At 45, Bob Cork is far from an old man. And yet he and his even-younger wife Nancy, 38, are both retired and living in the hip city of Cancún, on Mexico’s Caribbean coast.
If you’ve been toying with the idea of buying income property overseas, there are many viable and tempting opportunities to be found across the globe. However, I believe that one opportunity far outweighs all the rest and here’s why.
Once again, winter is on the way and you’ve realized that several months of dark cold days, shoveling piles of snow, suffering hazardous driving, paying increased energy bills, and shivering through freezing temperatures are things you no longer wish to endure.
"Coming to Cancun was like stepping into a postcard," she Kristin Busse. "I love taking my son to any of Cancun's many perfect beaches." Combining the glitz and glamour of modern resorts with a strong, ancient Maya influence, Cancun is the perfect blend of traditional Mexico and First World infrastructure.
The Riviera Maya is a glorious stretch of perfect Caribbean coastline extending the length of the east coast of Mexico’s Yucatan Peninsula. Framed by the vibrant, turquoise-green waters of the Caribbean Sea, this 80-mile expanse of sugary sand and swaying coconut palms has made this area the number one vacation destination in the Caribbean.
The dense jungle thinned a bit as I approached the first river. I shifted into a lower gear and locked my rugged, 30-year-old Daihatsu into four-wheel drive. The rutted, muddy trail fought to yank the steering wheel from my grasp as I pitched and rolled my way up the slippery incline.
Mexico, by an enormous margin, is the number one choice for expats moving and retiring abroad. According to recent official population estimates, the foreign-born population of Mexico is around 1,007,063, the majority from the U.S.
The significant and ongoing strengthening of the U.S. dollar against the Mexican peso continues to make the purchase of real estate very attractive in Mexico. One location, in particular, is maintaining its steady growth with excellent opportunities.
"Cancún is so beautiful." says Nancy Leifer. "The colors, the dozens of shades of blues and greens in the Caribbean Sea are literally breathtaking. I've never seen such colors in nature anywhere else. It's such a difference from Long Island."
On the Eastern coast of Mexico’s Yucatan Peninsula, 80 or so very special miles of palm-infused, sugar-sand beach is known as the Riviera Maya. This postcard-perfect stretch of paradise is bathed by the warm, turquoise-green, clear waters of the Caribbean Sea.