Properties in Merida for Vacation Rental
Â Merida, Mexico… it is one of the most under-rated regions in the peninsula. Furthermore, it is home to and visited by some of the most discerning travelers.
Unlike Cancun and its party scene, Playa Del Carmen and its growing hotel vibe, or Tulum and its hippy-chicâ€”Merida remains an authentic Mexican experience.
Visitors to Merida are looking for the classic Mexican architecture and design. The old-world vibe, the authentic Mexican culinary experience, and its exciting festivals and events. This is Merida.
Many visitors have been coming for decades (and reserve the same home every year). In addition, Merida has also been experiencing a new boom as well. On top of the annual visitors, it has a burgeoning bump with 30–40 online entrepreneurs looking for that quiet, authentic experience.
Merida truly has some of the best food in the region, its festivals are unsurpassed, and the community is friendly and welcoming. On top of this, it is one of the best places to purchase vacation rental properties in Merida. Here is why…
Why Vacation Rental Properties in Merida are a Great Investment:Â
As we mentioned above, people who go to Merida go for the experience. Many visitors make this their ‘home away from home’ and return annually. Canadian and Northern Americans in the winter, and Southern Americans and Europeans in the summer.
Many want to return to the same place. With a trusted rental where they know they will have a lovely rental. They make up a good chunk of the rental income for Merida vacation rentals. This may sound simple. Even so, having returning visitors who not only pay the rental fees but are great short-term tenants, are important to a vacation-rental portfolio.
Online Entrepreneur Rentals
Merida is quickly becoming a top destination for online entrepreneurs looking for a quiet stay while running their businesses. These stays are typically 2-6 months, but they can be longer stays. They are looking for something authentic, something reasonably central, and need a quiet environment and good internet. The internet options in Merida allow for very decent speeds. These aren’t the party crowds who stay in Quintana Roo. These are business people who want a quiet home and great options to go out for a dinner.
A Solid InvestmentÂ
Â There are some who say Merida is ‘overpriced’, and it trulyÂ is becoming more expensive over time. However, this makes it a solid investment. Prices are increasing year after year… especially if you invest in the right areas (reach out to use to learn the top investment neighborhoods).
It hasn’t experienced the top-end growth of Cancun, Playa Del Carmen and Tulum. Merida is prime for investment as you can not only earn rental income, but the property values are increasing significantly compared to other areas that are slowing down.
Do it for Yourself
Investing in a vacation rental property is about bang for the buck, but at the same time, many owners do want to enjoy the property with their families. Merida is a safe, cultural, foodie, event-centered location for you to enjoy your investment. When it is available, bring your family, and enjoy the culture, architecture, and overall lifestyle.
OwningÂ Properties in Merida ideal for Vacation Rental
When you own a property and regularly visit you truly get immersed in the lifestyle. There is a large ex-pat community, but the local Mexican and Mayan communities are very welcoming as well.
Learn some Spanish phrases, visit restaurants that know your name, explore the areas around Merida like the local biosphere reserve, national parks, cenotes, beaches, and local Mayan communities. You could spend years in Merida and still not see everything there is to see.
Merida is not only an incredible place to visit and make a home away from home. But also, the Merida real estate potential is on the uptake. The prices are steadily rising in terms of equity, the rental rates are not only steady but are generally a discerning clientele looking for an authentic and quiet Mexican visit, and it is a place you will love to visit.
Let’s take a look at one of theÂ available properties in Merida…this property is what many people are looking for: classic Mexican architecture and design, a quiet place but near the city center, a peaceful garden with a pool, outdoor shower, and two master suites (perfect for two couples wanting to vacation together).
It has been remodeled but keeping the classic look people want, like regional plants in the garden, and regionally sourced stone, ironwork, and tropical wood doors.
If you are curious about buying a vacation rental property in Merida, please reach out to us. There’s zero pressure, we can just discuss the options available based on your budget, potential rental income and ideal ‘home away from home’ lifestyle.