Investing in Cancun properties is one of the most accurate and profitable ways of increasing and securing your patrimony. It is a smart strategy, considering that a house or apartment in Cancun can become a rental property, which will translate into a fixed monthly income or a sale once the property has generated the desired capital gain. 

It is noteworthy that the real estate market in Mexico has proved to be one of the strongest and most stable, even in times of crisis; one of its great benefits is the high capital gain that can be reached in a few years.

We suggest that before you invest in a Cancun property, consider the following factors: location, area, economic outlook, future investments, plans, and programs for community development. 

Below you will find a detailed explanation of why it is a good idea to invest in Cancun real estate.

Costs per square meter

One of the main growth triggers in Cancun’s real estate is the cost per square meter. The state of Quintana Roo is the third place in the whole country, regarding cost per square meter.

Infrastructure and investment

Its great tourist activity generates economic conditions that boost the development of Cancun and the whole state of Quintana Roo.

Regulations and safety for the investor

Laws and regulations have been implemented to regulate the establishment of new industries thus providing certainty to investors, both from Mexico and abroad. This has positively affected the growth of Cancun while guaranteeing legal safety and transparency.

Support for Cancun’s business sector

The government of Quintana Roo offers credits and financial products for companies dedicated to innovation. Programs have been created for simplifying the necessary procedures for developing any project, maximizing the value of products and services.

Competitive workforce

The costs of the workforce in Quintana Roo, and therefore Cancun, are some of the lowest provided the constant migration; according to the National Institute of Statistics and Geography (INEGI), this situation benefits the companies’ profitability and productivity, in addition to the creation of new and better-paid sources of employment.

Specialized human resources

Cancun boasts more than 15 universities.

Tourist destination

Cancun and Riviera Maya are the main tourist destination in Mexico and Latin America, with more than 12 million foreign and national tourists; a potential tourist market of approximately 3 billion dollars a year.

Connectivity

The Cancun International Airport is considered the second most important in Mexico and one of the most populated in Latin America, provided its strategic location, which facilitates communication and commercial exchange with other countries.

Forest sector

This area has a wide potential of use with more than 9 million acres of rainforest, from which 1.8 million have use permissions, and 531 thousand are under “Green Seal” certification.

Cancun is distinguished for its wide array of options that suit all likings, needs, or budgets. You can choose one of the amazing properties in Puerto Cancun, apartments in the hotel zone, lots, or houses in downtown Cancun. Regardless of your choice, we are sure that you will find that beautiful space to call home.

Seek the advice of Century 21, your best option for a safe investment.