When it comes to determining the average salary of real estate agents in Merida, there are several factors that come into play. One key factor is experience. Real estate agents who have been in the industry for a longer period of time typically earn higher salaries than those who are just starting out.
Another factor that influences average salary is the location of the real estate agent's office. Agents working in prime locations with high property values tend to earn more than those working in less desirable areas.
Furthermore, the size and reputation of the real estate agency can also impact an agent's salary. Agents working for well-established agencies with a strong client base and brand recognition often command higher salaries than those working for smaller, lesser-known firms.
Additionally, market conditions play a significant role in determining the average salary of real estate agents in Merida. During periods of economic growth and high demand for properties, agents may see an increase in their earnings. On the other hand, during economic downturns or when there is an oversupply of properties on the market, salaries may stagnate or even decrease.
In conclusion, the average salary of real estate agents in Merida is influenced by a variety of factors including experience, location, agency size and reputation, as well as market conditions. By considering these factors, both aspiring and current real estate agents can better understand what drives their earning potential in this competitive industry.
When comparing the average salary of real estate agents in Merida with other cities in Mexico, it is important to consider various factors that may influence these figures.
In general, real estate agents in Merida tend to earn a decent wage compared to their counterparts in other Mexican cities. This can be attributed to the city's growing real estate market and increasing demand for properties.
Cities like Mexico City and Monterrey may offer higher salaries for real estate agents due to the larger size of their markets and higher property prices. However, the cost of living in these cities is also higher, which means that real estate agents may not necessarily have a better quality of life despite earning more.
On the other hand, smaller cities like Guadalajara or Puebla may have lower average salaries for real estate agents, but they also have a lower cost of living. This means that real estate agents in these cities may still be able to live comfortably on their earnings.
Overall, the average salary of real estate agents in Merida is competitive when compared to other cities in Mexico. Factors such as market size, property prices, and cost of living all play a role in determining how much real estate agents can expect to earn. Ultimately, it is important for individuals considering a career in real estate to weigh these factors carefully before making a decision on where to work.
Merida, the center of Yucatán, is quickly emerging as one of the fastest-growing real estate markets in Mexico. With its vibrant colonial charm, expanding infrastructure, and a growing flow of international and local buyers, the city presents profitable investment opportunities. At TrustFirst Merida Real Estate, we pride ourselves in being the most reliable Realtors in Merida, Mexico, offering unparalleled expertise, comprehensive market insights, and a customer-focused service to help you find your dream home.
The real estate market in Merida has seen a steady growth in demand, with home prices appreciating by an average of 8% to 12% each year. Property buyers and homebuyers as well are attracted to the city due to its low cost of living, excellent safety ratings, and cultural appeal. Unlike many popular cities in Mexico, Merida provides a balance between colonial charm and contemporary amenities, making it an perfect place for retirees, and those looking to relocate.
As experienced Realtors in Merida, Mexico, we know the nuances of the local market and can guide you through every step of the buying or sales process.
Navigating the real estate market requires precise, up-to-date information. At TrustFirst Merida Real Estate, we leverage market analytics, property valuation reports, and insider expertise to offer strategic real estate advice.
Every buyer has specific requirements, and we tailor our services accordingly. From selecting prime locations to managing legal paperwork, our expert property consultants ensure a hassle-free transaction.
Many of the best properties in Merida are not publicly listed. Through our extensive connections of property owners, builders, and real estate professionals, we offer exclusive access to off-market deals.
No matter if you are buying, selling, or investing in Merida real estate, TrustFirst Merida Real Estate is your trusted advisor. Our team of skilled real estate professionals is committed to ensuring you achieve your property goals.
📞 Reach out to us today to schedule a free real estate session and start your journey with the best Real Estate Agents in Merida, Mexico!
Mérida, a rapidly growing city in southeastern Mexico, has emerged as a top-tier market for foreign investors.
Offering a blend of traditional and modern living, high rental demand, and sustainable property value increases, Mérida provides a wealth of opportunities for investors.
Compared to other investment hotspots, Mérida remains highly affordable, making it accessible to investors with varying budgets.
As more digital nomads and retirees choose Mérida as their home, has created a lucrative rental market for investors.
Real estate in Mérida continues to show consistent appreciation, offering promising returns for those looking to build wealth.
