Cancún Leads the Growth of Over 200 New Residential Tourism Projects
Cancún continues to strengthen its position as one of Mexico’s most dynamic and attractive destinations for real estate investment. The city is currently home to around 200 residential projects under construction, representing more than 10,000 housing units that reinforce its leadership in the tourism-residential sector.
This ongoing boom is generating a record-breaking economic impact in Quintana Roo, with annual sales estimated at $7.3 billion USD, underscoring the region’s immense potential compared to other destinations across the country.
According to Miguel Ángel Lemus, president of the Real Estate Developers Association of Quintana Roo (ADIQ), the market has undergone a natural adjustment in pricing, creating more accessible opportunities for a broader range of buyers. Today, the average unit price is approximately $290,000 USD, a notable shift from the ultra-luxury values that dominated the market in previous years.
Even so, the high-end and luxury segment remains a crucial part of the region’s offer, representing about 15% of total sales—a clear indication that demand for premium properties is still strong.
Despite increasing competition throughout the Riviera Maya, Cancún maintains its position as Mexico’s undisputed leader in tourism-driven real estate development, attracting both national and international investors seeking long-term, high-value opportunities.
Lemus also emphasized that external factors—such as new tourism taxes or legislative changes—do not significantly affect residential investment, as long as developers operate within the legal framework. This compliance continues to strengthen investor confidence and long-term trust in the destination.
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