What was once a quiet fishing village is now one of the most exciting places to live, work and visit. It is quickly becoming a magnet for property investors and still has room to grow.
Tulum real estate is attracting worldwide attention as a safe and lucrative investment opportunity. It was named the number one destination on the rise in 2016 by TripAdvisor and recognised as one of the most beautiful beaches in the world.
In addition, Tulum is becoming an increasingly attractive destination for investors looking for steady rental income and excellent long-term returns on investment.
A robust local economy, growing demand and booming tourism create endless opportunities.
The tourism industry is creating thriving demand and is ranking high on the list of the best places to retire in Mexico. The mixture of climate and culture makes it an ideal place to come for people who want to experience nature and wildlife.
Whilst the older generations target the area as a place of retirement, the young professionals are buying up holiday homes, giving them their own regular retreat as well as a reliable source of rental income from the ever-increasing tides of tourists.
The real estate market appears to have survived the pandemic relatively intact. Indeed, the promise of wide-open spaces and a warm climate make the area even more desirable as people seek out the post-pandemic living.
As a result of the increased popularity of the location, plans to invest in new infrastructure are underway, and Tulum will be, soon, better connected with the rest of Mexico – and the world. Scheduled to open in 2023, the new Maya Train will link Tulum directly to Cancun.
Additionally, in October 2020, the President of Mexico announced the construction of an international airport in Tulum. As of today, Tulum International Airport sets to open in 2023. Consequently, the city will become much more accessible to many tourists and families that consider moving here to work, as the offer of employment opportunities and business investment will grow.
This outlook is very positive for the economic growth of Tulum – a town that generates wealth and employment for the country.
Property in Tulum is also more accessible in many ways than property in the United States or Canada. Prices are relatively affordable, taxes are low, and the business setting is welcoming.
Above all, Tulum offers an exciting real estate opportunity with the prospect of a steady income and high returns on investment. The Airbnb market is also exceptionally robust, with good rental yields on properties of all types, and Tulum is listed as an up-and-coming location.
Tulum real estate setting should thrill investors for two reasons. First, as hype builds around the area’s potential, awareness is growing, and visitor numbers are expected to rise. It is a tourism market with plenty of room for growth. In turn, it means that property prices have more scope to increase.
The market is still in development, but demand increases by the year. With the recovery from COVID 19 and the desire for affordable properties with plenty of space, those investors who get involved today can expect to see significant returns in the future.
Discover more in our Tulum destination guide,
and contact us for information on real estate opportunities in Tulum.
