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Latin America Real Estate: Top Markets
Sao Paulo remains most attractive real estate market in Latin America.
BY LATINVEX STAFF
Mexico City tops commercial real estate investments in Latin America, but Sao Paulo is the city with most potential, according to research by real estate company Jones Lang LaSalle.
Interestingly enough, while Argentine capital Buenos Aires ranks among the three most attractive commercial real estate markets in Latin America, it ranks among the bottom six in terms of actual investments the past three years.
Meanwhile, Costa Rican capital San Jose sees the opposite trend. While it managed to rank fourth in Latin America in terms of relative level of commercial real estate investments the past three years, it only ranks 23 out of 30 Latin American cities in terms of attractiveness.
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Real Estate: Most Investments | ||
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Level of direct commercial real estate investment by value the past 3 years. Out of 359 cities worldwide | ||
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LA Rk |
Gl Rk |
City, Country |
|
1 |
75 |
Mexico City, Mexico |
|
2 |
84 |
Sao Paulo, Brazil |
|
3 |
88 |
Rio de Janeiro, Brazil |
|
4 |
123 |
San Jose, Costa Rica |
|
5 |
138 |
Santiago, Chile |
|
6 |
147 |
Cancun, Mexico |
|
7 |
193 |
Campinas, Brazil |
|
8 |
199 |
Guadalajara, Mexico |
|
9 |
207 |
Monterrey, Mexico |
|
10 |
255 |
Belo Horizonte, Brazil |
|
11 |
259 |
Puebla, Mexico |
|
12 |
263 |
Brasilia, Brazil |
|
13 |
269 |
Merida, Mexico |
|
14 |
281 |
Aguascalientes, Mexico |
|
15 |
288 |
Buenos Aires, Argentina |
|
16 |
301 |
Salvador, Brazil |
|
17 |
312 |
Tampico, Mexico |
|
18 |
327 |
Chihuahua, Mexico |
|
19 |
340 |
Lima, Peru |
|
20 |
345 |
Saltillo, Mexico |
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Sources: Jones Lang LaSalle, Latinvex (LatAm rank) | ||
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Real Estate: Most Attractive | ||
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Overall attractiveness for commercial real estate. Out of 300 cities worldwide | ||
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LA Rk |
Gl Rk |
City, Country |
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1 |
16 |
Sao Paulo, Brazil |
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2 |
26 |
Mexico City, Mexico |
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3 |
41 |
Buenos Aires, Argentina |
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4 |
50 |
Rio de Janeiro, Brazil |
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5 |
62 |
Bogota, Colombia |
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6 |
66 |
Santiago, Chile |
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7 |
70 |
Lima, Peru |
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8 |
106 |
Monterrey, Mexico |
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9 |
118 |
Brasilia, Brazil |
|
10 |
124 |
Caracas, Venezuela |
|
11 |
132 |
Guadalajara, Mexico |
|
12 |
136 |
Montevideo, Uruguay |
|
13 |
156 |
Panama City, Panama |
|
14 |
157 |
Curitiba, Brazil |
|
15 |
166 |
Belo Horizonte, Brazil |
|
16 |
175 |
Quito, Ecuador |
|
17 |
182 |
Santo Domingo, Dom. Rep. |
|
18 |
186 |
Guatemala City, Guatemala |
|
19 |
190 |
Guayaquil, Ecuador |
|
20 |
197 |
Medellin, Colombia |
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21 |
208 |
Porto Alegre, Brazil |
|
22 |
211 |
Campinas, Brazil |
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23 |
214 |
San Jose, Costa Rica |
|
24 |
216 |
San Salvador, El Salvador |
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25 |
230 |
Salvador, Brazil |
|
26 |
231 |
Recife, Brazil |
|
27 |
247 |
Cancun, Mexico |
|
28 |
255 |
Asuncion, Paraguay |
|
29 |
277 |
Managua, Nicaragua |
|
30 |
292 |
La Paz, Bolivia |
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Sources: Jones Lang LaSalle, Latinvex (LatAm rank) | ||
