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Advantages of buying a social interest house in times of COVID-19

Advantages of buying a social interest house in times of COVID-19

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Advantages of buying a social interest house in times of COVID-19 Do you want to invest in real estate, but you don't have enough income? Find out here if you are a candidate to buy a low-income house . We invite you to learn more about its benefits and why it is a good option in times of COVID-19.

The cost homes are intended for those who earn lower incomes in Mexico. That is, to victims who, due to environmental situations, lost their homes or to beneficiaries who receive less than four times the minimum wage on example.com

If you are interested in buying a low-income house , below we share 5 advantages that you should know to ensure your decision.
What are the benefits of buying a social interest house in Mexico?

• It is cheaper

• Offers private security

• It is integrated with different amenities

• Wide demand in the real estate market

• Strategic location

It is cheaper

It is important to know that low-income housing has physical characteristics and services that are similar to each other. This is because they are built serially, greatly reducing their selling price.
Generally, buying a low-income house has a maximum cost of 924,402 pesos in the real estate market, according to figures from the National Housing Commission (CONAVI), made up of the National Institute of Statistics and Geography (INEGI) and the National System of Information and Housing Indicators (SNIIV).

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Offers private security

Another benefit of acquiring a social housing is that most of these properties have private security, which is provided as a housing service. Thanks to this, you can live in a safe place at low cost. Despite this great advantage, it is necessary to take different security measures to avoid theft or accidents in your home, for example, lock the door every time you leave the house or add protections to the windows.

It is integrated with different amenities

Low- income housing has great amenities that are not always available with rooms or private apartments in Mexico. In some of them you can even find properties with integrated air conditioning, a large garden, utility room and even a community pool area.

Wide demand in the real estate market

According to figures from Softec México in 2019, around 45 thousand 35 social houses and 41 thousand 777 of the economic sector were built in that year alone. This type of housing is in high demand in states such as Nuevo León, Jalisco, Quintana Roo, Tamaulipas and Guanajuato, according to data presented by the Centro Urbano portal in March 2020.

In addition, the northern part of the country had a recovery in the construction of low-income housing during COVID-19, thanks to the new real estate financing schemes granted by Infonavit and Fovissste. Given the impact on purchasing power during the health contingency, it is very likely that both Infonavit and Fovissste will benefit the most vulnerable beneficiaries through discounts, more accessible schemes, low interest rates , among other benefits.

Strategic location

Usually, low-income housing is located near shopping centers, markets and other places of interest, as well as maintaining easy access to main streets and avenues. Although some housing units are located on the outskirts of the city, these areas tend to grow and become commercialized in the medium term, having supermarkets, restaurants and other public and private services at hand. Another of their benefits is that they have greater connectivity with state and federal highways.

Now that you know the benefits of buying a low-income house, it's time to verify if you are a candidate to acquire this type of home in Mexico. Keep up-to-date on the Vivanuncios Blog , eBay's real estate portal in Mexico.