Due to the nationwide economic slowdown, coupled with uncertainty over road safety on the roads leading to Sinaloa, the real estate sector in Mazatlán continues to endure a 10 to 15 percent contraction in commercial transactions.
Luciano Carrasco Altamirano, president of the Mexican Association of Real Estate Professionals, mentioned that investors’ primary concern is road safety, due to roadblocks and the eviction of units.
The businessman clarified that traditional housing sales (through Infonavit) have remained stable, while pre-sales (in high-rise apartments) have decreased.
“Pre-sales have decreased slightly due to the current situation. This is true throughout Mexico. I think they’ve slowed by 10 to 15 percent, but we’re also dealing with the current uncertainty surrounding the roads,” he acknowledged.
He added that on Friday he will hold a meeting with the president of the College of Notaries, Fernando García Sanz, to update him on the commercial transaction figures for the first quarter of 2025, noting that before this “gap,” an average of 120 commercial transactions were carried out weekly.
Source: oem
