Mexico City, Among the Latin American Cities with the Most Expensive Land Prices

Land prices for construction in Latin America contain several differentiating elements. These include high demand, cost of land (due to its location), availability and physical characteristics, which influence the price per square meter.

The study showed that the cities with the highest price per square meter were Santiago de Chile (US$3,278 per square meter), Montevideo (US$2,857), Buenos Aires (US$2,847) and Mexico City, with US$2,269.

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