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Benito Juárez (Cancún) ranks fourth among municipalities nationwide with an annualized capital gain of 13 percent.

Cancún, QRoo.- Quintana Roo stands out nationally as the second state in terms of growth in real estate capital gains, according to data from the Mexican Association of Real Estate Professionals of the Southeast (AIS), during the presentation of the Join the Business Community forum, which will take place on November 13 in Cancún.

This was announced by Pablo Castro, a member of the AIS and commercial director of the Logar Group, a real estate developer:

"The National Mortgage Society's second-quarter report tells us that Quintana Roo is the state with the second highest capital gains in Mexico, with an annualized capital gains rate of 12.5%."

In that same report, Benito Juárez ( Cancún ) ranks fourth among municipalities nationwide with an annualized capital gain of 13%, making the northern region of Quintana Roo one of the most attractive areas for investing and generating profits from the rental or sale of real estate, the real estate developer added.

For his part, RAjiv Heredia González, president of the AIS in Quintana Roo, commented that the real estate sector is beginning to recover from the lull experienced in September with the change of government, especially the mid-range residential housing sector, which is now showing greater dynamism.

He confirmed that foreign investment is also picking up, and although there are still electoral issues in the United States, Canadian and American investment is already picking up.