THE MAYAN RIVIERA
SYMBOL OF BROTHERHOOD
Mexico and the United States of America have a long commercial, economic, migratory, diplomatic, political, cultural and territorial history together; but beyond that, they are countries where their people converge in a very close and special way. To refer a point of unity and communion with the economic pressures facing the so-called baby boomers (a term used to describe a person born during the baby boom during the post-World War II period between 1946 and the early 1960s) due to high health care costs and the loss of purchasing power from the global recession, a growing group of Americans over the age of 55 are seriously considering relocating to Mexico during their retirement.
This segment of the population wants to make smart, socially responsible and sustainable decisions when investing in a property, as their expectations are to live in a quiet place preferably in coastal communities in Mexico, such as “La Riviera Maya”, finding a wide offer of profitable real estate developments and close to the United States, as well as the low acquisition costs compared to other destinations in our neighbor to the North.
The first generation of baby boomers (silver wave) is on its way and growing.
According to the Grantmakers in Aging organization, currently one out of every six Americans is 65 years old or older and it is estimated that the population over 65 years old in the U.S. will double in the next three decades. This is where the real estate supply and demand in the Riviera Maya is positively matched, as it offers real estate developments that include walking trails, golf courses, convention centers, medical care, swimming pools, outdoor sports facilities, hiking trails, cycling trails, restaurants, and shopping complexes, among others. This is why investing in real estate in the Riviera Maya is highly profitable for investors. It is worth mentioning that the investment of American “baby boomers” increased during the COVID pandemic.
Social and cultural interaction is easy because due to the fact that the Riviera Maya being a tourist destination, the service sector has bilingual personnel, so it is not essential for an American retiree to speak Spanish.
The cultural differences do not diminish in the daily coexistence, as the retirees outside his native country continue conserving their traditions and commemorations, being a socially and culturally enriching fact. For example, on June 14, U.S. citizens celebrate Flag Day on the same day that the U.S. Navy commemorates its anniversary. A significant day for our American brothers and sisters, celebrating by displaying the red, white and blue in front of their homes.
Undoubtedly, the Riviera Maya beyond just being “Playa”, is a destination that symbolizes brotherhood where international idiosyncrasies converge in a natural way, where the flags of Mexico, the United States of America, Canada, Spain, France, Japan, and many others stand together. Real estate investment in the Riviera Maya is a solid option to diversify capital with the possibility of generating great profits with benefits in a medium to long term period, taking into consideration the value of real estate assets is not affected by inflation and the tourist demand is one of the highest in Mexico, thus being the new ideal scenario for real estate investors.
If you are interested in investing and securing your patrimony, INVEST in Wyndham Grand Mayakaan Residences real estate development, which is only 5 minutes away from the Gran Outlet Malltertainment and 15 minutes away from Cancun’s international airport.