to amaze with their luxury, expensive finishes and views from the windows of apartments. This area was loved by a certain...
Caribbean Club Project
847 532 €
Apartment in Mexico
217 sq.m333
Online ViewingRemote Transaction
Puerto Cancun is a new, elite area of the city of Cancun, which is located on the seashore. Enough luxurious residential complexes and villas have already been built on the territory of Puerto Cancun, which never cease to amaze with their luxury, expensive finishes and views from the windows of apartments. This area was loved by a certain...
Caribbean Club Project
268 999 €
House in Mexico
201 sq.m322
Urban Townhouse Retreat in San Cristobal, Merida, Mexico Lot Width: 7.35 m | 24.137 ft Lot Length: 40.4 m | 132.655 ft Living Area: 201 m2 | 2163.645 sq ft Lot Size: 296 m2 | 3186.117 sf Bedrooms: 2 Bathrooms: 2.5 Kitchens: 2 Living Rooms: 2 Price: 4,995,000 MXN (approx. $292,000 USD) Located in the southeast quadrant of Merida’s historic...
This exciting new development is located in Tulum, a natural jewel of the Mexican Caribbean, surrounded by white sand beaches & turquoise waters. This luxury residential complex of 19 villas is conveniently located near the serenity of this Caribbean paradise, mangroves & regional cenotes.
The project is comprised of 19 luxury 1 or 2...
Property Investor
142 646 €
Villa in Mexico
64 sq.m21
Online ViewingRemote TransactionRental property
The Gobal Costa Maya project is a residential complex with a snow—white beach and incredible turquoise of the Caribbean Sea near the resort of Cancun in Mexico!
You can choose from land plots, residential buildings (furnished for an additional fee).
We are at the stage of early sales, now you have a unique opportunity to purchase land plots...
The new residential complex under construction in Puerto Avnturas Puerto Aqua will present new, modern luxury housing on the market.
The residential complex will be built on a plot of 7000 m2, which is located directly on the water.
48 apartments with three and four bedrooms will be located in five four-storey towers. All apartments will...
The apartment has two bedrooms and two full bathrooms.
First floor, view of the pool and the sea channel.
Fully modernised and equipped kitchen with double cupboards, two-chamber new refrigerator, dishwasher. Marble floors, all furniture is custom-made.
The building is located on the shore of the sea canal, in the new part of the city. On...