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Why should you invest in a property in The Mayan Riviera and Cancun?

blog.by C21 Caribbean blog.datep 08/09/2021

The Mayan Riviera and Cancun have experienced significant development in the last two decades. So, if you want to invest in a property, The Mayan Riviera and Cancun are the place for you. It has values and benefits other investors have already discovered. The Mayan Riviera and Cancun properties values have appreciated, even with the pandemic, and here is what makes The Mayan Riviera and Cancun special.

 

Make the Best decision today

 

Here is a partial list of The Mayan Riviera and Cancun values and benefits:

- The most important touristic area

- Affordable and available property

- 20 years of growth

- Diverse area, diverse lifestyle

- Low cost of living 

- A "Cosmopolitan City"

 

The most important touristic area

The Mayan Riviera and Cancun are touristic areas (the most important in Mexico). It has a year-round tourist traffic flow. Cancun is at the head of that region, being one of the 100 most visited cities in the world (study from Euromonitor International). In 2020, in the middle of the Covid-19 pandemic, the state of Quintana Roo has registered a growth of American tourists. Between 2019 and 2020, US tourism has increased by 23%. Coming from the Mexican Ministry of Tourism, US visit has again increased in 2021 by 104% (from 2 770 008 visitors in 2020 to 5 653 783 visitors in 2021). In 2021, Cancun and The Mayan Riviera are currently the favorite destinations for Mexican travel. The airport of Cancun has registered in between January and July 2021, 2 322 191 visitors, 62,6% more than in 2020. Every year, the hotel occupation rate is between 80% and 90%, with a record of a 100% occupancy rate in 2019.

 

today i give 121%

 

Affordable and Available

With constant construction and growth in La Riviera Maya cities, many real estate investments are available. Including condos, apartments, lands, and single-family homes for use as a residence or a rental, all of these options are investments that are worth considering. Furthermore, investing in The Mayan Riviera or Cancun is still affordable. Some places are more expensive, like Tulum real estate, Playa del Carmen real estate or Cancun real estate. Overall, due to a weaker currency, real estate in the Mexican Caribbean is cheaper than in other destinations.

 

Take a new start

 

Low cost of living

Due to the Pesos value, the cost of living in Mexico is lower. Thus, it is possible to shop and eat at restaurants for half price than other destinations (U.S, Canada, Most of Europe). This lower cost also makes Mexico's real estate attractive for investors. Investment in The Mayan Riviera or Cancun and the possibility to buy a beach house in Mexico is less expensive than in other areas. Property taxes are also very low, and there is a comfortable lifestyle.

 

Rent, Sell, Buy

 

20 years of growth

The Mayan Riviera and Cancun have had significant growth in the last 20 years in several areas, including public infrastructures, tourism, and real estate development. It is also the fastest-growing as The Mayan Riviera and Cancun have the fastest growing real estate market of all Latin America. The development of The Mayan Riviera and Cancun are new and still ongoing. The pandemic has slowed down a bit that process, but most predictions state that the area will come back to its original growth after the pandemic. As for real estate investment, you can expect at that time to get a gross annual return on investment of between 8% and 12% on any property you purchase in the area (for rental).

 

Every day is a new opportunity

 

A diverse area, diverse lifestyle

The Mayan Riviera and Cancun are one diverse area, with white-sand beaches, big cities (Cancun, Playa del Carmen, Tulum), smaller towns (Akumal, Puerto Aventura, Puerto Morelos), attractions, archaeological sites, and natural reserves. The Mayan Riviera gains considerable attention due to the popularity of Cancun. If you are searching nightlife, there are clubs and bars all over the Caribbean coast. If you want adventure, The Mayan Riviera has themes parks, cenotes, ancient ruins, the world's second-biggest barrier reef, perfect for snorkeling. The Mayan Riviera can also have a relaxed lifestyle, which is a tremendous advantage for retirement. Close to nature, beaches, museums, and the coast offer an excellent atmosphere for a retiree.

 

how do you enjoy your sunday

 

An important foreign community

With the previous purchase from investors worldwide, the Caribbean coast has a significant foreign community. We count more than 37 nationalities on the coast, creating a large and efficient community for expatriates. This makes it easier for visitors to find expatriates from their country who can guide them through the process and provide advice.

 

La red inmobiliaria grande de Mexico y el mundo

 

The Mayan Riviera and Cancun are a multi-faceted places that perfect for investment. For a residence or a business, this place offers the atmosphere and lifestyle you desire. It combines lower cost, availability, investment opportunities, and a large foreign community. 

 

 

 

What are your favorite benefits? What do you think about investing in La Riviera Maya or Cancun? Want more inside about the Caribbean coast? Comment below!