{"id":39884,"date":"2017-08-22T05:53:25","date_gmt":"2017-08-22T09:53:25","guid":{"rendered":"https:\/\/www.escapeartist.com\/?p=39884"},"modified":"2020-10-11T16:47:44","modified_gmt":"2020-10-11T21:47:44","slug":"real-estate-in-mexico-city","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/real-estate-in-mexico-city\/","title":{"rendered":"Real Estate In Mexico City"},"content":{"rendered":"

Real Estate In Mexico City<\/strong><\/h2>\n

Mexico City is one of the largest metropolitan areas in the world, with 16 boroughs and more than 300 neighborhoods. It has something to offer to everybody who decides to move to this metropolitan area which lies about 2240 meters above sea level. As of 2020, the population in the city itself is estimated at 21 million.<\/p>\n

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Overview Of The Neighbourhoods<\/strong><\/h2>\n

Mexico City consists of 16 boroughs and more than 300 neighborhoods (colonies) and expatriates tend to choose to live in Polanco, Condesa, or Roma, Polanca being Mexico City\u2019s most exclusive and expensive neighborhood. Condesa and Roma are neighboring colonies, located just south of the Zona Rosa and here you can find some of the city’s hippest cafes and bars, art galleries, and nightclubs. The neighborhoods are also known for their parks and restored Art Deco buildings. Many of the capital’s well-off young professionals have moved to Santa Fe, Mexico City’s newest and most modern neighborhood.<\/p>\n

Handpicked Related Content: Drugs, Cartels, And Crime: How Mexico Is Misrepresented And Stereotyped\u2014And Why So Many Americans Are Going There Anyway<\/a><\/span><\/em><\/strong><\/p>\n

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Finding Rental Property In Mexico City<\/strong><\/h2>\n

You won\u2019t have a problem finding a rental property in Mexico City. If you are not fluent in Spanish you should employ a real estate agent to make sure that you are getting the best deal possible. When you found a rental property make sure to read the lease thoroughly. Again, if you are not fluent in Spanish it is best to get a realtor as even though there might be an English version of the contract, only the Spanish is legally binding.<\/p>\n

Usually, you will have to pay a deposit in the amount of one monthly rent, paid upfront with your first month’s rent. Please make sure to write down any major defects that exist when you start the rental agreement. Any items missing or (further) damage would be charged to your deposit. In general, the deposit and first month’s rent has to be paid in advance.<\/p>\n