The charming town of Valle de Bravo in the State of Mexico has become very popular among residents of the capital for the purchase of weekend homes or “second homes”, but how much does a house cost in Valle de Bravo? The average cost of a house is between 21 and 22 million pesos.
It is important to consider that the price of each property depends mainly on the size or number of square meters of construction and land that the property in question has. There are also other factors that have an effect on the price such as:
Location
Properties in Valle de Bravo can commonly be in the Avándaro area or near the lake. Although prices do not fluctuate too much, it is not the same to buy a house located in the center than in the La Peña area. La Peña usually has properties with a higher value per square meter due to the difficulty of its construction and the views it offers.
Age and condition of the property
A property in poor condition and older than that will have a lower value than a more recent and better-condition property due to all the adjustments and repairs that would have to be carried out to properly occupy said property.
Amenities
The amenities in Valle de Bravo are usually a very relevant point for decision-making regarding the purchase of a property. The more amenities the property has, the higher the price. The most sought-after amenities among buyers are swimming pools, jacuzzis, paddle tennis courts, as well as access to the lake for lovers of water sports and golf courses such as Rancho Avándaro, Izar Golf Club or the Avándaro Golf Club.
Regional or National Situation
The demand for vacation homes also depends on the state of the regional or national economy as well as on some type of trend or need that arises in certain sectors of the population. In the case of Valle de Bravo, during the pandemic caused by COVID-19, demand in Valle de Bravo rose considerably, impacting sales prices by up to 25% compared to previous years.
Prices per square meter of sales for properties in Valle de Bravo have had the following behavior in recent months:
If you are interested in buying or renting a residential property in Valle de Bravo, do not hesitate to enter our marketplace beleta.mx to find the property that suits your needs.