Anyone who has visited Cancun will have several reasons of their own to buy Cancun real estate. The following are some of the most popular reasons to invest here, plus a few that are overlooked at times.
The Beaches
Cancun’s beaches are among the most beautiful in the world. That’s the reason so many people choose Cancun as their vacation destination of preference. It’s also the leading reason to buy real estate in Cancun. Living next to these beaches offers beautiful views and complete relaxation in lifestyle.
Modern Services
While other beachfront locations around the world have trouble comparing to the beaches, few can compare in modern services and comforts; while vacationers maybe can do without for a few days, when you choose a place to live, you want it to include movie theaters, golf courses, international stores, etc.
Easy Access
One of the most important features of Cancun is its international airport, which offers well-priced direct flights to all major airports in North America. Direct flights leave daily.
Rental Potential
Because of Cancun’s thriving tourism, rental potential is good. Many tourists prefer to rent a nice condo near the beach, saving them money, and giving them more privacy and a unique, individual experience. This is not only good for investors, but anyone who is not using their condo all year round.
Growing Tourism
Tourism in Cancun continues to grow; the entire Yucatan Peninsula is currently emerging as a “mega-destination” with Cancun at its heart. The Riviera Maya, which is the Caribbean stretch of the Peninsula, including Cancun, is already Latin America’s leading destination.
Quality to Price Ratio
The prices in Cancun are low, but just as importantly, beachfront condos are modern, well kept up, spacious and, in general, very well designed and livable. The cost of living is also very low – generally said to be about half of that in Canada or the U.S.
Financing Options
Condos and homes in Cancun qualify for mortgages directly from institutions located in the area. This means that the condo you buy will be the collateral and you won’t have to tie up valuable home equity in your home country.
Warm Weather
Of course, we can’t forget that the average temperature here is about 74 degrees. This means no more snow, winter coats or frigid mornings; going out to the shining sun in the morning, in your shorts and sandals in January means relaxation!
These are only a few of the reasons – come take a look at some condos in Cancun, and you’ll find many more reasons!
Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"
Region: Campeche Real Estate. Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.
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