When looking at the Felipe Ángeles International Airport (AIFA) from above (in the Google Maps application, for example), large areas of unoccupied land can be seen around it. Some were acquired by the Ministry of Urban Development (Sedatu) as a buffer acoustic and to deal with its expansion plan by 2054, but others belong to private owners and real estate agencies such as Vinte.

The developer has been building in Tecámac, a municipality near Santa Lucía, for 19 years and has established more than 17,000 homes in the area, however, it says that sales have not had a variation in demand or price.

Vinte's land has increased its value by almost 50%, before the construction of the airport began, it was 500 pesos, and currently, less than a month after its opening, it is around 1,200 and 1,300 pesos for the installation of industrial buildings Sergio Leal Aguirre, president of the Vinte company, explained in an interview.

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This phenomenon has especially impacted the ejidatarios, he explains, since they are the owners of most of the available hectares.

The price increase, which responds to demand, is due to the fact that the AIFA did not come as an isolated project. Its construction implies the reorganization of the area and the construction of more road connectivity routes to access it from Pachuca, the rest of the State of Mexico and the country's capital.

“It has had a positive impact. The advantage is that it is being done in a planned way (...) in the development poles there is talk of housing for workers, businesses, service and commercial areas”, says Florencia Estrada, president of the Mexican Association of Real Estate Professionals AMPI .

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With the opening of the AIFA, the phenomenon will continue for at least the next five years. “It will be connected to Veracruz, Manzanillo, and Mexico City and from there you reach the entire country. It is also connected to the southern arch, with all of Ecatepec and Hidalgo. It will be a high-growth area”, adds the director of Vinte.

Added to the advantage of connectivity is the saturation of other municipalities in the Valley of Mexico. In the CTT Corridor (Cuautitlán, Tepotzotlán and Tultitlán) the spaces are becoming saturated, so the spot has grown to Huehuetoca, Nextlalpan y Zumpango, Vianey Macías, an analyst at Newmark, said in an interview in July 2021.

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Original note