As this year’s numbers confirm that 2015 has brought a huge upswing to Mexico’s tourism sector,Tulum is emerging as the Riviera Maya region’s rising star,prompting Caribbean Journal to put the spotlight on the area’s booming property market.
“Tulum is seeing its property market surge.”
According to the article,the Mexican Caribbean beach town is currently experiencing a major lift in property values of existing construction,new builds and land. Even more impressive,the average property value growth for Tulum real estate investors is between 8 to 10 percent annually,but many properties near the beach see double that or more.
“Land prices in the town of Tulum have been skyrocketing,” writes the Caribbean Journal. “It’s not likely to slow down,due to a number of factors.”
First,a new major rail network is under development that will connect the entire state of Quintana Roo,slated for completion by 2019,as well as plans for the construction of a new airport in Tulum.
“Tulum is Mexico’s most glamorous destination,beloved of stylish global gypsies and burnt-out big city dwellers,” writes news.com.au,one of Australia’s biggest news sites. “On the Caribbean side of the Yucatan Peninsula,it’s an easy 90-minute drive from the Cancun airport.”
Situated less than two hours south of Cancun and less than one hour south of Playa del Carmen,Tulum is home to what is easily one of the most stunning of the many pristine beaches scattered throughout the Riviera Maya. In Tulum,visitors can explore the nicely preserved ruins of the only Mayan pyramid overlooking the Caribbean Sea,or enjoy a tour into the nearby Sian Ka’an Biosphere Reserve. This UNESCO World Heritage Site spans is situated just outside of town and contains roughly 120 kilometers of coastline and 528,000 hectares of land,marine and coastal ecosystems.
Tulum is basically the opposite of Cancun,which is characterized by seemingly endless high-rise blocks of development along the coast. Instead,Tulum has taken a more laid-back approach that remains true to its former status as a remote backpacker’s haven and hippie’s dream. Here,the hotels and restaurants line a winding jungle road and the architecture is inspired by traditional palapas.
Inside Scoop From Investment Properties Mexico: The road is liberally scattered with speed bumps,so go slow.
While in Tulum,consider making time to explore the ruins located outside of nearby Valladolid as well. This pretty little inland town offers easy access to the ruins of Chichén Itzá,which has been voted one of the 7 New Wonders of the World.