High Annual Real Estate Occupancy Rates in Riviera Maya

Often we fail to realize when and where to make proper real estate investment and where and when the demand exceeds supply. There’s never been a better time to start buying real estate in Mexico’s Riviera Maya than now! This beautiful area extends over 80 kilometers along the Mexican Caribbean coast. It lies in the south of Cancun International Airport, offering millions of yearly travelers from all over the world access to modern infrastructure.

Occupancy Rate Statistics

Occupancy growth at Riviera Maya Resort is on the rapid increase as evolving tourist industry patterns drive tourists to many resorts in the area. There is growing popularity of resorts and hotels where visitors can rest and be themselves without caring about the fast paced every day living. .

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The overall occupancy rate at the Desire Riviera Maya Resort rose from almost 80 percent in 2016 to 86 percent in 2018. Due to the travelers searching for resorts, this phenomenon alone is pushing up the occupancy rate at both Desire properties and Original Group.

At the same time, according to the Riviera Maya Hotels Association (AHRM) the occupancy rates in the region for 2019 were reported to be 80% – which are one of highest in the entire continent. During the same period, all-inclusive hotels enjoyed a high occupancy rate of 83.6% and small hotels reached up to 65.3% of their full capacity.

Riviera Maya’s pioneering hospitality specialist has successfully tapped into a crucial market that continues to expand, expressed in the Group’s hotels’ steadily increasing occupancy numbers over the past few years. This can be specially noted through the demand in real estate pre-sales across the region with notable spots such as Playa del Carmen, Puerto Morelos, Cancun and Tulum with its beachfront Bays of Tankah and Soliman.

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The theme among travel operators is curating events that are full of adventure and making a tourist feel young and free-spirited again. This, coupled with the beauty of the region resulted in seven million occupied room nights in the Riviera Maya last year.

Real Estate and Occupancy Rate

Property investors are actively considering investing in ‘The Next Hot Market’; The Mexican Mayan Riviera is attracting the eye of both international investors and homeowners. The Riviera Maya is currently Latin America’s most significant and coolest real estate market. Investing in the regions allows you to profit more than any other famous beach location that has great infrastructure, luxe services, and other facilities.

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Mexico’s annual property tax is 0.3 percent, which is an outstandingly low cost associated with maintaining your asset. Despite demand surpassing supply, the incentive to invest and get solid ROI encourages the local and international real estate investors for great reasons such as the skyrocketing occupancy rates. The Riviera Maya enjoys one of the best occupancy rates in the world, with occupancy rates reaching 85 percent year-round. Along with the new infrastructure and the policies in the works for a high-speed train running through the region, you can anticipate the area’s occupancy rates to move up even more.

Given that the region holds a definite 8%–10% equity benefit yearly with steady area development expected (minimally) over the next ten years, the real estate will only appreciate every year. Currently, if you were to buy a property in Riviera Maya, it will be more than double its current worth in the next 5-10 years.

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Mayan Riviera is a great place for enjoyment and investment. If you are someone who has been wishing to invest in real estate- invest in Mayan Riviera, Mexico, to earn more than the average.

Contact us today to learn how you can take advantage of these opportunities.