Mexico is known as a premier vacation destination, and #beachfrontrealestate can be a great investment opportunity. Whether you're looking for a vacation home or an investment property with a strong return on investment (ROI), there are plenty of options in popular beach towns like Cancun, Playa del Carmen, and Tulum. In this article, we'll explore what beachfront real estate investments in Mexico look like in 2023, and what you should consider when making your decision.
#PreSale Opportunities in Cancun, Playa del Carmen, and Tulum
One of the most attractive features of beachfront real estate investments in Mexico is the availability of pre-sale opportunities. Pre-sales are properties that are still in the development phase, but can be purchased in advance to take advantage of lower prices and potential appreciation. Cancun, Playa del Carmen, and Tulum all have a few of pre-sales available, so it's important to research the different options and understand the terms of the purchase. Properties in close proximity to the shoreline are equally exceptional options for numerous compelling reasons, such as a wider range of available developments. Stay tuned for an upcoming post where we'll explore beach-access properties, their unique qualities, and the remarkable opportunities they offer for a coastal lifestyle.
#VacationRental Opportunities in Mexico
For investors looking to generate an income from their beachfront real estate investment, vacation rentals can be a great option. However To preserve an exclusive atmosphere, not all beachfront condos allow vacation rentals, hence, it is crucial for your real estate advisor to inquire and ensure that such rental arrangements are permissible if that is what you are seeking. Mexico is a popular destination for tourists, and vacation rentals in beach towns like Cancun, Playa del Carmen, and Tulum can generate a steady stream of income. It's important to research the local rental market and understand the regulations, fees and taxes associated with vacation rentals before investing.
When it comes to investing in beachfront condos from Cancun to Tulum, there are a few things to consider. First, it's important to understand the local economy and real estate market. Research the current trends and look for areas that are seeing appreciation. It's also important to consider the ROI potential of the property, as well as the potential for appreciation. Finally, it's important to understand the regulations and taxes associated with investing in Mexico.
STATISTICS - According to a recent report, Cancun, Tulum, and Playa del Carmen are among the top three pre-sale vacation condo markets in Mexico for investment in 2023. -The average gross return on investment (ROI) for vacation rental condos in the beach resorts of Playa del Carmen, Cancun, and Tulum is estimated to be from 4.9% up to 8.2% in 2023.* - It is estimated that presale condos in Playa del Carmen, Cancun, and Tulum will appreciate by an average of 17% in 2023 **
- Today, according to the United Nations World Tourism Organization (UNWTO) Mexico is the 8th most popular vacation destination in the world, and Cancun and The Riviera Maya are the most popular tourism destinations in the country. references: * https://www.inmuebles24.com/noticias/wp-content/uploads/2022/12/INDEX_Q_ROO_REPORTE_2022-10.pdf ** https://www.eleconomista.com.mx/econohabitat/Los-5-estados-que-registraron-los-mayores-aumentos-el-precio-de-la-vivienda-durante-el-2022-20230210-0082.html ** https://www.gob.mx/shf/es/articulos/indice-shf-de-precios-de-la-vivienda-en-mexico-primer-trimestre-de-2023-333210?idiom=es