Those investing in Tulum real estate are generally counting on one central factor to make their investment pay off; growing tourism and tourism investment. The good news is that during 2011, private investment into Mexico’s tourism infrastructure grew by 5.5%.
The following are some stats as reported by Mexico’s Ministry of Tourism for 2011:
- Private sector investments in Mexico’s tourism infrastructure were $3.7 billion USD.
- This is 5.5% higher than the amount reported in 2010.
- Private initiative infrastructure projects were over 1000 (compared to 869 in 2010.)
- 370 projects were for new hotels, with an investment of $1.9 billion USD.
- 334 projects were in the food and beverage sector, with an investment of $137.85 million USD.
- 136 projects were in other sectors with a total of $548.39 million USD invested.
- In new properties, there were 131 projects with an investment of $765.44 million USD
- In recreation, there was a total of $60.7 million USD invested.
- The beach destinations in Mexico got the lion’s share with $1.76 billion USD.
- The Central Region gained $889.41 million USD in tourism infrastructure investment
- The Mayan World gained $716.59 million.
Tulum is in two of the most important categories – both “beachfront†and “Mayan World.†This indicates that investors are confident that tourism will keep growing in these regions. Both the new infrastructure (which includes restaurants, golf courses, resorts, etc.) and the confidence in tourism growth is especially promising for those investing in Tulum condos for sale, since currently there is a low supply and high demand for vacation rentals in the area.
Other markets, such as Puerto Vallarta real estate can also expect to benefit from the ongoing growth in private tourism infrastructure investment in Mexico.
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