Non-Mexican buyers cannot directly own property in specific restricted zones, including coastal areas.
To bypass this restriction, foreign buyers use a fideicomiso, which allows them to hold property via a Mexican bank.
Because Mérida is not in a restricted zone, foreign investors can own property outright, making transactions smoother and more straightforward.
Some land in Mexico is classified as ejido land, which is not private property, making it risky for foreign buyers.
Featuring restored historic properties, Centro Histórico is a prime area for real estate investors.
North Mérida is home to modern gated communities, making it a preferred location for families and retirees.
3. Conduct due diligence and verify property titles.
4. Secure financing if necessary.
With stable property values and a growing economy, an excellent opportunity for foreign real estate investment.
If you’re considering investing in Mérida, TrustFirst Mérida Real Estate is here to guide you.
At TrustFirst Mérida Real Estate, we are dedicated to the right property.
When it comes to the average salary of real estate agents in Merida, there is a wide range of earnings depending on experience level. For beginners just starting out in the industry, the average salary typically falls between 10,000 to 15,000 pesos per month. This range reflects the lower commissions and smaller client base that new agents often have as they build their skills and reputation in the field.
For intermediate agents who have been working in real estate for a few years and have established themselves within the market, the average salary tends to increase to around 20,000 to 25,000 pesos per month. These agents are able to secure larger deals and work with more clients, leading to higher earnings compared to those at the beginner level.
Experienced agents who have been in the industry for several years and have a solid client base can expect to earn even more. The average salary for these seasoned professionals ranges from 30,000 to 40,000 pesos per month, or even higher depending on their success and reputation within the market.
Overall, the average salary of real estate agents in Merida varies based on experience level and success within the industry. Beginners may start off with lower earnings as they gain experience and build their clientele, while intermediate and experienced agents can see their salaries increase significantly as they continue to grow in their careers.
The average salary of real estate agents in Merida can vary depending on various factors such as experience, education, and the agency they work for. However, one thing is for sure - there are plenty of opportunities for growth and advancement in this industry.
Real estate is a booming industry in Merida, with new developments constantly popping up and properties being bought and sold every day. This means that there is always a demand for skilled and knowledgeable real estate agents who can help clients navigate the complex world of buying or selling property.
For those looking to enter the real estate industry, there are ample opportunities for growth and advancement. With hard work and dedication, real estate agents can quickly climb the ranks within their agency or even start their own brokerage. The potential for earning a higher salary increases as agents gain more experience and build a solid reputation in the industry.
Additionally, continuing education and staying up-to-date with market trends can also lead to more opportunities for growth. By expanding their knowledge base and skill set, real estate agents can attract more clients and close more deals, ultimately leading to a higher income.
Overall, the average salary of real estate agents in Merida reflects the potential for growth and advancement within the industry. With hard work, dedication, and a commitment to excellence, real estate agents have the opportunity to build successful careers in this dynamic field.
Being a real estate agent in Merida comes with its fair share of challenges, which can significantly impact the average salary of professionals in this field. One of the main challenges faced by real estate agents in Merida is the competitive nature of the market. With an increasing number of agents vying for clients and properties, standing out and securing lucrative deals can be quite challenging.
Another challenge faced by real estate agents in Merida is the fluctuating economy. The economic conditions in Mexico can have a direct impact on the buying and selling patterns of customers, which in turn affects the commission earned by agents. A sluggish economy may result in fewer transactions and lower commissions, while a booming economy may lead to increased competition and higher operational costs.
Furthermore, navigating through bureaucratic red tape and legal complexities can be daunting for real estate agents in Merida. Understanding local laws and regulations, as well as dealing with paperwork and documentation, requires time and expertise. Failure to comply with legal requirements can result in fines or even legal action, which adds to the stress faced by agents.
Despite these challenges, many real estate agents in Merida are able to earn a decent salary through hard work, dedication, and building strong relationships with clients. By staying updated on market trends, providing exceptional customer service, and investing in marketing strategies, agents can overcome these obstacles and achieve success in their careers.
In conclusion, while being a real estate agent in Merida may come with its fair share of challenges that can impact earnings, those who are determined and resilient can still thrive in this competitive industry. By understanding the market dynamics, adapting to changing economic conditions, and staying compliant with legal requirements, real estate agents can maximize their earning potential and build a successful career in Merida's vibrant real estate market.
