Santa Fe, situated in the west part of the capital on the rolling hills, is one of Mexico City's major business districts. Within 30 years, the massive landfill at the edge of Mexico city turned into one of the most important districts in terms of finance and corporate offices. World companies, prestigious schools and high-end universities are located in Santa Fe, which is part of the delegations of Cuajimalpa and Alvaro Obregon. This metropolitan area is one of the most modern districts, that grew upwards, in a posh "American-style": manicured collection of hypermodern mirrored glass and steel towers with luxury condos as well as giant malls are basic standards in Santa Fe.
House | |
Surface type (Av.): | m2 |
Min price (Av.): | $1,300,000 |
Med price (Av.): | $0 |
Max price (Av.): | $0 |
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.
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.