Merida, the vibrant and cultural capital of the Yucatan Peninsula, offers a variety of properties for those looking to make this beautiful city their home. One of the most sought-after types of properties in Merida is residential homes.
These charming homes come in all shapes and sizes, from historic colonial mansions with colorful facades to modern condos with sleek designs. Many residential homes in Merida feature traditional elements such as high ceilings, wooden beams, and lush courtyards that create a sense of tranquility and relaxation.
One of the reasons why residential homes are so popular in Merida is the city's rich history and unique architecture. Walking through the streets of Merida, you can see a mix of Mayan, Spanish, and French influences that give each home its own distinct character.
In addition to their aesthetic appeal, residential homes in Merida offer a comfortable and convenient lifestyle for residents. Many properties are located within walking distance to local markets, restaurants, and cultural attractions, making it easy to immerse yourself in the vibrant community.
Whether you're looking for a cozy bungalow or a spacious estate, there is a residential home in Merida that will suit your needs and preferences. With its warm climate, friendly locals, and abundance of amenities, it's no wonder why so many people choose to call Merida home.
Real Estate Market in Merida, MX
When it comes to finding a place to live in Merida, there are plenty of options to choose from. One popular choice for many residents are condos and apartments. These types of properties offer a convenient and comfortable living space for individuals or families looking for a low-maintenance lifestyle.
Condos in Merida often come with amenities such as swimming pools, gym facilities, and 24-hour security. They are typically located in gated communities or high-rise buildings, providing residents with a sense of security and community. Condos also tend to have less maintenance compared to owning a house, making them an attractive option for busy professionals or retirees.
Apartments in Merida can vary in size and style, ranging from cozy studios to spacious penthouses. They are often located in the heart of the city, offering easy access to restaurants, shopping centers, and entertainment venues. Apartments typically have shared amenities like parking spaces, elevators, and common areas for residents to enjoy.
Whether you prefer the convenience of a condo or the urban lifestyle of an apartment, both options provide a comfortable and modern living experience in Merida. With various properties available throughout the city, you are sure to find the perfect place that fits your needs and budget.
Merida, the center of Yucatán, is quickly becoming one of the fastest-growing real estate markets in Mexico. With its captivating colonial charm, modern infrastructure, and a increasing influx of international and domestic buyers, the city presents valuable investment opportunities. At TrustFirst Merida Real Estate, we pride ourselves in being the leading Realtors in Merida, Mexico, providing exceptional expertise, comprehensive market insights, and a client-first approach to help you find your dream home.
The real estate market in Merida has experienced a steady growth in demand, with home prices rising by an estimated 8% to 12% annually. Investors and homebuyers as well are attracted to the city due to its affordable cost of living, high safety ratings, and cultural appeal. Unlike many popular cities in Mexico, Merida offers a balance between historic elegance and modern convenience, making it an ideal place for expats, and real estate enthusiasts.
As experienced Realtors in Merida, Mexico, we know the nuances of the regional market and can guide you through each phase of the purchase or selling process.
Understanding the real estate market demands precise, up-to-date information. At TrustFirst Merida Real Estate, we utilize market analytics, comparative price studies, and insider expertise to provide informed real estate advice.
Every buyer has unique needs, and we customize our services accordingly. From identifying high-value locations to handling documents, our dedicated real estate advisors ensure a hassle-free buying experience.
Many of the best properties in Merida are not publicly listed. Through our vast connections of property owners, developers, and real estate professionals, we provide VIP entry to hidden listings.
Whether you're purchasing, selling, or seeking opportunities in Merida real estate, TrustFirst Merida Real Estate is your go-to advisor. Our team of experienced property experts is dedicated to ensuring you achieve your property goals.
📞 Contact us today to book a complimentary consultation and begin exploring with the leading Real Estate Agents in Merida, Mexico!
Mérida, a rapidly growing city in southeastern Mexico, has gained recognition as a prime destination for international property investment.
Offering a blend of traditional and modern living, expanding expatriate community, and promising long-term investment growth, Mérida provides a wealth of opportunities for investors.
Mérida offers some of the most affordable property prices in Mexico, creating opportunities for both small and large investors.
As more digital nomads and retirees choose Mérida as their home, the demand for both short-term and long-term rentals has surged.
Home prices in Mérida have demonstrated steady long-term growth, creating wealth-building opportunities for savvy buyers.
Non-Mexican buyers cannot directly own property in specific restricted zones, including coastal areas.
To bypass this restriction, foreign buyers use a fideicomiso, giving them control and resale rights over the property.
Unlike coastal cities, Mérida allows direct ownership for foreigners, simplifying the investment process.
