Property Rights in Thailand
24/07/2024
Investor tips Real estate ThailandThe Mexican real estate sector stands out for its heterogeneity and promising development prospects. Investors from all over the world can find a wide range of properties here, from apartments in urban centers such as Cancún, to luxury residences in the eco-chic town of Tulum, to luxurious coastal villas in Playa del Carmen… Mexico’s economic solidity, its participation in major free-trade agreements such as the USMCA (agreement between the USA, Mexico and Canada), and the prosperity of its industry reinforce investor confidence.
The real estate market has seen significant price growth, particularly in metropolitan areas and key tourist destinations. For example, the state of Quintana Roo, in which the famous Riviera Maya is located, has seen real estate prices rise by over 16% between 2022 and 2023, testifying to the vitality and expansion of the sector.
Mexico City, the capital, blends modernity and tradition, offering a lifestyle rich in culture and economic diversity. It represents fertile ground for those looking to set up a business in Mexico. Nevertheless, for those in search of a better lifestyle or lucrative rental property opportunities, the Riviera Maya presents itself as an ideal alternative.
The Riviera Maya, the coastal region of the state of Quintana Roo, encompasses such highly sought-after places as Cancún, Playa del Carmen and Tulum, renowned for their heavenly beaches and booming tourism. Whether for year-round residence or investment, these cities offer a well-developed infrastructure and easy access to a wide range of services and activities for foreigners. The real estate market offers a vast selection of properties, from condominium apartments to prestigious villas.
There’s much more to the region than its breathtaking beaches, making it particularly attractive to investors:
– Stability and resilience: The Riviera Maya has maintained high demand for its real estate, even during uncertain times like the COVID-19 pandemic, thanks in particular to the arrival of digital nomads and American tourists seeking a better quality of life.
Infrastructure expansion: Government investment in infrastructure, such as the “Tren Maya” project and the new Tulum airport, is increasing the region’s accessibility and appeal, promising future real estate appreciation.
A Flourishing Rental Market: Riviera Maya’s popularity as a vacation destination ensures strong rental demand, with platforms like Airbnb making it easy for investors to manage vacation rentals.
These elements, among others, make real estate in the Riviera Maya a wise choice for investors seeking diversification and yield in an exceptional setting.
Osiris Investissements has been present in Mexico since the beginning of 2024, with French-speaking partners on the ground. Please do not hesitate to contact us for further information or to arrange a private meeting with our advisors.
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