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Quintana Roo real estate demand up 89 percent according to new report

Riviera Maya, Q.R. — According to a new report, real estate in Quintana Roo grew 89 percent in demand during the first four months of 2021. This, compared to the same period in 2020, with Cozumel, Tulum, Cancun and Playa del Carmen emerging as the most sought out destinations for land.

“Investing in land is highly profitable since over time, its value always increases and in the case of the most exclusive destinations in Mexico, the profit in the end can be excellent,” explained Daniel Narváez, Marketing VP of Lamudi regarding their company report.

According to their recent Real Estate Report 2021, the land subsector had a positive variation of 175 percent with respect to the previous year at the national level, in addition, the land subsector ranks second in digital demand below of the residential subsector.

Areas of highest demand in the state

The research indicates an increase the interest of people to move permanently, in particular, to nine cities with beaches. The cities are Los Cabos, Cozumel, Tulum, Cancun, Puerto Vallarta, Playa del Carmen, Mazatlán, Acapulco and Progreso.

Lamudi highlights that Quintana Roo has seen a real estate demand increase of 89 percent in the first four months of 2021 with respect to the first four months of 2020. This increase in demand places the state 6th nationally, in the ranking of the states with the highest growth in the demand for residential, commercial, industrial, offices and land for sale and rent.

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