Cholul

Cholul began as a village northeast of Mérida and has been absorbed into the city's booming northern growth, blending a small colonial core (its landmark yellow church and plaza) with new gated subdivisions and developments. It offers a more affordable, community-feel alternative to the marquee north while sharing its growth trajectory. For investors, Cholul is an affordable-growth and rental play. Pricing sits below Altabrisa and Temozón Norte, and proximity to northern university campuses makes it a favourite for student and young-family long-term rentals. Mérida-wide gross yields run 6-8%, and Cholul's lower entry can push net returns higher. The case is early-position exposure to Mérida's north at accessible prices; the trade-off is a still-developing suburban infrastructure. Peso-denominated.

Cholul in Mérida, Yucatán, Mexico