Rapid Real Estate Appreciation in Riviera Maya, Mexico
by Zoom Playa on May 1, 2020
With tourism numbers on the rise and demand overtaking supply, this region is rapidly growing in popularity and you can clearly see it in the Real Estate Market. With this in mind, now is the best time to start real estate investing in Riviera Maya, Mexico. This magical region lies south of Cancun, offering modern infrastructure and easy access for all visitors from around the world.
The Mayan Riviera is a stretch of coastline on the Yucatan Peninsula running across outside Cancun in the North and the ancient Mayan town of Tulum in the south. This region is home to the tourism hot spots of Cozumel, Playa del Carmen, Tulum, and Puerto Aventuras, offering an electrifying mix of events, dining, shopping and memorable adventures that you won’t find anywhere else!
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The Mayan Riviera is the hottest and fastest-growing real estate market in all of Latin America and gives a better value for your money more than any other famous beach destination that is fortified with first-rate amenities, luxury services, and modern infrastructures.
The real estate market in the Riviera Maya is attracting a lot of people from around the globe. This is because buying a home or condo in this city is not complicated and it is better than staying in a hotel. Also, many prefer to spend their vacation enjoying the balmy breezes from the Caribbean.
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Riviera Maya’s real estate market is among the most successful markets with a national increase in sales of 8-10% annually. This represents 8.9% of revenue collection of the Gross Domestic Product making it a big profit maker in the region. With this, Riviera Maya real estate will never depreciate.
There are many types of properties in Riviera Maya’s beachfront areas. It encompasses luxurious houses that overlook the Caribbean Sea and its beautiful white-sand beaches. There are some communities that provide executive style properties that offer many moderate facilities.
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Apart from the rapid property appreciation, affordable prices and the above-mentioned advantages and extremely low taxes, there is one more very significant aspect we need to take into consideration and that is the cost of living. When you know the exchange rate from dollar to peso, the cost of food, entertainment, vacation along with low insurance costs will be moderate. Thus, making everything within your reach affordable.
Mexico has shown to be less expensive when it concerns real estate and the cost of living. If any or all of the aforementioned information seems attractive, why wait? Make your decision now and contact us! There is absolutely no reason why you shouldn’t enjoy a luxurious lifestyle at an affordable price in Riviera Maya.
