Friends often ask what the best part of owning property in the Riviera Maya is. There are so many reasons, though it would be difficult to pick just one. So, let’s call it a tie!
A sense of adventure
Owning a property in the Riviera Maya means always having a place to land for a getaway. A true tequila sunrise, if you will. When you own a property in one of the most sought-out resort areas in the world, vacationing becomes a lifestyle. When you live there, your lifestyle is like an eternal vacation.
There are so many fun things to do!
Owning a property in the Riviera Maya means you have a base from which to go exploring through the bevy of endless adventures. There is something for everyone. For those interested in culture and history, there are countless archaeological sites and Mayan ruins to visit. At each site, you can get a guided tour from locals and learn about the fantastic magical traditions of the Maya. You can also expand your mind at the Planetarium and the Museum of Sub-Aquatic Archaeology.
The incredible Caribbean waters are, of course, a huge draw. Boasting the second largest barrier reef in the world, the Great Mayan Reef lines the coast of the Riviera Maya. Water exploration is second-to-none. There are hundreds of places to go snorkeling and scuba diving both out at sea, and inland in the freshwater cenotes (sinkholes). There’s also jet skiing, paddle boarding, surfing, fishing, and zip-lining. Or go island-hopping for the day on a local ferry.
Wildlife in the Riviera Maya is very diverse and abundant as well. You can swim with whale sharks, get up close to crocodiles. If you are lucky, you might see frolicking monkeys or one of the local jaguars roaming through the Sian Ka’an Biosphere Reserve. You can photograph and listen to the songs of hundreds of species of local birds.
Oh, and the food! Fresh local produce, fresh seafood, and artisanal cuisine. So many tasty delights to enjoy for just a few dollars! Your taste buds will thank you!
An investment that makes sense
Owning a vacation home anywhere else in North America is much more costly than owning property in the Riviera Maya. Base prices for a house or a condo in the Riviera Maya is on average less than half of what you could expect to pay for a home in a warm coastal town north of the border. The carrying costs are also much lower. Due to lower maintenance costs in Mexico, you can expect to spend a fraction of the price on your home over the life of your investment.
Perhaps even better than the low initial and carrying costs is the return on investment when owning a property in the Riviera Maya. The vacation rental industry is booming, and the Riviera Maya is a top vacation destination. The income generated from having a vacation rental pays off the initial investment much more quickly, saving even more money in the long run.
Additional cash inflow can also be invested in upgrades and renovations to add equity to the property. Or use the cash flow to finance your adventures. Either way, the investment is easily leveraged to add features to your investment portfolio. And managing your property as a vacation rental means your investment is protected from market fluctuations and inflation. It’s a win-win-win.
The best part – Enjoy life more
Perhaps the best part of owning a home in the Riviera Maya is having options. If you aren’t quite ready to retire or to move to Mexico, then you have a property you can use as a vacation home. When you own a vacation home, you will take more vacations, enjoy more adventures – enjoy life more. Why throw thousands of dollars away on hotels when you can invest in a home you own instead? When you aren’t using the home for your own vacations, you can generate income by renting it to other vacationers. Then when you are ready to move or to retire, you already own a home in a tropical paradise.