Investing in real estate is one of the best alternatives to combat inflation, not only in Mexico but also worldwide. But do you know which cities in Mexico have the most potential for Real Estate? According to Mauricio Cohen, CEO of American Realty, there are five cities with the most potential for real estate investments in Mexico.
In a recent interview, Cohen highlighted Guadalajara, Monterrey, Tulum, Playa del Carmen, and Puerto Vallarta as the top five cities for real estate investments. Cohen explained that these cities offer different opportunities and advantages, depending on the investor’s interests and objectives.
Regarding Guadalajara and Monterrey, Cohen said, “These are very attractive cities for investment because they offer very stable dynamics. Although the profitability ranges between 4% and 9%, the appreciation can reach up to 16%, thanks to the excellent real estate development in these areas. Investors can find a steady return on investment ranging from 4% to 9% with Airbnb schemes and appreciations of around 14% to 16% in Guadalajara and Monterrey.”
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For Tulum, Playa del Carmen, and Puerto Vallarta, the tourist activity increases the attractiveness of investing in real estate to meet the demand for vacation spaces. Cohen said, “These cities show higher appreciation rates, but especially higher cape rates, which can be rented for tourist schemes, delivering returns ranging from 9% to 15%, which is excellent for a property. Additionally, there is the appreciation that these properties gain over time, making them very attractive for investors.”
According to Cohen, these beach destinations have a great outlook for the future since Mexico is entering a new era in tourism given the excellent conditions that the country offers. In addition, projects like the New Tulum Airport and the Tren Maya will contribute to the positive scenario of the Riviera Maya, boosting the growth of the region even further.
Cohen highlighted that European and American citizens are becoming more interested in buying a property in this region, “We believe that Mexico is entering a golden era in the tourism sector and, therefore, in the vacation housing market since it has all the characteristics that a country needs for this. An essential factor is the climate and the ease of communication, which is why more and more Europeans and Americans are looking to buy a property in this region, given the significantly lower cost of living compared to their countries of origin.”
In conclusion, Cohen recommends investing in real estate in Guadalajara, Monterrey, Tulum, Playa del Carmen, and Puerto Vallarta, as they offer different opportunities and advantages depending on the investor’s interests and objectives.