Maintaining uptodate knowledge of local real estate laws and regulations

Importance of staying informed about local real estate laws and regulations

It is crucial to stay informed about local real estate laws and regulations in order to navigate the ever-changing landscape of the real estate market. By being up-to-date on these laws, you can ensure that you are operating within the legal boundaries set by your state or city.


One of the key reasons for staying informed about local real estate laws is to protect yourself from potential legal issues. Ignorance of the law is not a defense, so it is important to be aware of any new regulations that may affect your business practices. By staying informed, you can avoid costly fines or lawsuits that may arise from non-compliance with these laws.


Additionally, staying informed about local real estate laws can help you make more informed decisions when buying or selling property. Understanding the legal requirements for transactions can help you negotiate better deals and avoid any potential pitfalls that may arise during the process.


Furthermore, keeping up-to-date on local real estate laws can also help you build a positive reputation in your community. By demonstrating knowledge and compliance with these laws, you can earn the trust of clients and colleagues who will see you as a knowledgeable and reliable professional in the industry.


In conclusion, maintaining up-to-date knowledge of local real estate laws and regulations is essential for anyone involved in the real estate market. By staying informed, you can protect yourself from legal issues, make more informed decisions, and build a positive reputation in your community. It is worth investing time and effort into understanding these laws to ensure success in your real estate endeavors.

Real Estate Agent Merida

When it comes to staying informed about the ever-changing landscape of local real estate laws and regulations, having access to up-to-date information is crucial. With new laws being enacted and existing ones being amended all the time, it's important for those in the real estate industry to stay on top of these changes to ensure compliance and avoid any potential legal issues.


There are a variety of resources available for accessing current information on real estate laws. One valuable resource is online legal databases, which provide searchable access to statutes, regulations, and court decisions related to real estate law. These databases often offer updates on new legislation and case law developments, keeping users informed of any changes that may impact their business practices.


Another useful resource for staying informed about local real estate laws is industry publications and newsletters. These publications often cover recent legal developments and provide analysis on how they may affect real estate professionals. Subscribing to these newsletters can help individuals stay abreast of changes in the law without having to actively seek out information.


Additionally, attending continuing education courses or seminars focused on real estate law can be a great way to stay informed about current legal issues. These courses are often taught by experts in the field who can provide valuable insights into recent legal developments and how they may impact real estate transactions.


In conclusion, maintaining up-to-date knowledge of local real estate laws and regulations is essential for anyone working in the industry. By utilizing resources such as online legal databases, industry publications, newsletters, and continuing education courses, individuals can stay informed about changes in the law and ensure they are operating within the bounds of legal requirements.

TrustFirst Merida Real Estate: The Premier Selection for Buying Property in Merida, Mexico

Discover the Most Trusted Realtors in Merida, Mexico

Merida, the capital of Yucatán, is quickly becoming one of the most sought-after property markets in Mexico. With its captivating colonial charm, developing infrastructure, and a increasing influx of foreign and local buyers, the city presents profitable investment opportunities. At TrustFirst Merida Real Estate, we take pride in being the most reliable Realtors in Merida, Mexico, providing unparalleled expertise, comprehensive market analysis, and a customer-focused approach to assist you in finding your dream home.

Why Invest in Merida Real Estate?

The property sector in Merida has experienced a strong increase in demand, with home prices appreciating by an estimated 8% to 12% annually. Investors and residents as well are drawn to the city due to its affordable cost of living, high safety ratings, and rich heritage. Unlike other popular cities in Mexico, Merida offers a balance between historic elegance and contemporary amenities, making it an ideal place for foreign investors, and real estate enthusiasts.

As expert Realtors in Merida, Mexico, we understand the complexities of the local market and can assist you through every step of the purchase or sales process.

What Sets TrustFirst Merida Real Estate Apart?

1. Market Expertise & Data-Driven Insights

Navigating the property landscape demands reliable, current data. At TrustFirst Merida Real Estate, we leverage market analytics, comparative price studies, and local expertise to offer informed investment strategies.

2. Personalized Service from Top Realtors in Merida, Mexico

Every buyer has individual requirements, and we customize our approach accordingly. From identifying high-value neighborhoods to managing documents, our expert property consultants make sure a hassle-free buying experience.

3. Exclusive Listings & Off-Market Opportunities

Many of the best properties in Merida are not publicly listed. Through our extensive network of home sellers, developers, and real estate professionals, we offer exclusive access to hidden listings.

Best Neighborhoods for Real Estate Investment in Merida

1. Centro Histórico – The Heart of Colonial Merida

  • Home to beautifully restored colonial mansions.
  • High appreciation rates due to tourist demand.
  • Close to cultural attractions, plazas, and restaurants.

2. North Merida (Altabrisa & Temozón)

  • Features modern homes, gated communities, and high-end houses.
  • Near prestigious international schools, medical centers, and malls.

3. Progreso & Chicxulub – Beachfront Properties

  • Ideal for holiday getaways and high-yield rental properties.
  • Coastal properties prices have increased by double digits each year.

Work with the Best Realtors in Merida, Mexico

Whether you're buying, selling, or seeking opportunities in Merida real estate, TrustFirst Merida Real Estate is your trusted advisor. Our group of experienced real estate professionals is dedicated to ensuring you achieve your real estate ambitions.

