Cancun real estate has become a shining example of how Mexico on the whole has pulled things together over the past few decades, and has come to offer Americans and Canadians a very high-quality and comfortable lifestyle, in a warm climate, surrounding by a beautiful natural area, and at an accessible price.
Perhaps the favorite choice for life in this area are Cancun condos. The prospect of living in a well-designed, well-built condo overlooking the long, white beaches, and the turquoise Caribbean Sea is appealing to just about anyone. On top of this, Cancun has come to offer one of the most complete set of services with new malls, excellent restaurants, a variety of theme parks, golf courses and marinas to choose from; well-laid out, wide road make access to all of this easy. These same features can be enjoyed from city homes, where you have a short drive the beach, but you can enjoy convenient walking access to nearby services.
Cancun is the current leader in international tourism in Mexico, and one of the largest expat communities; it is interesting to note that Cancun was created from scratch 40 years ago; at the time there were only a handful of Mexico real estate options with expat communities that were just beginning to form, such as in Puerto Vallarta, which is a close second to Cancun in tourist numbers. Cancun was just beaches and jungles, that had been virtually abandoned since ancient Mayan times.
This incredible feat shows how Mexico has learned to develop economic and tourism potential in a way which offers real estate buyers from the U.S. or Canada services and activities they need to enjoy a warm-weather lifestyle at its best. While this process continues in other areas of Mexico, Cancun also continues to advance in this direction.
The international airport has recently been expanded, with the aim of creating an international travel hub. As this role develops, residents will have more options for low-priced flights back home, and easy access to world travel. The main focal points of the air-hub traffic are between North America, South America and Africa. Of course, new links to other parts of the world will also exist.
These same factors point to excellent possibilities for vacation rental income. The consistently high numbers of tourists mean that owning a beachfront condo in Cancun can be a good source of return and many investors have confirmed this fact.
Economically, Mexico keeps moving ahead through sound policies of recent administration; for Cancun real estate this can only be good news.
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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.
