Why has the state of Quintana Roo become a tourist paradise in Mexico?

Overview of the state of Quintana Roo

The state of Quintana Roo is located on the Caribbean Sea coast and occupies a significant part of the Yucatán Peninsula. To the east, it is washed by the waters of the Caribbean Sea, and to the south, it borders Belize. The region was officially designated on the geographical map of Mexico in 1974, but its development began several years before this event. The name "Estado Libre y Soberano de Quintana Roo" can be translated as "Free and Sovereign State of Quintana Roo."

Development and tourism potential

Since its emergence on the map, Quintana Roo has been steadily developing and continues to do so, demonstrating growth rates that exceed those of other Mexican states. The unique tourist potential of this region has attracted attention from all over the world. It is home to famous resorts such as:

• Cancun
• Tulum
• Playa del Carmen
• Isla Mujeres
• Cozumel
• Riviera Maya

The history of Cancun

In the past, Cancun was a small fishing village with a population of no more than a hundred people. However, in the 1980s, a construction boom began in the area, transforming Cancun into one of the largest and possibly most famous resorts in Mexico. Today, Cancun has become an almost one-million-strong city that welcomes over four million tourists each year.

Economic growth and attracting tourists

Quintana Roo has adapted to the influx of visitors from neighboring the United States and Canada, which has played an important role in its economic growth. These countries were the first to appreciate the region's natural beauty and high quality at affordable prices. In recent years, Mexican beaches have increasingly attracted European travelers, including Russians.Tourism has become one of the key factors in the economic prosperity of this state.

Popular resorts

The resorts of Cancun, Tulum, and Playa del Carmen consistently rank among the top ten resorts according to international ratings. However, a vacation in this area is not limited to just beaches and hotel infrastructure. The region has many interesting places, including:

• The ruins of the ancient Mayan city of Coba with its magnificent temples.
• Laguna Bacalar, known as the "Freshwater Maldives."

Climate and tourist seasons

The climate in Quintana Roo is favorable for vacations – bright sunshine shines here all year round, with temperatures ranging from 26 to 33 degrees Celsius. During the peak tourist season, which occurs in December and January, many vacationers celebrate Christmas and New Year. From December 28 to January 10, large parties with famous DJs and many tourists are held in Cancun, Tulum, and Playa del Carmen.At this time, rental prices can double.

Events in the tourist calendar

Another important event in the tourist calendar is March, when Semana Santa (Holy Week before Easter) takes place. During this period, the influx of tourists is as high as during the Christmas holidays. This region hardly experiences a dead season, as the number of visitors remains steady throughout the year thanks to its climate.

Current events in the foreignreal estate market

In today's world, current events in the foreignreal estate market are actively discussed in various online communities, including popular Telegram channels with the latest news updates.

The developed infrastructure of the region

One of the significant aspects of this region is itshighly developed infrastructureThis is the result of government support and the rapid growth of the tourism industry in the state of Quintana Roo. This is especially evident in Cancun, which serves as an important hub of the transportation network.

The international airport of the city can handle over 30 million people a year, ensuring a steady influx of tourists. Upon arrival, travelers are greeted by numerous taxis, buses, and shuttles; they also have the option to rent cars and even helicopters.

Project "Maya"

A new ambitious project will be launched soon —railway service "Maya"which promises to be a significant achievement in the field of construction for Mexico in the last few centuries. This high-speed highway will span 1,525 kilometers and includes 29 stations on the Yucatán Peninsula.

The implementation of this project will significantly reduce travel time between Cancun and the central areas of Mexico, providing tourists with comfortable access to popular destinations such as:

• Tulum
• Mahaul
• Ushmali
• Chichen Itza
• Kalakmul
• Palenque in the state of Chiapas

The opening of a new airport in Tulum

In December of this year, the opening is also planned.new airport in TulumThis will be an important step towards reducing the burden on the already overloaded Cancun airport. This event will have a significant impact on the tourism situation in the region, as many hotels near Tulum will be able to obtain an unofficial five-star status, as they have long lacked convenient access to air transport.

In other respects, Tulum has all the conditions to attract affluent travelers.

Attracting affluent tourists to Tulum

Tulum has truly become a gem for affluent tourists.

Beach club in Cancun

The beach club in Cancun, managed by Daria Belyasheva from Global Costa Maya, offers a unique vacation experience for Russian-speaking tourists. The locals warmly welcome guests from Russia, greeting them with smiles and open arms. For Mexicans, these tourists become almost like family members, and many of them, who have had the opportunity to visit Russia, eagerly share their impressions of the country.

