Collateral effect of the “Tren Maya”: Million dollar investment in real estate development

Collateral effect of the “Tren Maya”: Million dollar investment in real estate development

Constant changes continue to be the order of the day, the Covid-19 pandemic has left a drop in the flow of tourists, however the popularity of the Riviera Maya has increased by 41%, had a considerable impact on the real estate sector, estimates that 2020 left a 6% growth in residential demand in Tabasco, Campeche, Yucatán and Quintana Roo, this due largely to the start-up of the “Tren Maya” macro-projects, the opening of Dos Bocas and the expansion of Puerto Progreso investment for residential, corporate and commercial development has a long-term projection.

Specifically, on the impact of the Tren Maya, the Federal Government presented in Playa del Carmen a report that mentions that around 10 billion pesos will be invested and about 80 thousand jobs will be generated during the construction that will take two years, it was also highlighted that will celebrate the deed of 3,400 homes that are currently irregular.

Roberto Kelleher CEO of Inmobilia, one of the main development companies in the country, in an interview with El Financiero newspaper, commented the following:

“We welcome all the investment that is being madeAbove all, in the Tren Maya, we are very united both with Fonatur as of the different players to see the optionswithin this project.”

The official design has divided the route into three sections – Selva, Golfo and Caribe – which will have 18 stops in five states: Campeche, Chiapas, Tabasco, Quintana Roo and Yucatán, 1,525 kilometers of construction, many in favor and others in complete disagreement…

What do you think of what 2021 holds for us on this controversial topic?

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