Real Estate in Riviera Maya: a Success Story
In 2016, more than 21 thousand appraisals were recorded for the purchase of real estate in Cancun and the Riviera Maya; which meant a growth in the sector of 4.0% per year, according to the president of the Appraisers Association of Quintana Roo, Arturo Machuca García. The preceding, despite the expectations of low results as a consequence of the current economic crisis.
The foregoing is proof that the Riviera Maya continues to consolidate itself as the most appealing tourist destination for investment in real estate in the State of Quintana Roo and in general throughout Mexico. Besides, that foreign appraisers have made 50% of the appraisals indicates that the area is still well positioned internationally.
This great impact has caused a general economic stability in the whole area of the Mexican Caribbean. Due to the proven capacity of the destination to avoid threats such increments in the dollar or fuel prices, it is appropriate to forecast a growth similar to the one registered in 2016 by the end of 2017.
“In 2017, we expect real estate transactions, the granting of loans and the construction of housing to remain in the entity, so we expect to exceed the 21,000 valuations recorded last year,” said Machuca García at the Appraisers Association of Quintana Roo’s XXVI Anniversary.
In Mayakoba, at the core of Riviera Maya, we believe and trust in our huge potential. That is why we responsibly encourage you to invest with us and be part of this beautiful and successful community.
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Source: SIPSE Noticias Quintana Roo