One of the best possible vacation property purchases is one which can double as an investment; when a property has a high rental demand, you can justify investing more of your funds, knowing that extra expense will be more than covered by the income. One Tulum beachfront home provides a luxury vacation lifestyle, and a prime example of how the same property can bring excellent investment return.
This luxury Mexico home is located in the village of Akumal, which is just a short drive north of Tulum, one of the most promising up-and-coming tourism spots on the the Mexican Caribbean, already famous for places like Cancun and Playa del Carmen (40 minutes and 1 hour and 15 minutes away from Akumal, respectively). Each location provides close access to many convenient services, ranging from an international airport to modern hospitals to golf courses and English movie theaters.
Located directly on the oceanfront, within walking distance to two of the area’s most beautiful beaches, the home itself includes over 3000 sq. ft of construction, with 4 bedrooms, and a living room with 180 degree views of the ocean. The modern minimalist design offers a relaxing atmosphere. There is also a 2 bedroom guest home. The area is ideal for vacationing, combining complete relaxation with many conveniences.
For this same reason, the home has a very high and ongoing demand for vacation rentals. The current owner has covered expenses of ownership in this way, and continues to enjoy significant income. The guest home can also provide a separate rental unit.
In addition to the rental income, the home also promises excellent return on the property value; Tulum real estate in the area with similar features and rental potential is being sold for over $2 million. This home is currently listed at only $899,000, significantly reduced by an owner motivated to sell quickly.
With a new airport on the way, and a well-designed urban growth plan already including a handful of upscale developments, value of real estate in the Tulum area looks like it’s headed upward. This home will probably show a sale value of closer to the $2 million in the future. Increasing tourism also suggests that rental demand will grow.
If you are looking for a vacation property that will be a real financial investment, consider this Tulum home. You will not be disappointed, either by the lifestyle or the income you enjoy.
Thomas Lloyd (512) 879-6546
THE TOPMexicoRealEstate.com NETWORK
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