The Mayan Riviera is one of the most important tourist destinations in Mexico, with its own beaches, towns and tourist attractions such as archaeological sites and ecological reserves.
Foreigners who visit the Mayan Riviera are amazed by the place and plan to retire in this region: The relaxed lifestyle in this area is one of the great benefits that future retirees like the most.
Thanks to the privileged location, the Mayan Riviera is close to Mérida, Valladolid, Cancun, Tulum and Playa del Carmen. Thus, residents have the possibility to explore the region and enjoy activities such as go to the beach, restaurants, archeological sites, parks, etc.
The natural beauty of this region also allows residents to have a better quality of life.
Some retirees choose to live in the Mayan Rivieradue to health reasons. It has been proved that sea air can help people with breathing problems, and of course, living close to nature is ideal for minimizing the stress caused by traffic, pollution, noise, etc.
For the above reasons, it is not surprise that the Mayan Riviera is one of the best places to invest in real estate, an option to consider if you want to secure your money and financial future.
Influx of tourists is on the rise. The proximity to the Cancun International Airport is another benefit that has allowed the growth of the Mayan Riviera, making it an alternative place for those who want to get away from large hotel areas and cities with busy lifestyles. There is also the possibility to access first-level services in order to have the best tourist experience.
1. Prime location:
As you know, everything in real estate investment is about property location: it is the key factor, to increase the capital gain of a property over time. Properties in paradisiacal destinations are profitable investments: there is a high demand for these places, especially in holiday periods like summer or Easter.
While real estate is one of the 5 safest investments you can make in your life, the truth is that first-time investors hesitate to do so, and even more when there is an investment opportunity in a place they don’t know yet. It is best to request support with a certified local real estate agent, leave us your details HERE, to help you with all your doubts.
The greater the capital gain of your property, the greater the possibility of improving quality of life.
2. Tourism:
Mexico is the 8th most popular vacation destination in the world, according to the United Nations World Tourism Organization (UNWTO). Furthermore, Cancun and the Mayan Riviera, were recognized as the most popular tourism destinations in the country.
The Mayan Riviera has become one of the favorite destinations for international events, such as summits: last year that sector represented 44% of the total visitors.
Tourism for couples has also increased, making the Mayan Riviera one of the top destination wedding locations: destination weddings increased by 7%.
The influx of tourists in the Mayan Riviera is an opportunity investors should not miss: rental housing market is a way to earn extra income. For this reason, investors are more interested in real estate developments with management services, in order to make long-distance real estate investments.
3. High Annual Occupancy Rates:
Occupancy rates for 12 months average 85% in the Mexican Caribbean, which is impressive, even for one of the world’s top vacation location.
4. Easy to Access:
With hundreds of daily flights coming into and out of the Cancun International Airport, this region offers easy access for travelers from the US and Canada, as well as Europe and many other worldwide destinations. In 2017, the Cancun International Airport received more than 23.5 million passengers, and 1 million extra airline seats were added to Cancun from more than 20 countries!
5. Infrastructure:
Something that has also surprised visitors is the infrastructure development. For example, this year 1,500 million pesos have been budgeted to offer fast speed fiber-optic internet in Quintana Roo.
More and more summits, seminars, conferences, tournaments, and festivals are held in the Mayan Riviera. And this is another attractive thing for expatriates who want to retire: golf.
The Riviera Maya Golf Club in Bahia Principe, designed by Robert Trent Jones II is considered one of the greatest golf courses in Latin America and Mexico by Golf Digest Magazine, thanks to its wonderful landscapes and design.
6. Low Taxes:
Mexico has exceedingly low property taxes, which come in at around 1/10th of 1% annually, making real estate investment affordable from a tax perspective at virtually any price point.
7. Real estate investment in Mexico: Affordable for everybody:
For a retirees, it may be impossible to buy an apartment a few steps from the beach in Florida or California, while in Mexico they can acquire apartments in Playa del Carmen’s Fifth Avenue -an area with high capital gain- at lower prices.
In addition, buying a property is a way to protect money from inflation, and you have the possibility of getting better returns: you can rent out a property, which will increase in value over time.
Find HERE your next home for less than $300,000 usd.
8. Low Cost of Living:
Speaking of costs, the overall cost of living is also much lower in Mexico, so travelers from the U.S., Canada and Europe can generally expect to pay about half of what they would back home.
9. Thriving Expat Community:
There are more than 47 nationalities represented here in the Mayan Riviera, making it a truly international community. Expedia also named Playa del Carmen the “Friendliest City in Latin America,” while Mexico has consistently been named, one of the best places to retire abroad.
10. World-Class Hotels:
This part of Mexico – from Cancun down to Tulum – is home to some of the world’s top hotels, so you can expect to see a wide variety of major corporate brands represented here.
Find HERE the best luxury properties
11. Ideal Weather:
The weather here generally averages around 85 degrees, with 300 days of sunshine throughout the year, and the water temperature of the Mexican Caribbean Sea averages 80 degrees.
12. Amazing Activities:
The Mexican Caribbean is home to the world’s second largest barrier reef, so world class water sports and deep-sea fishing are also available here, along with a wide variety of other unforgettable options, such as exploring ancient Mayan ruins and swimming in the jungle cenotes.
13. Fantastic Shopping & Dining:
You can also expect to enjoy world-class shopping and fine dining at a fraction of the cost, you would pay anywhere else.
14. Long-term growth:
Yucatán Peninsula has registered great growth in the last 20 years.
Yucatán, Campeche and Quintana Roo, have mesmerized the world thanks to their location, beautiful beaches and warm weather, just to name a few.
Cenotes, for example, are one of the natural attractions that most surprise tourists. And as we mentioned before, the Mayan heritage, archaeological sites such as Tulum, Uxmal and Chichen Itza, are part of the culture in Yucatan Peninsula.
People that visited Yucatan Peninsula before its growth, are amazed by the developments, companies, schools, hospitals, shopping malls and entertainment centers.
However, growth is the result of the efforts made by the authorities, residents and the tourism industry, specially in the Mayan Riviera, where reducing environmental impact is a priority.
Making the Mayan Riviera a sustainable tourist destination, is also one of the priorities in the long-term growth and development plans.
15. Eco-Conscious Efforts:
Keeping the region’s environmental integrity intact has been a challenge. But one that the municipality of Quintana Roo has made their mission to comply. Just this year, two more beaches were added to the Riviera Maya’s Blue Flag list.
The millions of tourists definitely take a toll on the area’s ecosystem, land and water.
The Blue Flag Certification is part of a world organization (Foundation of Environmental Education) that sets high standards for education, quality and safety. In brief, it hands out certificates to water-related terrains that maintain high standards in sustainability.
This goes hand in hand with efforts to become more sustainable as a whole community. More and more people are joining green movements, and developers are not staying far behind.
Many new real estate developers are finding solutions to the damage that building, can cause to the environment. This means adding solar panels, water-recycling systems or locally-sourced and natural materials.
Visit the Mayan Riviera, discover, surprise yourself, let yourself be enchanted by its culture and history ... and if you decide to stay and live ... CONTACT US, it will be a pleasure to make your dreams come true!
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References:
a-nah,com, blog.investmentpropertiesmexico,com, topmexicorealestate,com, kelman, tropicalincentives