The state of Yucatán is experiencing a significant shift towards vertical housing, with a remarkable 30% increase in demand over recent years. According to the National Chamber of the Housing Industry, this trend has become a key feature of the local real estate market.
Mérida has emerged as one of the most attractive destinations for those migrating from other parts of Mexico. This influx of new residents has led to a growing need for affordable housing options, with nearly 25% of homes purchased by individuals from outside Yucatán.
The demand for vertical housing is driven by several factors. Firstly, it offers an economic solution for many people who cannot afford the high costs associated with buying a standalone home and land. While prices can range up to $1.5 million, this option provides a more accessible alternative.
Furthermore, vertical housing has numerous environmental benefits. By reducing urban sprawl and minimizing deforestation, these developments help preserve natural resources while also providing a sustainable solution for housing needs.
In summary, the trend towards vertical housing in Yucatán is a response to changing demographics, economic factors, and environmental concerns. As the demand continues to grow, it is likely that this trend will shape the future of real estate development in the region.
Source: Por Esto
