The Mexican Bajio area has become the new industrial heartland of our country and is steadily advancing towards becoming the manufacturing center of Latin America. Installation of plants in the automotive, aerospace and food industries, among others, has led to an increased demand for housing in the area.
At least in Queretaro, from February until today, every month they have been placing about 140 vertical residential apartments, each which have an average price of $1.3 million dollars, according to information from the National Chamber of Developers and Housing Developers (CANADEVI).
Today, the state has 19 vertical residential housing projects, of which five are under construction and together have an economic impact of $7 billion pesos.
On the other hand, over the years, San Miguel de Allende has been consolidated as a haven for baby boomers looking for communities with a friendly climate and welcoming environments to fully enjoy this stage of life.
In 2014, the municipality of San Miguel de Allende had 160,000 inhabitants, 13,000 (8.12%) were of foreign origin, mainly from Canada and the United States, as well as some Italian, Swiss, English, French, among others. For the most part they are retired.
This panorama opened the doors to an unprecedented investment of $40 million (generating approximately 370 direct jobs) in the construction of 400 luxury apartments that will be offered to retired affluent Americans.
So do not think twice and decide to plan your future in one of these wonderful cities of Mexico. MEXLend Mortgages reminds you that mortgage loans are available in San Miguel de Allende and Queretaro. Contact Us.
