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Cancun, Mexico. Now, with direct
flights from the U.S., new developments, and luxury beachfront condos,
Americans and other international buyers are looking at Mexico's Riviera.
The coastal city in Mexico's easternmost state, Quintana Roo, sees over
3 million tourists a year visiting the area, and that number is said
to be increasing by about 3% a year. The popularity of this area is
very likely to continue. The business of real estate in Cancun has some
features that will make it seem familiar. Some of the properties are
offered with financing, rare in most of Mexico and there is no shortage
of options - from luxury apartments, houses, villas, town houses, hotels
and countless other commercial investment opportunities. Much of the
action is outside of Cancun, too, going along the coast on what's called
the Maya Riviera. Areas that were sleepy fishing villages only a few
years ago are building up and there seems to be no shortage of investors
looking to place their money into this beautiful, Caribbean, sea city.
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