Best tourist destinations in Mexico to buy a vacation home
Choosing the right location to buy a vacation home will not only guarantee a safe investment for the homeowner, but it will also give you the opportunity to earn a steady income.
Mexico is a country rich in culture, natural resources and internationally popular tourist destinations. This can be seen clearly reflected in the data offered by the Undersecretary of Planning and Tourism Policy, who in his report "Results of Tourism Activity January 2019" indicated that, only for January 2019, more than 3.5 million international tourists had arrived in Mexican lands; that is, 143 thousand more tourists with respect to the same period of the previous year.
This 4.3 percent increase in arrivals is a good indicator for those interested in investing their capital in real estate located in some of the best tourist destinations in Mexico and take advantage of the real estate surplus of these sites using vacation homes acquired for personal use or for leasing.
According to information from FONATUR tourist activity and destination statistics, as well as research by Vivanuncios, the eBay real estate portal, the following are some of the best tourist destinations in Mexico to buy a vacation home.
La Paz, Baja California Sur
According to the ranking of tourist arrivals at sun and beach destinations, by the end of 2018, La Paz had received an average of 310,692 tourists in its various cultural and tourist venues.
In practice, this represents a great opportunity for investors to take advantage of the large economic revenue presented in this city and acquire one or more vacation homes that can eventually rent to third parties, adapt to start a business themselves or occupy them to save a large amount of money on lodging when they decide to take a long vacation.
Despite being a small city compared to other tourist destinations in Mexico, La Paz offers its inhabitants the opportunity to stroll through its port full of nightly activities, dive in the famous "Sea of Cortez", visit the Bay of Magdalena and participate in its many fishing activities, as well as get to know magical towns nearby, such as Loreto or Coronado Island, where everyone will find an activity that will make them remember their vacation forever.
The vacation homes for sale in La Paz have prices ranging from 1 million pesos (USD 51,614), reaching amounts of up to more than 7 million pesos (USD 361,299).
Cancun occupies the number one position in the aforementioned ranking, with approximately 5,915,025 international tourists arriving at its coasts and beaches at the end of 2018.
This city is known internationally for its offer of night activities, five-star hotels, flora and fauna conservation centers, and amazing shows with luxurious services; therefore, buying a vacation home in this destination will give the investor the security that his property, rather than generate expenses, will bring to his pocket useful income to continue increasing his patrimony.
Due to the concurrence of foreign tourists, most monetary transactions are made in dollars, which gives them an added value to the income generated by renting fully equipped vacation homes, in a good location and with different services at hand.
Among the most popular activities that can be done in this great city are: water sports in the open sea, visit the Nichupté lagoon, spend endless days in the facilities of Xcaret, know the town of Bacalar and visit different cities and nearby congregations such as Mahahual, Chetumal, Playa del Carmen, and the island of Cozumel.
The houses for sale in Cancun have prices ranging from 2 million pesos (USD 103,228), reaching amounts of more than 50 million pesos (USD 2,580,713).
The Riviera Maya is a section of the country composed of different towns and tourist cities located next to the coasts of the Caribbean Sea. Among its most famous locations are Maya Ka'an, Sian Ka'an, the archeological zones Tulum, Coba, Muyil, the beautiful city of Playa del Carmen and Cozumel Island.
This destination is ideal for buying a vacation home as it occupies third place in the ranking for arrival at sun and beach destinations with an approximate of 3,264,826 tourists arriving in its coasts and using services such as hotels, transportation, and entertainment.
In addition to being the ideal destination to rest and relax, some activities that can be done in the different areas that make up the Riviera Maya are: explore the wildlife, visit the channels and mangroves, kayaking, diving, hiking to specific areas of the jungle, learn the history of the Mayan civilization through its various archaeological ruins and have fun until dawn in its many options of nightspots.
As for vacation homes, real estate prices range from 900 thousand pesos (USD 46,452) in areas away from major cities, reaching amounts of up to more than 60 million pesos (USD 3,096,856), depending on the area where the property is located.
Located in the peninsula of this state, Los Cabos is one of the best tourist destinations in Mexico thanks to its offer of entertainment, incredible landscapes, growth opportunities and real estate offers, which will make investors obtain the income they need thanks to the real estate capital gains generated by the properties, as well as due to all the comforts and facilities close to them.
In this destination, tourists and locals can witness the sighting of humpback whales, depending on the season, dive in Cabo Palmo, practice extreme sports such as zip-line and jet skiing, fish, spend time relaxing in hundreds of five-star restaurants and save on lodging by renting a vacation home for a few days.
In 2018, Los Cabos received approximately 1,409,602 international tourists, which caused an economic spill in the perfect service industry for investors who, in addition to buying vacation homes, are interested in starting a profitable business in this city.
Prices of houses in Los Cabos range from 2 million pesos (USD 103,228), reaching amounts of more than 2 million USD.
Known as "El Tesoro del Pacífico Mexicano" (The Treasure of the Mexican Pacific), this area is located only a few minutes north of the Puerto Vallarta airport.
It has 23 micro destinations and more than 300 kilometers of virgin coastline where more than 80 annual events are held that all tourists can enjoy; from extreme sports competitions such as surfing, polo and fishing tournaments, to martial arts competitions, different visits to turtle nests, tours to places such as Sayulita, Nuevo Vallarta, Bucerías, Punta de Mita and more magical towns.
Last year it received more than 1,328,153 international tourists, offering real estate investors the opportunity to start their temporary rental business or letting them enjoy a vacation home without the worry of having to make last-minute hotel reservations.
Riviera Nayarit real estate can be used in a variety of useful ways, so the added value they generate over time, along with the amenities this port offers on a daily basis, will help those who wish to buy a vacation home to recoup their investment and increase it in a short time.
This is one of the best tourist destinations in Mexico, so that the vacation homes in the area have a price from 1 million pesos (USD 51,614), reaching amounts up to more than 20 million pesos (USD 1,032,285).
Consider these five options of the best tourist destinations in Mexico to buy a vacation home and increase your investments, giving security in the future to your family and their assets.