Tourist Destinations Leading in Real Estate Appreciation in Mexico
Mexico continues to establish itself as a prime location for real estate investment—especially in its top coastal tourist destinations. According to a recent report by Propiedades.com, several of these cities have shown strong property value growth, offering attractive opportunities for both investors and property owners.
Puerto Vallarta, Mazatlán, and Los Cabos Show Strong Gains
Puerto Vallarta tops the list with a 17.9% increase in apartment values and a 16.7% rise in single-family homes, confirming its strength as a real estate investment hub. Mazatlán follows closely, with apartment prices up 16.7%, and Los Cabos reports a 15.6% increase in the same category.
The Mexican Caribbean Remains a Hotspot
In Playa del Carmen, home values rose by 11.9%, outpacing apartment appreciation—indicating growing demand for residential living in this Caribbean hotspot. Cancun also posted solid numbers, with apartments appreciating by 11.8% and homes by 9.4%. Despite ongoing challenges, Cancun remains one of the most active tourism and real estate markets in the country.
Acapulco: Rebuilding After Hurricane Otis
In Acapulco, apartment values increased by 8.6% and home values by 7.5% between 2021 and 2025. However, Hurricane Otis, which struck in October 2023, had a significant impact on the local market. According to Mexico’s Ministry of Welfare, over 51,000 homes were declared total losses, and nearly 80,000 properties sustained structural damage. Still, the area began to show signs of recovery by late 2024, based on available market indicators.
Vacation Markets Fuel Investor Interest
The data highlights a clear trend: sustained property appreciation in tourist areas is driving demand for vacation rentals, second homes, and long-term investments.
Juan David Vargas, CEO of Propiedades.com, emphasized that “tourist destinations are seeing steady recovery and represent strategic opportunities for long-term investors.”
In summary, the real estate market in Mexico’s top tourist destinations not only signals a rebound but also presents a compelling case for investing in vacation-driven markets poised for growth.
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