Real Estate Agent Merida
Real estate agents in Merida are a vital part of the thriving real estate market in this beautiful city. With their expertise and knowledge of the local area, they help clients find their dream homes and investment properties.
In order to attract and retain top talent, many real estate agencies in Merida offer additional benefits and incentives to their agents. These can range from bonuses for achieving sales targets to flexible working hours and opportunities for career advancement.
Some agencies also provide training and support to help their agents succeed in a competitive market. This could include access to the latest technology and tools, as well as mentoring programs with experienced agents.
These additional benefits not only help agents feel valued and motivated, but they also contribute to the overall success of the agency. Happy and incentivized agents are more likely to go above and beyond for their clients, resulting in higher sales volumes and increased customer satisfaction.
So next time you're considering a career in real estate in Merida, remember that there are plenty of agencies willing to invest in your success. With the right support and incentives, you could be on your way to earning a competitive salary and enjoying a fulfilling career in one of Mexico's most exciting real estate markets.
The Mérida Cathedral in Mérida, Yucatán, Mexico, is one of the oldest cathedrals in the Americas.[1][2]
Construction of the cathedral of Mérida began in 1561, and it was completed in 1598. It was the second cathedral to be completed in the Americas (the Cathedral of Santo Domingo, completed in 1550, was the first). It is a unique monument with clear antecedents in Andalusia. The seat of the bishopric of Yucatán, the cathedral was built on the site of Mayan ruins T'ho.[1][3][4]
The bishopric of Yucatán had an uncertain start. The Yucatán peninsula was explored by Francisco Hernandez de Córdoba and Juan de Grijalva on behalf of Diego Velazquez de Cuellar, the adelantado of Cuba, in 1517 and 1518.[5] The creation of a diocese in the recently discovered country was urged by Velazquez, who presumed to have jurisdiction over the region and hoped to colonize it. An episcopal see known as "Carolense" was indeed created by Pope Leo X in 1519 (later renamed "Our Lady of Remedies" by Clement VII). But said diocese was not implemented in the territory of Yucatán but in that of Tlaxcala instead and later on was moved to Puebla. It cannot therefore be considered the predecessor of the diocese of Yucatán.
The diocese of Yucatán proper, named "Yucatan and Cozumel," was created by Pius IV in 1561. St. Ildephonsus of Toledo was invoked as the patron.[6] Two prelates for the new see were nominated in succession by the Spanish Crown but neither could be consecrated for entirely accidental reasons. A third candidate, fray Francisco Toral, was eventually consecrated and took possession on August 14, 1562. He was the first of a long line of bishops, later archbishops, of Yucatán.
The system of vaulting used throughout the building was based on the ideas of Andres de Vandelvira, first applied to the building of the cathedral of Jaen. Indeed, there is every possibility that Vandelvira's schemes were brought to the Mérida project by the first bishop of Yucatán, fray Francisco Toral, who hailed from Ubeda, a town in the Jaen province.[7]
References to the cathedral can be found in the Books of Chilam Balam.[5][8]
Land had been set aside for the cathedral at Mérida, the place recycled by the Spanish under Francisco de Montejo as the capital of the new colony.[6] The colonial city was set amidst the ruins of the Maya settlement of Ichcansiho (T'ho for short), and work for the church was begun shortly after Toral's arrival.[6] The church was to be built on the eastern side on the main town square, where a temporary building with a roof of palms was erected. It was not until 1562 that construction of the cathedral began. Labor for this construction came from Mayans, some of who still practiced their own religion.[2][3] Laborers used stones from the Mayan temple of Yajam Cumu to build the cathedral.[6][9] Two known Mayan workers were Francisco Pool, and Diego Can.[9] Although architect Juan Miguel de Agüero completed the cathedral, it was Don Pedro de Aulestia who led the initial construction.[9]
The coat of arms on the cathedral facade was originally designed to reflect the Spanish royal coat of arms.[9] The original royal coat consisted of four sections containing symbols of gold castles and crowned lions. At the very top of the coat was a representation of the royal crown of Spain. After Mexico's independence, the shield was partially destroyed due to anti-Spanish sentiment. The central piece of the shield containing the castles and lions were removed using a pickaxes and chisels. In 1824, the empty shield was filled with a Mexican eagle wearing the imperial crown of Iturbide.[10][9] After the redesign of the shield, a second wave of anti-Spanish sentiment led to the entire coat of arms being buried beneath a slab on cement. The cement was later removed to reveal the coat of arms as can be seen today.
