The Riviera Maya is one of the most important tourist destinations in Mexico.
For many national and international visitors, the Riviera Maya is a favorite destination. By the end of 2018, it was the second most visited place in Mexico, surpassed only by Mexico City.
Playa del Carmen, Tulum and Akumal are some of the towns of this area extended along the Mexican Caribbean Coast in the State of Quintana Roo -from Puerto Morelos to Punta Allen-, about 130 km in length.
However, there is a lot of confusion among people who do not know the Riviera Maya. Sometimes people think the Riviera Maya and Cancun are the same area, when they are completely different.
Cancun is one of the most important towns in Yucatan Peninsula -and Quintana Roo-, but the Riviera Maya is a coastal region with its own beaches, towns and tourist attractions such as archaeological sites and ecological reserves.
Foreigners who visit the Riviera Maya 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 Riviera Maya is close to Merida, 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 Riviera Maya due 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 Riviera Maya 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.
One of the main advantages of investing in the Riviera Maya is certainly the great influx of tourists in the area. As mentioned before, towns in the Riviera Maya -such as Tulum and Playa del Carmen- are a benchmark of the natural attractions in Mexico.
Influx of tourists is on the rise. The proximity to the Cancun International Airport is another benefit that has allowed the growth of the Riviera Maya, 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.
Here are 5 reasons to invest in the Riviera Maya.
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.
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.
In ‘What is the investment that generates greater capital gain?’, you will find a list of things to consider before making an investment: accessibility, projected growth rate, security, etc. These elements are closely related to property location and capital gain.
As mentioned in ‘What is capital gain and how to calculate it?’, capital gain will allow you to have a better quality of life: The greater the capital gain of your property, the greater the possibility of improving quality of life.
Therefore, properties in paradisiacal destinations are profitable investments: there is a high demand for these places, especially in holiday periods like summer or Easter.
The Riviera Maya has become one of the best places to invest in Mexico because the constant influx of tourists.
Every year, millions of tourists are encouraged to visit the Riviera Maya and enjoy the natural beauty of the Mexican Caribbean and the Mayan culture.
The strategies implemented by authorities in the States of Quintana Roo and Yucatan in order to grow tourism revenue have positioned the region as one of the best places for real estate investment.
For starters, the Riviera Maya has become popular thanks to the Mayan culture. Archaeological sites -Tulum, Cobá and Muyil are a must for tourists.
Thanks to the privileged location, people who reside or visit the Riviera Maya have the opportunity explore near towns, beaches and parks, as well as enjoying ecotourism and outdoor activities.
The Riviera Maya 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 Riviera Maya one of the top destination wedding locations: destination weddings increased by 7%.
The influx of tourists in the Riviera Maya 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.
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 Riviera Maya. For example, the Latin American Golf Championship will be held in October. 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.
One of the reasons to invest in Mexico is the affordability of properties in areas with high capital gain, unlike investing in the United States or Canada, where properties are more expensive.
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.
As mentioned in ‘Tips to acquire your home for retirement’, many couples choose to buy properties before retirement, in order to earn extra income for their property and save more money for retirement.
Yucatan Peninsula has registered great growth in the last 20 years.
Yucatan, 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 Riviera Maya, where reducing environmental impact is a priority.
Making the Riviera Maya a sustainable tourist destination is also one of the priorities in the long-term growth and development plans.
The Riviera Maya is a privileged area in the Mexican Caribbean: the beaches, tourism and the different activities for everyone make it a very profitable place for investment.
Acquiring a property in the Riviera Maya allows you to get access to the most important destinations in Mexico. Towns such as Playa del Carmen and Tulum are part of this region that has attracted the attention of investors thanks to the development plans and constant influx of tourists.
Although each investor has different plans - there are those who want to invest in the Riviera Maya to enjoy playing golf as well as those who acquire an apartment to rent out said property and generate extra income -, the truth is that location and price are two key factors to consider before making an investment.
Imagine buying an apartment in the best area of the Riviera Maya and being able to secure your money by renting out your property. Undoubtedly, natural attractions - such as beaches with crystal clear water and the Mayan jungle- represent a unique and affordable investment opportunity in the world.
Investing in a property is the best way to secure your assets and your future, and making an investment in the Riviera Maya can help you earn extra income while enjoying the best of the Mexican Caribbean.