{"id":16310,"date":"2018-06-08T12:58:05","date_gmt":"2018-06-08T17:58:05","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/blog\/?p=16310"},"modified":"2018-06-08T12:59:03","modified_gmt":"2018-06-08T17:59:03","slug":"real-estate-growth-mexico","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2018\/06\/real-estate-growth-mexico\/","title":{"rendered":"Real Estate Growth in Mexico is on the Rise"},"content":{"rendered":"

If you haven\u00e2\u20ac\u2122t paid much attention to what is happening to Mexico\u00e2\u20ac\u2122s real estate market, you might want to start doing so. Mexico\u00e2\u20ac\u2122s real estate is some of the most sought-after investment opportunities in today\u00e2\u20ac\u2122s global market. Especially in the Riviera Maya and other coastal destinations, real estate is on the rise. With its ever-growing attention, this phenomenal market buy won\u00e2\u20ac\u2122t last forever.<\/p>\n

Multi-Billion Dollar Growth Expected<\/h3>\n

According to The Riviera Maya Times<\/em>, Mexico\u00e2\u20ac\u2122s Association of Real Estate Professionals (AMPI) will see the real estate market in 2018 experience a multi-billion-dollar increase in sales. The overall revenue will contribute between 7 to 8 billion USD to the country\u00e2\u20ac\u2122s growing economy. It is also projected that this figure will continue to grow year after year. Investments coming into Mexico will be distributed throughout the country with the Yucatan Peninsula\u00e2\u20ac\u2122s Riviera Maya getting its fair share. In the last five years, private and commercial investors have injected an annual average of 6.4 billion USD.<\/p>\n

\"\"<\/p>\n

Mexico News Today<\/em>\u00e2\u20ac\u2122s publication not only endorses the overwhelming real estate boom but also confirms its growing economy to the in-flow of investment dollars. The Riviera Maya has the fastest growing population in the nation, actually. Large developments like Playacar, Xcaret and Puerto Aventuras<\/a>, as well as Tulum\u00e2\u20ac\u2122s Aldea Zama, are contributing to the area\u00e2\u20ac\u2122s population explosion. People are looking for all-inclusive communities that offer a variety of amenities that include golfing, shops, restaurants and common areas.<\/p>\n

Connecting Mexico<\/h3>\n

With newly-formed residential and commercial development comes the demand for newer and upgraded infrastructures. Mexico\u00e2\u20ac\u2122s Ministry of Finance and Transportation is working diligently on improving the country\u00e2\u20ac\u2122s infrastructure. \u00c2\u00a0The Communications and Transportation Secretary is building a network of federal highways. These are similar to the United State\u00e2\u20ac\u2122s interstate highway system. These direct routes to major metropolitan areas will help satisfy the demand for transportation of goods and construction materials much easier. With revenue streaming in from the region\u00e2\u20ac\u2122s growth, the government will be able to maintain and support the improvements.<\/p>\n

Tourism is a Driving Force for Real Estate<\/h3>\n

The increasing tourism along these coastal communities is creating a high demand for single and multi-dwellings accommodations. Mexico\u00e2\u20ac\u2122s construction industry is stretched thin in trying to fulfill the void that is being created by the influx of people wanting to have a vacation or second home, relocate, or take advantage of the investment opportunities presented. Playa del Carmen\u00e2\u20ac\u2122s downtown area (center north and south) and Little Italy are under constant construction. North Playa is seeing new developments like El Cielo, Grand Coral and Selvamar becoming more popular. With the residential sector rapidly growing in leaps and bounds, the need for more commercial build-out is on the rise as well.<\/p>\n

\"\"<\/p>\n

Historically, Playa del Carmen has transitioned from a small fishing village and local seaport to a vacation mecca that attracts visitors from all corners of the world. Year after year, Playa del Carmen has exceeded the expectations of projected increases on annual tourism figures. One of the most recognized vacation ranking and review sites, TripAdvisor, released its 2017. They awarded Playa del Carmen #1, Cancun #3 and Tulum #5, with Cozumel in a respectable 8th<\/sup> position being the most sought-after vacation destinations in Mexico. It is reported that 70% of those coming to Mexico visit the Riviera Maya. These are outstanding figures for what was once an unknown territory and hidden paradise.<\/p>\n

Invest Today<\/h3>\n

Real estate growth in Mexico has always been a great proposition for private use and investment purposes. Mexico has changed its policies for foreigners owning property in the country. The exchange rate between currencies and with property still at bargain prices make real estate in the Riviera Maya some of the best worldwide. It is not unusual to find a condo within a few blocks from the beach at prices starting well under 200,000 USD. Our suggestion is to invest now and don\u00e2\u20ac\u2122t wait until prices skyrocket. This will happen soon.<\/p>\n

If you want to jump into the real estate market in Mexico, now is the time. The more demand there is from the market, the higher the prices will be later on.<\/p>\n

And remember, at Top Mexico Real Estate\u00e2\u20ac\u00a6.we make it happen!<\/em><\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If you haven\u00e2\u20ac\u2122t paid much attention to what is happening to Mexico\u00e2\u20ac\u2122s real estate market, you might want to start doing so. Mexico\u00e2\u20ac\u2122s real estate is some of the most sought-after investment opportunities in today\u00e2\u20ac\u2122s global market. Especially in the Riviera Maya and other coastal destinations, real estate is on the rise. With its ever-growing […]<\/p>\n","protected":false},"author":2,"featured_media":16312,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1730],"tags":[2176,2175,2177,2174,2173],"class_list":{"0":"post-16310","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate","8":"tag-invest-in-real-estate-mexico","9":"tag-real-estate-growth-in-mexico","10":"tag-real-estate-growth-riviera-maya","11":"tag-real-estate-in-mexico","12":"tag-real-estate-riviera-maya","13":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/16310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=16310"}],"version-history":[{"count":2,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/16310\/revisions"}],"predecessor-version":[{"id":16315,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/16310\/revisions\/16315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media\/16312"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=16310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=16310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=16310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}