In the last couple of years, the city of Mérida has doubled the number of available properties by 92.8 percent. This increase occurred mainly within the residential segment in both apartments and houses.

"This city is a destination that has improved its national position, thanks to its attractiveness as a retirement option, the offer of ad-hoc projects, a favorable climate, as well as a more efficient urban development than other similar cities in the country," explained Leonardo González, Real Estate analyst at Propiedades.com.

Additionally, the analyst commented that the city has shown positive levels of surplus value, reaching 10.45 percent in residential and 8.7 percent in residential plus so far in 2018.