Real Estate Market in Oaxaca

Dolores Pérez Islas
Ceo SILMÉXICO
Business -Consulting -Investment
dolores@silmexico.com
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Oaxaca increased 49% in its real estate demand in the first quarter of 2021 versus the first quarter of 2020, occupying the 13th position at the national level in the ranking of the states with the highest growth in demand for residential, commercial, industrial, office properties.

According to figures from the real estate platform Lamudi, the online real estate OFFER in Oaxaca is distributed as shown in the graph.

The type of operation with the highest demand in Oaxaca is Residential (47.7%), Land (37.6%) followed by commercial.

In the residential subsector, supply is divided into house sales (84.6%), house rentals (15.4%), apartment sales (62.1%) and apartment rentals (37.9%).

Regarding the digital DEMAND for the sale and rental of properties in Oaxaca, Oaxaca ranks 19th nationally in these operations.

In sales and rental operations, online real estate demand is distributed in this way in Oaxaca.

Where the Residential (58.8%), Land (33.9%) and Commercial (4.8%) operations stand out.

The panorama that the Lamudi platform shows us at the beginning of 2022 was one of growth in real estate transactions, although the trend continues to rise due to the strength that Oaxaca has taken as one of the most important tourist destinations in the world.

Added to this, the presence of sustainable and modern local and foreign investment that has raised the standards of real estate projects in Oaxaca such as the construction of Biya-ná in Huatulco, a luxury building with condominiums that have a view and proximity to one of the most beautiful bays in Mexico.

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By SILMEXICO

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