“According to the Tourism Board of Mexico, the rate of increase surpasses that of any other place in the world,” wrote the Riviera Maya News.
In fact, the Mexico Tourism Ministry federal agency reported that figures from the World Tourism Organization (WTO) show that global tourism growth is hovering around only five percent during the first quarter. The agency also noted that Cancun topped the list of most popular beach destinations in Mexico, reporting an impressive 1.38 million visitors already in 2016, with the Riviera Maya coming in second at more than 1.3 million visitors. This region of the Mexican Caribbean, which stretches south from Cancun through Playa del Carmen, Puerto Aventuras and Tulum – is home to up-and-coming real estate investment hotspots and property ownership here offers amazing return on investment for buyers.
Cabo San Lucas and San Jose del Cabo – known collectively as “Los Cabos” – also reported a major increase in 2016 tourism numbers, reporting nearly half a million visitors during the first quarter of the year, followed by Puerto Vallarta, which hosted close to 300,000 new visitors. This continued steady growth in Mexico tourism isn’t surprising, considering the country is home to some of the best beaches in the world and also offers some of the most lucrative real estate investment opportunities found anywhere. The secret? Everyone who comes here keeps coming back, and many decide to set down permanent roots buy investing in real estate.
“You might be planning a cruise to Mexico this summer – Cancun, perhaps, or Tulum,” the Houston Chronicle predicted of its readers. “Tourism has been a boon for our southern neighbor, with far-reaching impacts that benefit both the local economies that play host to visitors as well as the economy overall.”
In addition, real estate in Playa del Carmen, as well as smaller nearby towns like Tulum and Puerto Aventuras offers repeat visitors to the Riviera Maya unique investment opportunities that can more than pay for a yearly (or semi-annual) vacation to this corner of paradise. In August of this year, The Yucatan Times reported that the Riviera Maya region is easily the top tourism destination in Mexico, simply by analyzing data from the Mexican Association of Hotels and Motels, which shows that rental property in Mexico’s Riviera Maya held an average 89 percent occupancy rate, which surpassed Cancun’s already-impressive 82 percent. Both of these rates far exceed Mexico’s national average, which is farther proof that buying a house in Mexico can provide serious return on investment!
“The best-known beaches in the country are busy, colonial cities are being visited by thousands and adventure tourism is booming,” stated Rafael Garcia, president of the Mexican Hotel Association. “Last year, the International Tourism Organization ranked Mexico as ninth in the world for its attractive tourism. This is the third consecutive year that the Riviera Maya has grown in global popularity.”
So, when are you going to visit Mexico and see for yourself why this is the next big real estate investment opportunity?
Investment Properties Mexico is ready to show you around this amazing country! Our trusted real estate professionals are always on hand and ready to explain everything you need to know about property ownership and buying a house in Mexico. We have the necessary experience to guide our clients through every step of the buying process. Click here to contact us and learn how to safely invest in Mexico today!