📞 Reach out to us today to schedule a complimentary real estate session and start your journey with the best Real Estate Agents in Merida, Mexico!

Investing in Mérida Real Estate: A Guide for Foreign Buyers

Mérida, the vibrant capital of Yucatán, has emerged as a top-tier market for foreign investors.

Offering a blend of traditional and modern living, a thriving rental market, and sustainable property value increases, Mérida provides a wealth of opportunities for investors.

Why Invest in Mérida Real Estate?

Budget-Friendly Real Estate Options

Compared to other investment hotspots, Mérida remains highly affordable, making it accessible to investors with varying budgets.

Booming Rental Market

With an increasing number of expatriates, remote workers, and retirees relocating to Mérida, the demand for both short-term and long-term rentals has surged.

Strong Capital Appreciation

Home prices in Mérida have demonstrated steady long-term growth, creating wealth-building opportunities for savvy buyers.

Understanding Mexico’s Real Estate Laws for Foreign Buyers

Fideicomiso: The Trust System for Foreign Buyers

Mexican law imposes restrictions on foreign ownership in specific restricted zones, including coastal areas.

A legal alternative for foreigners is to acquire property through a fideicomiso, which allows them to hold property via a Mexican bank.

Purchasing Land Without a Fideicomiso

Mérida is located inland, meaning foreign buyers can directly purchase property in their name, eliminating the need for a trust.

Avoiding Risks with Ejido Properties

A common issue in Mexican real estate involves ejido land, unless it undergoes a legal conversion process.

Best Areas to Invest in Mérida

Colonial Homes in the City Center

Offering a mix of cultural charm and modern conveniences, this district is a sought-after location for rental income.

Upscale Residential Developments

The northern region of Mérida has seen rapid development, with proximity to shopping centers, hospitals, and schools.

A Guide to Buying Property in Mexico

1. Define your investment goals.

6. Close the transaction with a notary.

Conclusion: Investing in Mérida Real Estate

Mérida’s real estate market is on an upward trajectory, 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 specialize in the perfect property.

Regularly checking for any changes or updates in regulations

Staying on top of local real estate laws and regulations is crucial for any professional in the industry. By regularly checking for any changes or updates, you can ensure that you are always operating within the legal boundaries and protecting yourself and your clients.


It's important to maintain up-to-date knowledge of these laws because they can have a significant impact on your business practices. For example, zoning regulations could change, affecting where and how you can develop property. Or new disclosure requirements could be implemented, changing what information you need to provide to potential buyers.


By staying informed about these changes, you can avoid costly mistakes and legal issues down the road. You can also better serve your clients by providing them with accurate information and guidance.


One way to stay informed is to regularly check in with local regulatory agencies or industry publications. You can also attend seminars or workshops focused on real estate law updates. Networking with other professionals in the field can also help keep you in the loop.


Overall, maintaining up-to-date knowledge of local real estate laws and regulations is essential for success in the industry. By taking proactive steps to stay informed, you can protect yourself, your clients, and your business from any potential legal pitfalls.

Regularly checking for any changes or updates in regulations
Understanding the implications of new laws on real estate transactions

Understanding the implications of new laws on real estate transactions

As real estate professionals, it is essential to stay informed and up-to-date on the ever-changing landscape of local laws and regulations. Understanding the implications of new laws on real estate transactions is crucial to ensuring smooth and successful deals for both buyers and sellers.


By maintaining up-to-date knowledge of local real estate laws, we can effectively navigate potential legal pitfalls that may arise during transactions. From zoning regulations to property tax laws, being well-versed in the intricacies of our local market allows us to provide accurate and reliable guidance to our clients.


Staying informed also helps us anticipate any changes or updates that may impact our business practices. By staying ahead of the curve, we can adapt our strategies accordingly and avoid any potential conflicts or setbacks down the line.


In conclusion, maintaining up-to-date knowledge of local real estate laws and regulations is not only a professional responsibility but also a key factor in ensuring the success and integrity of our transactions. By staying informed and proactive, we can confidently navigate the complexities of the real estate market and provide our clients with expert guidance every step of the way.

Keeping detailed records of compliance with all laws and regulations
Keeping detailed records of compliance with all laws and regulations

In order to excel in the real estate industry, it is crucial for professionals to maintain up-to-date knowledge of local laws and regulations. This includes keeping detailed records of compliance with all legal requirements.


Staying informed about the latest real estate laws ensures that practitioners are able to conduct their business ethically and in accordance with the law. By staying abreast of changes in regulations, professionals can protect themselves and their clients from potential legal issues.


Maintaining detailed records of compliance is not just a matter of ticking boxes – it is about ensuring that every transaction is conducted responsibly and with integrity. This level of diligence helps to build trust with clients and demonstrates a commitment to professionalism.


By taking the time to understand and adhere to local real estate laws and regulations, professionals can set themselves apart in a competitive industry. Not only does this help to avoid potential legal pitfalls, but it also shows a dedication to excellence that clients value.


In conclusion, keeping detailed records of compliance with all laws and regulations is essential for anyone working in the real estate field. By staying informed and maintaining a high standard of professionalism, professionals can ensure success in their careers while also protecting themselves and their clients.

