Quintana Roo Reaches Nearly 1000 Active Real Estate Projects
Quintana Roo’s real estate sector remains one of the strongest economic engines in Mexico’s Caribbean region. The state currently boasts 988 active real estate projects, generating an estimated 142 billion pesos (about USD 8.2 billion) in annual economic activity, according to the Quintana Roo Real Estate Developers Association.
Growth is being driven mainly by the mid-range, residential, and luxury housing segments, with hotspots in Cancún, Playa del Carmen, Tulum, Puerto Morelos, and Cozumel.
Unlike other tourist regions in Mexico, Quintana Roo’s market continues to be predominantly national, representing roughly 70–75% of total transactions, led by buyers from Monterrey, Guadalajara, the Bajío region, and the country’s southeast.
Currently, more than 30,000 housing units are under construction across the state. The six main destinations record around 1,679 housing sales per month, with an average project value of 7.4 million pesos (about USD 430,000). At this pace, available inventory could be absorbed within 14 to 18 months.
Cancún and the Riviera Maya: Hubs of Steady Investment
Cancún alone has 220 active projects, with an average housing price of 14 million pesos (around USD 810,000) and values reaching up to 70,000 pesos per square meter (USD 4,000). While hotel occupancy rates have dipped slightly—about 7–8% lower than last year—the real estate market continues to grow, supported by ongoing tourism expansion and population inflows.
Quintana Roo now counts 1,500 hotels and 135,000 rooms, with 10 new hotels added just last year. This infrastructure boom continues to attract both national and international investors.
Rising Property Values and Evolving Investment Models
Property appreciation remains strong: Cancún reports an annual increase of 12%, Puerto Morelos 17%, Playa del Carmen 15%, while Tulum shows more moderate growth between 7% and 8%, affected by an oversupply of properties.
The vacation rental market is also expanding rapidly, echoing the timeshare surge of the 1980s but with more professional management and investor-focused structures. Developers foresee the emergence of new investment models, allowing buyers to own units within fully managed complexes, offering higher returns and greater peace of mind.
A Future Full of Opportunity
With a unique blend of private investment, strong domestic demand, international interest, and continuous population growth, Quintana Roo stands at a defining moment of expansion. The challenge—and opportunity—lies in ensuring that growth aligns with urban planning, sustainability, and modern infrastructure, essential to cement the Mexican Caribbean’s position as a top destination for tourism and real estate investment.
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