Sun-drenched beaches, a rich tapestry of culture and the dream of owning a little piece of paradise. This is what Mexico promises, and according to recent data, it’s an allure that has captured the hearts of a large number of Americans.
The past couple of years have painted an interesting portrait of global work dynamics. The years 2021 and 2022 saw a surge in the work-from-anywhere trend, igniting imaginations and driving many to seek homes beyond their borders. And while this trend may be showing signs of slowing down, one thing hasn’t changed: Mexico’s irresistible appeal to U.S. homebuyers.
“It is exactly considering this increased demand that we are committing our team to the utmost of luxury to provide only the very best that Americans are looking for in quality, delivery and conveniences,” comments Michael Dee, CEO of Deelum, a luxury real estate development company in Tulum.
Mexico Keeps Its No. 1 Spot
According to a comprehensive report by Point2 Homes, which analyzed over 2,000 real estate-related keywords across the Americas, Mexico stands tall as the top destination for Americans hunting for a home. This accolade comes even though the fervor from last year’s staggering 60% spike in interest has mellowed to a modest 3% growth this year.
But numbers aside, ask anyone who’s been, and they’ll tell you about the magic of places like Puerto Vallarta, San Miguel de Allende, Cabo San Lucas, Tulum, and Merida. These spots, bathed in history and blessed with natural beauty, have consistently been Americans’ favorites, be it for a holiday hideaway or a lucrative investment.
Who is the American Dreamer in Mexico?
So, who exactly is this American seeker of Mexican homes? Dive into the demographic data, and an interesting profile emerges. Almost 60% of those looking for properties in Mexico are men, predominantly in the age bracket of 35 to 44.
And it’s not elder Millennials fueling this trend. Surprisingly, the younger generation, aged 18 to 24, is showcasing a robust interest in Mexican real estate, even more so than retirees.
While homes remain a massive draw, there’s also a burgeoning interest in vacant stretches of land under the vast Mexican sky. Representing over 10% of all real estate searches, it’s clear many see Mexico as a canvas, either to craft their dream home or to carve out a fruitful investment.
Looking to invest or relocate?
The Mexican Caribbean (which includes Cancun and Tulum) has proven to be one of the hottest destinations for traveling in the world. The area has grown significantly in the recent years and offers the best luxurious hotels, restaurants, beach clubs, condos and houses.
Our CEO Michael Dee has various opportunities for investment in properties, private estates and award-winning condos.
Text or call him on WhatsApp for more information:
USA cell 1-602-793-3002
MEX cell +52-984-177-7066
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