Advantages of Buying Land in Tulum
Tulum, Mexico, is a beautiful coastal town located on the Yucatan Peninsula. It is known for its pristine beaches, lush jungles, and ancient Mayan ruins.
It has become a popular tourist destination around the world, with a growing number of visitors flocking to the area each year. There is also a large foreign and national population arriving to settle and live permanently in Tulum, which is generating a real estate boom, making it one of the most attractive places to invest in real estate worldwide.
If you’re thinking of making a real estate investment, in this article we will talk about some of the main advantages of buying land in Tulum.
High Appreciation Potential
Tulum’s real estate market has seen impressive growth, with land prices steadily increasing.
According to what we’ve seen over the past few years, Tulum real estate values are expected to continue to increase, which means that buying land now is a wise investment.
Tulum’s popularity as a tourist destination is not expected to wane, and the town will continue to attract more visitors; therefore, property values will continue to appreciate in the future.
Attractive Location
Tulum is located on the fabulous Caribbean coast of the Riviera Maya. It is a city bathed by turquoise waters, surrounded by natural beauties such as cenotes, lagoons and underground rivers, as well as jungles with privileged flora and fauna. It has its own pre-Hispanic settlement, but it is also close to some of the most impressive ancient Mayan ruins in existence, such as Chichén Itzá, Cobá, and of course, the impressive “Castillo” here in Tulum.
Cancún, Mexico’s most famous beach destination, is only a two-hour drive away, and other small paradises such as Akumal, Playa del Carmen and Puerto Morelos are within easy reach. Ancient and colonial Mexico is also accessible within a short distance from Tulum, with cities like Valladolid and Merida. To reach them, a wonderful journey is made on small roads in the middle of the jungle, with stops in incredible landscapes such as cenotes, magical villages, or to taste the best delicacies of typical Yucatecan food in the restaurant of an authentic colonial hacienda, immersed in the jungle of the Mayan world. Tulum’s privileged and attractive location is one of its greatest selling points, and makes it a fabulous place to invest in real estate of all kinds.
High Rental Income Potential
Tulum’s growing popularity as a tourist destination means that there is a high demand for rental properties. Many visitors prefer to stay in vacation rentals instead of hotels, making rental properties a popular investment option.
Buying land in Tulum and building a rental property could be a smart investment, as it could generate a steady stream of rental income.
Another growing rental market is the “long-term rental” market, as there is a large number of people coming to live permanently in Tulum, and housing for long-term residents is very limited, therefore expensive, which has created a new niche market that housing developers are taking advantage of with very good results.
Strong Legal Framework
Mexico has a robust legal framework that protects property owners’ rights, including foreigners. This means that buying land in Tulum is a secure investment, as property owners are well-protected by the country’s laws.
This doesn’t mean that you shouldn’t take the necessary precautions to make sure that the property you are buying has the complete and legally correct documentation to be able to be transferred according to the laws of real estate acquisition in Mexico.
Affordable Land Prices
Compared to other popular tourist destinations like Cancún or Playa del Carmen, land prices in Tulum are relatively affordable. This means you can get much more value for your money by investing in Tulum.
You can make your own conclusions, but for us here at Riviera Tulum, who have around 15 years of experience and “spearhead” in the residential and commercial real estate market in Tulum, we can assure you without a doubt that we are in the best moment that the real estate sector has seen in this destination since its inception, and we project several more years with the same upward trend.
If you want to make a good and safe investment, come to us. In Riviera Tulum, we have a variety of land and homes available for purchase in a private gated community with 24/7 security, first-class amenities, an excellent location in the Mayan jungle and just minutes from the beach.
We handle prices in pesos, and we can finance your land purchase for 24 months without interest.
Get in touch with us! We’d love to meet you and help you find the perfect lot in Tulum.