Buying Property In Mexico 2017 May 2026
Puerto Vallarta saw its fastest-growing year for condo sales to date in 2017, with a 30% increase in total properties sold compared to previous years.
In Mexico City, the September 19, 2017 earthquake caused a temporary shift in the market, with price discounts increasing for properties in high-risk seismic zones as buyers became more risk-aware. Legal & Safety Landscape for 2017 buying property in mexico 2017
Buying Property & Real Estate in Mexico - International Living Puerto Vallarta saw its fastest-growing year for condo
In 2017, Mexico's real estate market was characterized by a "boom" phase, particularly in infrastructure development and foreign investment. While the year began with some macroeconomic uncertainty regarding interest rates and a weaker peso, these factors actually created a favorable environment for foreign buyers using stronger currencies like the U.S. dollar. While the year began with some macroeconomic uncertainty
A major trend was the move from simple "buy-and-sell" asset plays to long-term income generation. Investors increasingly sought properties in mixed-use developments (combining residential with retail) and vacation rentals.
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