How have digital nomads affected Tulum’s real estate market?

Can you imagine your office turning into a paradise of fine white sand? Being a digital nomad means being able to work remotely from wherever you want. Therefore, nothing can limit you to enjoy life to the fullest.

 

While the world grappled with the pandemic, some remote workers moved to Tulum. With a growing remote work community, easy access to Cancun airport, and ever-improving infrastructure, Tulum is the newest digital nomad hotspot. 

 

Investing in real estate in a city such as Tulum represents a great opportunity to generate good capital gains and a return on investment in the medium term. Digital nomads aren’t looking for a week- or month-long vacation like the typical tourist; rather, they want to rent a place for at least six months at a time. They have been searching for affordable housing this winter in Tulum and creating a boom in rental prices there.

 

The search phrase “Tulum long-term rentals” has increased by over 100% since 2021, meaning that more people than ever are looking to extend their stay in this popular beach town.

 

The demand for vacation rentals in Tulum will continue to increase in 2023 as well. The growing number of digital nomads has been one of the trends that have caused the prices of vacation rentals in Tulum to rise. There are many reasons why people choose Tulum over other destinations around the world when looking for a place to live or work remotely.

 

Many investors have turned their sights to the Mexican Caribbean and Tulum is no exception. With prices on the rise and many places in Tulum being booked out months in advance, if you are thinking of traveling to Tulum then you will need to think about booking well in advance. If you are thinking about buying a property in Tulum then you will need to think about buying soon.

 

Contact us for professional advice to pick the best option that fits your expectations.

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