Authored by the expert who managed and guided the team behind the Mexico Property Pack
Yes, the analysis of Mexico City's property market is included in our pack
Where are the best places to invest in Mexico City right now? Is Polanco still the top pick, or are neighborhoods like Roma, Condesa, and Santa Fe gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Mexico City and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
1) San Rafael is gaining interest for its blend of old and new developments, promising strong property appreciation potential
San Rafael is buzzing with a mix of old charm and new developments, making it a hot spot in the property market.
Over the past year, property prices in San Rafael have increased by 6.0%, drawing attention from investors. This growth is fueled by the area's relative affordability, offering a chance for strong capital growth and attractive yields compared to pricier city areas.
The short-term rental scene in San Rafael is booming, with a submarket score of 97/100 on AirDNA. The average occupancy rate for these rentals has jumped by 19% annually, while annual revenue has surged by 27%, highlighting a robust investment potential for rental property enthusiasts.
San Rafael is also seeing a boost from investments in infrastructure and public amenities. The relocation of the San Rafael Transit Center promises to enhance public space, mobility, and connectivity, making the area more appealing to both residents and visitors.
This project is expected to improve safety and comfort, further increasing the area's attractiveness to potential homebuyers and investors. The blend of improved infrastructure and a thriving rental market makes San Rafael a compelling choice for property investment.
Sources: Benoit Properties, Zillow, City of San Rafael
2) Doctores is emerging as a real estate hotspot with new developments and improved safety
Doctores is quickly becoming a hotspot for real estate investors.
In 2022, property prices in Mexico City, including Doctores, saw a significant jump of 9% to 10%, signaling a growing interest in the area. This rise in property values is a clear indicator that Doctores is on the radar for those looking to invest in real estate.
The neighborhood is buzzing with new residential and commercial projects, driven by fresh demand and changing real estate cycles. This isn't just a local trend; it's part of a larger movement where homes outside the Valley of Mexico's metropolitan area are becoming more than just vacation spots. This shift is drawing more people to Doctores, further energizing its real estate market.
Safety improvements are also a big part of Doctores' appeal. While specific crime stats for Doctores aren't available, the overall safer vibe in Mexico City is evident from the increased interest in the area. Local initiatives and media reports often highlight these safety upgrades, making the neighborhood more attractive to potential residents and investors.
Government investment in infrastructure and public services is another key factor. Doctores is benefiting from these improvements, which enhance living conditions and safety. This makes the area even more appealing for real estate investment, as better infrastructure often leads to higher property values.
Real estate investors are taking notice, with domestic demand and the return of foreign buyers pushing house prices up by 9.64% in early 2024. This trend is likely to continue, making Doctores a prime spot for those seeking promising investment opportunities.
Media outlets like Forbes México and Propiedades.com are spotlighting Doctores as an emerging real estate market. This attention boosts the neighborhood's reputation, attracting more interest from potential investors. Increased foot traffic and new business openings reflect this growth, suggesting a vibrant community and a bright future for real estate in Doctores.
Sources: Mexico News Daily, Global Property Guide
We have made this infographic to give you a quick and clear snapshot of the property market in Mexico. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Tlatelolco is gaining attention for its iconic architecture and central location, offering unique investment opportunities
Tlatelolco is gaining attention for its unique architecture and prime location, making it a hot spot for property investment.
In recent years, property values in Tlatelolco have been climbing due to high demand and limited supply. This surge is fueled by Mexico City's reputation as a cultural, financial, and political center, drawing in both local and international investors.
The need for centrally located housing is on the rise, driven by Mexico City's urbanization and population growth. The city's economic expansion and the remote work trend are attracting more international buyers and expatriates. Tlatelolco's iconic architecture is a major attraction, with restoration projects underscoring its historical and cultural significance.
The Mexican government is investing in infrastructure, like better public transportation and road networks, which boosts connectivity in areas like Tlatelolco. These enhancements make the area more appealing to buyers, potentially driving up property values. The media often highlights Tlatelolco's cultural and historical importance, drawing investors interested in unique cultural experiences.
With its central location, Tlatelolco offers easy access to Mexico City's vibrant lifestyle, from bustling markets to cultural landmarks. Investors are particularly drawn to the area's potential for growth, as ongoing developments promise to enhance its appeal further.
As Tlatelolco continues to evolve, its blend of history and modernity makes it a compelling choice for those looking to invest in Mexico City's dynamic real estate market. The area's transformation is a testament to its enduring allure, offering a unique opportunity for savvy investors.
Source: Tomorrow City
4) San Pedro de los Pinos is gaining interest for its quiet residential vibe and rising property values
San Pedro de los Pinos is becoming a hot spot for homebuyers, thanks to its quiet residential vibe and rising property values.
In recent years, the area has seen a steady increase in property prices, driven by a growing demand for homes. This demand is fueled by the neighborhood's peaceful atmosphere, which is a magnet for families and individuals seeking a serene place to live.
Real estate experts have marked San Pedro de los Pinos as a prime growth area. The neighborhood is experiencing high price increases due to new luxury housing projects and interest from international buyers. Its low crime rates make it a safe and attractive choice for potential residents.
Another perk is its proximity to major business districts and transportation hubs, offering easy commutes and access to amenities. This convenience adds to its appeal, especially for those working in the city.
Urban development projects are also boosting property values by enhancing local infrastructure and public transport. The influx of new residents highlights its growing reputation as a desirable place to live.
