The high real estate surplus value in the Riviera Maya, state of Quintana Roo, opens up a solid opportunity to invest in this destination known internationally for its innumerable natural attractions. It should be noted that currently Mexico is the second world tourist power.
Why is it a solid opportunity to invest in Riviera Maya?
1.- In the last five years, the growth of foreign and national capital has focused on the hotel industry and real estate development, since the demand has grown exponentially, it has registered an increase of 20% in terms of sales in the last five years, placing the state of Quintana Roo within the ten markets with the highest growth in the world.
According to the declaration of the highest authority in the state government, in the first quarter of last year 2021 an investment in the sector of more than 91 million dollars was registered; that is, 67.2% more compared to the same period in 2019.
2.- Foreign exchange income from tourism could exceed 26 billion dollars at the end of 2022. According to Communiqué 162/2022 issued by the Secretary of Tourism of the Government of Mexico, through its head Miguel Torruco Marqués, he announced that based on expectations, this year Mexico will capture 26 thousand 121 million dollars in income from international visitors, this is 6 thousand 325 million dollars more than estimated in 2021, that is, 32% more, and 6.3% above the level observed in 2019.
He indicated that, at the end of 2022, the arrival of 42 million 301 thousand international tourists is expected, 10 million 425 thousand more than what was registered in 2021, this is an increase of 32.7%, and only 6% to reach the level observed in 2019.
He pointed out that the estimate of tourist consumption is 152 thousand 591 million dollars, which means an increase of 14.3% compared to 2021. Of which, 13 thousand 893 million dollars would be for consumption by lodging, this is 18.7% more than in 2021.
He pointed out that an annual average occupancy of 55.9% is expected, standing 14.6 percentage points above 2021, when it closed at 41.3%, which in turn was 15.3 percentage points above 2020.
Likewise, it made a comparison of the Tourism GDP in the national economy, in three critical years: 1995 due to the economic crisis in Mexico, in 2009 due to the AH1N1 influenza and the world economic crisis of that year, and in 2020 due to the pandemic, when it was of 6.9%, after being at 8.5% in 2019.
Consultation link: https://www.gob.mx/sectur/prensa/ingreso-de-divisas-por-turismo-podria-superar-los-26-mil-millones-de-dolares-al-cierre-de- 2022#:~:text=Pointed%20than%20%20estimate%20of,18.7%25%20more%20than%20in%202021.
3.- The Mexican Caribbean is a key piece for the growth of Mexico, which is why both the public and private sectors have allocated capital for its development. Mexico federal government has allocated a millionaire investment for the construction of the “Mayan train”, which will generate better connectivity with the southeast of the country and increase national tourism.
4.- Construction of the largest shopping plaza in the Mexican southeast “Go Grand Outlet”, between Cancun and Puerto Morelos, that will attract an important economic benefit to the area; It is a new project that will have a total area of more than 250 thousand m2; of which 90,000 m2 will be commercial area and you can see artificial lakes that add up to an area of more than 80,000 m2.
5.-International connectivity. The Riviera Maya has the Cancun International Airport where operates more than 55 airlines with connectivity to Europe, Asia and the rest of America; Likewise, it has a highway network that connects with the entire state and the main cities of southeastern Mexico.
Without a doubt, real estate investment within the Riviera Maya is a solid option to diversify investments in luxury apartments, luxury houses and luxury apartments. It should be noted that the value of real estate assets is not affected by inflation, quite the contrary, the Riviera Maya is a destination that guarantees high returns through added value and annual profitability, it represents a convenient option to take advantage of the tourism industry.
Invest in Wyndham Grand Mayakaan Residences, it is only 5 minutes from the large shopping mall “Go Grand Outlet”and 15 minutes from the Cancun airport, which makes its location ideal for high-value investments.