Whether you want to buy a vacation home or invest in rentals, the Cancun is a privileged destination in Mexico. It is a dream destination with incredibly beautiful beaches and the Caribbean water is breathtakingly clear. It is one of the most attractive investment destinations in the world. Keep reading to find out why the Cancun won’t depreciate.
1. Cancun’s Real Estate is one of the 10 most dynamic markets in the world.
Mexico and Cancun Real Estate ranked among the 10 most interesting markets in the world, and this should only increase. Prices have risen sharply thanks to the positive evolution of sales, which have been increasing every year for the last 3 years.
2. Hotels have occupancy rates of more than 80 percent.
The hotel and holiday rental sectors are becoming more and more popular, thanks to occupancy rates that are getting higher and higher year after year, thus proving its profitability.
3. More than 13 million tourists visited Mexico’s Cancun last year.
Cancun is becoming one of the most popular destinations for tourists from all over the world, its paradisiacal setting never disappoints.
4. The Mexican economy is strong.
Despite a rather weak peso and a sometimes unstable policy, the Mexican economy remains strong. Its weak pesos attracts investors from all over the world who find their happiness in it and do not hesitate to invest twice as much, which favors Mexican growth.
5. Steady population growth.
In terms of population, the state of Quintana Roo is the state of Mexico that has grown the most at the national level, the demography has increased by 6.1%, which is the equivalent of 40 thousand people. This high growth rate benefits all sectors (restaurants, hotels, human services, and of course real estate).
