The growing number of people moving to La Paz, including both foreigners and nationals, is driving a capital gains boom in the city. The gentrification of certain areas and the increasing popularity of lodging apps like Airbnb and Vrbo are key contributors to this surge. According to a report by Propiedades.com, La Paz now has the highest capital gains in Mexico, with an impressive 11.52% increase.
La Paz isn’t alone in this trend, though. Coastal cities across Mexico are also experiencing similar growth. Mazatlán is right behind with 11.29%, while Mérida, located on the Yucatán Peninsula, is close too, with a 10.93% increase.
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If you’re considering buying or investing in property, La Paz and other Mexican coastal areas are definitely heating up! This growth reflects the increasing desirability of these spots, so you may want to keep an eye on these markets.