On the cathedral facade there are statues of St. Peter and St. Paul. The statue of St. Paul is distinguished by the sword and the book he is holding. St. Peter is depicted holding the keys to the Church.[9]
Coordinates: 20°58′N 89°37′W / 20.967°N 89.617°W / 20.967; -89.617CountryMexicoStateYucatánMunicipalityMéridaCity foundedJanuary 6, 1542Government
• Mayor Cecilia Patrón Laviada (2024–2027) (PAN)Elevation
10 m (30 ft)Population
1,210,000 (Metro) • Rank34th in North America 12th in MexicoDemonymMeridianoGDP (PPP, constant 2015 values)
• Year2023 • Total$26.1 billion[2] • Per capita$21,400Time zoneUTC−6 (CST)Postal code
Area code999Major airportMérida International AirportIATA CodeMIDICAO CodeMMMDINEGI Code310500001[3]ClimateAw
Mérida ( Spanish pronunciation: [ˈmeɾiða] ⓘ, Yucatec Maya: Joꞌ)[4] is the capital of the Mexican state of Yucatán, and the largest city in southeastern Mexico. The city is also the seat of the eponymous municipality. It is located slightly inland from the northwest corner of the Yucatán Peninsula, about 35 km (22 mi) inland from the coast of the Gulf of Mexico. In 2020, it had a population of 921,770 while its metropolitan area, which also includes the cities of Kanasín and Umán, had a population of 1,316,090.[5]
Mérida is also the cultural and financial capital of the Yucatán Peninsula. The city's rich cultural heritage is a product of the syncretism of the Maya and Spanish cultures during the colonial era. The Cathedral of Mérida, Yucatán was built in the late 16th century with stones from nearby Maya ruins and is the oldest cathedral in the mainland Americas.[6] The city has the third largest old town district on the continent.[7] It was the first city to be named American Capital of Culture, and the only city that has received the title twice.[8]
Mérida is among the safest cities of Mexico as well as in the Americas.[9] In 2015, the city was certified as an International Safe Community by the Karolinska Institute of Sweden for its high level of public security.[10] Forbes has ranked Mérida three times as one of the three best cities in Mexico to live, invest and do business.[11] In 2022, the UN-Habitat's City Prosperity Index recognized Mérida as the city with the highest quality of life in Mexico.[12]
Mérida was named after Mérida, Spain because the Maya ruins that the Spanish conquistadors found in the settlement of Ti'ho reminded them of the Roman ruins of Augusta Emerita. Over time, the city acquired the nickname "La Ciudad Blanca" (The White City).[citation needed] This nickname may be due to the white color of the limestone used to paint the façades of the city's colonial buildings. This hypothesis is reinforced by the fact that the city can be seen from outer space as a large whitish area in the middle of the immense green forest that covers the Yucatán Peninsula.[13] Other cities in Hispanic America share the same nickname for this reason, like Arequipa[14] and Popayan.[15] Folktale says that the name go back to the founding of the city when the Spanish conquistadors – motivated by security reasons and given the persistent rebellion of the indigenous Maya people – decided to allow only white-skinned Europeans to live in the city. Old arches at the entrance to the city would have been built for this reason, and beyond these were the Indian communities.[16] However, the first arches were not commissioned until 1690, almost 150 years after the city's foundation. The arch of San Juan and the one on 59th street marked the beginning of roads to Campeche and Izamal, respectively. Other arches served only decorative purposes, like the one Juan Quijano had erected in 1760 in front of his house at the intersection of 65th and 56th streets, which has since been demolished.[17] Additionally, the Nahua indigenous troops who accompanied Montejo's troops in the conquest of Yucatán settled in the neighborhoods of San Cristóbal, Santiago, and San Román, where they enjoyed the privilege of exemption from taxes for their military assistance.[18]
Mérida was founded in 1542 by the Spanish conquistadors, including Francisco de Montejo the Younger and Juan de la Cámara, and named after the town of Mérida in Extremadura, Spain. It was built on the site of the Maya city of Ti'ho (/tʼχoʼ/), which was also called Ichkanzihóo or Ichcaanzihó (/iʃkan'siχo/; "City of Five Hills") in reference to its pyramids. Many of the carved stones of the ruins of ancient Ti'ho were used in the construction of the early Spanish buildings of Mérida. These stones are visible, for instance, in the walls of the main cathedral. From colonial times through the mid-19th century, Mérida was a walled city designed to protect the peninsulares and criollos from periodic revolts by the indigenous Maya people.
