The managing partner of Softec, Gene Towle, points out that beach destinations will continue to increase their demand, with Mazatlán and Puerto Vallarta being the main places to invest.
MAZATLAN. – The real estate trend in Mexico to invest in 2023 is beach destinations and one of them is Mazatlán, as expressed by Gene Towle, managing partner of Softec, one of the largest real estate consulting companies in Mexico.
Gene Towle explained that, in Mexico, destinations such as Puerto Vallarta, Jalisco, the Riviera Nayarit, and Mazatlán, are ideal for investment, due to their way of retaking the importance of each destination and betting on its development.
“Mazatlán is a market that we are not mentioning right now, but it is a market that has reinvented itself in a spectacular way, Mazatlán is very cool… I would tell you that, for rent, I would tell you that beach places will continue to be in high demand”, declared.
In an interview for Mundo Inmobiliario, with Luis Ramírez, he explained that these beach destinations are recovering, known as “traditional beach destinations”, above the Integrally Planned Centers.
Towle pointed out that this 2022, real estate behavior is returning to a “normal market”, where the one who buys is the end user, but not the investor, that is, people buying goods for themselves.
“Reynosa (Tamaulipas), is very run down, but still has industrial investment; Monterrey (Nuevo León), continues to be a great market, certain places in Mexico City, in the northwestern zone we have good growth”, he said.
The real estate consultant expressed that areas in the State of Mexico, such as Bosque Real, are in demand, but without a doubt, he repeated, beach destinations are coming with force.
Let us remember that, in Mazatlan, the real estate “boom” has occurred since the construction of the Mazatlán-Durango super highway, but it was not until the Tianguis Turístico that this growth gained strength.
Only from November 2018 to December 2020, about 150 real estate projects were launched, with an investment of close to 18 billion pesos.
From November 2018 to December 2020, 18 thousand 238.5 million pesos were invested in 98 projects, among which apartments and hotels in Sinaloa stand out, according to data from the municipality.