Why invest in Mexico?

Mexico, the 13th largest economy in the world in terms of GDP in 2023 according to the IMF, offers interesting prospects in real estate. Its economic assets, its strategic position below the USA, the richness of its nature and its history make the country a destination of choice both for visitors from around the world, and for investors wishing to take advantage of this land of opportunities.

Real estate in Mexico: why invest?

Real estate in Mexico is characterized by its diversity and growth potential. The market offers attractive opportunities for international investors, with a variety of properties available, from urban apartments in Cancùn to beachfront villas on Playa del Carmen. In addition, its macroeconomic stability, its position in strategic trade agreements such as the USMCA (agreement between the USA, Mexico and Canada) and the wealth of its industry reinforce investor confidence.

Find out more about Mexico’s economy

Mexico has seen a marked increase in real estate prices, particularly in urban and tourist areas such as Mexico City and the Riviera Maya. For example, the state of Quintana Roo has recorded an increase of over 16% in property prices between 2022 and 2023 (SHF index).

The Mexican real estate market is thus showing signs of vitality and expansion, and offers a dynamic and varied landscape in which to live or invest.

Overview of real estate in Mexico

Mexico City, the capital, combines modernity and tradition, offering a rich cultural scene and diversified economic assets. Those wishing to work in Mexico will certainly find good opportunities. However, for expatriates looking for a better quality of life and a pleasant climate, or for investors looking to generate good rental yields, the Riviera Maya will be a more suitable destination.
The Riviera Maya, a coastal strip located in the state of Quintana Roo, includes some of the country’s most attractive destinations, such as Cancún, Playa del Carmen and Tulum, which attract visitors with their magnificent beaches and flourishing tourism. Whether you’re looking for year-round living or investment, these cities are the most suitable, as they offer well-developed infrastructures, services and activities that are easily accessible to foreigners. In terms of real estate, you’ll find a wide range of offers, from Condominium rental apartments in Cancùn or Tulum for around €200,000*, to luxury villas on Playa del Carmen for €400,000* or more, for living all or part of the year in the sun.There are also other, quieter destinations, such as Puerto Adventuras with its marina, or the island of Cozumel, suitable for water sports enthusiasts.

Upscale apartment program 20 minutes from Tulum

The advantages of real estate on the Mayan Riviera

The Riviera Maya is not just synonymous with beautiful beaches. The region has a number of special assets that make it particularly attractive to investors:

A stable, resilient market: During the pandemic, the Riviera Maya managed to maintain strong demand for its second-home villas and vacation properties, thanks to the influx of digital nomads and American visitors looking for a better lifestyle. This has enabled the region to establish itself as a stable, competitive market, and to gain a head start in the recovery of international tourism.
Infrastructure development: The government’s commitment to infrastructure development has improved the region’s accessibility and attractiveness. Improved roads and utilities make daily life more comfortable for residents and property easily accessible for investors. Some of these projects include the “Tren Maya”, a rail network that will link several key towns on the Riviera Maya, and the recent inauguration of the Tulum airport in December 2023.
High value potential : These improvements – among others – to the rail and airport networks have the potential to drive up property prices in the future. So investing in Riviera Maya real estate today can bring good prospects of added value in the future.
A rental market in high demand: The popularity of the Riviera Maya as a vacation destination is conducive to a thriving rental market. Platforms like Airbnb allow investors to take advantage of short-term rentals, especially during tourist seasons. A number of real estate agencies have also been set up to take on this management task on behalf of the investor. What’s more, the diversity of available properties opens up the market to all budgets.

Real estate investment in Mexico, and more specifically in the Riviera Maya, represents a significant opportunity for foreign investors. The market offers not only good prospects for value appreciation, but also a unique opportunity to own a villa or apartment with swimming pool in one of the world’s most beautiful locations.

Average prices based on market trends in January 2024. Conversions in € for information only: sales prices in US Dollars.

Source :

https://zoomplaya.com/fr/the-riviera-maya-real-estate-market-trends-and-forecast/