Tulum Surpasses Cancun in Real Estate Offerings

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While tried-and-true favorites like Cancún and Acapulco still draw tourists by the thousands, new cities are gaining strong momentum.

Tulum Surpasses Cancun in Real Estate Offerings – Mexico’s coastal real estate market is undergoing a dramatic transformation. While tried-and-true favorites like Cancún and Acapulco still draw tourists by the thousands, new cities are gaining strong momentum — and they’re top choices for smart investors.

Tulum, Mazatlán, and Bahía de Banderas are leading the pack. These markets aren’t just growing — they’re booming, with increased property inventory and whopping increases in mortgage activity.

According to data by Mexican consultancy and appraisal firm Tasvalúo, Mazatlán and Bahía de Banderas already benefited from more than 1,700 mortgage home loans approved since 2017. The growth of Tulum is even more dramatic: the mortgage credits have nearly doubled from 750 in 2020 to 1,700 in 2022.

This is compared to more established markets like Cancún, which are also experiencing property values increase — albeit at a slowing rate. Cancún’s growth in condo pricing in the condo market is 70% lower than in these newer, higher-growth resorts.

Why is this happening?

One reason is the red-hot demand for second homes along the beach, a trend that accelerated during the pandemic and continues unabated.

Why it matters for investors? These up-and-coming destinations offer:

  • Lower competition and entry prices
  • Strong appreciation potential
  • A growing market of both local and international buyers

If you’re looking to invest in beachfront property in Mexico, Tulum, Mazatlán, and Bahía de Banderas are places to watch — and act on.

At HomeReady Global, we are your best ally to have your pre-sale or in-construction property delivered 100% completed with full satisfaction for the developer, seller, and new owner.

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