The costs of an apartment for sale with a balcony can increase up to 20%, the same happens when the property is for rent but in a lower percentage.

According to the Unique Housing Registry (RUV), it is estimated that by 2021 the production of the industry will be able to produce, at the national level, 182 thousand 351 homes, which would mean a growth of 19.8% compared to what happened last year .

According to Alejandra Sánchez, president of the Association of Architects and Interior Designers of Mexico (AAI), an apartment for sale with a balcony can increase its cost by 20%, and for rent by approximately 15 percent.

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He also mentioned that in cities like León or Querétaro where the verticalization of housing is gaining strength, this trend is increasing. She also mentioned that there are another series of amenities that also impact the costs of an apartment, such as:

• Parking, between 10 and 20% when for sale, rent can be 10 percent.

• Elevator, 40% more in apartment for sale and 20% in rent.

Finally, Leonardo González, Real Estate analyst of the real estate portal Propiedades.com pointed out that this series of amenities have meant a new paradigm of housing, where, for example, the balcony promotes ventilation and sanitization of the space that is inhabited, in times where this aspect is fundamental.

In the southern area of Mexico City you can find apartments to buy from 1.3 million pesos and up to 400 square meters.

Original article