A common issue in Mexican real estate involves ejido land, making it risky for foreign buyers.
Featuring restored historic properties, Mérida’s downtown is a hotspot for property appreciation.
Exclusive neighborhoods in northern Mérida offer high-end living, with proximity to shopping centers, hospitals, and schools.
3. Conduct due diligence and verify property titles.
5. Sign a purchase agreement and place a deposit.
With stable property values and a growing economy, making it a lucrative destination for investors.
If you’re considering investing in Mérida, TrustFirst Mérida Real Estate is here to guide you.
At TrustFirst Mérida Real Estate, we specialize in the perfect property.
When it comes to types of properties available in Merida, one style that stands out is the Colonial-style house. These charming homes are a popular choice among buyers looking for a piece of history and traditional architecture.
Colonial-style houses in Merida often feature colorful facades, high ceilings, and beautiful wooden doors and windows. Many of these homes also have inner courtyards or gardens, providing a peaceful oasis in the heart of the city.
One of the defining features of Colonial-style houses is their strong connection to the past. These homes are often found in historic neighborhoods, preserving the rich heritage and architectural legacy of Merida.
Living in a Colonial-style house in Merida offers a unique blend of old-world charm and modern comfort. While many of these homes have been updated with modern amenities, they still retain their original character and charm.
Whether you're looking for a vacation home, investment property, or permanent residence, Colonial-style houses in Merida offer a timeless appeal that is sure to captivate buyers from around the world.
Merida, the charming and picturesque city located in the heart of the Yucatan Peninsula, offers a wide array of properties for those looking to invest in a piece of paradise. One of the most sought-after types of properties in Merida are luxury villas. These stunning homes embody elegance, sophistication, and opulence.
Luxury villas in Merida boast exquisite architecture, impeccable design, and top-of-the-line amenities. From spacious living areas to gourmet kitchens, private pools to lush gardens, these properties are designed to provide the ultimate in comfort and luxury. Many luxury villas also come with features such as stunning views of the city or surrounding countryside, ensuring that residents can enjoy the beauty of their surroundings from the comfort of their own home.
In addition to their stunning design and luxurious amenities, luxury villas in Merida also offer a high level of privacy and security. Gated communities and 24-hour security ensure that residents can enjoy peace of mind knowing that their home is safe and secure at all times.
Whether you are looking for a vacation home, retirement property, or investment opportunity, luxury villas in Merida offer a unique opportunity to experience the best that this vibrant city has to offer. With their unparalleled beauty, exceptional amenities, and prime location, these properties truly represent the pinnacle of luxury living in Merida.
When looking at the types of properties available in Merida, it is important to consider commercial properties such as office spaces and retail stores. These types of properties offer unique opportunities for businesses and investors looking to establish a presence in this vibrant city.
Office spaces in Merida provide a professional environment for businesses to conduct their operations. Whether you are a start-up looking for a small space or a larger corporation needing multiple offices, there are options available to suit your needs. With modern amenities and convenient locations, office spaces in Merida offer a productive work environment for companies of all sizes.
Retail stores in Merida cater to the diverse needs of residents and tourists alike. From boutique shops selling handmade crafts to high-end stores offering luxury goods, there is something for everyone in this bustling city. Retail spaces are highly sought after due to the large number of shoppers who visit Merida each year, making them a prime investment opportunity for entrepreneurs looking to capitalize on consumer demand.
Overall, commercial properties such as office spaces and retail stores play a crucial role in the economic growth and development of Merida. By providing businesses with the space they need to thrive and attracting customers with diverse shopping options, these properties contribute to the vibrancy and success of this dynamic city. Whether you are looking to set up a new business or expand an existing one, commercial properties in Merida offer endless possibilities for growth and prosperity.
When looking for properties in Merida, one of the options to consider is land for development or agriculture. This type of property can offer a range of opportunities for those looking to invest or settle in the area.
Land for development in Merida can be an attractive option for those interested in building residential or commercial projects. With the city experiencing growth and development, there are plenty of opportunities to create new spaces that can cater to the needs of the community. Whether it's constructing a new housing development, retail center, or office complex, there is no shortage of possibilities when it comes to developing land in Merida.
On the other hand, land for agriculture can be a great investment for those looking to start a farm or grow crops. With its fertile soil and favorable climate, Merida offers ideal conditions for agriculture. Whether you're interested in cultivating fruits and vegetables, raising livestock, or establishing a vineyard, there are plenty of opportunities to make use of agricultural land in the area.
