Just passing the middle of 2010, Cancun has been consolidating its position as the world-wide favorite for travelers from the U.S. If you are considering buying Cancun real estate, this points to two main advantages for you; one is that many of the same benefits that attract these tourists are real benefits for residents, and, with the arrival of a growing number of tourists from the U.S., this means that many of these same benefits will increase.
Several of the world's leading travel agencies have indicated that Cancun is quite firmly moving past its stiffest competition for attracting American tourists, including San Juan Puerto Rico, Toronto, Jamaica, Punta Cana and Vancouver. Now while these destinations are great, Cancun offers a rare combination that brings it a step ahead of the pack.
In addition to the wide beachfront with soft, white sand and turquoise water of the Caribbean, Cancun has come to offer some of the world's best selection of hotels for accessible prices, excellent international shopping, high-quality roads, a vibrant nightlife, many restaurants, a very well-traveled airport, which has direct flights to most U.S. cities for very reasonable prices, close driving access to many Mayan ruins and several colonial cities, and a number of growing cultural events. One of the best parts about all of it; the cost of these conveniences, as well as day to day items is low.
For real estate buyers, each of these is also an important benefit, perhaps with the exception of the hotels (although this too is helpful for anyone buying a condo hotel unit planning on gaining income from vacation rental.) In addition to this, world-class hospitals provide top-of-the-line health care at much cheaper prices than Americans are used to.
While condos have been traditional favorite, Cancun homes also present a viable option for enjoying a vacation property, or retirement residence near the beach. Homes in the hotel zone are less common, and can be a bit pricy, but are worth every dollar of the price for the luxury of living in a home with a private yard, only yards away from one of the world's most loved beaches. Homes for very reasonable prices can also be found in the city itself, or along the beachfront north of the city. While they do not offer the prestige of the Hotel Zone, they are still only a short drive away from all the benefits of the area, and even a shorter drive from downtown's own shopping centers and restaurants.
An option which is often overlooked is that of Cancun land. For the same reasons mentioned above, Cancun is growing quickly, and a land purchase can be an excellent investment. It can also be a good choice for someone who has some time before they plan to enjoy their new home in Cancun, and wishes to have this home for a lower total price.
As Cancun continues to be a stronger favorite for Americans, more and more conveniences appear, and more begin to take interest in living in Cancun. The expat community is large, and shows a great variety of tastes, lifestyles and financial backgrounds. If you choose to become a part of this community, you will not be disappointed.
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Region: Cancun Real Estate by Cyndi Ader, originally from the US, has been living in Cancun, Mexico for 17 years. She is a member of A.M.P.I. (The Mexican Association of Real Estate Professionals) and is currently a member of the International Relations Committee. She is also an international affiliate of NAR (National Association of Realtors). She is the owner/broker of Cancun Properties Real Estate and specializes as a buyer’s broker.