In the late 19th century, the area surrounding Mérida prospered from the cultivation of henequen, the fiber of which was used in the production of rope and twine, as well as for the production of licor del henequén, a traditional Mexican alcoholic drink. By the beginning of the 20th century, manufacturing focused mainly on tobacco, molasses, rum, soap, and leather products.[19] Korean immigration to Mexico began in 1905 when more than a thousand people arrived in Yucatán from the city of Jemulpo. These first Korean immigrants settled around Mérida as workers in henequen plantations.
In August 1993, Pope John Paul II visited the city on his third trip to Mexico.[20] The city has been host to two bilateral United States – Mexico conferences, the first in 1999 (Bill Clinton – Ernesto Zedillo) and the second in 2007 (George W. Bush – Felipe Calderón, which resulted in the creation of the Mérida Initiative). Mérida hosted the VI Summit of Association of Caribbean States in April 2014. In recent years, important sports competitions have been held in Mérida, such as the World Cup of the World Archery Federation. The city has also hosted important scientific meetings such as the International Cosmic Ray Conference.
Mérida is located in the northwest part of the state of Yucatán, which occupies the northern portion of the Yucatán Peninsula. To the north is Progreso and the Gulf of Mexico. Valladolid and Tizimín are to the east, Celestún is to the west, and the city of Campeche is located to the southwest. There are many important Maya archae sites in the area, including Chichen Itza, Uxmal, Oxkintok, Sayil and Kabah.
The city is located near the center of the Chicxulub Crater. It has a very flat topography and is only 9 metres (30 ft) above sea level. The land outside of Mérida is covered with smaller scrub trees and former henequen fields. Almost no surface water exists, but several cenotes (sinkholes that provide access to underground springs and rivers) are found in the area.
Mérida has a centro histórico typical of colonial Spanish cities. The street grid is based on odd-numbered streets running east–west and even-numbered streets running north–south, with Calles 60 and 61 bounding the "Plaza Grande" in the heart of the city. The more affluent neighborhoods are located to the north and the most densely populated areas are to the south.
Mérida features a tropical savanna climate (Köppen: Aw).[21] The city lies in the trade wind belt close to the Tropic of Cancer, with the prevailing wind from the east. Mérida's climate is hot and its humidity is moderate to high, depending on the time of year. The average annual high temperature is 33.5 °C (92.3 °F), ranging from 30.6 °C (87.1 °F) in December to 36.3 °C (97.3 °F) in May, but temperatures often rise above 38 °C (100.4 °F) in the afternoon during this period. Low temperatures range between 17.2 °C (63.0 °F) in January to 21.7 °C (71.1 °F) in May. It is most often a few degrees hotter in Mérida than in coastal areas due to its inland location and low elevation. The rainy season runs from June through October, associated with the Mexican monsoon which draws warm, moist air landward. Easterly waves and tropical storms also affect the area during this season.
Mérida is the capital of the state of Yucatán. The offices of the governor of Yucatán, the Congress of Yucatán, and the Superior Court of Justice of Yucatán are all located within the city.
The municipal government is invested under the authority of a City Council (Ayuntamiento) which it is seated at the Municipal Palace of Merida, located in the historic center of the city. The City Council is presided by a municipal president or mayor, and an assembly conformed by a number of regents (regidores) and trustees (síndicos). Renán Barrera Concha became Mayor on September 1, 2018.
