The remodeling of the Azteca Stadium For the 2026 FIFA World Cup, – where Mexico will host for the third time in its history -, it will increase the prices of neighboring homes for both rent and sale.
In recent months, the properties located in the vicinity of the Coloso de Santa Úrsula have experienced an accelerated increase in their capital gain of up to 34%, according to statistics from Propiedades.com.
The figures indicate that as a result of the remodeling work on the stadium, At least 25 neighborhoods located in the Coyoacán and Tlalpan municipalities register an increase in the cost of real estate on the eve of the 2026 World Cupwhich for the first time will be held simultaneously in three countries and will have the participation of 48 nations.
Regardless of the effects of inflation and other economic factors, we are witnessing a great interest that people have in living near the Azteca Stadium, where remodeling work is not only carried out inside the property, but also contemplates some complementary works such as shopping centers and road rehabilitation that have a significant impact on the costs of houses and apartments.
Remodeling of the Azteca Stadium: The neighborhoods that will increase its added value
The main neighborhoods where the greatest surplus value is recorded are:
- Pedregal Jewelry
- Santa Ursula Coapa
- San Lorenzo Huipulco
- Old Ejido of Santa Úrsula Coapa
- Carmen Serdan
- Pedregal cliff
- Tetlamaya Forest
- Adjust, among others.
cost per property
This increase in prices is mainly registered in the purchase of houses and apartments, however, as the World Cup event approaches, we expect a very similar effect on income, due to the fact that a large number of tourists and fans will look for nearby properties. to the stadium for better mobility.
The properties located in Jewels of the Pedregal, the average cost of houses went from 7.1 million pesos, in June 2022, to 7.4 million pesos in May of this year. In the case of departments, the greatest increase occurs in Pedregal of Santa Úrsula Coapawhere the average cost went from 2.3 million pesos to 3.1 million pesos.
for his part in Pedregal cliff, the price of a house ranges from 40,184 pesos per square meter; follows him Tetlamaya Forests (34,723 pesos per square meter); Garden City, Coyoacan (32,102 pesos per square meter); San Lorenzo Huipulco (31,178 pesos per square meter) and Town of Santa Ursula Coapa (31,697 pesos per square meter).
It will not only go up in the south of CDMX
Although for the moment the increase in surplus value is registered to the south of Mexico City, the possibility that in the medium term other areas of the capital have this influence as a result of the World Cup.
We are gradually going to observe this phenomenon in properties located in other areas of CDMX such as restaurants, sports clubs, shopping centers, airports, bus terminals; and in general, in places of great affluence. The Soccer World Cup is a great attraction for the sector and this is an event that is difficult to stay out of.
It should be noted that in the remodeling of the Azteca Stadium, an average of 150 million dollars, according to the Mexican Soccer Federation (FMF). This property will become the first of its kind to host three World Cups (1970, 1986 and 2026).
leonardo gonzalez PhD in applied economics, with experience in economic consultancy, teaching and research; For 6 years he has been working in the Real estate analyst position in the real estate portal Propiedades.com.