What does ROI mean and how to calculate it?
ROI is the acronym for Return On Investment, which is CAP RATE in real estate slang. And, to define it, we can say that ROI is the annual capitalization rate real estate offers. Finally, to calculate ROI you take the property price and net income after maintenance and property expenses (NOI). Where the NOI is the acronym in English for Net Operating Income.
Can ROI be Guaranteed?
There are real estate developments that guarantee a certain ROI in the first year as a marketing strategy. The truth is that there is no way to guarantee the ROI. In all honesty, the Return On Investment depends on multiple factors. Therefore we say the Mexican Caribbean is almost a guarantee of ROI through buying real estate. Let me tell you why.
Some Facts about the Mexican Caribbean
The Mexican Caribbean shows that it is recovering from the pandemic atmosphere. Also, figures from the Federal Ministry of Tourism give us better guarantees of return on our investment in this noble land. That is why we recommend that you get advice from experts such as Top Mexico Real Estate to acquire a property. And why not one of the most beautiful and luxurious properties in the area.
During the first quarter of 2022, Foreign Direct Tourism Investment in apartments and houses furnished with hotel services stands out, with 16 thousand 372.8 million dollars; and hotels with other integrated services, with 6 thousand 237.2 million dollars, which together represent 79.5% of the total Foreign Direct Tourism Investment in that period.
According to figures that the Secretary of Tourism of the Government of Mexico, Miguel Torruco Marques, issued. The entities that captured the most significant flow of Foreign Direct Investment in Tourism from January to March 2022 were: Mexico City with 823.9 million dollars, which is 34.0% of the total; Jalisco, 367.7 million dollars, representing 15.2%; and Quintana Roo, 184.1 million dollars, 7.6% of the total.
Outstanding Participation of the Mexican Caribbean in Tianguis Turistico Internacional Acapulco.
It is important to mention that in recent days the Tianguis Internacional Turistico Acapulco was held. There the Mexican Caribbean made 2,500 work appointments. Also, Carlos Joaquín González, Governor of Quintana Roo, assured that airlines and tour operators reinforced alliances to promote all the destinations of Quintana Roo.
What Was Accomplished
The representation of the Tourism Promotion Council of Quintana Roo (CPTQ) held working meetings with the tour operator TUI who reported on the remarkable recovery it has had this year, as well as the 15% increase in the number of seats to the Mexican Caribbean compared to 2018. In addition, on the return to operation of flights from the United Kingdom, Ireland, the Netherlands, and Belgium to guarantee a 100% summer in the Mexican Caribbean.
The work agenda also included meetings with representatives of the airlines. Some of them: Avoris, Copa Arilines, World to Meet, American Airlines, and Volaris. Finally, American Airlines, an airline that did not cease operations during 2020 to the Mexican Caribbean. They reviewed specific actions and work on the consolidation of the routes to the three international airports of Quintan Roo: Cozumel, Cancun, and Chetumal.
Thus, the Mexican Caribbean is almost a guarantee of ROI by acquiring properties in this beautiful area. In addition, you will be able to put it to work for your benefit. Either as your beach house, with its surplus-value growing over time. Or by renting it for a better return on investment.
