Why invest in the Riviera Maya?
Investing in real estate is one of the smartest and safest long-term financial strategies you can do. The benefits it offers you, when compared to the risks and volatility of the stock market, are numerous, here’s the information you need to know.
Economic Growth Projection in 2019
According to a recent financial report by the Citibanamex group, Quintana Roo has a projected economic growth of 4.5 percent, a figure that doubles the national average, stipulated at 2.4 percent. In this estimate, the entity will have in 2019, the third largest increase in its economy in the entire country.
This panorama represents a cascade of opportunities in all sectors, according to the governor, Carlos Joaquín, because “this growth will contribute to reduce inequality and generate more and better opportunities for people, with more well-paid jobs, to that families live better “, adding that in the same report, the report projected a closure of the state’s Gross Domestic Product (GDP) of 4.1 percent against a national average of 2.4 percent, again, double.
A prosperous and abundant state like Quintana Roo, is always making investments and improvements in infrastructure and services, essential elements of any good holiday destination. With modern roads, the country’s second most important airport and state-of-the-art technology, the surplus value of Riviera Maya real estate is more than guaranteed.
Tourism, the main economic sector of Quintana Roo, feels an immense attraction for the natural wealth and biodiversity that exists in the Yucatan Peninsula. Several of the most famous beaches in the world are found on the shores of the Mexican Caribbean. The soft pearly sand and the different shades of blue bathe Cancun, Playa del Carmen and Tulum, and even extend to the less known destinations of the south of the state. Investing in Riviera Maya real estate would give you your own slice of paradise.
By investing in an investment property, such as a vacation home or a luxury condominium, you will be opening the doors of your home to enthusiastic tourists looking for these same natural and beautiful environments, which can make your residence a starting point for explore the cenotes, the jungles and mangroves that host an endless amount of flora and fauna, with numerous endemic and unique species in the world.
Tourist figures that do not stop beating records
The constant growth in tourist arrivals has broken several records, and during 2018 several milestones were marked for the destinations of Quintana Roo. From appointments and recognitions, to awards of excellence and positioning in internet search engines, the fame of the Riviera Maya does not stop. Only in 2017, just over 15 million tourists stayed overnight in the state, and the figure, since then, has only grown. For example, hotel occupancy in Cancun went from having an average of 78.8 percent in the first half of 2017 to 81.85 percent in 2018, and these numbers do not even include the second half of the year, where the summer and winter seasons they cause an even more important arrival of visitors.
Not only traditional accommodation is news, its islands are also globally recognized. During 2018, Cozumel obtained a growth of 11.37 percent, with just over 4 million people arriving via cruise ships to visit its attractions. Similarly, operations at its airport have continued to grow, closing last year with a total of 541 thousand 598 passengers.
The archaeological zones, among which the world-wide archaeological site of Tulum stands out, received a total of 3 million 413 thousand visitors.
With these examples, it is demonstrated the wide interest that exists to visit the Mexican Caribbean, and before the growing popularity of alternative forms, such as the rental of holiday homes, your investment in investment properties would be more than backed by a historical fame and a very positive panorama of growth and development.
Do you need any other reason to encourage you to invest in real estate in the Riviera Maya? Let us know your doubts in the comments section it will be a pleasure to assist you.