Mexico Real Estate Hotspots: Monterrey
9 April 2008
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By: Charles Sipe
Mexican real estate in Monterrey could be a gold mine for real estate investment in the near future thanks to some interesting news from the US.
GM Plans to Spend $900 Million on Plant in Ramos Arizpe (1)
GM plans to make a huge investment in its Mexican plant which should have a great economical impact on the surrounding area, potentially raising property values and providing opportunities for businesses that cater to traveling business people and workers. Ramos Arizpe is about a 40 mile highway drive to Monterrey. Monterrey is already recognized as one of the top business centers in Latin America, and a .9 billion dollar investment by GM will only add to their reputation.
Monterrey is known as the "Industrial Heart of Mexico" and is home to to more than 13,000 manufacturers accounting for 9.4 percent of Mexico's manufactured products (2). Monterrey is located 125 miles from the US border (3) and has the highest per capita income of any city in Mexico (2). [youtube=http://www.youtube.com/watch?v=SyZlNxGpGcc&hl=en]









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I have to say, that I could not agree with you in 100%, but it’s just my opinion, which could be wrong….
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