Latin America’s second-most costly neighborhood is in Mexico

A bunch of three actual property companies launched their newest report on Latin America’s costliest neighborhoods, and three Mexican neighborhoods are within the prime 10.  

Compiled by actual property companies Properati, Lamudi and Trovit, the report affords necessary takeaways on the true property market across the area.

The record ranked Monterrey’s Del Valle as Mexico’s costliest neighborhood – coming in second in Latin America. (Monica Garza/Shutterstock)

Which international locations had been included within the survey?

 The report analyzed knowledge from Argentina, Mexico, Brazil, Uruguay, Chile, Colombia, Guatemala, Costa Rica, Panamá, Perú, Paraguay, Venezuela and Uruguay.

Out of the 13 international locations analyzed, the highest 10 costliest neighborhoods are present in 5 completely different international locations: Argentina, Mexico, Brazil, Uruguay and Chile.

How had been housing prices measured?

Buenos Aires’ Puerto Madero neighborhood ranks as Latin America’s costliest. (En Viaje)

The evaluation measured the common worth per sq. meter of housing in 26 upper-class neighborhoods of the 13 international locations.  

Which Mexican neighborhoods are on the record?

Del Valle in Monterrey is the most costly neighborhood in Mexico and the second-most costly in Latin America. It’s adopted by Puerta de Hierro in Guadalajara, which got here in at No. 9 and Bosques de las Lomas in Mexico Metropolis, which rounded out the highest 10. 

Lomas de Angelópolis in Puebla got here in at No. 17. 

Colombia and Mexico had been the one Latin American international locations with greater than three neighborhoods included within the rating.  

The fashionable Lomas de Angelópolis district in Puebla additionally made the highest 10. (Ufara)

How do the rankings evaluate to final 12 months?

Puerto Madero in Argentina as soon as once more secured the highest spot after it ranked No. 1 in 2022. 

In the meantime, Ipanema in Brazil, which got here in second final 12 months, dropped one place to present option to Del Valle in Monterrey, which had beforehand ranked at No. 4 in 2022. 

Puerta de Hierro in Guadalajara fell two spots from No. 7 final 12 months, whereas Bosques de las Lomas in Mexico Metropolis additionally dropped from the eighth spot in 2022.  

What’s the value per sq. meter of the highest three neighborhoods on the record?

In accordance with the report, the price of shopping for a two or three-bedroom residence in Puerto Madero, Buenos Aires is roughly US $5,845 per sq. meter. In Del Valle, Monterrey, the common worth per sq. meter is US $4,071, whereas Ipanema experiences a mean of US $4,008 per sq. meter.

With experiences from El Economista

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