This is the most stunning stretch of white-sand beach I have set foot on.
Standing here, on Tulum’s Caribbean coast in Mexico, with warm sea breezes rustling through the palm trees, I can’t think of anywhere else I’d want to be.
If you’re looking for a manufactured resort, stay in Cancun. Tulum is the real thing. Jungle crawls over ancient Mayan Ruins. You’ll find caves and underground rivers.
In July, a group of pre-release condos near here will be launched to potential buyers. The prices will be attractive. But they won’t be as low as the prices for the same condos that you’ll get a month earlier at the International Real Estate Investment Forum.
In Tulum, the tourism infrastructure is improving. Drive time to the airport is decreasing. More and more tourists are arriving, and they’re doing so faster than ever. At the same time, thanks to the millions of acres taken up by a biosphere reserve, there’s a scarcity of land that can be developed for these tourists. There is already a shortage of rentals.
In other words, I expect real estate prices to rise.
This is a place where you could make a strong income from your beach house when you aren’t using it.
I’m particularly bullish about the condo opportunity presented in a special project called Tao. I mentioned the condos above.
Close to Tulum, the Tao project is full steam ahead. The first residents have moved in. The finishes in the completed town homes are top class. Exclusive communities and boutique resorts are popping up all over the U.S. to cater to the wellness trend that Tao has captured. But none of these is minutes from one of the Caribbean’s finest beaches…one of the world’s most prized nature preserves…or most historically and culturally significant ancient ruins. This place is rich in food for the body and for the mind.
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