WHY TULUM IS THE TOP SPOT FOR REAL ESTATE INVESTORS
Tulum, located in the idyllic region of Quintana Roo, has rapidly emerged as a magnet for real estate investors worldwide. Its growing appeal among international travelers, coupled with lucrative investment opportunities, has positioned Tulum as a key player in the global real estate market.
A Promising Investment Landscape
Jorge Kupferman, a broker from Miami Life Realty, emphasizes that investing in Tulum’s real estate market translates to long-term financial returns with a promising outlook for sustained income. Companies like Miami Life Realty are keenly eyeing Tulum, recognizing its potential for growth and consistent property value appreciation.
Tulum, an essential part of the Riviera Maya, captivates visitors with its pristine white-sand beaches, turquoise waters, rich Mayan heritage, and vibrant cultural and culinary offerings. These factors contribute to Tulum’s unique, cosmopolitan charm, making it an ideal spot for real estate investment.
Attractive Investment Opportunities
The city offers new and developing properties starting at $130,000, with annual returns ranging from 10% to 11% in USD. In 2023, Tulum attracted approximately 1.8 million tourists, a testament to the high-quality tourism that fuels the demand for real estate.
The recent opening of Tulum’s airport in April has significantly enhanced its connectivity with the rest of the world, bolstering its status as a premier Caribbean destination. Coupled with expanding infrastructure and projects like the Maya Train, Tulum is set to remain a preferred real estate investment destination in the region.
Why Investors Are Drawn to Tulum
1. High Returns
Kupferman highlights that the primary reason for investing in Tulum’s real estate is the high return on investment. For years, both local and international investors have channeled their funds into this city through property development, attracted by its global appeal. The influx of visitors, which reached 1.8 million in 2023, ensures steady returns on investments.
The acquisition of a hotel in the Riviera Maya by Louis Vuitton, one of the world’s leading luxury groups, underscores Tulum’s investment potential and the growing interest in its hospitality sector.
2. Tourism Appeal
Kupferman also points out Tulum’s immense tourism appeal, both nationally and internationally. The city’s hotels often boast near 100% occupancy, driven by its stunning beaches, natural beauty, rich culture, exquisite cuisine, and vibrant nightlife that cater to couples and families alike.
3. Ecological Focus
Tulum stands out for its ecological consciousness. Despite welcoming around 2 million tourists annually, the region has robust environmental protection mechanisms, offering unique nature encounters and sustainable tourism experiences.
4. Strategic Location
Tulum’s strategic location is another significant draw for investors. It is close to other popular tourist destinations like Holbox, Isla Blanca, Cancun, Puerto Morelos, Playa del Carmen, and Bacalar, enhancing its property value. The upcoming Maya Train project is expected to further increase property values in Tulum by 20% or more.
5. Infrastructure Development
Kupferman notes that Tulum’s infrastructure development sets it apart from other cities. From its well-developed roads and pathways to its high standard of hospitality, Tulum is continually enhancing its appeal to investors.
Conclusion
Tulum’s blend of natural beauty, rich culture, high tourism appeal, ecological focus, strategic location, and robust infrastructure makes it a standout destination for real estate investment. With promising returns and continuous growth, Tulum truly shines as a jewel in the international real estate market.