Overall, land for development or agriculture in Merida presents an exciting opportunity for investors and individuals looking to make their mark on the city. With its growing economy and vibrant community, there has never been a better time to explore the possibilities that this type of property can offer. Whether you're looking to build something new or cultivate something old, land in Merida has something for everyone.
Planning a vacation to Merida, Mexico? Consider booking a vacation rental for your stay. Vacation rentals in Merida offer a unique and authentic experience, allowing you to immerse yourself in the local culture while enjoying the comforts of home.
There are various types of properties available for rent in Merida, catering to different preferences and group sizes. From cozy apartments in the heart of the city to spacious villas with private pools on the outskirts, there is something for everyone.
For those looking for a more intimate setting, consider renting a charming casita or studio apartment. These smaller properties are perfect for solo travelers or couples looking for a cozy retreat. They often feature traditional Mexican architecture and decor, giving you a taste of local living.
If you're traveling with family or a larger group, consider renting a spacious villa or hacienda. These properties typically offer multiple bedrooms, bathrooms, and living areas, making them ideal for groups looking to spread out and relax together. Many villas also come with amenities such as private pools, gardens, and outdoor dining spaces.
No matter what type of property you choose, staying in a vacation rental in Merida allows you to live like a local while exploring all that this vibrant city has to offer. So why not skip the standard hotel room and opt for a vacation rental on your next trip to Merida? It's sure to be an unforgettable experience!
When looking for properties in Merida, there are a variety of options to choose from, including gated communities with amenities. These neighborhoods offer a sense of security and exclusivity, with controlled access points and often private security patrols.
Gated communities in Merida typically feature a range of amenities for residents to enjoy, such as swimming pools, tennis courts, fitness centers, and playgrounds. These perks make it easy for homeowners to stay active and socialize without ever having to leave the comfort of their own neighborhood.
One of the key advantages of living in a gated community in Merida is the peace of mind that comes with knowing your family is safe. With restricted entry points and 24/7 security monitoring, residents can feel secure in their homes and enjoy a greater sense of privacy.
In addition to safety and convenience, gated communities in Merida also offer a strong sense of community. Residents often come together for events and activities organized by homeowner associations, fostering relationships and creating a tight-knit neighborhood atmosphere.
Whether you're looking for a luxurious villa or a cozy townhouse, gated communities with amenities are a popular choice for those seeking an upscale lifestyle in Merida. With their combination of security, convenience, and community spirit, these properties offer an appealing option for anyone looking to invest in real estate in this vibrant city.
Coordinates: 20°58′N 89°37′W / 20.967°N 89.617°W / 20.967; -89.617CountryMexicoStateYucatánMunicipalityMéridaCity foundedJanuary 6, 1542Government
• Mayor Cecilia Patrón Laviada (2024–2027) (PAN)Elevation
10 m (30 ft)Population
1,210,000 (Metro) • Rank34th in North America 12th in MexicoDemonymMeridianoGDP (PPP, constant 2015 values)
• Year2023 • Total$26.1 billion[2] • Per capita$21,400Time zoneUTC−6 (CST)Postal code
Area code999Major airportMérida International AirportIATA CodeMIDICAO CodeMMMDINEGI Code310500001[3]ClimateAw
Mérida ( Spanish pronunciation: [ˈmeɾiða] ⓘ, Yucatec Maya: Joꞌ)[4] is the capital of the Mexican state of Yucatán, and the largest city in southeastern Mexico. The city is also the seat of the eponymous municipality. It is located slightly inland from the northwest corner of the Yucatán Peninsula, about 35 km (22 mi) inland from the coast of the Gulf of Mexico. In 2020, it had a population of 921,770 while its metropolitan area, which also includes the cities of Kanasín and Umán, had a population of 1,316,090.[5]
Mérida is also the cultural and financial capital of the Yucatán Peninsula. The city's rich cultural heritage is a product of the syncretism of the Maya and Spanish cultures during the colonial era. The Cathedral of Mérida, Yucatán was built in the late 16th century with stones from nearby Maya ruins and is the oldest cathedral in the mainland Americas.[6] The city has the third largest old town district on the continent.[7] It was the first city to be named American Capital of Culture, and the only city that has received the title twice.[8]
