Ever want to know what it’s like to own an international property and invest in Mexico? Well it’s time to find out! We are sure you have read several publications noting how inexpensive it is to live abroad. The publication ‘International Living’ has recognized Mexico in 2017 as the number one place to retire. Its easy accessibility, affordability, and worldwide popularity also makes it an ideal opportunity for investors. The Riviera Maya has been and still is one of Mexico’s most desired destinations.
Here are 4 great reasons to invest in Mexico:
Generate a great income
Investing in a condo or a stand-alone home can bring great income and at the same time, it offers a fabulous getaway for you and your family. Playa del Carmen has been experiencing incredible growth for the last two decades. Playa, as it’s known by the locals and frequenting vacationers, has had rental occupancy increase two to three fold every year for the last 5 to 6 years. The US, Canadian and Euro dollars are exchanging very favorably to Mexico’s peso. Combine that with the exceptional real estate prices and low annual property taxes creates an investors’ dream come true.
2. Mexico offers a positive growth each year
The Riviera Maya with its beautiful Caribbean coastline, laidback atmosphere and affordability offers a positive outlook for its continuing growth. The ever increasing demand for rental space – long and short-term, makes Mexico a hotbed for new developments. Another factor that supports the increasing investment opportunities are the surrounding communities themselves. Towns such as Tulum, Akumal and Puerto Aventuras to mention a few are coming into their own reputations as “must see” destinations.
3. Cancun ultramoden airport
In addition, Cancun is the perfect transportation hub for all of the Yucatan Peninsula’s Caribbean paradise locations. Its ultramodern airport provides easy in and out air flights from almost anywhere in to world. You can be standing on Playa del Carmen’s world famous 5th Avenue in less than hour or on Tulum’s world class beaches in an hour and a half. A variety of luxury buses, shuttle services and personal taxis are within steps outside of the main terminal.
4. Mexico itself
Another reason that makes Mexico a great opportunity to own investment property is ‘Mexico’ itself. The Mexican people are some of the friendliest people you will ever get to know. Their culture’s origin is to make guests feel at home, wanted and appreciated. Moreover, let’s not forget to mention the food, spirits and festive Latin flare. Also, how about that weather! No need for a snow shovel, heavy jacket and gloves! Pack a bathing suit, your favorite t-shirts, shorts and flip flops and head to the beach for days of fun in the sun.
All the above mentioned attributes are perfect reasons to invest in Mexico, especially in the Riviera Maya. There are not many places in the world that can compare with its growing economy, beautiful beaches and a welcoming culture.
If you would like more information regarding purchasing Mexico property, Top Mexico Real Estate would be more than happy to assist you. Their professional staff can answer any questions that you might have. Remember, at Top Mexico Real Estate… We make it happen!