AMPI Puebla foresees an increase in the rent of real estate for foreign students in January, but difficulties persist for the market

Puebla, Pue. The occupation of houses or apartments by foreign students would be reaching 60% with the return to face-to-face classes at universities at the end of January and the beginning of February, but without being able to recover the market yet, announced the Mexican Association of Real Estate Professionals (WIDE).

Maricela Rodríguez Pereyra, president of the AMPI section Puebla, who will leave office at the end of this month, commented that operations at the beginning of the year have been growing 30%, but it is not expected to reach 100%, since there will be parents from the interior of the state or from other parts of the country that continue to choose to have their children studying from home, if there is the online modality.

However, he explained that there are parents who are paying rents of up to 15,000 pesos per month for an apartment in areas with greater capital gains in the city. Angelopolis, although it is a low percentage of those who make this expense, but “want to give that comfort and security to their children.”

He stressed that foreign students who come from exchange seek this type of housing, since they represent affordable costs.

He indicated that the Omicron variant of Covid-19 it does begin to have effects on the real estate sector with respect to operations focused on the student sector, since a full recovery is anticipated, but it will not happen at least this month.

Offer

He commented that on average the rents of spaces for university students oscillate between 5,000 and 15,000 pesos per month, having a wide offer in the center of the city and the south that borders the municipality of San Andrés Cholula.

Rodríguez Pereyra commented that the University of the Americas Puebla (Udlap) has an enrollment of 10,000 students of which around 45% are from other states, which represents an important market, however, as it is closed due to legal problems among managers, the rent is not reactivated.

The now national councilor mentioned that foreign families are looking for houses or apartments for their children that range between 7,000 and 9,000 pesos a month, an amount that two families sometimes pay because their children live together.

He said that, before the pandemic, the vacant space was 5%, because young people were dropping out during the school year and returned home, while looking for another study option.

According to AMPI in Puebla There are 328,000 students in universities, especially in private ones, and around 30% come from south-southeast states, who are looking for a career that in their places of origin they cannot find or that does not meet their expectations.

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Reference-www.eleconomista.com.mx

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