Yucatan Real Estate

Prices from $62,000 USD to $13,000,000,000 USD Listings last updated 11/18/2018

Homes for Sale in Yucatan

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Overview of the real estate prices in Yucatan, Mexico

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More information on Yucatan, Mexico homes and apartments for sale

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Here are the 20 most popular locations from Mexico for foreign homebuyers:

La Paz , Rocky Point, Puerto Vallarta, Lake Chapala, Valle de Bravo, Campeche, Merida, Cancun, Playa del Carmen, Cozumel, Akumal, Tulum, Costa Maya

CITY GUIDE
YUCATÁN, MEXICO

Located in the southeastern part of Mexico on the northern end of the Yucatan Peninsula is the state of Yucatan. Situated just north of Quintana Roo and overlooking the Caribbean Sea, the Yucatan has a budding population of 2.1 million and is 15,260 square miles in size.

In the Yucatan, the trades, such as agribusiness, textiles, apparel and the service industry, account for nearly 50% of the economy. Major state colleges in the Yucatan include Universidad Autónoma de Yucatán with a population of over 17,000 students, the Universidad Tecnológica Metropolitana which has 18,000 undergraduates, and Instituto Tecnológico de Mérida.

The Yucatan has a lot of pre-Columbian influences as 800,000+ residents speak the indigenous Yucatec Maya language. Some of the Spanish spoken has origins in the Yucatec Maya language. There is also a significant Korean population in the state, which started in 1905 with their immigration here. There are approximately 30,000 Koreans descendants currently living in the Yucatan.

In the Yucatan, you’ll find delectable regional dishes like Poc Chuc and Xcatic, the Korean Immigration Memorial Museum to Yucatan and the St. Ildephonsus Cathedral – one of the oldest in the Americas.

The Yucatan is a very flat state with the exception of the Puuc hills located on the southern end of the state. The average high temperatures in the capital city of Merida and most of the Yucatan in the months of March through October are in the 90s. The coldest months of December, January and February have average lows in the mid-60s. The driest months are March and April and the overall annual rainfall averages about 40 inches per year.

The Yucatan real estate and rental market is booming with major cities now also enjoying the sprawl of the most populous city, Merida. Affordable subdivisions and affluent communities are being constructed in Conkal, Kanasín and Uman where an increase in population and interest is rising.

Home to over 2 million people, the Yucatan offers a diverse and unique culture influenced by the natives who have been in the area for over 10,000 years. Over a third of the state still speaks Yucatec Maya which is the indigenous language. Although the terrain is quite flat and the temperatures are in the 90s eight months out of the year, the beauty of the coast and the people makes the Yucatan a desirable place to call home.

KEY FACTS:

Yucatán, Mexico

Yucatán, Mexico
  • Country: Mexico

  • State: Yucatan

  • Nickname: "The Sister Republic of Yucatán"

  • Population: 2.1 million

  • Area:

    Land: 39,524 km2

Lifestyle

Lifestyle and Culture

The Yucatan has some incredible museums featuring a variety of must-see exhibits. The Gran Museo del Mundo Maya features 1,100 artifacts and the Museo Regional de Antropología is an anthropology museum located in a mansion and features the history of the Yucatan.

Many of the cities in the Yucatan host many religious and cultural festivals such as the Biblical Maji in Tizmin, the Feast of the Virgin de la Candelaria in Kanasin and the Christ of Love festival in Uman.

The food in the Yucatan is very unique and offers a blend of local Mayan, Caribbean, Spanish, North African and Middle Eastern flavors.

Chichen Itza is the most famous and best restored of the Mayan ruins in the Yucatan. Uxmal is another location of ruins with origins dating back to 600AD.

Lifestyle

Entertainment and Tourism

Although Cancun is the major tourist destination on the Yucatan Peninsula, the state of Yucatan has a thriving nightlife as well, especially in Merida. Some of the hottest spots include Pancho’s, Mas de 30, Canta Bar and Dfox Merida.

Association football is quite popular in the Yucatan with two teams: F.C. Itzaes and Mérida F.C. There is a Triple-A baseball team, Leones de Yucatán (the Yucatan Lions), located in Merida as well.

Entertainment and Tourism
Neighbourhoods

Cities

The most populated city in Yucatan is Merida which is the capital and home to nearly 45% of the state’s population. The four most populous cities in the Yucatan are:

Merida

Merida is the largest and most populous city in Yucatan. Known as “The White City,” quite possibly due to the color of its older buildings, although the nickname’s origins are a mystery, the city was mainly isolated from the other parts of Mexico creating a unique culture filled with Mayan, Spanish, French and British culture.


Kanasin

Kanasin is located just a few miles east of Merida and is the second most populous city in the Yucatan. Kanasin hosts some great festivals throughout the year including the Celebration to honor the Immaculate Conception in December and the Feast of the Virgin de la Candelaria at the end of January. Some of Kanasin’s most popular attractions are the Church of San José, which was built in the seventeenth century, and the Hacienda San Ildefonso Teya.

Neighbourhoods

Valladolid

Valladolid is home to many great architectural buildings and churches as well as natural beauty such as cenotes, or natural pits. Located on the eastern side of the Yucatan, Valladolid is the third largest city in the state and is part of Mexico’s initiative to showcase the natural beauty, cultural riches and historical relevance of its cities.

Tizmin

Tizmin is famous for its Mexican handicrafts such as jewelry, garments, tablecloths and more. Tizmin is the fourth most populous city in the Yucatan and hosts a traditional Biblical Magi every December.

Real Estate Market

There are several real estate developments occurring in the Yucatan, especially Merida which continues to be a popular place for investment. Even during the recent economically challenging times, the economy in the Yucatan grew.

For rental properties, there are many tourists and foreigners who prefer to spend months at a time away from the cold northern weather but who are not eager to maintain a permanent residence. While new construction and development is increasing in the major cities, the old colonial homes are still popular and many have been refurbished to maintain their luster.

Many people, from expatriates to retirees to wealthy Mexicans looking to move away from Mexico City, are exploring the growing industries of the Yucatan. In a hope to reap the benefits of the economy, Merida’s growth has spilled into nearby communities such as Conkal, Kanasín and Uman where thousands of homes are being developed. Subdivisions and luxury communities are just some of the major projects planned for the future.

Education

Education

There are many colleges and universities located in the Yucatan, especially in Merida. There are 16 public and private schools in Merida alone including the Universidad Autónoma de Yucatán and the Universidad Tecnológica Metropolitana, which are state schools, and the Universidad Interamericana del Norte and Institute of Modern Spanish, which are private schools. There are also several research centers in the Yucatan as well.

Public schools are free and funded by the government as long as the students are Mexican citizens. Most expats and foreigners send their children to private or international schools. The school system in the Yucatan, both public and private, is managed by the federal Secretary of Public Education (SEP). Merida is considered to have some of the best performing schools in all of Mexico.

Education