investment_property

Three Reasons to Consider an Investment Property in Selva Escondida

We understand that when it comes to investing your money, you have a lot of choices. Here are three great reasons to consider an investment property in Selva Escondida Residential.

  1. A High Return on Investment 

Real Estate in Puerto Morelos is quickly becoming one of the Riviera Maya’s area’s hottest markets. One year ago, a 688 sq. ft townhouse in Selva Escondida Residential was selling for 970,000 Mexican Pesos. Today the price tag is set no less than 1,300,000 Mexican Pesos.

That means if you had initially invested in Selva Escondida in 2019 you could have made a 26% return on your money.

 

  1. Earn More with a Vacation Rental

 A question we often hear from our clients is “can I rent my property?” The answer is yes. And by doing so, you can multiply the already amazing earning potential. Experts agree a good rule of thumb is to target 10-12% of the property value as rental income per year. For a home in Selva Escondida, this means a good target rental income would be $5,000-$6,000 per year.

However, by Airbnb’s estimated monthly earning average of $1,300 per month for Puerto Morelos, you could easily exceed that amount.

Airbnb estimates earnings potential for Puerto Morelos

To put it simply: between our property appreciation rate, and the income you can earn renting out your home or condo, it is a safe, sure investment. 

By being aware of high seasons, you can maximize the earning potential of your rental property. Owners who increase their rates during the shoulder season were able to earn up to 132% more.

If you prefer more of a hands-off approach, there are agencies in the area that specialize in rental properties, leaving you free to earn passive income and enjoy a week in paradise whenever you decide.

  1. Our Location Can’t be Beat

The Riviera Maya has long been a favorite destination for travelers from all over the world. And thanks to appearances on shows such as House Hunters International and the town’s undeniable charm, Puerto Morelos is gaining more attention than ever before. The town has even been awarded “Best Adventure Destination” for 2019-2020 by World Travel Awards.

HGTV PUERTO MORELOS

Due to its proximity to Cancun International Airport, many have started to view this area as the convenient Caribbean since it is just as stunning as any other destination in the Riviera Maya but much easier to get to.

Selva Escondida checks all the boxes for people looking for an investment property with high returns or for those looking to start living the life of their dreams in the beautiful Riviera Maya