Mérida, the capital city of the Mexican state of Yucatan, is a colonial treasure that is positioned as one of the best cities to live in Mexico. It has an excellent quality of life and counts with access to services such as schools, universities, quality medical services, shopping centers, and recreational and cultural offers.
La Rejoyada, SIMCA’s first development in Mérida revolutionized the housing market, not only for its location, design and amenities, but also the yields it generated for SIMCA’s customers.
1995 average lot purchase price: approx.. $11,217 USD
2020 average lot sales price: approx. $24788 USD
Current opportunities in Mérida:
Blanca—lots from approx $24K USD in a neighborhood designed for young families
Compostela—lots from approx $135K USD in Merida’s most exclusive 74-lot residential neighborhood
Provincia— 8 private clusters of residential lots prices from approx. $59K to $78K USD, built around a golf course