Mérida is among the safest cities of Mexico as well as in the Americas.[9] In 2015, the city was certified as an International Safe Community by the Karolinska Institute of Sweden for its high level of public security.[10] Forbes has ranked Mérida three times as one of the three best cities in Mexico to live, invest and do business.[11] In 2022, the UN-Habitat's City Prosperity Index recognized Mérida as the city with the highest quality of life in Mexico.[12]
Mérida was named after Mérida, Spain because the Maya ruins that the Spanish conquistadors found in the settlement of Ti'ho reminded them of the Roman ruins of Augusta Emerita. Over time, the city acquired the nickname "La Ciudad Blanca" (The White City).[citation needed] This nickname may be due to the white color of the limestone used to paint the façades of the city's colonial buildings. This hypothesis is reinforced by the fact that the city can be seen from outer space as a large whitish area in the middle of the immense green forest that covers the Yucatán Peninsula.[13] Other cities in Hispanic America share the same nickname for this reason, like Arequipa[14] and Popayan.[15] Folktale says that the name go back to the founding of the city when the Spanish conquistadors – motivated by security reasons and given the persistent rebellion of the indigenous Maya people – decided to allow only white-skinned Europeans to live in the city. Old arches at the entrance to the city would have been built for this reason, and beyond these were the Indian communities.[16] However, the first arches were not commissioned until 1690, almost 150 years after the city's foundation. The arch of San Juan and the one on 59th street marked the beginning of roads to Campeche and Izamal, respectively. Other arches served only decorative purposes, like the one Juan Quijano had erected in 1760 in front of his house at the intersection of 65th and 56th streets, which has since been demolished.[17] Additionally, the Nahua indigenous troops who accompanied Montejo's troops in the conquest of Yucatán settled in the neighborhoods of San Cristóbal, Santiago, and San Román, where they enjoyed the privilege of exemption from taxes for their military assistance.[18]
Mérida was founded in 1542 by the Spanish conquistadors, including Francisco de Montejo the Younger and Juan de la Cámara, and named after the town of Mérida in Extremadura, Spain. It was built on the site of the Maya city of Ti'ho (/tʼχoʼ/), which was also called Ichkanzihóo or Ichcaanzihó (/iʃkan'siχo/; "City of Five Hills") in reference to its pyramids. Many of the carved stones of the ruins of ancient Ti'ho were used in the construction of the early Spanish buildings of Mérida. These stones are visible, for instance, in the walls of the main cathedral. From colonial times through the mid-19th century, Mérida was a walled city designed to protect the peninsulares and criollos from periodic revolts by the indigenous Maya people.
In the late 19th century, the area surrounding Mérida prospered from the cultivation of henequen, the fiber of which was used in the production of rope and twine, as well as for the production of licor del henequén, a traditional Mexican alcoholic drink. By the beginning of the 20th century, manufacturing focused mainly on tobacco, molasses, rum, soap, and leather products.[19] Korean immigration to Mexico began in 1905 when more than a thousand people arrived in Yucatán from the city of Jemulpo. These first Korean immigrants settled around Mérida as workers in henequen plantations.
In August 1993, Pope John Paul II visited the city on his third trip to Mexico.[20] The city has been host to two bilateral United States – Mexico conferences, the first in 1999 (Bill Clinton – Ernesto Zedillo) and the second in 2007 (George W. Bush – Felipe Calderón, which resulted in the creation of the Mérida Initiative). Mérida hosted the VI Summit of Association of Caribbean States in April 2014. In recent years, important sports competitions have been held in Mérida, such as the World Cup of the World Archery Federation. The city has also hosted important scientific meetings such as the International Cosmic Ray Conference.
Mérida is located in the northwest part of the state of Yucatán, which occupies the northern portion of the Yucatán Peninsula. To the north is Progreso and the Gulf of Mexico. Valladolid and Tizimín are to the east, Celestún is to the west, and the city of Campeche is located to the southwest. There are many important Maya archae sites in the area, including Chichen Itza, Uxmal, Oxkintok, Sayil and Kabah.
The city is located near the center of the Chicxulub Crater. It has a very flat topography and is only 9 metres (30 ft) above sea level. The land outside of Mérida is covered with smaller scrub trees and former henequen fields. Almost no surface water exists, but several cenotes (sinkholes that provide access to underground springs and rivers) are found in the area.
Mérida has a centro histórico typical of colonial Spanish cities. The street grid is based on odd-numbered streets running east–west and even-numbered streets running north–south, with Calles 60 and 61 bounding the "Plaza Grande" in the heart of the city. The more affluent neighborhoods are located to the north and the most densely populated areas are to the south.