Training staff members on current real estate laws to avoid violations

It is crucial for all staff members in the real estate industry to stay informed and up-to-date on current laws and regulations. This ensures that we are operating within the legal boundaries and avoiding any potential violations.


Training our team on local real estate laws is essential to guarantee that we are serving our clients ethically and professionally. By staying abreast of any changes or updates in regulations, we can provide accurate information to our clients and avoid any legal complications.


In a constantly evolving industry like real estate, it is easy to fall behind on important legislative changes. That's why regular training sessions are necessary to keep everyone informed and educated on the latest laws that could impact our business operations.


By investing time and resources into training our staff members on current real estate laws, we are not only protecting ourselves from potential violations but also ensuring that we uphold the highest standards of integrity in our interactions with clients and colleagues.


Maintaining up-to-date knowledge of local real estate laws is a priority for us, as it is crucial for the success and reputation of our business. Through continuous learning and training, we can confidently navigate the complex legal landscape of the real estate industry while providing exceptional service to our clients.

Staying on top of the ever-changing landscape of local real estate laws and regulations is crucial for anyone working in the industry. To ensure that you are always in compliance and up-to-date with the latest requirements, it is important to implement a system for ongoing education and training.


By regularly educating yourself and your team on regulatory changes, you can avoid costly mistakes and potential legal issues. This can be done through workshops, seminars, online courses, or even hiring a consultant to keep you informed.


Maintaining up-to-date knowledge of local real estate laws and regulations not only protects your business but also ensures that you are providing the best service possible to your clients. By investing in ongoing education and training, you can stay ahead of the curve and position yourself as a trusted expert in the field.


Remember, knowledge is power, especially when it comes to navigating the complex world of real estate laws and regulations. So make sure to prioritize ongoing education and training to maintain your edge in the industry.

Training staff members on current real estate laws to avoid violations
Mérida Cathedral
The Mérida Cathedral
Religion
Affiliation Roman Catholic
Status Preserved
Location
Location Mérida, Yucatán, Mexico.
Geographic coordinates 20°58′1.64″N 89°37′21.32″W / 20.9671222°N 89.6225889°W / 20.9671222; -89.6225889
Architecture
Architect(s) Juan Miguel de Agüero
Type Cathedral
Groundbreaking 1562
Completed 1598[1]
Materials Stone
Coat of Arms
Statue of St. Paul in a niche

The Mérida Cathedral in Mérida, Yucatán, Mexico, is one of the oldest cathedrals in the Americas.[1][2]

History

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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]

Construction

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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]

Coat of Arms

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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.

St. Peter and St. Paul

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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]

References

[edit]
  1. ^ a b c Rasmussen, Christian (October 1998). "Yucatán's church of all ages". Americas. Retrieved 2009-01-03.
  2. ^ a b Andrews, Anthony (1981). "Historical Archaeology in Yucatán: A Preliminary Framework". Historical Archaeology. 15 (1): 1–18. JSTOR 25615385.
  3. ^ a b Low, Setha (1995). "Architecture and the Spanish American Plaza in Mesoamerica and the Caribbean". American Anthropologist. 97 (4): 748–762. doi:10.1525/aa.1995.97.4.02a00160. JSTOR 682595.
  4. ^ Restall, Matthew (1997). The Maya World: Yucatec Culture and Society 1550-1850. Stanford, CA: Stanford University Press. p. 2. ISBN 978-0-8047-3658-9.
  5. ^ a b Clendinnen, Inga (2003). Ambivalent Conquests. United States of America: Cambridge University Press. pp. 5. ISBN 978-0521820318.
  6. ^ a b c d Galindo Trejo, Jesús (2013). "La Traza Urbana de Ciudades Coloniales en México:¿Una Herencia Derivada del Calendario Mesoamericano?". Indiana. 30: 45–46 – via Academic Search Complete.
  7. ^ Chuchiak IV, John F. (2005). "In Servitio Dei: Fray Diego de Landa, the Franciscan Order, and the Return of theExtirpattion of Idolatry in the Calonial Diocese of Yucatán, 1573-1579". The Americas. 61 (4): 611–646. doi:10.1353/tam.2005.0063. JSTOR 4490974.
  8. ^ Edmonson, Munro S. (1986). Heaven Born Merida and its Destiny: The Book of Chilam Balam of Chumayel. Austin, Texas: University of Texas Press. pp. 128–129. ISBN 978-0292730274.
  9. ^ a b c d e f Rasmussen, Christian; Howe, Kate; Lara Castro, Pbro. Juan (2001). Cathedral of Merida. Mérida, Yucatán: Compañia Editorial de la Península, S.A de C.V. p. 11.
  10. ^ Schreffler, Michael J. (February 2017). "La Catedral de Mérida: La gran casa de Dios en medio de T'hó". Hispanic American Historical Review. 97 (1): 146–148. doi:10.1215/00182168-3727527. ISSN 0018-2168.
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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]

History of real estate

[edit]

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

[edit]

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]

