Source: Ambito
Puerto Morelos, located between Cancun and Playa del Carmen, enjoys a booming real estate market where eco-sustainable developments stand out.
Located between Cancun and Playa del Carmen is Puerto Morelos, a picturesque fishing and artisan village in the Mexican Caribbean; with its rustic charm, coconut tree-lined beaches and vibrant community that is committed to sustainable ventures, this corner has become one of the region's most resplendent jewels.
According to a study by Rad, a company dedicated to the tourism and real estate industry in Mexico, in terms of real estate development, investments are led by Mexicans, followed by residents and investors from the United States (30%) and Canada (15%), who have found in the Mexican Caribbean a strategic opportunity to diversify their wealth.
Argentinians are investing in Mexico's real estate market.
In the Latin ranking, Colombia (55%), Argentina (35%), and to a lesser extent Chile and Peru (10% each) predominate. These are primarily individuals with high purchasing power, focused on building assets, between the ages of 35 and 55 years old.
According to data from the Ministry of Tourism of Quintana Roo, the municipality receives over 1.5 million visitors a year; average hotel occupancy in high season reaches 80%.
Likewise, the hotel and commercial sector is also expanding, with the opening of new boutique hotels. According to the Institute of Statistics and Geography of Quintana Roo, Puerto Morelos experienced an increase in real estate investment of more than 35% annually, making it one of the most attractive destinations for residential and commercial developments in the Riviera Maya, offering an average annual profitability of between 8 to 12%.
How much does land cost
Eco-sustainable residential lots are offered from US$65 thousand. These developments are usually near natural parks and close to cenotes and recreational areas. On the other hand, larger or more exclusive projects that include larger properties or with privileged locations have average values between US$200,000 to US$300,000 depending on the facilities available and the focus of the development.
The second largest coral reef in the world
Puerto Morelos is the gateway to the Mesoamerican Reef, the second largest coral reef system in the world, second only to Australia's Great Barrier Reef. Located just three minutes from the coast, it is ideal for snorkeling and diving. With more than 50 species of coral and 500 species of fish, it is a key ecosystem that underscores the destination's commitment to sustainable tourism. This reef attracts thousands of tourists annually and makes this a highly sought after destination.