**Tijuana’s Risk Atlas to Protect Residents’ Property: AMPI**
The city of Tijuana is actively working on updating its Risk Atlas to ensure the safety and protection of residents’ property. This initiative is spearheaded by the Mexican Association of Real Estate Professionals (AMPI) in Tijuana, with its president, David Alejandro Ortegón Puebla, highlighting the importance of this project. Currently, Tijuana is facing 12 active landslides, affecting 1,788 homes. Notably, around 800 of these homes have been marked with red tags, indicating they are uninhabitable due to safety concerns.
The Risk Atlas project, which has reached 60% completion, is set to be finalized by January. This comprehensive document will guide future urban planning and construction, aiming to safeguard community investments. Ortegón Puebla mentioned that while the AMPI Tijuana has not yet been directly involved in the development of the atlas, they expect geologists, structural engineers, and other experts to contribute significantly to this crucial work.
The local government has welcomed additional measures to prevent property risk, and the AMPI looks forward to participating in the city’s newly forming Advisory Council. There is optimism within the real estate sector, with predictions of a 10% market growth in the first quarter of 2025.
**Secondary Article: Real Estate Outlook and Challenges in Tijuana**
The real estate market in Tijuana is bracing for changes and opportunities. Expectations of a 10% increase in activity early next year reflect a cautiously optimistic view among industry professionals. However, Tijuana’s real estate market faces challenges, including the rising cost of housing, which has a natural tendency to displace local inhabitants according to sector representatives.
Current property prices range significantly, with square meters priced between $200 and $1,500, depending on location and amenities. These figures illustrate the broad spectrum of real estate opportunities available, but also highlight the disparity in affordability that many residents face.
Local business dynamics also draw attention, especially during festive periods like Halloween and Day of the Dead. Retailers in the downtown area have reported a decline in sales around these dates, while public transport services are expected to diminish during Halloween evening, potentially affecting community mobility.
The city is also dealing with infrastructural tasks, such as concluding the construction of Municipal Cemetery 14 and addressing steel shortages that have caused delays in the Morelos Node project. These factors, along with ongoing public service challenges such as healthcare shortages, underline the multifaceted issues the city must tackle alongside real estate developments.
With clear skies and moderate temperatures forecasted, Tijuana continues to navigate both natural and urban challenges in its path toward growth and stability.