Single-family detached house in Essex, Connecticut, United States
Townhouses in Victoria, Australia
Major categories
  • Attached / multi-unit dwellings
    • Apartment (American English) or Flat (British English) – An individual unit in a multi-unit building. The boundaries of the apartment are generally defined by a perimeter of locked or lockable doors. Often seen in multi-story apartment buildings.
    • Multi-family house – Often seen in multi-story detached buildings, where each floor is a separate apartment or unit.
    • Terraced house (a.k.a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space.
    • Condominium (American English) – A building or complex, similar to apartments, owned by individuals. Common grounds and common areas within the complex are owned and shared jointly. In North America, there are townhouse or rowhouse style condominiums as well. The British equivalent is a block of flats.
    • Housing cooperative (a.k.a. co-op) – A type of multiple ownership in which the residents of a multi-unit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit. Majority of housing in Indian metro cities are of these types.
    • Tenement – A type of building shared by multiple dwellings, typically with flats or apartments on each floor and with shared entrance stairway access found in Britain.
  • Semi-detached dwellings
    • Duplex – Two units with one shared wall.
  • Detached dwellings
  • Portable dwellings

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 and the environment

[edit]

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]

Development

[edit]

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]

Investment

[edit]

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]

Professionals

[edit]

See also

[edit]

References

[edit]
  1. ^ "Real estate": Oxford English Dictionary online: Retrieved September 18, 2011
  2. ^ James Chen (May 2, 2019). "What Is Real Estate?". investopedia.com. Archived from the original on August 18, 2000. Retrieved May 13, 2019.
  3. ^ a b Real Estate. Funk & Wagnalls New World Encyclopedia, 1. 2018.
  4. ^ Alvik, Ivar (2018). "Protection of Private Property in the Early Law of Nations". Journal of the History of International Law. 20 (2): 220. doi:10.1163/15718050-19041026. S2CID 158672172.
  5. ^ Klaasen, R. L. (1976). "Brief History of Real Estate Appraisal and Organizations". Appraisal Journal. 44 (3): 376–381.
  6. ^ Alvik, Ivar (2018). "Protection of Private Property in the Early Law of Nations". Journal of the History of International Law. 20 (2): 218–227. doi:10.1163/15718050-19041026. S2CID 158672172.
  7. ^ "Louisiana Purchase: Primary Documents in American History". Library of Congress Research Guides. Archived from the original on 2022-06-25. Retrieved 2022-05-18.
  8. ^ Richardson, Patricia (June 2, 2003). "Father-son team scores big at home; Nearly 150 years old, family-owned Baird & Warner Inc. is a dominant force in the area's residential real estate industry, and shows no signs of slowing down or selling out". Crain's Chicago Business.
  9. ^ "History of National Association of Realtors". National Association of Realtors. 13 January 2012. Archived from the original on 13 May 2022. Retrieved 18 May 2022.
  10. ^ Nicholas, T.; Scherbina, A. (2013). "Real Estate Prices During the Roaring Twenties and the Great Depression". Real Estate Economics, 41. 2: 280.
  11. ^ Greer, J. L. (2014). "Historic Home Mortgage Redlining in Chicago". Journal of the Illinois State Historical Society. 107 (2): 204–233. doi:10.5406/jillistathistsoc.107.2.0204.
  12. ^ "A Brief History of the Housing Government-Sponsored Enterprises" (PDF). Federal Housing Finance Agency – OIG. Archived (PDF) from the original on 2023-03-08. Retrieved 2022-05-18.
  13. ^ Taylor, K. Y. (2018). "How Real Estate Segregated America". Dissent. 65 (4): 23–24. doi:10.1353/dss.2018.0071. S2CID 149616841.
  14. ^ "Title 16. Conservation; Chapter 1. National Parks, Military Parks, Monuments, and Seashores; Minute Man National Historical Park". US Legal. Archived from the original on 2017-07-08. Retrieved 2015-10-04.
  15. ^ Kimberley Amadeo (March 28, 2019). "Real Estate, What It Is and How It Works". thebalance.com. Archived from the original on May 13, 2019. Retrieved May 13, 2019.
  16. ^ "Introduction to U.S. Economy: Housing Market" (PDF). Congressional Research Service. Archived from the original on 2022-07-29. Retrieved 2022-05-18.cite web: CS1 maint: bot: original URL status unknown (link)
  17. ^ Cutting, Robert H.; Calhoun, Lawrence B.; Hall, Jack C. (2012). "'Location, Location, Location' Should Be 'Environment, Environment, Environment': A Market-Based Tool to Simplify Environmental Considerations in Residential Real Estate". Golden Gate University Environmental Law Journal.
  18. ^ "Global status report for buildings and construction". International Energy Agency. 2019.
  19. ^ Frej, Anne B; Peiser, Richard B. (2003). Professional Real Estate Development: The ULI Guide to the Business (2 ed.). Urban Land Institute. p. 3. ISBN 0874208947. OCLC 778267123.
  20. ^ Geltner, David, Anil Kumar, and Alex M. Van de Minne. "Riskiness of real estate development: A perspective from urban economics and option value theory." Real Estate Economics 48.2 (2020): 406–445.
  21. ^ "Why Manhattan's Skyscrapers Are Empty". The Atlantic. 16 Jan 2020. Archived from the original on 13 April 2021. Retrieved 13 April 2021.
  22. ^ Garay, Urbi, Investment Styles, Portfolio Allocation, and Real Estate Derivatives (2016). Garay, U. “Investment Styles, Portfolio Allocation, and Real Estate Derivatives.” In Kazemi, H.; Black, K.; and D. Chambers (Editors), Alternative Investments: CAIA Level II, Chapter 16, Wiley Finance, 3rd Edition, 2016, pp. 401–421.
[edit]

