How can you tell if Cancun real estate is currently a good investment? Consider the following facts about Cancun and Mexico, which point to a high level of confidence for return on your property purchase.
Mexico's Economy is Growing. Indicators from late 2010 have shown that the Mexican economy is clearly growing and looks like it will keep on the upward trend for the long term. Typically, Mexico's economy grows with the U. S. economy, but grows of a factor 1.5 times that of the U. S. So if the U. S. economy grows 3%, Mexico's economy is set to grow 4.5 to 5%. This means there are lots of investment opportunities in this country, including in real estate.
Mexico Draws Solid Large-Scale International Investment. For this same reason, international investors are tapping into Mexico as an emerging economy. 2010 saw a significant increase of private investment from foreign sources, with the U. S. , Canada and Spain topping the list of the amounts invested into the country. While here we are talking about millions and billions, you too can tap into Mexico's economy; one excellent choice is Cancun real estate.
Cancun is America's Favorite Destination. One of Mexico's most important growing industries is tourism. For this reason, President Felipe Calderon has declared 2011 the country's “year of tourism" to place a central focus on making this industry grow and flourish even more than it has been. Cancun, is both the favorite destination for U. S. visitors anywhere in the world, and is also the top destination for receiving foreign visitors on the whole in Mexico. A recent survey shows that Cancun in many ways defines the image of a beachfront vacation spot. This positions Cancun very well to benefit from both government and private investment stemming from the President's “year of tourism" and the resulting growth in tourism.
Cancun is a Regional Leader. Even beyond Mexico, Cancun is positioned as a regional leader in tourism for the Caribbean/Central America region. It is also emerging as an air travel hub between North America, South America and Europe. As these roles grow, Cancun will draw more visitors and more investment, and will offer residents increased services and a larger number of real estate options. This means opportunities for investors to cash in on growth.
All of these together mean that investors have many possibilities to see return on real estate investment for development, for business purposes, for vacation rentals and other purposes. Cancun real estate has been, and continues to be one of the most promising markets within Mexico and beyond.
Mexico Real Estate NETWORK; “Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"
Region: Cancun Real Estate by Cyndi Ader, originally from the US, has been living in Cancun, Mexico for 17 years. She is a member of A. M. P. I. (The Mexican Association of Real Estate Professionals) and is currently a member of the International Relations Committee. She is also an international affiliate of NAR (National Association of Realtors). She is the owner/broker of Cancun Properties Real Estate and specializes as a buyer’s broker.