The Yucatán Peninsula, in particular the capital city Mérida, is in a prime coastal location which allows for economic growth. Mérida has been a popular location for investment.[25] This, in turn, has allowed the Yucatán economy to grow at three times the rate of the national average.[25]
In addition, the World Bank Group's Ease of Doing Business Index ranked Mérida fourth nationally in the category of ease of starting a business.[26]
The city is home to important national and local research institutes, like the Yucatan Scientific Research Center (Centro de Investigación Científica de Yucatán, CICY) of the National Council of Science and Technology (Consejo Nacional de Ciencia y Tecnología, Conacyt), a unit of the Center for Research and Advanced Studies of the National Polytechnic Institute (Centro de Investigación y de Estudios Avanzados, CINVESTAV Unidad Mérida), the Dr. Hideyo Noguchi Regional Research Center (Centro de Investigaciones Regionales Dr. Hideyo Noguchi) of the Autonomous University of Yucatan (CIR-UADY), the Yucatán Science and Technology Park (Parque Científico Tecnológico de Yucatán, PCYTY) and the Peninsular Center for Humanities and Social Sciences (Centro Peninsular en Humanidades y Ciencias Sociales, CEPHCIS) of the National Autonomous University of Mexico (UNAM).
Mérida has served as the American Capital of Culture in the years 2000 and 2017.[27]
As the state and regional capital, Mérida is a cultural center, featuring multiple museums, art galleries, restaurants, movie theatres, and shops. Mérida retains an abundance of colonial buildings and is a cultural center with music and dancing playing an important part in day-to-day life. At the same time it is a modern city with a range of shopping malls, auto dealerships, hotels, restaurants, and leisure facilities. The famous avenue Paseo de Montejo is lined with original sculpture. Each year, the MACAY Museum in Mérida mounts a new sculpture installation, featuring works from Mexico and one other chosen country. Each exhibit remains for 10 months of the year. In 2007, sculptures on Paseo de Montejo featured works by artists from Mexico and Japan.
Mérida and the state of Yucatán have traditionally been isolated from the rest of the country by geography, creating a unique culture. The conquistadors found the Maya culture to be incredibly resilient, and their attempts to eradicate Maya tradition, religion, and culture had only moderate success. The surviving remnants of the Maya culture can be seen every day, in speech, dress, and in both written and oral histories. It is especially apparent in holidays like Hanal Pixan, a Maya/Catholic Day of the Dead celebration. It falls on November 1 and 2 (one day for adults, and one for children) and is commemorated by elaborate altars dedicated to dead relatives. It is a compromise between the two religions with crucifixes mingled with skull decorations and food sacrifices/offerings. Múkbil pollo (pronounced/'mykβil pʰoÊŽoË€/) is the Maya tamal pie offered to the dead on All Saints' Day, traditionally accompanied by a cup of hot chocolate. Many Yucatecans enjoy eating this on and around the Day of the Dead. And, while complicated to make, they can be purchased and even shipped via air. (Muk-bil literally means "to put in the ground" or to cook in a pib, an underground oven).
For English speakers or would-be speakers, Mérida has the Mérida English Library,[28] a lending library with an extensive collection of English books, videos, tapes, and children's books. The library is also the site for expatriate meetings, children's storytelling hours, and other cultural events.
Mérida is also home to the Yucatán Symphony Orchestra, which plays regular seasons at the José Peón Contreras Theatre on Calle 60 and features classical music, jazz, and opera.[29]
Yucatán food is its own unique style and is very different from what most people consider "Mexican" food. It includes influences from the local Maya cuisine, as well as Caribbean, Mexican, European and Middle Eastern foods. Tropical fruit, such as coconut, pineapple, plum, tamarind and mamey are often used in Yucatán cuisine.
There are many regional dishes. Some of them are:
Achiote is a popular spice in the area. It is derived from the hard annatto seed found in the region. The whole seed is ground together with other spices and formed into a reddish seasoning paste, called recado rojo. The other ingredients in the paste include cinnamon, allspice berries, cloves, Mexican oregano, cumin seed, sea salt, mild black peppercorns, apple cider vinegar, and garlic.
Hot sauce in Mérida is usually made from the indigenous chiles in the area which include: Chile Xcatik, Chile Seco de Yucatán, and Chile Habanero.
