7 Reasons To Invest in Real Estate in the Riviera Maya

The United Nations World Tourism Organization's (UNWTO) most recent statistics have placed Mexico in the top 3 most visited countries in the world. Mexico's Riviera Maya is the country's winner with year-long tropical weather, which makes it perfect for people running away from the winter to enjoy the beautiful white-sand beaches and cool cenotes that run along the coast.

So, whether you are planning to move to a tropical paradise or contemplating owning a rental property, let's look at what makes buying property in this growing area a solid investment strategy.

   1. A bustling region

An 85% average occupancy rate, high year-long rental demand, and future projections showing continued growth are winning factors - quite impressive even for a top vacation destination - whether you intend to rent your property short or long-term.

   2. A top vacation and business destination

As mentioned above, according to UNWTO's most recent statistics, Mexico is the 3rd most visited country in the world, with Cancun and the whole of The Riviera Maya as the most popular tourist destinations in the country.

Its location south of the Cancun International Airport offers easy access for millions of visitors from around the globe every year. As a result, millions of passengers visit the Mexican Caribbean each year (over 4 million from January to May 2022, twice as many as the same period in 2021, which is only 85% of the region's pre-pandemic totals).

Mexico's Riviera Maya has been the subject of numerous awards such as the World Travel Awards 2022:

Mexico & Central America's Leading Airport 2022 - Cancun International Airport

Mexico & Central America's Leading Beach Destination 2022 - Tulum

Mexico & Central America's Leading Beach Resort 2022 - NIZUC Resort & Spa, Cancun

Mexico & Central America's Leading Conference Hotel 2022 - Grand Fiesta Americana Coral Beach Cancún

Mexico & Central America's Leading Cruise Port 2022 - Port of Cozumel

Mexico & Central America's Leading Island Destination 2022 - Isla Mujeres

Mexico & Central America's Leading Meetings & Conference Centre 2022 - Cancun ICC

Mexico & Central America's Leading Meetings & Conference Destination 2022 - Cancún

Mexico & Central America's Leading New Hotel 2022 - Hotel Xcaret Arte, Playa Del Carmen

Mexico & Central America's Leading New Resort 2022 - Conrad Tulum Riviera Maya Resort

3. Ideal weather, incredible beaches, and an abundance of activities

Its weather is perfect, with around 300 days of summer and an average of 85 F (29.4 C) throughout the year.

Riviera Maya extends over 80 miles (129 km) along the turquoise waters of Mexico's Caribbean coast. It boasts award-winning Caribbean white sand beaches, tourist hotspots such as Playa del Carmen, Puerto Aventuras, Akumal, and Tulum, and world-class shopping, dining, water activities, and diverse adventures. Because here you can find the world's second-largest barrier reef – a habitat for numerous marine species - snorkeling, diving, world-class water sports, and deep-sea fishing are very popular. So is swimming in freshwater cenotes.

Spread across the area are also numerous Mayan ruins, a foundation of the Riviera Maya's history and another major popular activity sought by all tourists.

For nightlife lovers, Riviera Maya is pulsating with clubs and bars of all calibers to feast your ears and dance the night away to the sounds of local and international DJs.

The region is also home to numerous golf courses, including Gran Coyote, an 18-hole Par 71 masterpiece envisioned by three-time major champion Nick Price, and PGA Riviera Maya, an official partner of the Professional Golfers’ Association of America, which was designed by renowned golf course master architect Robert Trent Jones, Jr. who has created a spectacular synergy by integrating the golf course into the Mayan jungle. PGA Riviera Maya golf resort hosts numerous Tournaments and includes an academy for players of all levels.

 4. Affordable luxury

Real estate prices in the Riviera Maya are very low compared to other top beach vacation destinations worldwide, with units ranging to satisfy all budgets.

Take for example this 3-bedroom beachfront condo in Playa Del Carmen which, in another top Caribbean destination, would be double in price.

In addition, Mexico has modest property taxes, which come in at around as low as 2% of the property's assessed value at the time of purchase.

   5. Fast Growing Real Estate Market & Strong Capital Growth

The Riviera Maya has Latin America's most rapidly growing real estate market. Since the region is ranked so high touristically, but the prices are much lower than in any other beach vacation destination, you will have better value for your money and enjoy faster appreciation.

Investment properties are beating the stock market with vacation home rentals providing a high return on investment each year.

In addition, the Riviera Maya has shown a constant annual capital growth of the area projected to continue for the following decades, which means that real estate will continue appreciating.

   6. Modern infrastructure

The Riviera Maya spreads around one of Mexico's best airport and highway transportation systems. Modern infrastructure and world-class amenities are present from Cancun through Puerto Morelos, Playa del Carmen, Puerto Aventuras, and Akumal to Tulum.

With Tulum’s new international airport, set to open its gates in 2023, and the Maya Train, scheduled to be completed by 2024, Riviera Maya is proving to be on track with its forecast continuous expansion with new luxury developments on the rise as far Baccalar.

   7. For every budget

Riviera Maya is sure to have something that will fit your preferences and budget if you are looking to invest in real estate. There is an established and fast-growing abundance of studios, one, two, three, and several-bedroom units, penthouses, lofts, single-family homes, entire buildings, residences, commercial properties, and land.

Playa del Carmen and Tulum are trendy spots with vast opportunities, great variety, and appealing ROI. The surrounding areas have begun to follow suit as the region is foreseen to continue expanding.

The bottom line? Not only is buying real estate in the Riviera Maya an excellent investment, but with such a growth rate it is also a matter of stepping on as soon as possible for the highest profit.