Mérida features a tropical savanna climate (Köppen: Aw).[21] The city lies in the trade wind belt close to the Tropic of Cancer, with the prevailing wind from the east. Mérida's climate is hot and its humidity is moderate to high, depending on the time of year. The average annual high temperature is 33.5 °C (92.3 °F), ranging from 30.6 °C (87.1 °F) in December to 36.3 °C (97.3 °F) in May, but temperatures often rise above 38 °C (100.4 °F) in the afternoon during this period. Low temperatures range between 17.2 °C (63.0 °F) in January to 21.7 °C (71.1 °F) in May. It is most often a few degrees hotter in Mérida than in coastal areas due to its inland location and low elevation. The rainy season runs from June through October, associated with the Mexican monsoon which draws warm, moist air landward. Easterly waves and tropical storms also affect the area during this season.
Mérida is the capital of the state of Yucatán. The offices of the governor of Yucatán, the Congress of Yucatán, and the Superior Court of Justice of Yucatán are all located within the city.
The municipal government is invested under the authority of a City Council (Ayuntamiento) which it is seated at the Municipal Palace of Merida, located in the historic center of the city. The City Council is presided by a municipal president or mayor, and an assembly conformed by a number of regents (regidores) and trustees (síndicos). Renán Barrera Concha became Mayor on September 1, 2018.
The Yucatán Peninsula, in particular the capital city Mérida, is in a prime coastal location which allows for economic growth. Mérida has been a popular location for investment.[25] This, in turn, has allowed the Yucatán economy to grow at three times the rate of the national average.[25]
In addition, the World Bank Group's Ease of Doing Business Index ranked Mérida fourth nationally in the category of ease of starting a business.[26]
The city is home to important national and local research institutes, like the Yucatan Scientific Research Center (Centro de Investigación Científica de Yucatán, CICY) of the National Council of Science and Technology (Consejo Nacional de Ciencia y Tecnología, Conacyt), a unit of the Center for Research and Advanced Studies of the National Polytechnic Institute (Centro de Investigación y de Estudios Avanzados, CINVESTAV Unidad Mérida), the Dr. Hideyo Noguchi Regional Research Center (Centro de Investigaciones Regionales Dr. Hideyo Noguchi) of the Autonomous University of Yucatan (CIR-UADY), the Yucatán Science and Technology Park (Parque Científico Tecnológico de Yucatán, PCYTY) and the Peninsular Center for Humanities and Social Sciences (Centro Peninsular en Humanidades y Ciencias Sociales, CEPHCIS) of the National Autonomous University of Mexico (UNAM).
Mérida has served as the American Capital of Culture in the years 2000 and 2017.[27]
As the state and regional capital, Mérida is a cultural center, featuring multiple museums, art galleries, restaurants, movie theatres, and shops. Mérida retains an abundance of colonial buildings and is a cultural center with music and dancing playing an important part in day-to-day life. At the same time it is a modern city with a range of shopping malls, auto dealerships, hotels, restaurants, and leisure facilities. The famous avenue Paseo de Montejo is lined with original sculpture. Each year, the MACAY Museum in Mérida mounts a new sculpture installation, featuring works from Mexico and one other chosen country. Each exhibit remains for 10 months of the year. In 2007, sculptures on Paseo de Montejo featured works by artists from Mexico and Japan.
Mérida and the state of Yucatán have traditionally been isolated from the rest of the country by geography, creating a unique culture. The conquistadors found the Maya culture to be incredibly resilient, and their attempts to eradicate Maya tradition, religion, and culture had only moderate success. The surviving remnants of the Maya culture can be seen every day, in speech, dress, and in both written and oral histories. It is especially apparent in holidays like Hanal Pixan, a Maya/Catholic Day of the Dead celebration. It falls on November 1 and 2 (one day for adults, and one for children) and is commemorated by elaborate altars dedicated to dead relatives. It is a compromise between the two religions with crucifixes mingled with skull decorations and food sacrifices/offerings. Múkbil pollo (pronounced/'mykβil pʰoÊŽoË€/) is the Maya tamal pie offered to the dead on All Saints' Day, traditionally accompanied by a cup of hot chocolate. Many Yucatecans enjoy eating this on and around the Day of the Dead. And, while complicated to make, they can be purchased and even shipped via air. (Muk-bil literally means "to put in the ground" or to cook in a pib, an underground oven).
For English speakers or would-be speakers, Mérida has the Mérida English Library,[28] a lending library with an extensive collection of English books, videos, tapes, and children's books. The library is also the site for expatriate meetings, children's storytelling hours, and other cultural events.
Mérida is also home to the Yucatán Symphony Orchestra, which plays regular seasons at the José Peón Contreras Theatre on Calle 60 and features classical music, jazz, and opera.[29]
Yucatán food is its own unique style and is very different from what most people consider "Mexican" food. It includes influences from the local Maya cuisine, as well as Caribbean, Mexican, European and Middle Eastern foods. Tropical fruit, such as coconut, pineapple, plum, tamarind and mamey are often used in Yucatán cuisine.
