Real estate gains increase in Quintana Roo due to infrastructure works

Quintana Roo’s real estate capital gains have increased from 5% to 8% due to the urban infrastructure works being carried out in the state, said Ignacio Lacunza Magaña, president of the Mexican Association of Real Estate Professionals (AMPI). Projects that have helped increase property values include:

1. Nichupte Bridge

2. Remodeling of Luis Donaldo Colosio Boulevard

3. Mayan Train

4. Tulum Airport

Some of these works are still in progress and once they are in operation, greater growth is expected for all sectors of Q.R. The Federal Mortgage Society (SHF) Index placed Quintana Roo in the first place in the increase in housing prices nationwide during 2021, by showing 12.1% in its annual variation compared to 2020 and that same position was maintained for the following year, according to SHF.

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These periods coincide with the arrival of Covid-19 in Mexico and after the drop in infections at the national level, the entity located in the Yucatan peninsula remained ranked as the best in the surplus value index, according to the state College of Appraisers. . One of the reasons why real estate capital gains in Quintana Roo has grown is the interest of investors in the Tulum area. On this site you can find tourist corridors, extreme attractions, gastronomy, among other activities that promote the construction of residences and hotel complexes.

AMPI will work with the Government to maintain real estate gains in Quintana Roo

The president of AMPI pointed out that they work with the Chamber of Deputies and Senators, as well as with local congresses to reform the real estate law and give legal certainty to Real Estate actors. “Here in Quintana Roo, more than 10,000 real estate advisers have reported to us and many of them are not regulated, do not pay taxes, are not registered with the SAT and we are working on said reforms,” said Ignacio Lacunza. One of the key points for AMPI is the creation of a list of all real estate agents in the country that is planned to be implemented within the institute’s own page so that everyone can review and be sure that they are dealing with professionals from the real estate industry.

Source: Inmobiliare

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