The Spanish language spoken in the Yucatán is readily identifiable as different in comparison to the Spanish spoken all over the country, and even to non-native ears. It is heavily influenced by the Yucatec Maya language, which is spoken by a third of the population of the State of Yucatán. The Mayan language is melodic, filled with ejective consonants (p', k', and t') and "sh" sounds (represented by the letter "x" in the Mayan language). Even though many people speak Mayan, there is much stigma associated with it. It can be seen that elders were associated with higher status with knowledge of the language, but the younger generation saw more negative attitudes with knowledge of the language[30] This was also in direct correlation with the socioeconomic status and their overall placement in society. There is also the idea that one is not speaking in the "correct" manner of legitimate Mayan dialect, which also causes for more differences in the accent and overall language of the area.[30]
Due to being enclosed by the Caribbean Sea and the Gulf of Mexico, and being somewhat isolated from the rest of Mexico, Yucatecan Spanish has also preserved many words that are no longer used in many other Spanish-speaking areas of the world. However, over the years with the improvement of transportation and technology with the presence of radio, internet, and TV, many elements of the culture and language of the rest of Mexico are now slowly but consistently permeating the culture.
Apart from the Mayan language, which is the mother-tongue of many Yucatecans, students now choose to learn a foreign language such as English, which is taught in most schools.
Modern Mérida has expanded far beyond its original city walls, but many old Spanish colonial buildings and several old city gates can still be seen in the centro histórico, which is among the largest in the Americas. Many large and elaborate homes from the early 20th century still line the main avenue called Paseo de Montejo. For example, "Las Casas Gemelas" (The Twin Houses) are two side-by-side French and Spanish style mansions completed in 1911 by Camilo and Ernesto Cámara Zavala. Owned by the Barbachano and Molina Méndez families, they are two of only a few houses that are still used as residences on Paseo Montejo from that era. During the Porfiriato, the Barbachano house held cultural events that hosted artists, poets, and writers. In the mid-1900s, the Barbachanos hosted aristocrats including Princess Grace and Prince Ranier, as well as first lady of the U.S., Jacqueline Kennedy.[31]
The historical center of Mérida is currently undergoing a renaissance, as people and businesses move into these old buildings and restore them.[32] Many of these restored buildings now serve as office buildings for banks and insurance companies. Other important historic sites in the city include:
Several facilities can be found where to practice sports:
The city is home to the Mérida Marathon, held each year since 1986.[33]
City service is mostly provided by four local transportation companies: Unión de Camioneros de Yucatán (UCY), Alianza de Camioneros de Yucatán (ACY), Rápidos de Mérida, and Minis 2000. Bus transportation is at the same level or better than that of bigger cities like Guadalajara or Mexico City. Climate-controlled buses and micro-buses (smaller in size) are not uncommon.
As of 2024 the privately owned city bus system is being replaced by a new municipal system called "Va y Ven".[34]
Ie-Tram Yucatán is a bus rapid transit (BRT) system opening in December 2023.[35]
The main bus terminal (CAME) offers first-class (ADO) and luxury services (ADO PLATINO, ADO GL) to most southern Mexico cities outside Yucatán with a fleet consisting of Mercedes Benz and Volvo buses. Shorter intrastate routes are serviced by many smaller terminals around the city, mainly in downtown.
Several groups and unions offer taxi transportation: Frente Único de los Trabajadores del Volante (FUTV) (white taxis), Unión de Taxistas Independientes (UTI), and Radiotaxímetros de Yucatán, among others. Some of them offer metered service, but most work based on a flat rate depending on destination. Competition has made it of more common use than it was years ago.
Taxis can be either found at one of many predefined places around the city (Taxi de Sitio), waved down along the road, or called in by radio. Unlike the sophisticated RF counterparts in the US, a Civil Band radio is used and is equally effective. Usually a taxi will respond and arrive within 5 minutes.
Another type of taxi service is called "Colectivo". Colectivo taxis work like small buses on a predefined route and for a small fare. Usually accommodating 8 to 10 people.
Uber, DiDi, and inDrive also offer services in Mérida.
Mérida (IATA: MID, ICAO: MMMD) is serviced by Manuel Crescencio Rejón International Airport with daily non-stop services to major cities in Mexico including Mexico City, Monterrey, Villahermosa, Cancún, Guadalajara, Tuxtla Gutierrez, and Toluca. The airport has international flights to Miami, Houston, La Havana and Toronto. As of 2006[update] more than 1 million passengers were using this airport every year, (1.3 in 2007).[36] The airport is under ASUR administration.
