Real estate market in Tulum
About Tulum
Tulum has become one of the most popular tourist destinations in recent years: Surrounded by nature, beautiful white sand beach with crystal clear waters, a remarkable international gastronomic scene and a vibrant nightlife, Tulum is a truly unique place that attracts more than 2 million visitors a year from all around the globe, which makes it a perfect place to invest.
Visualize the future
A new luxury airport that will open in 2024. It will have a regular international terminal and a private luxury terminal for the more affluent visitors arriving by private jets. It is estimated to accommodate 4 million international and domestic passengers annually, which will certainly boost tourism. The Maya Train, scheduled to begin operations in 2023, will provide tourists with a unique, comprehensive way to experience the cultural and natural beauty of the region. It will connect tourist destinations throughout the Yucatan Peninsula. Travelers will reach Tulum in less than an hour.
Tourism boost
Tulum International Airport, combined with the Mayan Train and other new developments will see an extreme rise in tourism in the region, which is undoubtedly going to be paired with the on-going real estate boom. Most hotels in Tulum operate at 80% capacity, even in low season, so there's going to be room for more vacation rentals and hotels in the tourism market.
Green School 2025
Green School Tulum will open it’s doors in 2025, following the mission of creating a global community of learners making our world more sustainable. It will be in the heart of Aldea Zama (Only a few miles from the crystal blue waters of the Caribbean).
Up to 20% of return of investment
I have been a manager for 10 years. Return on investment has always been very important to me and my clients. ROI for vacation rentals is a function of overnight rate and occupancy. It may surprise you to learn that Tulum has a higher overnight rate and occupancy than tourism giants like Cancun and Playa del Carmen. Real estate agents estimate the average annual ROI rentals from 8% to 15%, depending on location, amenities, rental rates and design.
Occupancy level of 85%
The Governor of Quintana Roo Carlos Joaquin Gonzalez confirmed in 2022 that currently all tourist destinations in Quintana Roo are virtually full of flights to their maximum occupancy of tourist demand for today is unrivaled. With the hotel occupancy levels in Tulum currently at an impressive 85%. Buying real estate in Tulum is one of the best investments right now.
The golden period of Tulum
It is happening now & beyond 2023. The best time to buy a vacation rental is when supply and demand are steady which is right now. As soon as the Mayan train is in service, and Tulum begins to rapidly experience its huge growth in vacation rental demand in late 2023 – it will be more expensive to buy. The smarter investor will look to buy multiple units any buy in pre-sales, and real estate developer will look to try to keep up with the demand, while rental prices steadily increase which reflect on an increase in Tulum property prices.
You can expect up to a 20% discount when buying your investment property on pre-sale. If you wait and buy in the delivery stage, you are likely to pay 20% more as the property is at the market price.
