Exciting Opportunities for Investment in Tulum
The Mayan Riviera is attracting international travelers and becoming an ideal location for real estate investment.
Due to the constant influx of tourism, the regional real estate market is booming. Investors have options for all markets and budgets. If you’re considering investing in the Riviera Maya, you can depend on the statistics of the tourism industry to assess the market. Here are some examples of valuable data available:
Cancun Airport – Statistics available at ASUR show a constant growth of the incoming tourists arriving at Cancun International Airport. ASUR reports the number of passengers increased 101.44% in nine years and of 19.26% from 2014 to 2017.
Hotel occupancy and tourist influx – The Riviera Maya Tourist Barometer, a report consisting of information shared by regional hotels. The report shows that over the last four years the general occupancy has remained above 80% as an average during the year. The many attractions of the area bring in a vast number of foreigners visiting the Riviera Maya all year round.
A new type of traveler – Travelers love All-inclusive hotels, but there are other types of travelers looking for alternative options for accommodation and preferring a more local experience. Increasingly, travelers are choosing to invest in properties that provide not only comfort and flexibility but also as a genuine opportunity to generate revenue. Real estate investors are afforded the chance to receive rental income throughout the entire year.
The Opportunity – Investing in the Riviera Maya goes beyond purchasing a condo or a home. As smart investors know, real estate investment is all about location and timing. Tulum is not only one of the fastest growing towns in Mexico but in all Latin America. In summary, the value of real estate and properties continue to appreciate. The experts forecast this to continue for the next 5 years making it the perfect time to invest in the area.