Ownership in the Riviera Maya Continues to Prove Prosperous
With a sustained hotel occupancy rate over the last two years, the vacation ownership segment in the Riviera Maya has benefited greatly. Varying areas of vacation investments and property ownerships have seen high and consistent occupancy rates, which has meant a decent ROI for many.
Real estate for this year also looks favorable as the harsh winter in the United States and parts of Canada have many heading south for a cold weather break. The high US exchange rate against the Mexican peso has also played a favorable role in Americans heading south in record numbers.
Data from the Cancun International Airport showed 2015 as being a very good year in the tourism industry in general as people continue to arrive from around the world. While airport arrival figures have been one strong indicator on the number of travelers to the region, hotel occupancy is another with a higher than average rate throughout much of 2015.
One of the many positive results to the continual rise in tourists has been the sale of vacation ownerships as more and more people purchase a second home as a vacation investment property. Mexico’s Riviera Maya has become a matchless mix of residential tourist projects that offers a dynamic assortment of residential homes, condominiums and hotel plots that have proven to be appealing due to their exclusiveness, security and one-of-a-kind concepts.
The prestige of the Riviera Maya along with its boost in infrastructure and diversity of hotels in every category has made it one of the most desirable tourist resorts in the country. It has grown to earn a reputation of being the most active resort areas in the Caribbean and continues to ensure competitive prices and unique attributes that makes buying property here a proven solid investment choice.