Compared to neighboring areas, San Pedro de los Pinos offers better value for money, combining affordability with a range of amenities that make it a smart investment.
Sources: Properstar, Global Property Guide
5) Tacubaya is gaining attention with urban renewal projects improving infrastructure and boosting property values
Tacubaya is buzzing with change thanks to urban renewal projects that are reshaping its landscape.
These projects are part of the Tacubaya Strategic Plan, aiming to breathe new life into the area with fresh community hubs like Lira Park and Charles De Gaulle Square. Road infrastructure is getting a major upgrade to ease traffic and improve mobility, thanks to the System of Action for Cooperation of the Tacubaya Zone.
In recent years, property prices in Mexico City have been climbing, and Tacubaya is likely riding this wave of growth. The area is a hot spot for real estate, fueled by the rise of remote work and digital nomadism, which are drawing in international buyers and expatriates.
The government's push to enhance public transportation and road networks is making Tacubaya more accessible. This improved connectivity is a magnet for potential buyers, further driving up property values.
Media outlets are buzzing about Tacubaya's transformation, and real estate agents are echoing the excitement. The spotlight on Tacubaya is growing, reflecting its rising appeal.
With these developments, Tacubaya is becoming a prime location for those looking to invest in property. The area's infrastructure and community enhancements are key factors in its increasing desirability.
Source: UrbanNext
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6) Mixcoac is gaining attention for its mix of residential and commercial spaces, appealing to families and businesses
Mixcoac is on the rise thanks to its unique mix of residential and commercial spaces that attract both families and businesses.
In recent years, property values in Mixcoac have been climbing, driven by the demand for spaces that combine living and working environments. By June 2024, the average monthly rental price in Mexico City hit MX$620 per square meter, showing a strong market for both residential and commercial properties.
The area is buzzing with new developments. By the end of 2024, five new shopping malls covering over 150,000 square meters are expected to open. This boom is thanks to more consumer traffic and new brands entering the scene, making Mixcoac a hot spot for businesses.
Mixcoac's charm also lies in its growing demand for mixed-use spaces. These developments, which blend residential, commercial, and civic uses, promote community and socialization. This model has been successful in other cities, like Toronto's Mirvish Village, which features rental apartments, a public market, and small-unit retail.
Families and businesses are drawn to Mixcoac because it offers a lifestyle that combines convenience and community. The area is becoming a vibrant hub where people can live, work, and socialize, making it an attractive choice for many.
As more people discover Mixcoac's potential, the neighborhood is set to become even more dynamic. With its strategic location and diverse offerings, Mixcoac is poised for continued growth in the coming years.
Sources: World Population Review, Wikipedia, Mexico Business News
7) Escandón is gaining popularity for its vibrant community and growing number of modern apartment complexes
Escandón is quickly becoming a hotspot for those looking to invest in Mexico City real estate.
With its vibrant community and modern apartment complexes, Escandón is drawing attention from potential buyers. The area is buzzing with new developments like the Departamento Escandón, which boasts amenities such as Wi-Fi, a flat-screen TV, and a fully equipped kitchen. These modern homes are conveniently located near popular spots like the Mercado De La Escandón and WTC Mexico City, making them even more appealing.
Escandón is not just about buildings; it's about the people. The neighborhood is attracting a younger, more affluent crowd, including middle-class families and young professionals. They're finding Escandón to be a more affordable alternative to pricier areas like Condesa and Roma, which is adding to the area's lively atmosphere.
As more people move in, the community is becoming even more dynamic. This demographic shift is creating a vibrant lifestyle that blends the old with the new, making Escandón a unique place to live. The influx of new residents is also driving up property values, which is great news for investors.
For those considering a move, Escandón offers a mix of modern living and cultural richness. The neighborhood's growth is fueled by its strategic location and the increasing number of amenities, making it a smart choice for buyers looking for both convenience and community.
With property prices on the rise, Escandón is becoming a prime investment opportunity in Mexico City. The combination of new developments and a vibrant community makes it an attractive option for anyone looking to buy property in the area.
Sources: Mexico News Daily, Top Mexico City Hotels, Mike's Notes
8) Portales is gaining attention for its low property prices and proximity to major transport links, attracting budget-conscious buyers
Portales is catching the eye of budget-conscious buyers due to its relatively low property prices.
In 2023 and 2024, the average apartment price in Mexico City hovered around US$202,000, which is quite steep compared to more affordable neighborhoods like Portales. This makes Portales a smart choice for those wanting to buy property without emptying their wallets. The area offers a chance to own a home in a vibrant city without the hefty price tag.
One of the biggest perks of living in Portales is its proximity to major transport links. The Mexico City Metro Line 2 runs through the area, connecting various parts of the city and making daily commutes a breeze. For residents who depend on public transit, this accessibility is a game-changer, adding to the neighborhood's appeal.
Mexico's residential real estate market is on the rise, with a noticeable increase in demand for housing. In 2024, the average home price in Mexico City was about MXN 2.9 million (USD 148,000). This trend highlights a growing interest in more affordable neighborhoods like Portales, which is becoming a popular choice for both new residents and investors.
Portales offers a unique blend of affordability and convenience, making it a practical option for those looking to settle in Mexico City. The neighborhood's charm lies in its ability to provide a comfortable living environment without the financial strain often associated with city living.
With its strategic location and budget-friendly property prices, Portales is increasingly seen as a viable option for those seeking a balance between cost and convenience in Mexico City.
Sources: Global Property Guide, Wikipedia, Mordor Intelligence
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.