Throughout COVID-19’s interruption of life, the Riviera Maya has maintained its status as a world-class vacation destination with tourism open, maintaining strict hygiene standards to welcome those looking for a Caribbean escape or a temporary home to wait out the pandemic. In fact, the area drew many first-time visitors since other beachfront destinations worldwide and the cruise ship industry have remained closed.
Now, thousands of people are receiving COVID vaccinations on a daily basis. Previously closed to the idea, travel, and vacation are back on the table, and the next several months will bring even more visitors to the shores of the Riviera Maya. That means a higher demand for hotels and vacation rental properties, and lucky for those visitors, the real estate development pipeline has not slowed down, and even more, investors are taking advantage of the opportunity to own a slice of paradise.
Lower purchase prices and operating costs of real estate, a year-round tourism market, plus the general beauty of the area places the Riviera Maya at the top of the list for those looking for an income-generating property. Anyone considering real estate investment should seek out the advice of seasoned real estate investment advisors, like the team at Colibri Property to guide them through the process of acquiring a property in the Riviera Maya. Hurry up! There are some great opportunities that won’t last until the world reaches the “new normal.”