Mexico Real Estate to Benefit from International Travel Recovery

Mexico real estate is set to benefit from ongoing recovery on world-wide tourism; as the top national destination for U.S. travelers, Mexico will continue to provide real estate owners with excellent and improving tourism infrastructure, one of the key attractions for Americans and Canadians choosing to live in Mexico retirement communties, as well as investors.

Recent data from the U.N.’s World Tourism Organization (WTO) show that while international tourism is still recovering from the 4.2% decline experienced last year under the impact of recession, during the first eight months of this year, the number of international tourists exceeded the peak reached during the same period the year before the crisis, 2008.

According to the report, between January and August 2010 the number of travelers worldwide reached 642 million, about 40 million more than in the same months in 2009 (+7%) and 1 million more than the same period 2008, the record year before the recession.

Mexico belongs to the group of North Central America, which achieved a growth of 9% in tourist arrivals, higher than the world-wide average.

Many of the benefits of living in Mexico’s main real estate destinations for retirees, families and investors are closely tied into the amount of tourism which arrives to this country from the United States, Europe and other parts of the world, including international airports with many inexpensive direct flight options, activities infrastructure, such as golf courses, marinas and “eco-parks.”

Playa del Carmen real estate, for example, has benefited greatly from the services and investment which the area’s strong tourism has brought. Playa del Carmen property value is expected to continue seeing healthy increase for this reason. Investors in areas such as this can also find excellent opportunities to generate income from vacation rentals.

As for world-wide statistics, based on current trends, it is expected that international tourist arrivals will increase around 5% or 6% during the whole year. In 2011, growth is expected to continue at a slower pace, around a long-term average of 4%.

Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. In the summer of 2009, he received the first federally applied Mexico Real Estate Degree and Mexico Professional Real Estate License S.E.P. #5978657. He is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546 or through the company’s web site www.TOPmexicorealestate.com NETWORK

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