MERIDA, Mexico, Oct. 14, 2011 /PRNewswire/ -- "The demand for rentals in Merida, Mexico has never been stronger!" remarks LeAnn Roberts, Property Management Specialist with Mexico International Real Estate.
"A smart way to realize the dream of moving to Merida is to invest now and use the property as an income-producing rental until you are ready to make the full-time move," suggests Mrs. Roberts.
LeAnn has witnessed an explosion of demand for nice rental homes in Merida's charming Centro Historic District. "Currently, we just don't have enough inventory of long-term rentals to meet the demand. There are many Europeans, Canadians and Americans looking for long-term rentals to occupy while they either shop for a home of their own or because they are waiting for the markets to improve in the USA, so they can sell their homes and then invest in Merida. Many of our current clients just bit the bullet on their homes in the North, took the loss and are here in Merida to start fresh."
"This is a classic case of opportunity meets necessity. Many young income earners from the USA, Canada and Europe understand the advantages of investing in Merida now," says Roberts. "Buying something now and utilizing it as an income property is a good strategy for entering this marketplace."
While Acapulco, Puerto Vallarta, Cancun, Cozumel, San Miguel, Guadalajara, Baja and other popular Mexican resorts and cities have attracted expats for years, Merida has remained mostly unknown to the global expat community. Merida blipped onto the radar screen in just the last decade. International Living discovered Merida in the 90's and started a surge of expat interest.
The International Herald and New York Times have written extensively about the joys of Merida, including articles by dining and wine writer Mark Bittman, travel writer Kate Murray and travel writer Alice DuBois.
Merida has graced the pages of Travel+Leisure, Fortune and Kiplinger magazines.
Conde Nast Traveler 2011 Readers' Choice Awards awarded Merida one of the top 3 cities to live in Mexico.
HGTV's International Home hunters has featured Merida several times:
But isn't Mexico dangerous?
According to study after study, statistical information, personal experiences and numerous articles, Merida is much, much safer than nearly any comparable US city. In fact, USA Today recently reported that the violent crime rate for the State of Yucatan in 2010 was less than Montana's!
Location, Location, Location
Merida finds itself in a splendid geographical location - tropical and just about 25 miles from the Gulf of Mexico's Turquoise Coast. Yes, it does get hot but it usually always cools off nicely in the evenings thanks to the breeze from the trade winds streaming off the Gulf. The winters are fabulous and the evenings from November - February can be chilly.
Mexico International's YouTube page has numerous videos of Merida's splendid homes, parks, neighborhoods, hospitals, dentist, doctors, restaurants and more. Senior Agent Arturo Novelo just released a great new video:
For more information on life in Merida, please click on:
SOURCE Mexico International Real Estate