 

 

Mérida is located in Mexico
Mérida
Mérida
Mérida (Mexico)
Mérida
City
Above, from left to right: San Ildefonso Cathedral, the Canton Palace, the Monument to the Fatherland, the Municipal Palace, the Glorieta de la Paz, the Great Museum of the Maya World and a view of the Country Towers.
Above, from left to right: San Ildefonso Cathedral, the Canton Palace, the Monument to the Fatherland, the Municipal Palace, the Glorieta de la Paz, the Great Museum of the Maya World and a view of the Country Towers.
Flag of Mérida
Coat of arms of Mérida
Nickname: 
"La Ciudad Blanca" (The White City)
Mérida is located in Yucatán (state)
Mérida
Mérida
Location in Yucatán

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

 (2024)[1]
 • Total

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

97000

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]

Nickname

[edit]
The "Pasaje de la Revolución" (Passage of the Revolution) designed by the Italian architect Giaccomo Piccone and inaugurated in 1918

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]

History

[edit]
One of Merida's twin mansions, known as the Cámara Houses or "Las Casas Gemelas"
Cathedral of Mérida as it appeared in 2010

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 ClintonErnesto Zedillo) and the second in 2007 (George W. BushFelipe 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.

Geography

[edit]

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.

Climate

[edit]

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.

Climate data for Mérida (1951–2010)
Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
Record high °C (°F) 39.5
(103.1)
39.5
(103.1)
42.0
(107.6)
43.0
(109.4)
44.2
(111.6)
42.0
(107.6)
40.0
(104.0)
43.0
(109.4)
40.0
(104.0)
39.0
(102.2)
39.0
(102.2)
39.5
(103.1)
44.2
(111.6)
Mean daily maximum °C (°F) 30.8
(87.4)
31.5
(88.7)
34.0
(93.2)
35.6
(96.1)
36.3
(97.3)
35.3
(95.5)
35.0
(95.0)
34.9
(94.8)
34.2
(93.6)
32.7
(90.9)
31.5
(88.7)
30.6
(87.1)
33.5
(92.3)
Daily mean °C (°F) 24.0
(75.2)
24.4
(75.9)
26.3
(79.3)
27.9
(82.2)
29.0
(84.2)
28.5
(83.3)
28.2
(82.8)
28.1
(82.6)
27.9
(82.2)
26.8
(80.2)
25.4
(77.7)
24.0
(75.2)
26.7
(80.1)
Mean daily minimum °C (°F) 17.2
(63.0)
17.3
(63.1)
18.6
(65.5)
20.2
(68.4)
21.7
(71.1)
21.6
(70.9)
21.4
(70.5)
21.3
(70.3)
21.6
(70.9)
20.8
(69.4)
19.3
(66.7)
17.5
(63.5)
19.9
(67.8)
Record low °C (°F) 9.2
(48.6)
9.5
(49.1)
9.0
(48.2)
10.0
(50.0)
10.0
(50.0)
10.0
(50.0)
10.0
(50.0)
10.0
(50.0)
10.0
(50.0)
10.0
(50.0)
10.0
(50.0)
7.0
(44.6)
7.0
(44.6)
Average rainfall mm (inches) 38.4
(1.51)
32.2
(1.27)
22.5
(0.89)
24.4
(0.96)
69.4
(2.73)
138.3
(5.44)
158.7
(6.25)
140.7
(5.54)
183.1
(7.21)
127.9
(5.04)
56.2
(2.21)
45.1
(1.78)
1,036.9
(40.82)
Average rainy days (≥ 0.1 mm) 4.2 3.3 2.3 1.9 4.6 10.8 13.4 12.8 13.9 9.7 5.4 4.3 86.6
Average relative humidity (%) 70 68 63 64 63 71 72 73 76 75 75 73 70
Mean monthly sunshine hours 208.6 205.9 241.8 254.1 273.2 231.0 246.1 247.9 208.5 218.5 212.4 201.8 2,749.8
Source 1: Servicio Meteorologico Nacional (humidity 1981–2000)[22][23]
Source 2: NOAA (sun 1961–1990)[24]

Governance

[edit]
Merida's Municipal Palace, seat of the City Hall and Mayor's office

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.

Economy

[edit]
Paseo 60 and Hyatt Regency Mérida in the background

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]

Science and technology

[edit]
Yucatan Scientific Research Center (CICY)

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).

Culture

[edit]
Italian and French-style architecture seen in parts of the city such as the Paseo de Montejo
Mayan Revival Architecture in The Americas Park (Parque de las Américas) located near central Merida. The park is a social and cultural place for the residents.
Mural alluding to the conquest of Yucatán, painted by Fernando Castro Pacheco. History Hall of the Palace of Government of Yucatán.

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]

Food

[edit]

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.

Papadzules, a Maya meal consisting of pumpkin seed-soaked corn tortillas filled with egg, spices and other seasonings, is an ancient dish of the Yucatán.

