Yucatan Property Values Climb as Mayan Train Project Drives Investment

Mexico's southeastern region, long known for its tourist draws, is transforming into a hotbed for real estate investment, with property values showing significant annual appreciation exceeding 10%, developers and market data suggest. The massive infrastructure project known as the Tren Maya is emerging as a primary catalyst, breathing new life into the sector and attracting long-term capital.

Cancún, a perennial tourism powerhouse, stands as a prime example of this trend. The city is experiencing a renewed surge in real estate activity directly linked to the train project, according to Ing. Carlos Andrés Sarzo Carrillo of the Maraya real estate development firm. "The Tren Maya is giving a second wind to this sector," Mr. Sarzo noted, highlighting the project's influence even before its full operational rollout.