It is widely known that Tulum has quickly climbed the ladder and positioned itself as one of the hottest real estate destinations in Mexico. Forbes Magazine reported a 76% increase in tourism to the coastal town in 2016, and it has continued growing since. In fact, INAH (Mexico’s National Institute of Anthropology and History) reported that just during the summer of 2018, over 300,000 visitors came to Tulum’s cliffside archeological site. This represents a 20% increase from last year’s summer numbers. Tulum’s incredibly beautiful ruins have now stolen the spotlight from Chichen Itza, one of the New Seven Wonders of the World. Moreover, 80% of those visitors were foreigners, with 20% being nationals. Of course, its clear blue waters and powdery white beaches are another huge attraction for travelers. Thanks to this, the Tulum real estate market has boomed.
Sustainability Above All
Because of this and its culture, history and gastronomy, Tulum has attracted millions of visitors every year. For investors, this is a great sign to invest in this region today. Vacation rentals in Tulum have grown 41% from 2017 to 2018, according to reports from Airbnb numbers. Demand for more home-based experiences are slowly kicking the hotel industry to the curb. And because Tulum was recently the first place in Mexico to become a fully sustainable tourism zone, visitors are now seeking out sustainable places to stay at. That is why communities such as Luum Zama, which respect 60% of the natural environment, have become popular amongst tourists and, therefore, investors.
The Tulum Real Estate Market is Growing in Popularity
When investing in Tulum real estate, timing is crucial. The market is growing and changing today. As investors, you want to be one step ahead of the game. For this reason, investing in one of the many projects that eco-conscious travelers seek is a great opportunity. From it, you will gain very hearty net returns. Nuuch Tulum, for example, implements the timeless fashion of Mayan culture into its architectural design. This creates a place perfect for unwinding, connecting with nature and enjoying the wonders of Tulum. From one-bedroom boutique condos to multi-bedroom units and penthouses, investors are spoilt for choice.
Another investment opportunity is Aguasanta Tulum. This unique project located in Aldea Premium – a privileged neighborhood in Tulum – is the only project in the region offering a triple lock-off system in some of its units. Purchasing a project with lock-off features allows investors to divide up their unit into smaller rental condos. Or they can use it as a vacation home while locking off a room or two to rent out, thus creating income while still enjoying the condo. Aguasanta Tulum is also the only development in which its penthouse units offer two private pools.
Location Makes a Difference
One of the reasons why projects such as the previous ones are a hit amongst investors are their location. Aldea Zama (and its gated community of Luum Zama) are privileged areas, offering proximity to the beautiful beaches, beach clubs, restaurants, bars, boutique shops and access to the main highway. Moreover, the tourists attracted to Tulum are very eco-conscious and sophisticated. That is why Tulum suits them well (and why your rental will be seeing high occupancy percentages). With a wellness-based culture, Tulum offers yoga, organic foods, temazcal and a lot of nature-based activities. The architects for projects such as Nuuch and Aguasanta draw inspiration from nature, making them perfectly suitable for your future guests.
Other projects, such as Essentia by Artia, not only borrow inspiration from nature, but also use locally-sourced materials. Their architecture is conceptual and due to the natural materials, it has a very low carbon print. The truth is Tulum real estate opportunities should not be overlooked by serious investors. And now is the time to do so.
And remember, at Top Mexico Real Estate…we make it happen!