Affordable Real Estate properties near downtown Valladolid

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Affordable Real Estate properties near downtown Valladolid

In recent months, we have had countless clients looking for real estate for sale in downtown Valladolid, Yucatan. When they see the available options, many feel disillusioned since the houses do not meet their expectations.


Many expect Valladolid to be a small town with super-low real estate prices, and maybe it was a decade ago. Nowadays, Valladolid is getting a lot of attention from people living in the Riviera Maya, expats, and people relocating from north and central Mexico.


This attention is due to several reasons, but the most important is the fact that Valladolid has the perfect location. It's close to the beach but without the inconvenience of the humidity. It’s very close to bigger towns with airports, such as Mérida and Cancun, to which it's connected through a very convenient and safe toll road. And, of course, the colonial charm makes Valladolid an attractive place to live. 


Valladolid is out of the restricted zone, so foreigners can purchase real estate without a bank trust or “fideicomiso.”


Why is it so difficult to find cheap historic homes in Valladolid?


Valladolid maintained a low profile for more than 500 years in an economy based on trade and agriculture. Even the 2010 census reveals a population below 50,000, so it is a small town with fewer properties.

The steady but slow economic and population growth means that the amount of colonial properties is minimal. The houses were primarily built in stages, in a model of self-construction, and most of the time, they did not have layouts, installations, or designs up to modern standards.

If you are looking for cheap homes for sale in Valladolid Yucatán, you must consider these points.

  • Unlike Mérida, Valladolid does not have thousands of colonial properties. Less property + excessive demand = high prices

  • Families live for generations in the same home. This reduces the availability of houses for sale or rent.

  • Cheap, central, and historic property in Valladolid Yucatan. When it comes to real estate, someone has to give. If you want the perfect trifecta, expect to pay from 150,000 to 500,000 USD for a property with these characteristics.

  • Most prospective buyers experience frustration and decide to “wait” for the perfect property to come along. In our experience, this is a big mistake, as these are almost non-existent and are sold within days of being on the market.

So, if you are interested in investing in Real Estate in Valladolid Yucatan, it is crucial to focus on one or two items on your wish list and proceed quickly, as prices keep going up!

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