Real Estate in Riviera Maya is a jackpot for savvy investors
by Zoom Playa on May 11, 2021
Real Estate investors are still on the lookout for ‘The Next Big Thing.’ There’s a reason why foreign investors and homeowners alike are flocking to the Mexican Riviera Maya. It is one of Latin America’s fastest-evolving real estate markets.
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Perfect weather throughout the year
There’s nothing like on and off-season here!
The Mexican Caribbean Sea temperature is usually around 80 degrees, and the weather here is usually approximately 87 degrees, with 300 days of warm sunshine. The fantastic news that you would want to hear is that: The Riviera Maya Real Estate market is BOOMING!
We’ll go through the reasons why investing in real estate in Tulum or condos in Playa del Carmen or water front properties in Cancun and Soliman Bay right now is the perfect way to earn consistent returns for the near future.
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- The geographical topography and connectivity
The Riviera Maya’s geographical position is advantageous, and it is a driving factor in its success. Cancun and Tulum International Airport is easily accessible by air, and its ports and highways make it accessible by land and sea as well.
- For the United States and Canada –
It can be as short as a four-hour flight. Due to this, it has become a charming spot for visitors of all ages looking to travel solo, with their partner, friends or family. And once here they usually search for condos for rent on Airbnb and other platforms to make their stay a lot more local.
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Furthermore, the airport is only a short drive from Playa del Carmen, Akumal, and Tulum, all of which are famous tourist harbors in the region.
- The tourist attractions in Riviera Maya
An Influx of tourists at all times of the year
There has never been an ideal time to start real estate investment in Mexico’s Riviera Maya than right now; a thriving tourism industry necessitates a flourishing real estate market.
Downtown Playa del Carmen, Cozumel, Puerto Aventuras, and Tulum are all tourist hot spots, offering a thrilling mix of sports, shopping, dining, and unforgettable experiences that you won’t find anywhere else in the world!
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- High return on investment (ROI) and high appreciation rates
Fact: When it comes to holiday home rentals, you can expect to get an annual gross return on your real estate investment of between 12% and 17% on any property you buy in the area.
What can we interpret from these statistics?
- These statistics essentially make it a more secure investment than the stock market, without the risk of bond and stock market fluctuations.
- It means that the value of the real estate will increase. The Riviera is a growing economy and it seem to be on the rise, which would benefit those who invest now.
- The region’s annual growth will give you peace of mind by ensuring that your property does not depreciate, mainly if you invest in a high capital gain zone.
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- Tourism in deficit expenditure
Cheap but a world-class holiday!
In terms of prices, the average cost of living in Mexico is much smaller, so visitors from the United States, Canada, and Europe can expect to pay about half of what they would back home.
- Low property obligations.
Taxes are fascinating and essential to investors. Particularly for investors from high-tax jurisdictions, property taxes in Mexico are extremely low, making an investment even more appealing.
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- A world-class destination
- The thrill and adrenaline rush of water sports awaits you.
Stand up paddle boarding is ideal in the calm waters of the Mexican Caribbean. This relaxed board sport is one of the world’s fastest-growing pastimes. Its success has also spread to the Riviera Maya, with a slew of rental shops springing up.
Kayaking and parasailing are a few experiences that you can’t afford to miss.
- Fantastic spot for shopaholics and food lovers
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There are several locations on the Riviera where you can find a good deal. From fabric paintings to coral jewelry, semi-precious stones to delicate wood carvings, you’ll undoubtedly bring home a plethora of souvenirs from your trip to the magical Yucatan Peninsula.
Establish a passive and reliable income source today
You need to know that the Mexican economy is on an upswing. You will start seeing returns almost instantly after the delivery of your unit, no matter what type of investment you make or how much money you put in.
What is stopping you? Take that leap of faith.
Contact us today to learn how you can be a part of this Boom!
