If you’re looking to buy a home in Mexico City without spending a fortune, it’s key to know which municipalities have the most affordable prices. Although many areas of the capital have seen an increase in housing costs, there are still affordable options for those who want to invest in their own home. According to ChatGPT, this is the cheapest municipality to buy a house in CDMX.
Which is the cheapest municipality in CDMX to buy a house?
According to market data and real estate trends, the cheapest municipality to buy a house in Mexico City is Iztapalapa. This district, located in the east of the city, has maintained lower housing prices compared to other areas of the capital.
The cost per square meter in Iztapalapa is considerably more affordable than in central municipalities such as Cuauhtémoc, Benito Juárez or Miguel Hidalgo. Even though the demand for housing in the city continues to increase, this area offers properties at more competitive prices, making it an excellent option for buyers with tight budgets.
Why is it a good option to live in CDMX?
Iztapalapa not only stands out for its affordable prices, but also for its growing infrastructure and connectivity. The municipality has several Metro, Metrobús and public transport stations, which facilitates mobility to other areas of the city. In addition, in recent years, it has experienced a significant improvement in services and public spaces, such as parks, cultural and commercial centers.
Another point in its favor is its diversity of educational and commercial offerings, as it houses various schools, universities and hospitals, making it attractive for families looking for comfort and accessibility without compromising their budget. While it is important to evaluate factors such as security and location within the municipality, Iztapalapa remains one of the best options for those who want to buy a house in CDMX without spending a fortune.
Source: fmglobo
