While the Riviera Maya has maintained relatively consistent tourism from Americans looking for sunshine and fresh air during the past year of COVID, Mexican nationals from larger cities are also flocking to the area. This influx has contributed heavily not only to the hotel and vacation rental industries but also to the real estate industry.
Unfortunately, residents of Mexico’s three largest cities (Mexico City, Guadalajara, and Monterrey) have suffered through the combination of heavy COVID restrictions which include the closure of many public spaces like parks and recreation areas, and the high cost of real estate restricts the average middle to high-class person from larger properties in nearby areas.
Inside of the Riviera Maya, development in hot areas like Playa del Carmen, Puerto Aventuras, and Tulum has been consistent for years, and the prices for a property on or in close proximity to the beach are a fraction of the cost of what they are in high-end areas of big cities. Development and population densities, pollution levels, and COVID restrictions are also reduced in comparison. So long as remote work and schooling continue, it is logical, for those able, to acquire a property in the Riviera Maya, and spend as much time as possible. As the COVID vaccine is spread to greater portions of the population, these people will gradually return to their primary residences. However, they will still have an appreciating, income-generating vehicle, as well as a wonderful place to vacation in the Caribbean.