Tijuana

Tijuana, a real estate market on the rise

The interest of buying and renting in Tijuana is increasing

Mexico is currently in the middle of a real estate boom with the construction of building complexes that are part of different areas of commerce, entertainment, shopping and recreation. According to the Softec consulting firm, Tijuana is among the 10 Mexican cities with the largest real estate offer, alongside Merida, Leon, Hermosillo, Toluca, Cancun, Puebla, Monterrey, Queretaro and Guadalajara.

In 2018, the Real Estate Developers Association (ADI) estimates that the total investment of current projects that are being developed in the country will generatemore than 21 billion dollars. Tijuana plays a more important role every time, attracting these kind of these investments. In 2017, the border city’s real estate industry grew 21% compared to 2016.

The demand for more living, office and shopping center spaces paints a positive picture for Tijuana’s real estate sector. In 2017, the real estate sector grew 21% compared to 2016. Along with this trend, the number of real estate offices has grown, among these stands out Coldwell Banker, the leading real estate brokerage agency. Today, it has corporate presence in 52 countries and 89 offices around Mexico, from Tijuana, Baja California, to Cancun, Quintana Roo.

The forecast continues with the positive trends that started in 2013, after having overcome the crisis following the collapse of the U.S. real estate market. The Mexican Association of Real Estate Professionals (AMPI) predicts at least 12% growth in the border city for 2018.

Currently, more than.... Continue reading article here

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