| Whenever you mention Mexico, one of the first | | | | more popular parts of the island. |
| places that springs to mind is Cancun. | | | | In fact, the tourist industry in Cancun has grown so |
| This is hardly surprising, as Cancun has grown over | | | | rapidly that there is now a widely recognised 'Hotel |
| the last few years and is now recognised as a power | | | | Zone' with more than 20,000 hotel rooms, most of |
| to be reckoned with in the global marketplace. | | | | which are fully booked during the high season. |
| Cancun has enjoyed considerable investment from a | | | | Although hotel rooms are very popular, there is |
| range of sources, including industry and tourism. | | | | increasing demand for self-catering apartments and |
| As one of the leading cities in Mexico, it is unsurprising | | | | quality accommodation for independent travellers. |
| that there are plenty of people considering investing | | | | Airlines are becoming aware of the popularity of |
| in Cancun property. Cancun has also attracted plenty | | | | Mexico and as a result there are now plenty of flight |
| of investors over recent years as, unlike the more | | | | choices for visitors, thus further increasing the |
| remote parts of Mexico, it has a well-developed | | | | popularity of self-catered properties. |
| transport and communications structure, making | | | | Although the self-catered market has grown rapidly, |
| property in this city less of a perceived risk than | | | | it still centres largely on the beach apartments that |
| other more remote areas. | | | | are close to the tourist amenities. |
| There is no denying Cancun's appeal to both tourists | | | | New build apartments are generally considered a |
| and property investors. This region is the place to be | | | | good investment, with solid capital growth and an |
| for those looking for state of the art facilities and | | | | ever increasing number of tourists travelling to the |
| some of the most dynamic nightlife in the country. | | | | region. These trends not only promise good capital |
| As well as the modern facilities, there are some | | | | growth but also strong rental yields of around 6 to |
| stunning beaches that boast unrivalled surfing and | | | | 10 percent, annually. |
| other water sports such as sailing and scuba diving. | | | | Apartments are available from as little as 100,000 US |
| Cancun is actually an island off the coast of Mexico. | | | | dollars, with larger villas available for around 150,000 |
| However, the substantial bridges connecting the island | | | | US dollars. |
| to the mainland mean that this island is connected at | | | | There is also considerable development opportunity in |
| both ends and the links make the area entirely | | | | and around Cancun, with land available at really |
| accessible to both permanent residents and tourists. | | | | reasonable prices, allowing more ambitious investors |
| Investing in property in Cancun is relatively new, | | | | the opportunity to plan and build their own property |
| particularly as the island only really started to develop | | | | or even apartment block! |
| in the late 1960s, with tourism really starting to take | | | | Cancun is very much on the up and is hugely |
| off in the 1980s. As a tourist destination, Cancun has | | | | attractive to tourists, worldwide, making this a real |
| really boomed in the last five years, causing property | | | | property hotspot! |
| prices to grow by nearly 50 percent, in some of the | | | | |