For Canadians and Americans living in snowy & chilly climate, Mexico seems like a paradise. No wonder, that people from these two countries constitute a major portion of expats living in Mexico. Over the last couple of years, many factors have converged which make Mexico and more specifically Cancun a much attractive place not just to buy second home but also a place where retirees can spend their retirement life in the lap of luxury.
US recession meant dramatic fall of real estate prices. Mexico also suffered from recession but quickly recovered. The property prices in Cancun though rising again are still lower than in USA and represent a big opportunity for Cancun Mexico Real Estate investors. Cancun Mexico has a lower cost of living which means that your savings last longer. Cancun also has beautiful beaches, white sand, pleasant sunny weather which is a totally different world altogether from cold cities of Cancun. When you buy a second home in Cancun, it means you are getting world class beach lifestyle at the most affordable prices. Cancun is developed as any city in a developed country with international standard projects, excellent roads & highways and super stores. It has a vibrant culture which makes it multidimensional and even more attractive for baby boomers.
More and more people are moving out from U.S., in search for better lifestyle. Mexico is an emerging economic powerhouse. Its economic prospects are looking brighter even as U.S. is increasingly loosing its erstwhile preeminent position in world's economy. Auto majors are shifting their productions from U.S.A to Mexico in a big way. Such exodus will be even more pronounced in coming years.
Cancun is located in the Riviera Maya region. Riviera Maya is a vast region on the Mexican Caribbean that stretches south from Cancun, Puerto Morelos, to Playa del Carmen and Tulum, toward Belize. People can enjoy over 75 miles of spectacular beaches and miles of jungle and it is home to the world's second largest reef called the Meso America reef.
Such diversity that it can take a lifetime to fully explore and enjoy!
Similarly, real estate offerings in the region are also varied. You can choose eco-jungle lot or gated golf community or a beachfront condo. Whatever your choice and budget, Cancun Real Estate has everything for you.
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