Mérida was the hub of an extensive narrow gauge railway network that operated in the states of Yucatán and Campeche beginning in 1902. This system was merged into Ferrocarriles Unidos del Sureste in 1975, and later merged into Ferrocarriles Chiapas-Mayab. In 2016, The Secretary of Communications and Transportation revoked the concession.[37]
Current passenger train service to Mérida is provided by Tren Maya which runs from Palenque, Chiapas to Cancún, Quintana Roo, continuing on to Playa del Carmen. It stops at Teya Mérida railway station, 8 km (5.0 mi) east of the city.[38]
Main roads in and out of Mérida:
Mérida has many regional hospitals and medical centers. All of them offer full services for the city, and in case of the regional hospitals, for the whole Yucatán peninsula and neighboring states.
The city has one of the more prestigious medical faculties in Mexico (UADY). Proximity to American cities like Houston allow local doctors to crosstrain and practice in both countries making Mérida one of the best cities in Mexico in terms of health services availability.
Hospitals:
In 2000, the Mérida municipality had 244 preschool institutions, 395 elementary, 136 Jr. high school (2 years middle school, 1 high), 97 High Schools and 16 Universities/Higher Education schools. Mérida has consistently held the status of having the best performing public schools in Mexico since 1996. The public school system is regulated by the Secretariat of Public Instruction.[39] Attendance is required for all students in the educational system from age 6 up to age 15.[39] Once students reach high school, they are given the option of continuing their education or not; if they chose to do so they are given two tracks in which they can graduate.[39]
Nevertheless, education in Merida has a variety of quality throughout the city. This mainly has to do with the different social strata and where they reside. Mayan indigenous population are at the bottom of the spectrum and this can be represented in the type of education that the children are receiving. Upper class is usually located in the north, as it is less populated and has higher living costs.[40] For the most part, private schools are located in the northern part of the city. The only students who attend these schools are those of high class and of non-Maya descent.[41] A distressing statistic of how this affects the indigenous communities can be noted, "In Yucatan only 8.9 % of the Mayans have achieved junior high and solely the 6.6% have studied beyond that point. The 83.4% of the Mayans 15 years old and older dropped out of school before finishing junior high."[42]
Many laws have been set in place to avoid discrimination between the Spanish speakers and the Mayan speakers as the "Law says that it is a duty of the Mexican State to guarantee – guarantee, not just try, not just attempt – that the indigenous population has access to the obligatory education, bilingual and intercultural in their methods and contents."[42] Despite this having been set into law, there is no bilingual or cultural accepting program after elementary school.[42] The system for indigenous education only serves about one third of the Mayan speaking population of the area.[42] Many Maya[43] children are forced to learn Spanish and cease using their native tongue, which may be challenging for them to do. This in turn causes many of the students to feel that learning at school is not their strong suit and may even end up dropping out early in their education.[42]
There are several state institutions offering higher education:
Among several private institutions:
Mérida has several national research centers. Among them
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.[1][2] In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.[3]
Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals.
In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state.[3]
The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy.[4] The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while the term "appraising" was more used in North America.[5] Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel's 1758 treatise The Law of Nations which conceptualized the idea of private property.[6]
One of the largest initial real estate deals in history known as the "Louisiana Purchase" happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the "Louisiana Territory" as the land was bought from France for fifteen million dollars, making each acre roughly 4 cents.[7] The oldest real estate brokerage firm was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner".[8] In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term "realtor" was coined to identify real estate professionals.[9]
The stock market crash of 1929 and the Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929.[10] Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as the Federal Housing Administration.[11] In 1938, an amendment was made to the National Housing Act and Fannie Mae, a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded.[12]
Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with the incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes.[13] Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999.
Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes.[14]
Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.[15]
According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier.[16]
Other categories
The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre.
See List of house types for a complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information.
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate.[17]
Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment.
Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being the environmental responsiveness, resource efficiency, and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure, LEED, conservation development, and sustainability developments.
Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019 was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings.[18]
Real estate development involves planning and coordinating of housebuilding, real estate construction or renovation projects.[19] Real estate development can be less cyclical than real estate investing.[20]
In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but "flipping" involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as a way for corrupt foreign government officials and business people from countries without strong rule of law to launder money or to protect it from seizure.[21] Investment in real estate can be categorized by financial risk into core, value-added, and opportunistic.[22]
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