Lomas Virreyes

Lomas Virreyes · Mexico Federal District

Essentials of Lomas Virreyes

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.

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Understanding the Lomas Virreyes market

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.

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Observed median price

Local guide

Live and invest in Lomas Virreyes

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.

Seasons

Low Season

May 01 – Oct 01

The period from May to September corresponds to the rainy season. Temperatures are particularly high (around 30 degrees) and rains are violent. Besides, September and October are characterized by cyclones.

High Season

Oct 01 – Apr 30

From October to April, this is the dry season: the weather is agreeable, temperatures are around 25 degrees and rains are rare. This is the perfect period to travel to Mexico. However, the evenings can be cooler.

Peak Season

Feb 01 – Apr 30

Between February and April, this is the best period to visit Mexico. Therefore, it corresponds to a large inrush of tourists. Indeed, March is characterized by the American spring break and Mexico is flooded by American students who come for parties. This is the same for the Semana Santa, which takes place at ...

Points of interest

Church of Our Lady of Covadonga (Iglesia Nuestra Señora de Covadonga)

Our Lady of Covadonga is a Catholic church built in a neoclassical style and contrats with the majority of the churches of Mexico, which are characterized by a Baroque architecture. This nice church is a meeting point for visitors who want to enjoy its elegant sobriety, its attractive stained glass windows and its s...

Monument to the Revolution

The Monument to the Revolution was formerly supposed to be the Legislative Palace in the 1910s. This sumptuous building was eventually designed in tribute to the Mexican Revolution and its construction took place between 1933 and 1938. The monument stands out by its massiveness and geometric shape which reminds the ...

Arena México

Arena México is an indoor arena in Mexico City and is mainly used for "Lucha Libre", which is the most popular site to admire shows of Mexican professional wrestling. This venue is the place to see one of the country's most raucous and dramatic sporting events as free-style wrestling became the biggest spectator act...

Around the destination

Discover other markets 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...

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