Maya train triggers real estate investment in the region

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While the Cancun airport or the expansion of Puerto Progreso promotes the development of residential, offices, and commercial properties.

The Mayan Train triggered an investment of about 8,900 million pesos, for real estate developers that took advantage of the growth in demand in the residential market in Quintana Roo, Yucatán, Campeche, and Tabasco to build projects that started this year and will continue in 2021.

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Specialists on the subject indicate large projects such as the train, the Cancun airport, Quintana Roo, or the expansion of Puerto Progreso, in Yucatán, among others, also promote the development of the residential, office, and commercial sectors.

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While the Association of Real Estate Developers (ADI) in Quintana Roo, highlights that in addition to the Mayan Train, the construction of the New Dos Bocas Refinery, in Tabasco, has triggered the development of new housing and hotel projects in the southeast.

Other experts add that in Mérida, Yucatán, there is a very large supply in the housing matter and it lacked much in the corporate, office, or industrial issue. In this sense, companies like Lamudi explain that in the southeast, the demand from the residential sector grew 6% annually.

While the sale of land rose 3%; However, entities such as Quintana Roo suffered the impact of COVID-19 in the placement of mortgage loans. In 2019, more than 26,000 credit applications were registered, while so far this year there are only about 13,000, according to El Financiero.

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The National Tourism Fund (Fonatur) presented through its website www.trenmaya.gob.mx. the design that the stations and stops of the Mayan Train will have as it passes through the five states of southeastern Mexico where 19 stations and 12 stops are located.

The models, which are non-definitive conceptual projects, make it clear that the intention is for the stations to resemble Mayan architecture.

In the models, Mayan architecture is preserved, with limestone in its columns and tropical wood finishes.

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This project with a length of approximately 1,525 km, in the southern and southeastern region of the country, crosses the states of Chiapas, Tabasco, Campeche, Yucatán, and Quintana Roo, contemplating having 15 of the more than 50 stations built by next 2023 .S

The train would once again promote tourism in this region of the country, in addition to contributing as a lever for national development by once again becoming a means of transport and in the same way, a means for cargo logistics to and for the Peninsula of Yucatán, the Southeast with the rest of the country.

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Source: realestatemarket.com.mx

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