Investors in Tulum condos for sale already have a distinct advantage because of a low supply of rental condos currently on the market. Efforts from the governors of various Mexican states to reduce low seasons may increase this advantage even more.
Fighting tirelessly to strengthen tourism in the country and prevent off-season in Mexico’s destinations, the governors of Sinaloa, Puebla, Jalisco, Nayarit, Morelos and Tabasco worked together on proposals to reduce low seasons. Most significantly, the group was led by the governor of Quintana Roo, the state where Tulum is located.
While the focus of these states was the direct benefit for millions of families who live off tourism in Mexico, the same efforts will bring benefits for investors in the areas’ real estate. In Tulum, condo buyers already have the advantage there is very high hotel occupancy. With a low rental condo supply currently, this factor means very good potential for income from rentals. The reduction of low seasons would ensure that rental income would be consistent all year round.
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Region: Tulum 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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