There are many regional dishes. Some of them are:
Achiote is a popular spice in the area. It is derived from the hard annatto seed found in the region. The whole seed is ground together with other spices and formed into a reddish seasoning paste, called recado rojo. The other ingredients in the paste include cinnamon, allspice berries, cloves, Mexican oregano, cumin seed, sea salt, mild black peppercorns, apple cider vinegar, and garlic.
Hot sauce in Mérida is usually made from the indigenous chiles in the area which include: Chile Xcatik, Chile Seco de Yucatán, and Chile Habanero.
The Spanish language spoken in the Yucatán is readily identifiable as different in comparison to the Spanish spoken all over the country, and even to non-native ears. It is heavily influenced by the Yucatec Maya language, which is spoken by a third of the population of the State of Yucatán. The Mayan language is melodic, filled with ejective consonants (p', k', and t') and "sh" sounds (represented by the letter "x" in the Mayan language). Even though many people speak Mayan, there is much stigma associated with it. It can be seen that elders were associated with higher status with knowledge of the language, but the younger generation saw more negative attitudes with knowledge of the language[30] This was also in direct correlation with the socioeconomic status and their overall placement in society. There is also the idea that one is not speaking in the "correct" manner of legitimate Mayan dialect, which also causes for more differences in the accent and overall language of the area.[30]
Due to being enclosed by the Caribbean Sea and the Gulf of Mexico, and being somewhat isolated from the rest of Mexico, Yucatecan Spanish has also preserved many words that are no longer used in many other Spanish-speaking areas of the world. However, over the years with the improvement of transportation and technology with the presence of radio, internet, and TV, many elements of the culture and language of the rest of Mexico are now slowly but consistently permeating the culture.
Apart from the Mayan language, which is the mother-tongue of many Yucatecans, students now choose to learn a foreign language such as English, which is taught in most schools.
Modern Mérida has expanded far beyond its original city walls, but many old Spanish colonial buildings and several old city gates can still be seen in the centro histórico, which is among the largest in the Americas. Many large and elaborate homes from the early 20th century still line the main avenue called Paseo de Montejo. For example, "Las Casas Gemelas" (The Twin Houses) are two side-by-side French and Spanish style mansions completed in 1911 by Camilo and Ernesto Cámara Zavala. Owned by the Barbachano and Molina Méndez families, they are two of only a few houses that are still used as residences on Paseo Montejo from that era. During the Porfiriato, the Barbachano house held cultural events that hosted artists, poets, and writers. In the mid-1900s, the Barbachanos hosted aristocrats including Princess Grace and Prince Ranier, as well as first lady of the U.S., Jacqueline Kennedy.[31]
The historical center of Mérida is currently undergoing a renaissance, as people and businesses move into these old buildings and restore them.[32] Many of these restored buildings now serve as office buildings for banks and insurance companies. Other important historic sites in the city include:
Several facilities can be found where to practice sports:
The city is home to the Mérida Marathon, held each year since 1986.[33]
City service is mostly provided by four local transportation companies: Unión de Camioneros de Yucatán (UCY), Alianza de Camioneros de Yucatán (ACY), Rápidos de Mérida, and Minis 2000. Bus transportation is at the same level or better than that of bigger cities like Guadalajara or Mexico City. Climate-controlled buses and micro-buses (smaller in size) are not uncommon.
As of 2024 the privately owned city bus system is being replaced by a new municipal system called "Va y Ven".[34]
Ie-Tram Yucatán is a bus rapid transit (BRT) system opening in December 2023.[35]
The main bus terminal (CAME) offers first-class (ADO) and luxury services (ADO PLATINO, ADO GL) to most southern Mexico cities outside Yucatán with a fleet consisting of Mercedes Benz and Volvo buses. Shorter intrastate routes are serviced by many smaller terminals around the city, mainly in downtown.
Several groups and unions offer taxi transportation: Frente Único de los Trabajadores del Volante (FUTV) (white taxis), Unión de Taxistas Independientes (UTI), and Radiotaxímetros de Yucatán, among others. Some of them offer metered service, but most work based on a flat rate depending on destination. Competition has made it of more common use than it was years ago.
Taxis can be either found at one of many predefined places around the city (Taxi de Sitio), waved down along the road, or called in by radio. Unlike the sophisticated RF counterparts in the US, a Civil Band radio is used and is equally effective. Usually a taxi will respond and arrive within 5 minutes.
Another type of taxi service is called "Colectivo". Colectivo taxis work like small buses on a predefined route and for a small fare. Usually accommodating 8 to 10 people.
