Madison-based Sotheby’s International Realty Affiliates LLC announced it is expanding its presence in Mexico by forming Mexico Sotheby’s International Realty.
The new brand will be located in Mexico City and will serve luxury residential real estate markets in the metropolitan area as well as Puebla; Valle de Bravo and Malinalco in Estado de Mexico; and Cuernavaca and Tepoztlán in Morelos.
The firm is owned and operated by Carlos Gonzales.
“The luxury residential real estate market in Mexico City is experiencing tremendous growth,” said Philip White, CEO and president of Sotheby’s International Realty Affiliates. “The area has attracted many new developments, mainly luxury high-rise projects with top-of-the-line amenities, and has also seen an increase in overall inventory. We are proud to welcome Mexico Sotheby’s International Realty to our global network.”
“There are so many extraordinary communities and exciting areas in the Greater Mexico City area; it is our goal to be the ultimate guide for our clients, leading them to the Mexico City home of their dreams,” Gonzalez said. “Affiliating with the Sotheby’s International Realty® brand allows us to connect to the brand’s prestigious real estate companies around the world and reach an international clientele.”
With this addition, Sotheby’s International Realty now has nine independently owned and operated offices throughout Mexico, more than 22,000 affiliated sales associates and 950 offices in 70 countries.