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The acquisition of real estate by foreigners in coastal and border areas of Mexico (2008-2019)
 
     
     The acquisition of real estate by foreigners in coastal and border areas of Mexico (2008-2019)
     La adquisición de bienes inmuebles por compradores extranjeros en zonas costeras y fronterizas de México (2008-2019)


Autor(es):
Colorado Giraldo, Andrés


Periódico: Pasos - Revista de Turismo y Patrimonio Cultural

Fonte: PASOS Revista de Turismo y Patrimonio Cultural; v. 20 n. 4 (2022): PASOS Revista de Turismo y Patrimonio Cultural, 20(4) 2022; 1055-1069

Palavras-chave:


Resumo: Numerous studies discuss the impact generated by the influx of foreign buyers onto the real estate markets of coastal and tourist towns. However, estimates on the number of buyers, their degree of concentration in the territory, the type and size of the property acquired, are hard to calculate due to both conceptual difficulties and empirical limitations. This work examines the market of foreign buyers in the coastal and border areas of Mexico from a quantitative approach based on the records of the Ministry for Foreign Affairs (MFA) from 2008-2019. The analysis reveals a high concentration of foreign buyers in a group of localities as well as variations between destinations regarding buyers’ nationality and the average area of the purchased property. These findings contribute to the discussion on the “alienation” of local space from different perspectives such as residential tourism, north-south migration and land grabbing.