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Lomas Virreyes

Mexico - Mexico Federal District


Lomas Virreyes - Mexico Federal District

Lomas Virreyes is situated  situated north of Chapultepec Park, on the East side of Mexico City. Renowned to be one of the most expensive district of the city, Lomas Virreyes welcomes high end properties and luxury buildings in a residential area. This absolute district provides all the elements to enjoy a high quality of life in a posh environment: gyms, pools, business centers, cinemas, sky lounges. This area has one of the largest urban parks in America, "Bosque de Chapultepec" and has many corporate offices.  In recent years, the elegant neighbourhood has welcomed a new population, even more well-off.

Surface type (Av.): m2
Min price (Av.): $1,000,000
Med price (Av.): $0
Max price (Av.): $1,500,000
Market overview

Investing in Mexico City is a true advantage as prices are very competitive. However, the housing market is gradually opening up and therefore prices  have recently risen due to an increase of the demand regarding the luxury market. The city of Mexico offers exclusive neighbourhoods characterized by luxury properties at more expensive prices compared to the rest of the country. Besides, the real-estate market is in an exponential growth as the Mexican government gradually softens the legal rules for foreign investors.

Buying basics

If you are interested in investing in Mexico, it is recommended to contact a real-estate agency that will help you and provide you the good information regarding the market and the administrative procedure as corruption is still significant. A lawyer will formalize the housing contract. If the real-estate investment deals with a property located in a 100km-radius from a frontiere or in a 50km-radius from beaches, there are various conditions to respect and especially using a fideicomiso procedure.

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Mexico Federal District
Discover Hotspots in Mexico Federal District

Mexico City, the capital of Mexico, is situated on a plateau, in the valley of Mexico. This city was built in 1325 by the Aztec people on the Texcoco Lake and was formerly called Tenochtitlan. It was then conquered by the Spanish in 1521 and it acquired its current name when the country became independent in 1824. After New York and Tokyo, it is the third city the most populated in the world with more than 8 million inhabitants.The city is surrounded by the Sierra de Guadalupe in the North, the Sierra Ajusco in the South and the Sierra de Las Cruces in the Southeast. It is also close to two volcanos: Popcatepetl and Iztaccihuatln. This fascinating and giant place has countless possibilities to seduce foreign ...

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