Buying a house in Cuernavaca has several advantages:

Cuernavaca, a quaint little vacationing colonial town south of Mexico City and now a buoyant residential and commercial hub is conveniently located only 60 minutes away by car from the capital´s southern border. The communication routes are wide, in good condition and safe and include the Mexico-Cuernavaca Express Highway and the Federal Scenic Highway, as Cuernavaca is also an intermediate point to other places with great tourist attractions such as Tepoztlan, Yecapixtla, Tequesquitengo, Taxco and Acapulco.

The warm climate, which is maintained most of the year and its abundance of vegetation are also  among Cuernavaca´s many advantages and it is nicknamed “The City of Eternal Spring” by the locals.

Cuernavaca´s metropolitan area has a population of about 1 million and it is constantly growing. This is mainly due to its weather, a well-developed infrastructure, the proximity to the country´s capital and fewer pollution and crime levels in comparison. In addition, the price of a home in Cuernavaca is much lower compared to the housing options in CDMX, and thus about 85% of Cuernavaca´s real estate is devoted to housing. In Cuernavaca, most of the new housing options have amenities such as a swimming pools, multipurpose palapas, green areas, and some developments even offer water parks, in strict contrast to the capital´s vertical housing.

A very important factor when investing in real estate in Mexico should be the surplus value, that is, the increasing value that the property you bought acquires over time. This is determined depending on different factors such as the area where the property is located, the commercial and pedestrian flow, the prices of nearby properties, the time and quality of the materials, as well as the maintenance and use that you give it. You must take into account that the price and value of a property are different concepts. You may have acquired a property for a price, however, its value may be different from what was initially established and increase over time.This rise in the final value of the property will allow you to obtain an increasingly attractive and useful return on investment. This is especially true in Cuernavaca, where the flow of new house owners, both local and foreign, is an everyday occurence.

By Norma Jáuregui | Casaenlace Bienes raíces