Is it a good time to invest in Puerto Escondido, Mexico real estate?

Puerto Escondido in Oaxaca, Mexico is increasingly becoming an attractive destination for international real estate investors.

Just to give an example, property prices for sale in Puerto Escondido have seen a steady rise of over 20% in recent years.

According to Osan Puerto’s “Puerto Escondido Real Estate Investment Guide”, from 2021 to 2023, the price value of beachfront land per square meter went from $4,900 MXN to $8,500 MXN.

So, for those looking for the opportunity for solid investment returns, Puerto Escondido deserves a top spot on their list of places to consider for the next investment opportunity. Now is the time to find out why the real estate market in this surf town is on the rise.

Is now the right time to invest in Puerto Escondido real estate?

There are several factors that indicate that now may be the ideal time for investors to enter the Puerto Escondido real estate market:

Increased demand

Tourism has increased in Puerto Escondido, bringing more visitors and potential homebuyers to the area each year.

In 2022, the town welcomed 748,329 tourists, up from just 567,046 in 2021. As more people discover the natural beauty and relaxed atmosphere of Puerto Escondido, the demand for properties is likely to continue its upgrade trend.

Limited supply

Despite the growing tourism and interest in real estate, the supply of available properties has struggled to keep pace.

Puerto Escondido remains a small town, and a considerable portion of its surrounding land is dedicated to a biological reserve, limiting opportunities for new development.

With demand outstripping supply, property values and rental prices have plenty of room to appreciate in the coming years.

Great rental potential

For investors interested in generating income from their property, Puerto Escondido boasts a strong tourism industry, translating to promising rental potential, particularly for vacation rentals located near the beach.

During the high season, from December through April, home rental rates can go up to 50% higher. This presents an attractive return on investment, especially for those willing to manage the rental process themselves.

Low cost of living

The overall cost of living in Puerto Escondido remains highly affordable compared to other tourist destinations.

From fresh produce to restaurants, and transportation, costs are a fraction of what one might expect in the United States or Canada. This translates to more value for your investment dollars and valuable rental income generated.

Additional advantages for investors

It is crucial to note the significant developments that are driving the increase in interest and sales:

• The expansion of the Puerto Escondido Airport in Oaxaca, converting it into an international airport, with flights to the United States, Canada, and South America. It will have an investment of $2.5 billion pesos.
• The introduction of new highways to provide greater accessibility to the area. Such as the Oaxaca-Puerto Escondido highway, which will reduce the trip between cities from more than six hours to two and a half hours.
• The establishment of more resorts, restaurants, and activities catering to both visitors and residents.
• The expansion of health facilities to serve the growing population.
• The increasing interest from buyers hailing from the United States, Canada, and Europe, who are looking to acquire second homes and investment properties in Puerto Escondido.
• The area’s unique and relaxedatmosphere, outdoor lifestyle, and natural attractions set it apart from more urbanized tourist destinations.

You might be interested in: Why invest in real estate in Puerto Escondido? >

For investors in search of an authentic beachfront lifestyle at an affordable price, now is the ideal time to harness the potential of the Puerto Escondido real estate market. It offers not only the prospect of substantial returns but also capital appreciation.

Discover how Osan Puerto can assist you in making the most of your investment in this magnificent coastal town. Contact us today to learn more and begin your journey to owning a piece of paradise.