Cancun is now the most popular place in Mexico to buy a vacation home, with 1,429 million dollars invested in holiday houses over the last year. In total, 5,682 units have been sold in the past 8 months, beating alternative Mexican cities such as Vallarta, Mazatlán and even Los Cabos. In total, 44.8% of 12,657 …
Real estate
The cost of real estate in the Cancun area continues to rise. The average cost of a home in Cancun specifically currently sits around 5 million MXN. At the current exchange rate that’s a bit over 250,000 USD. An apartment in a mid level complex in Cancun is going for just over 5 million pesos …
New residential complexes are being made throughout Cancun to accommodate the foreign population planning on purchasing, or temporarily living, in Cancun. The real estate projects are also a good sign for Cancun residents, as around 2,000 local jobs are being opened up in the process of forming new homes. New real estate development projects include …
With ocean view properties at compelling prices, it’s no wonder that is a rising demand from Americans in relocating to Cancun. While there is no shortage of real estate agents ready to offer their services, there is a concern regarding how many of those “agents” are in fact licensed to sell. The official real estate …
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