5 Reasons Why You Should Invest in the Mayan Riviera
The Mayan Riviera is a stunning stretch of coastline in Mexico, famous for its white sand beaches, turquoise waters, and rich cultural heritage. But did you know that it is also a great place to invest in real estate? Here are five reasons why you should consider buying a property in the Mayan Riviera.
1. High demand and profitability
The Mayan Riviera is one of the most popular tourist destinations in Mexico and the Caribbean, attracting millions of visitors every year. This means that there is a high demand for accommodation and services, which translates into high rental income and capital appreciation for investors. According to a report, the average price of properties in the Mayan Riviera increased by 8.6% in 2020, despite the pandemic.
2. Affordable Prices and Low Taxes
Compared to other beach destinations in the Caribbean or the US, the Mayan Riviera offers affordable prices for properties, ranging from $100,000 to $1 million. You can find a variety of options, from condos and villas to luxury resorts and golf communities. Moreover, the taxes and fees are low, as Mexico has a favorable tax regime for foreign investors.
3. Appreciation and Diversification
The Mayan Riviera is a fast-growing region, with new developments and infrastructure projects underway. This means that the value of your property is likely to appreciate over time, as more amenities and services become available. Investing in the Mayan Riviera also allows you to diversify your portfolio, as you can benefit from the exchange rate fluctuations between the US dollar and the Mexican peso.
4. Easy Access and Legal Security
The Mayan Riviera is easy to access from anywhere in the world, as it has an international airport in Cancun, and several domestic airports in Playa del Carmen, Cozumel, and Tulum. You can also travel by road or by ferry to other nearby destinations, such as Belize, Guatemala, or Cuba. Furthermore, buying a property in Mexico is safe and legal, as you can use a trust system (fideicomiso) that gives you full ownership rights and protection.
5. Beautiful Weather and Scenery
Last but not least, the Mayan Riviera has beautiful weather and scenery that make it a paradise on earth. The area has a tropical climate with warm temperatures all year round. The average temperature is 25°C (77°F), with sunny days and refreshing breezes. The area also has stunning natural beauty, with lush jungles, cenotes, coral reefs, and wildlife. You can also explore the rich culture and history of the region. The Mayan Riviera has some of the most impressive archaeological sites in the world, such as Chichen Itza, Tulum, and Coba.
As you can see, there are many reasons why you should invest in the Mayan Riviera. Investing in the Mayan Riviera can give you financial security, personal satisfaction, and lifestyle freedom. If you are interested in finding out more about the real estate market in this amazing region, contact us today and we will help you find your dream property.