As an American or Canadian buyer thinking about buying a Mexico condo, you might ask yourself, "Why buy a condo on the Riviera Maya, where high amounts of tourism have already pushed the prices up?"
The answer: it's for this very reason that you should buy a condo here! The area's huge, and ever growing success as a tourist destination has brought investment, services, activities and lifestyle. And while prices are higher than they used to be, these very factors will guarantee that you enjoy the best beachfront lifestyle possible, and, for investors, that there will be an ongoing demand for rentals and resales, improving the return.
The Riviera Maya is the stretch of about 80 miles of some of the world's most beachfront between Cancun in the north and Tulum in the south, attracting one of the most successful tourist industries in Latin America and Caribbean. Cancun real estate was the first to establish itself as a favorite in the area with the establishment of this city in the early 70's. For 40 years now, Cancun has offered beachfront condos, with amazing views, the beach at your doorstep, and world-class services at their best. Beachfront condos with ocean views can be found for as little as $85,000 U.S., up to over $1 million for a large, 4 bedroom penthouse with every luxury you could imagine.
Recently, the Cancun International Airport expanded with a second runway, giving it a capacity to support the wave of tourism increase expected from business and conventions – the newly added focus for this cities promotion efforts. The new airport and ongoing increase in tourism will continue to bring increased service to this city, adding the excellent lifestyle which already exits.
Moving down to the far end of the Riviera Maya, the Tulum area, Akumal Real Estate also offers excellent condo options on the beach. While the price range is a bit smaller – about $250,000 to about $550,000 – these developments are directly on the beachfront, often in gated communities, and always in the peaceful, quiet atmosphere of this village. Just 20 minutes away, the location for a new international airport has recently been officially announced. The new airport will bring new growth and services to Tulum, adding to the many conveniences which condo owners in Akumal already enjoy in Playa del Carmen, only 40 minutes away.
With the new and expanded airports, ever renewed angles on promoting tourism, beautiful natural surroundings and infrastructure to enjoy the area very conveniently, a condo on the Riviera Maya is well worth the price.
TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"
Region: Playa del Carmen 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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