Uber, DiDi, and inDrive also offer services in Mérida.
Mérida (IATA: MID, ICAO: MMMD) is serviced by Manuel Crescencio Rejón International Airport with daily non-stop services to major cities in Mexico including Mexico City, Monterrey, Villahermosa, Cancún, Guadalajara, Tuxtla Gutierrez, and Toluca. The airport has international flights to Miami, Houston, La Havana and Toronto. As of 2006[update] more than 1 million passengers were using this airport every year, (1.3 in 2007).[36] The airport is under ASUR administration.
Mérida was the hub of an extensive narrow gauge railway network that operated in the states of Yucatán and Campeche beginning in 1902. This system was merged into Ferrocarriles Unidos del Sureste in 1975, and later merged into Ferrocarriles Chiapas-Mayab. In 2016, The Secretary of Communications and Transportation revoked the concession.[37]
Current passenger train service to Mérida is provided by Tren Maya which runs from Palenque, Chiapas to Cancún, Quintana Roo, continuing on to Playa del Carmen. It stops at Teya Mérida railway station, 8 km (5.0 mi) east of the city.[38]
Main roads in and out of Mérida:
Mérida has many regional hospitals and medical centers. All of them offer full services for the city, and in case of the regional hospitals, for the whole Yucatán peninsula and neighboring states.
The city has one of the more prestigious medical faculties in Mexico (UADY). Proximity to American cities like Houston allow local doctors to crosstrain and practice in both countries making Mérida one of the best cities in Mexico in terms of health services availability.
Hospitals:
In 2000, the Mérida municipality had 244 preschool institutions, 395 elementary, 136 Jr. high school (2 years middle school, 1 high), 97 High Schools and 16 Universities/Higher Education schools. Mérida has consistently held the status of having the best performing public schools in Mexico since 1996. The public school system is regulated by the Secretariat of Public Instruction.[39] Attendance is required for all students in the educational system from age 6 up to age 15.[39] Once students reach high school, they are given the option of continuing their education or not; if they chose to do so they are given two tracks in which they can graduate.[39]
Nevertheless, education in Merida has a variety of quality throughout the city. This mainly has to do with the different social strata and where they reside. Mayan indigenous population are at the bottom of the spectrum and this can be represented in the type of education that the children are receiving. Upper class is usually located in the north, as it is less populated and has higher living costs.[40] For the most part, private schools are located in the northern part of the city. The only students who attend these schools are those of high class and of non-Maya descent.[41] A distressing statistic of how this affects the indigenous communities can be noted, "In Yucatan only 8.9 % of the Mayans have achieved junior high and solely the 6.6% have studied beyond that point. The 83.4% of the Mayans 15 years old and older dropped out of school before finishing junior high."[42]
Many laws have been set in place to avoid discrimination between the Spanish speakers and the Mayan speakers as the "Law says that it is a duty of the Mexican State to guarantee – guarantee, not just try, not just attempt – that the indigenous population has access to the obligatory education, bilingual and intercultural in their methods and contents."[42] Despite this having been set into law, there is no bilingual or cultural accepting program after elementary school.[42] The system for indigenous education only serves about one third of the Mayan speaking population of the area.[42] Many Maya[43] children are forced to learn Spanish and cease using their native tongue, which may be challenging for them to do. This in turn causes many of the students to feel that learning at school is not their strong suit and may even end up dropping out early in their education.[42]
There are several state institutions offering higher education:
Among several private institutions:
Mérida has several national research centers. Among them
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.[1][2] In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.[3]
Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals.
In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state.[3]
The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy.[4] The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while the term "appraising" was more used in North America.[5] Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel's 1758 treatise The Law of Nations which conceptualized the idea of private property.[6]
One of the largest initial real estate deals in history known as the "Louisiana Purchase" happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the "Louisiana Territory" as the land was bought from France for fifteen million dollars, making each acre roughly 4 cents.[7] The oldest real estate brokerage firm was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner".[8] In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term "realtor" was coined to identify real estate professionals.[9]
The stock market crash of 1929 and the Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929.[10] Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as the Federal Housing Administration.[11] In 1938, an amendment was made to the National Housing Act and Fannie Mae, a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded.[12]
Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with the incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes.[13] Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999.
Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes.[14]
Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.[15]
According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier.[16]
Other categories
The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre.
See List of house types for a complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information.
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate.[17]
Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment.
Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being the environmental responsiveness, resource efficiency, and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure, LEED, conservation development, and sustainability developments.
Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019 was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings.[18]
Real estate development involves planning and coordinating of housebuilding, real estate construction or renovation projects.[19] Real estate development can be less cyclical than real estate investing.[20]
In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but "flipping" involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as a way for corrupt foreign government officials and business people from countries without strong rule of law to launder money or to protect it from seizure.[21] Investment in real estate can be categorized by financial risk into core, value-added, and opportunistic.[22]
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Mérida Municipality is one of the 106 municipalities in the Mexican state of Yucatán containing (858.41 km2) of land with the head or seat being the city of Mérida. Because the archaeological remains of the Maya reminded the Spaniards of the ancient city of Mérida, Spain, which was marked by Roman archaeological sites, they renamed the site of T-hó after the Spanish city.[1]
What now constitutes the head of the municipality of Mérida, was a pre-Hispanic Itza Mayan town called T-hó (Yucatec Maya language meaning "five hills"), which was founded around the 12th century AD.[1] By the time of the Spanish arrival, the city was virtually abandoned, though still used as a ceremonial center and its remnant buildings were of impressive monumental scale. Francisco de Montejo the Younger established the city of Mérida on the site on 6 January 1542.[3] In the first year of the conquest, Montejo ordered the establishment of 54 encomiendas in favor of his soldiers and confirmed the three principal municipalities to be Mérida, Valladolid, and San Francisco de Campeche.[4]
Overlapping jurisdictions occurred for the area at various times with the administration being under the Audiencia de Guatemala in 1549, but also the Viceroyalty of New Spain from 1549-1552. Then between 1552 and 1561 the area returned to the Audiencia de Guatemala and between 1561 and 1565 was again administered under the Viceroyalty of New Spain.[5] In 1617, Yucatán became a Captaincy General in its own stead.[6]
Yucatán declared its independence from the Spanish Crown in 1821[1] and in 1825, the area was distributed into 15 administrative partitions including Bacalar, Campeche, Hecelchakán, Hunucmá, Ichmul, Isla del Carmen, Izamal, Lerma, Mama, Mérida, Oxkutzcab, Seibaplaya, Sotuta, Tizimín and Valladolid. In 1840, Yucatán declared itself to be a free, independent nation[7] with its capital located in Mérida. The following year treaties were signed for the peninsula to rejoin Mexico, but by 1842, independence was again declared. In 1843, a new treaty of reinstatement was signed, but in 1845 the peninsula withdrew because Mexico had not complied with the terms of the 1843 agreement. Finally in 1846 the peninsula agreed to reintegrate into Mexico[8] but the outbreak of the Caste War, in 1847, an indigenous rebellion that took place throughout the Yucatán, delayed the full implementation until 1849.[9]
The Constitution of 1850, redrafted the administrative divisions and made headquarters for the 17 partitions at: Bacalar, Bolonchenticul, Campeche, Espita, Hequelchakan, Isla del Carmen, Izamal, Maxcanú, Mérida, Motul, Peto, Seibaplaya, Sotuta, Tekax, Ticul, Tizimin, and Valladolid.[10] In 1918, the modern municipality of Mérida was confirmed as the seat of the municipio and capital of the State.[1]
The municipal president is elected for a three-year term. The town council has seventeen councilpersons, who serve as Secretary and councilors of Markets, Utilities and Public Safety; Administration; Social Development; Public Security; Entertainment; Urban Development and Ecology; Public Works; Youth And Sports; Women; Health and Disability; Economic Development; Tourism; Heritage; Education; and Culture.[11]
The Municipal Council administers the business of the municipality. It is responsible for budgeting and expenditures and producing all required reports for all branches of the municipal administration. Annually it determines educational standards for schools.[11]
The Police Commissioners ensure public order and safety. They are tasked with enforcing regulations, distributing materials and administering rulings of general compliance issued by the council.[11]
The land throughout the municipality is virtually flat, without any areas of the elevation, and like much of the Yucatan Peninsula has no surface water streams. There are cenotes both underground and at the surface (collapsed caverns). The climate is semi-humid, with temperature range between a maximum of 40 °C and minimum 14 °C.[11]
The head of the municipality is Mérida, Yucatán. There are 158 populated areas of the municipality.[11] The most notable include Caucel, Chablekal, Cholul, Chuburná de Hidalgo, Cosgaya, Dzityá, Dzununcán, Komchén, Molas, San José Tzal, Sierra Papacal and Sitpach.[1] Communities of 50 people or more (as of 2005)[12] are listed below, along with numerous smaller ones (not listed).
Every year on 6 January the founding of the city is acknowledged in a citywide festival. Also annually from 27 September to 14 October is a celebration in honor of Santo Cristo de las Ampollas.[1]
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