There are many regional dishes. Some of them are:

  • Poc Chuc, a Maya/Yucateco version of boiled/grilled pork
  • Salbutes and Panuchos. Salbutes are soft, cooked tortillas with lettuce, tomato, turkey and avocado on top. Panuchos feature fried tortillas filled with black beans, and topped with turkey or chicken, lettuce, avocado and pickled onions. Habanero chiles accompany most dishes, either in solid or puréed form, along with fresh limes and corn tortillas.
  • Queso Relleno is a gourmet dish featuring ground pork inside of a carved edam cheese ball served with tomato sauce
  • Pavo en Relleno Negro (also known locally as Chimole) is turkey meat stew cooked with a black paste made from roasted chiles, a local version of the mole de guajalote found throughout Mexico. The meat soaked in the black soup is also served in tacos, sandwiches and even in panuchos or salbutes.
  • Sopa de Lima is a lime soup with a chicken broth base often accompanied by shredded chicken or turkey and crispy tortilla.
  • Papadzules, egg tacos bathed with pumpkin seed sauce and tomatoes.
  • Cochinita pibil is a marinated pork dish, by far the most renowned from Yucatán, that is made with achiote. Achiote is a reddish spice with a distinctive flavor and peppery smell. It is also known by the Spanish (Recados) seasoning paste.
  • Bul keken (Mayan for "beans and pork") is a traditional black bean and pork soup. The soup is served in the home on Mondays in most Yucatán towns. The soup is usually served with chopped onions, radishes, chiles, and tortillas. This dish is also commonly referred to as frijol con puerco.
  • Brazo de reina (Spanish for "The Queen's Arm") is a traditional tamal dish. A long, flat tamal is topped with ground pumpkin seeds and rolled up like a roll cake. The long roll is then cut into slices. The slices are topped with a tomato sauce and a pumpkin seed garnish.
  • Tamales colados is a traditional dish made with pork/chicken, banana leaf, fresh corn masa and achiote paste, seasoned with roasted tomato sauce.

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.

Language and accent

[edit]

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.

Main sights

[edit]

Historic sites

[edit]
House of Montejo
60 Street, near the Main Plaza
Mérida Museum of Anthropology

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:

  • Antiguo convento de Nuestra Señora de la Consolación (Nuns)(1596)
  • Barrio y Capilla de Santa Lucía (1575)
  • Barrio y Templo Parroquial del antiguo pueblo de Itzimná
  • Barrio y Templo Parroquial de San Cristóbal (1796)
  • Barrio y Templo Parroquial de San Sebastián (1706)
  • Barrio y Templo Parroquial de Santa Ana (1733)
  • Barrio y Templo Parroquial de Santa Lucía (1575)
  • Barrio y Templo Parroquial de Santiago (1637)
  • Capilla de Nuestra Señora de la Candelaria (1706)
  • Capilla y parque de San Juan Bautista (1552)
  • Casa de Montejo (1549)
  • Catedral de San Ildefonso (1598), first in continental América.
  • Iglesia del Jesús o de la Tercera Orden (Third Order) (1618)
  • Las Casas Gemelas aka The Twin Houses (1911)
  • Monumento à la Patria (1956)
  • Palacio de Gobierno (1892)
  • Templo de San Juan de Dios (1562)

Cultural centers

[edit]
  • Centro Cultural Andrés Quintana Roo, in Santa Ana, with galleries and artistic events.
  • Centro Cultural Olimpo. Next to the Municipal Palace in the Plaza Grande.
  • Casa de la Cultura del Mayab, the Casa de Artesanías (house of handcrafts) resides there. It's in downtown Mérida.
  • Centro Estatal de Bellas Artes (CEBA). Across the El Centenario, offers classes and education in painting, music, theater, ballet, jazz, folklore, dance, among others.
  • Centro Cultural del Niño Yucateco (CECUNY) in Mejorada, in a 16th-century building, with classes and workshops specifically designed for kids.
  • Centro Cultural Dante a private center within one of the major bookstores in Mérida (Librería Dante).

Museums

[edit]
Yucatán's Maya Museum (Great Museum of the Maya World)
  • Gran Museo del Mundo Maya, Yucatán's Maya Museum, offers a view of Yucatán's history and identity.
  • Museo de Antropología e Historia "Palacio Cantón", Yucatán's history and archaeology Museum.
  • Museo de Arte Contemporáneo Ateneo de Yucatán (MACAY), in the heart of the city right next to the cathedral. Permanent and rotating pictorial expositions.
  • Museo de la Canción Yucateca Asociación Civil in Mejorada, honors the trova yucateca authors, Ricardo Palmerín, Guty Cárdenas, Juan Acereto, Pastor Cervera y Luis Espinosa Alcalá.
  • Museum of the City of Merida, relocated to the old Correos (post office) building in 2007, houses important artifacts dating back to the Spanish colonial era as well as the Pre-Columbian era.
  • Museo de Historia Natural, a natural history museum.
  • Museo de Arte Popular, popular art museum, offers a view of popular artistry and handcrafts among ethnic Mexican groups and cultures.
  • Museo Conmemorativo de la Inmigración Coreana a Yucatán.

