Polanco is an urban upscale district in the borough of Miguel Hidalgo, situated north of Chapultepec Park. Often called the "Beverly Hills of Mexico City", this wealthy neighbourhood became an exclusive place due to its posh commercial centers and its high-end hotels, along with famous museums and world-class restaurants such as Luis Vuitton, Gucci or even Hermès. This dynamic place welcomes the elite population of Mexico City and offers a high quality of life in an attractive and fashionable environment.
Maison | |
Type de surface (env.~): | m2 |
Prix min (env.~): | $1 200 000 |
Prix moyen (env.~): | $0 |
Prix max (env.~): | $4 000 000 |
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.