Buying properties in Tulum, Mexico has been on the radar of many Savvy investors who are looking for the highest returns in the real estate markets. Tulum has become a monumental tourist destination in Mexico and brings in many visitors per year from around the world. The pristine world-renowned beaches, the turquoise glimmering sea, culinary delights, and the wellness ambience are just some of the attractors for why people choose to acquire properties here. Tulum has become the Mecca of holistic therapies, relaxation and retreats with the warm healing waters, white sands, and spa services close by. In addition, there are many sights to see and cultural experiences that draw people from all over the globe. Tulum offers variety to every traveler and vacationer out there and Investors are seizing the opportunities with the buy in price points that are extremely accessible.
Tulum brings a lot of people who are looking to relocate as their primary residence. This becomes a new lifestyle opportunity where the quality of life can increase living in Mexico. Many opt to buy a pre-construction residence to gain equity immediately or others choose to buy in an area that will appreciate over time.
Investors who are looking to get the highest returns on the amount invested choose to rent their properties out 70-80% of the time while receiving the highest returns, and this is done from a financial standpoint. Hotels on Beach Road in Tulum will cost anywhere from $300 usd to $2,000 usd per night depending on the dates and location. That is where the air bnb market has come into play and makes financial sense for the investor, and the renter. Many vacationers would like to come down and stay for a few weeks, with the comfort and space of a private residence which in turn is much more cost efficient than a hotel.
We also have the investors who would like to use their properties for vacation getaways and spending time with family and friends, while renting it out other times and covering some costs but overall likes the flexibility of using their vacation home for getaways at their leisure.
In Mexico, properties can be more accessible in various aspects, such as lower purchase prices and property taxes, in addition to regular expenses and management of properties being lower. This creates a higher generation of income and overall return on investment.
There are various avenues to take for each type of investor. Whether you are looking for land banking, equity gains or rental returns, the value of the area is increasing tremendously. This has made Tulum an extremely desirable place to invest in a property.