Get ready, Cancunenses, because the rent's about to go up – well, if you haven't noticed already. No, that's not a threat, it's just simple real estate economics! With new buildings sprouting like palm trees after a good storm, we're staring down a decade (at least) of steadily rising rental prices.
“The higher the location, the higher the rent” has always been the motto here in Cancun. But after a little pandemic dip in prices, those rents are on their way back up! Patricia Mora Vallejo, president of the Mexican Association of Real Estate Professionals (AMPI) Cancún, lays it out plainly: housing and commercial rentals are a hot commodity, making Cancun a landlord's paradise.