The state of the real estate market in Quintana Roo

The analysis of the current state of the real estate sector in the state of Quintana Roo is of great interest. At the moment, there is a noticeable growth in both construction volumes and price formation. According to information provided by the Federal Mortgage Society of Mexico (SHF), the average housing price in the country in the first quarter of 2023 was1.6 million pesos (which is approximately equivalent to90,850 US dollars), that on11.7%compared to the same period last year. This result marks the highest growth ever recorded in the history of the analysis!

Growth rate of housing prices

If we look at the figures for 2022, we can see that Quintana Roo showed the highest rates of growth in housing prices, reaching14.6%The state confidently maintains its leading position in the real estate sector among all regions of Mexico. To provide a more comprehensive view of current trends, we will present comparative data on price changes in various states of Mexico for the year 2022:

• Quintana Roo - 14.6%
• Southern Lower California - 14.2%
• Sinaloa - 13.1%
• Lower California - 12.0%
• Michoacán - 11.9%
• Guerrero - 11.7%
• Campeche - 10.8%
• Morelos - 9.9%
• Kolima - 9.9%
• Chihuahua - 9.7%
• Veracruz - 9.4%
• Jalisco - 9.3%
• Yucatan - 9.3%
• Koauila - 9.3%
• Nuevo León - 9.0%

Foreign buyers in the real estate market

It is also important to consider that foreign citizens are actively present in the real estate market. This is especially true for the premium segment, where, according to Sotheby's International Realty, in Mexico City about...40%luxury class objects are purchased by foreigners. In the Riviera Maya, the share of foreign buyers reaches up to70%...while in the hotel zone of Cancun, this figure ranges from...20 to 25%However, it is important to note that in the historical center of the city, known as downtown, local residents are quite popular, as social housing is mainly being built there, making it less attractive to foreign buyers.

Investments in the hotel zone of Cancun

The hotel zone of Cancun is the best choice for real estate investment. Here you can find expensive but highly desirable properties, especially in prestigious seaside areas. A two-bedroom apartment starts at400 thousand dollarsThe most expensive area on the Caribbean coast is Puerto Cancun, where prices start from500-600 thousand dollarsHere, luxurious conditions are offered: each house is connected to the canal, and buyers can rent parking spaces for yachts.

Playa del Carmen and other locations

Playa del Carmen also doesn't go unnoticed, where you can purchase beachfront property for500 thousand dollarsMore affordable options are located in developing areas, such as the resort town of Mahahual, which is just four hours away from Cancun. In this region, new projects are actively being built, allowing buyers to purchase properties at the initial stage for amounts starting from122 thousand dollars.

Conclusion

Thus, the real estate market in Quintana Roo continues to develop dynamically, attracting both local and foreign buyers, offering a wide range of options depending on financial capabilities and client preferences.

Conclusion

In conclusion of our journey through the amazing state of Quintana Roo, I want to emphasize how this region continues to attract the attention of tourists from all over the world. Since its official appearance on the maps of Mexico in 1974, Quintana Roo has rapidly developed, establishing itself as one of the most popular tourist destinations not only in the country but throughout Latin America.

Unique combination

The unique combination of natural beauty, rich cultural heritage, and modern amenities makes this state truly one-of-a-kind. We can enjoy not only the sunny beaches of Cancun and romantic sunsets in Tulum but also the magnificent historical monuments of the Maya — the ruins in Cobá and other sites that tell the story of an ancient civilization that left a vibrant mark on this territory.

The main engine of the economy

Undoubtedly, the main driver of the economy in Quintana Roo is tourism.And despite the development of infrastructure, the influx of tourists is only increasing, thanks to the pristine beaches, warm climate, and a variety of events such as electronic music festivals and Semana Santa celebrations.

New projects and the future

New projects, such as the high-speed train "Maya" and the opening of airports, indicate that the future of the state promises to be even more impressive.

The atmosphere of the region

Quintana Roo is not just about relaxation and entertainment, but also a unique atmosphere where traditions and modernity intertwine. In Tulum, the spirit of hippies and esotericism prevails, while Cancun delights tourists with a variety of high-class hotels and business stories.

Why you should visit Quintana Roo

• Pristine beaches and a warm climate.
• Historical monuments of the Maya culture.
• The variety of holidays and festivals.
• Modern infrastructure and new projects.

Therefore, if you haven't visited this wonderful state yet, I highly recommend doing so.I'm sure this will be an unforgettable journey, full of vibrant emotions and magical moments, whether it's relaxing on Caribbean beaches or exploring the historical myths and legends hidden behind ancient ruins. Quintana Roo is a place where everyone can feel part of something greater, escape the daily routine, and enjoy life in its best manifestations.