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6 Reasons to Live in Colonia Escandón

  • The neighborhood offers various access routes and available transportation, providing broad and quick mobility.
  • In 2023, its real estate value increased by 26.69%.

Most residents of the capital city of our country seek the opportunity to live in an area that, in addition to being tranquil, meets their social, recreational, and mobility needs, with the goal of achieving a better quality of life. While there are several places that meet these criteria, a great option is Colonia Escandón. Located in the Miguel Hidalgo borough, it ranked among the top six neighborhoods with the best real estate appreciation in 2023.

This area, with over 100 years of history since its founding in 1908, was previously part of the Condesa neighborhood and went through various ups and downs before establishing itself as the area we know today. Named after the surname of the family that owned the land in the early 20th century, it played a significant role in the urban and cultural development of the region.

Beyond its history, the neighborhood offers other advantages and attractions that make it an excellent option for living. Here are a few of them:

• Good Location: This area is close to Mexico City’s historic center. However, what stands out about its location is the access to roads that quickly connect to other places, such as Patriotismo Avenue, as well as its proximity to neighborhoods like Roma, Nápoles, and Condesa, and its closeness to the municipality of Naucalpan.

• Wide Cultural Offerings: If having access to cultural recreational areas is important to you, you won’t need to rush in this area. You’ll find places such as the Museum of Modern Art, the Museum of Natural History, Casa del Lago, Chapultepec Castle, among many others where you can enrich yourself and enjoy pleasant moments.

• Transportation at Your Convenience: As mentioned earlier, the neighborhood has access routes for quick travel. However, accessibility is not limited to those traveling by car, as it also has immediate transportation services such as the metro, Metrobús, bus routes, RTP, and the Ecobici system.

• Safety is Not a Concern: According to a study by the Monopolio portal, from 2016 to 2023, Escandón experienced the greatest decrease in crime rates and is now considered one of the safest neighborhoods in the city. Additionally, its streets are very quiet, with little traffic and free of noise.

• Real Estate Options for All Tastes: In this area, you can find properties for purchase or rent that suit all preferences, from small or very large spaces to modern buildings or more traditional ones with the characteristic Art Deco style. Along with the wide variety, you should know that in 2023, it had a real estate appreciation of 26.69%, making it a secure investment area.

• Abundant Job Opportunities: Lastly, another major attraction of this neighborhood is the broad job market available in various sectors. This is because the Miguel Hidalgo borough is one of the fastest-growing economically, with more companies establishing themselves each year, and it is also one of the areas offering the most job opportunities to its residents.

Colonia Escandón is one of the oldest in the capital, but it also offers one of the best qualities of life. You can find housing prices that vary widely, from 4 to 15 million pesos for sale and rents averaging 10,000 pesos. It is important to mention that there are more apartments available than houses, a point to consider if you have decided to move to the area. Remember, at Coldwell Banker Mexico, we are here to help you find the option that best suits your needs.

TIPS de decoración para refrescar tu casa contra el calor

Fuentes de consulta:

https://www.flat.mx/elliving/colonia-escandon

https://www.chilango.com/agenda/otros/historia-de-la-colonia-escandon-un-registro-de-la-historia-chilanga

https://www.flat.mx/elliving/colonias-con-mayor-plusvalia-en-cdmx

https://blog.monopolio.com.mx/las-colonias-mas-seguras-de-la-cdmx

https://mudafy.com.mx/blog/post/colonias-mas-seguras-de-cdmx

https://www.infobae.com/america/mexico/2022/06/14/cuanto-cuesta-vivir-en-tres-colonias-centricas-de-la-cdmx