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Merida Real Estate to Receive Investment of $4 Million in Culture (home loans)

By Thomas Lloyd

 In the Yucatan Real Estate area, one of the points which makes Merida Real Estate a top choice for a Mexico Retirement or for families is this colonial city’s rich cultural heritage. Merida has a strong tack-record of investing in infrastructure such as roads and hospitals, and in keeping up its beautiful colonial city center. In addition to this, the city also invests in maintaining its cultural attractions which are excellent both for visitors and residents.

In the upcoming months, the National Council for Culture and the Arts is expected to invest between 4 and 5 million dollars in the Cultural Infrastructure Support Program in Merida and Yucatan. These financial resources will be focused on improvement projects in the “House of Culture of the Mayas,” the State Newspaper Archive and the Jose Peon Contreras Theater. The Jose Peon Contreras Theater will be receiving special attention, since it is a historic building.

There is also a projet being planned for a theater in the nearby beachfront destination Progreso. Other projects in the process of planning are the renovation of the Cultural Center and the Jose Jacinto Cuevas musical school for trova.

These investments will both contribute to the visual appeal of Merida, as well as the cultural appeal. Many real estate buyers who choose Mexico as their retirement destination, choose places such as Merida because of the balance between the comfort of having easy access to things similar to back home in Merida top-notch infrastructure, excellent hospitals, international stores such as Walmart, and big-screen movie theaters are a few examples and the interesting experience of close contact with Mexico’s own tradition and history. Merida’s cultural investment helps promote these traditions and make them accessible to real estate buyers from other countries, so retirees and families can truly enjoy the best of both worlds.

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Region: Yucatan Real Estate by Mitch Keenanh He holds a GRI and a CRS from NAR (National Association of Realtors). With over ten years of living and working in the Yucatan Real Estate Industry. 512-879-6546

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