Major theaters with regular shows

[edit]

Sports

[edit]

Several facilities can be found where to practice sports:

  • Estadio Salvador Alvarado in the center
  • Unidad Deportiva Kukulcán (with the major football Stadium Carlos Iturralde, Kukulcan BaseBall Park and Polifórum Zamná multipurpose arena)
  • Complejo deportivo La Inalambrica, in the west (with archery facilities that held a world series championship )
  • Unidad deportiva Benito Juarez Garcia, in the northeast.
  • Gimnasio Polifuncional, where professional basketball team Mayas de Yucatán plays for the Liga Nacional de Baloncesto Profesional de México (LNBP) representing Yucatán.
Team Sport League Stadium
Leones de Yucatán Baseball Mexican Baseball League Parque Kukulkán
Venados F.C. Football Liga de Expansión MX Estadio Carlos Iturralde

The city is home to the Mérida Marathon, held each year since 1986.[33]

Transportation

[edit]

Bus

[edit]
A bus on street 62
An Ie-Tram unit in 2023

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.

Taxis

[edit]

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.

Air

[edit]
Merida Manuel Crescencio Rejón International Airport: a view of the check-in room

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 more than 1 million passengers were using this airport every year, (1.3 in 2007).[36] The airport is under ASUR administration.

Train

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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]

Roads

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Main roads in and out of Mérida:

  • Mérida-Progreso (Federal 261), 33 kilometres (21 miles) long with 8 lanes joins the city with Yucatán's biggest port city, Progreso.
  • Mérida-Umán-Campeche (Federal 180) connects with the city of San Francisco de Campeche.
  • Mérida-Kantunil-Cancún (Federal 180), a four-lane road that becomes a toll road at Kantunil, joins Mérida with Chichén Itzá, Valladolid and ultimately Cancún.
  • Mérida-Tizimín (Federal 176) connects Mérida with Tizimín (the second largest city in Yucatán).
  • Mérida-Teabo-Peto, known as Mundo Maya Road Carretera del Mundo Maya, is used in both "convent route" Ruta de los Conventos and as a link to the ancient Maya city of Mayapán and Chetumal, state capital of Quintana Roo.

Health

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Entrance building of the Hospital Regional de Alta Especialidad

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:

  • Public:
  • Private:
    • Clínica de Mérida
    • Star Médica
    • Centro Médico de las Américas (CMA)
    • Centro de Especialidades Médicas
    • Hospital Santelena
    • Centro Médico Pensiones (CMP)
    • Hospital Faro Del Mayab

Education

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Autonomous University of Yucatán

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

  • Centro de Investigacíón Científica de Yucatán (CICY)
  • Centro de Investigaciones Regionales Dr. Hideyo Noguchi, dependent from the UADY, conducts biological and biomedical research.
  • Centro INAH Yucatán, dedicated to anthropological, archaeological and historic research.
  • Centro de Investigación y de Estudios Avanzados CINVESTAV/IPN

