Milenio III

A modern high-density apartment corridor near corporate parks, Querétaro's compact-unit yield play for young professional renters.

Updated June 17, 202611 min read

About Milenio III

Milenio III is a planned western corridor of mid-rise apartment towers, corporate offices and retail plazas, built for Querétaro's wave of relocating young professionals. Its compact, modern units and proximity to employment make it one of the metro's most efficient rental markets. For investors, Milenio III is the city's compact-unit yield story: well-priced one- and two-bedroom apartments lease quickly to manufacturing and tech-services professionals, capturing Querétaro's market-leading ~8% gross apartment yields with 6-8% appreciation. The case is rentability and tenant velocity; the trade-offs are a car-dependent, newer-build environment and concentrated supply of similar units. Inland, no fideicomiso. Peso-denominated.

Location

Milenio III in Querétaro, Querétaro, Mexico

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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