Riviera Maya Real Estate

Riviera Maya Real Estate

Riviera Maya is a tourism district along the coastal Highway 307 which parallels the Caribbean coastline of Quintana Roo, Mexico. Riviera Maya starts from Playa del Carmen and endd at Tulum. But now, Puerto Morelos locatede north and between Playa del Carmen and Cancun as well as the Felipe Carrillo Puerto situated 40 km to the south of Tulum are being promoted as part of the Riviera Maya tourist corridor.

The Riviera Maya was originally called the Cancun - Tulum corridor, but in 1999 it was renamed as the Riviera Maya.

Coastal and reef aquatic activities dependent on the coastal water and the Mesoamerican Barrier Reef System which begins near Cancun and continues along the whole length of the Riviera Maya are one of the major tourist attarction of Riviera Maya. This barrier reef system is the second longest in the world.

The Riviera Maya is well known for its large scale all-inclusive resorts and small boutique hotels along the highway 307 and on/near the beaches. Luxury Villa Rentals and yacht charters are also quite popular in thsi region.

Government development plans include establishing a number of medium sized cities of about 200 000 inhabitants within the Riviera Maya with initial planning spanning 20 years. Areas targetted for urbanization include Puerto Morelos (technically outside the Riviera Maya), Puerto Aventuras, Akumal, Chemuyil, and Tulum.

As you see, the investment climate in Riviera Estate is very opportune. The Riviera Real Estate market is still a buyer's market unlike other older Mexico real estate markets. More and more people from USA, Canada and Europe are looking more towards new locations like Playa del Carmen, Puerto Morelos, Tulum, Majahual and Cancun. Since, tourism is increasing exponentially, the demand is increasing for more living area to cater to influx of more people. Here you can find all information regarding Cw Ibiza group offers.

Riviera Maya is witnessing entry of big Real Estate inesvtors like Kor Group. It gives good indication of the potentialof Real Estate development in Riviera Maya.
Recent changes have been made in local government laws which enables non-Tijuana citizens to buy property there while at the same time many cross border loan companies have sprouted up offering mortgages to Americans who want to invest in Mexico. Due to this Tijuana real estate industry has seen a massive growth in recent years.