See also

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References

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  1. ^ "Merida, Mexico Metro Area Population 1950–2022". macrotrends. Retrieved January 30, 2022.
  2. ^ "TelluBase—Mexico Fact Sheet (Tellusant Public Service Series)" (PDF). Tellusant. Retrieved January 11, 2024.
  3. ^ INEGI. "Archivo Histórico de Localidades. Mérida" (in Spanish). Archived from the original on July 22, 2011. Retrieved August 18, 2010.
  4. ^ "Diccionario Maya-Español". Yucatán: Identidad y Cultura Maya. Universidad Autónoma de Yucatán. Retrieved October 9, 2024.
  5. ^ "Mérida en la region de Yucatán – Municipio y presidencia municipal de México – presidencia municipal México – Información presidencia municipal, ciudades y pueblos de México". www.los-municipios.mx. Retrieved May 5, 2021.
  6. ^ Roller, Sarah (November 20, 2022). "Mérida Cathedral – History and Facts". History Hit. Retrieved July 19, 2022.
  7. ^ "Centro Histórico Mérida – Mérida Mexico Real Estate". Property Pros Mx Real Estate. February 22, 2016. Retrieved September 11, 2022.
  8. ^ Poling, Monica (January 25, 2016). "Merida Chosen American Capital of Culture 2017". Travel Pulse Canada. Retrieved July 19, 2022.
  9. ^ "Down Mérida way: homebuyers flock to Mexico's safest city". Financial Times. April 12, 2022. Archived from the original on December 10, 2022. Retrieved July 19, 2022.
  10. ^ "Merida ISCCC". International Safe Community Certifying Centre. 2015. Retrieved July 19, 2022.
  11. ^ Durán, Guadalupe (2016). "Merida Tops Forbes List of Best Cities in Mexico". Top Mexico Real Estate. Retrieved July 19, 2022.
  12. ^ "Study by UN-Habitat, Infonavit ranks Mérida No. 1 for quality of life". Mexico News Daily. November 10, 2022. Retrieved July 19, 2022.
  13. ^ "Earth from Space: Mexico's 'White City'". European Space Agency. May 4, 2006. Retrieved March 31, 2023.
  14. ^ "¿Qué significa Arequipa, nombre de la 'Ciudad Blanca' del Perú?". infobae (in European Spanish). August 6, 2022. Retrieved April 20, 2024.
  15. ^ Romoleroux, Michell Francois (January 6, 2022). "¿Por qué a Popayán le dicen la Ciudad Blanca?". El Tiempo (in Spanish). Retrieved April 20, 2024.
  16. ^ Adams, Robert (April 30, 2018). "Mérida History: The 'White City' and its colonial arches". Punto Medio. Retrieved March 31, 2023.
  17. ^ "Arcos de Mérida" (in Spanish). Retrieved April 20, 2024.
  18. ^ Bracamonte y Sosa, Pedro (2006). La perpetua reducción. Documentos sobre la huída de los mayas yucatecos durante la colonia [The Perpetual Reduction. Documents on the flight of the Yucatec Mayas during the colony] (in Spanish). Centro de Investigación y Estudios Superiores en Antropología Social. p. 222. ISBN 958-456-594-X.
  19. ^ "Merida" . The New Student's Reference Work . Vol. III. 1914. p. 1207.
  20. ^ Fodor's 2001 Cancún, Cozumel, Yucatán Peninsula p.167. Fodor's, 2000
  21. ^ Peel, M. C.; Finlayson, B. L.; McMahon, T. A. (2007). "Updated world map of the Köppen–Geiger climate classification" (PDF). Hydrol. Earth Syst. Sci. 11 (5): 1633–1644. Bibcode:2007HESS...11.1633P. doi:10.5194/hess-11-1633-2007. ISSN 1027-5606.
  22. ^ "Estado de Yucatán-Estacion: Mérida Centro". Normales Climatologicas 1951–2010 (in Spanish). Servicio Meteorologico Nacional. Archived from the original on March 3, 2016. Retrieved April 25, 2015.
  23. ^ "NORMALES CLIMATOLÓGICAS 1981–2000" (PDF) (in Spanish). Servicio Meteorológico Nacional. Archived from the original (PDF) on April 25, 2015. Retrieved April 25, 2015.
  24. ^ "Merida Climate Normals 1961–1990". National Oceanic and Atmospheric Administration. Retrieved April 25, 2015.
  25. ^ a b "Yucatan economy growth three times higher than the national average". The Yucatan Times. November 6, 2017. Retrieved April 8, 2018.
  26. ^ "Ease of Doing Business in Mérida – Mexico". World Bank Group. September 20, 2022. Retrieved July 21, 2022.
  27. ^ Walsh, Nora. "A Guide To Merida, Mexico: 10 Reasons To Visit Now". Forbes. Retrieved September 2, 2020.
  28. ^ "Merida English Library". Merida English Library. Retrieved May 5, 2009.
  29. ^ "The Yucatan Symphony Orchestra". Osy.org.mx. Archived from the original on October 23, 2008. Retrieved March 12, 2013.
  30. ^ a b Sima Lorenzo, Eyder Gabriel (August 9, 2013). "Actitudes de Yucatecos Bilingues de Maya y Español Hacia la Lengua Maya y sis Hablantes en Merida Yucatan". Estudios de Cultura Maya.
  31. ^ "The Camara Brothers' Twin Houses". Sam Houston State University. Retrieved April 6, 2020.
  32. ^ Dickerson, Marla (October 21, 2007). "Paradise for home remodelers – Los Angeles Times". Los Angeles Times. Retrieved May 5, 2009.
  33. ^ "Marathon Mérida BaNorte". Retrieved March 3, 2021.
  34. ^ Carlos Rosado van der Gracht (November 22, 2023). "Mérida New Va y Ven Transit Network is a Huge Step in the Right Direction". Yucatán Magazine.
  35. ^ "Yucatán estrenará en 2023, IE-TRAM, transporte público 100% eléctrico". energy21.com.mx (in Spanish). Retrieved November 20, 2022.
  36. ^ "Tráfico de Pasajeros | Tráfico de Pasajeros". www.asur.com.mx. Retrieved August 5, 2022.
  37. ^ "Tribuna del Yaqui". tribuna.com.mx. Archived from the original on August 25, 2016.
  38. ^ "El 15 de diciembre inicia ruta Palenque-Cancún; todos los tramos, para febrero: AMLO". sinembargo.mx (in Spanish). October 6, 2023. Retrieved October 23, 2023.
  39. ^ a b c "Mérida Education – Expats In Mexico". Expats in Mexico. Retrieved April 8, 2018.
  40. ^ Programa Integral de Desarrollo Metropolitano PIDEM (PDF).
  41. ^ Azcorra, Hugo (2013). "Nutritional Status of Maya Children, Their Mothers, and Their GrandmothersResiding in the City of Merida, Mexico: Revisiting the Leg-Length Hypothesis". American Journal of Human Biology. 25 (5): 659–65. doi:10.1002/ajhb.22427. PMID 23907793. S2CID 205302992.
  42. ^ a b c d e Mijangos-Noh, Juan Carlos (April 14, 2009). Racism Against the Mayan Population in Yucatan, Mexico: How Current Education Contradicts the Law (PDF). Annual Meeting of the American Educational Research Association.
  43. ^ Livingston, Eric. "Cities in Mexico and Brief History". Latam Living.
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Frequently Asked Questions

Yes, there are zoning laws in place that designate specific areas for residential, commercial, or industrial use. It is important to be familiar with these regulations to ensure compliance when buying or selling properties.