What to look for an investment property …
Playa del Carmen, Tulum, and the rest of the Riviera Maya are breaking records yearly when it comes to visitors. The Cancun airport welcomed 13.2 million travelers in 2021 and more people are choosing to rent an Airbnb vs staying at a resort. If you are thinking of buying real estate in the Riviera Maya and using that property as a rental, there are important things to think about when searching for a property.
Here are my top 3 things I look for when renting on Airbnb and things you should consider when buying a property to use for a rental.
Good location
I’ve never rented a car on vacation, how crazy is that?! But you know why it’s never been necessary? Because I look for an Airbnb that is in a prime location. If I’m in the city, I want to be near parks, public transport, and restaurants.
If I’m in Playa del Carmen, I want to be near
the beach, restaurants, shopping, and 5th Ave.
Amenities
Pool, gym, a rooftop with killer views, these are all things I look for when I’m renting. Families love when the building has a kids’ club or designed shallow part of the pool for kiddos to splash around in. Even though people aren’t staying at a resort, they still love having those resort like amenities.
Comfort and Coolness
I want to feel comfy at my rental, like I do at home. Nice linens and comfortable beds, a television, etc. Think outside the box, some little details can definitely add to your guests’ experience. My favorite thing to find at an Airbnb is coffee. Because if I don’t have time to get to a store, the bare necessity for me is coffee for the morning.
The first picture of a listing in Airbnb gets me to click. Cool and unique decor, whether it be a modern place or something a little older, character is everything for me. Plants, bright colors, artwork on the walls, remember that the decor and vibe of the apartment, via pictures only, is a huge part of what makes people book.
It’s so important to tell your real estate agent your plan for the property, to use it as a vacation rental or long term rental (6-12 months), so that your agent can search for the most desirable location, with amenities, and get you pointed in the right direction when it comes to furnishing and decorating your place.
We´ve put together some great turnkey properties in the Riviera Maya 👉 Click HERE to find the one that fits your needs.