From Riviera Maya to Punta Mita, buyers have been flocking to Mexico’s coastal destinations in droves with the sentiment: Why wait until tomorrow when you can enjoy paradise today? 2021 was the hottest market in the history of Los Cabos. For the first time, it was a seller’s market, with the number of single-family home transactions rising 126% and a median price gain of 49% year over year. Condo transactions soared 192% with a median price gain of 19%. Any backlog in preconstruction and predevelopment inventory flew off the shelves, while growth expanded further outside the Los Cabos area. The Baja Sur capital of La Paz and the artsy surf town of Todos Santos saw significant growth in demand for residential offerings.


In Puerto Vallarta and Punta de Mita, the number of single-family home transactions rose 30% with the median price soaring 95%. Condos were the hottest commodities, with transactions rising 93%, followed by single-family homes and undeveloped land. Sought-after architectural styles varied, with Mexican buyers seeking more sleek, modern designs in the hotel and marina zones. Buyers from the U.S. were drawn to contemporary designs that were infused with authentic Mexican charm.


Along the Caribbean coastline on Mexico’s northeastern Yucatán Peninsula, the travel destination Riviera Maya was as hot as ever. Buyers took advantage of higher returns on investment with a sizzling rental market at their fingertips. Although condominiums remained the primary allure for investors, many sought more spacious villa-style living with outdoor spaces. Inland single-family residences ranged from $350K to $2.5M in price, while oceanfront residences sold for as high as $10M, demonstrating that buyers were willing to pay a mighty price for luxe locations. In all destinations, turnkey was king, with buyers choosing homes with access to services and amenities, including pools, elevators, pet-friendly options and expansive terraces. Read more about the Mexican markets in The Red Paper, our annual global market report.


Daydreaming about your slice of paradise in Mexico? Below are some of our swoon-worthy featured listings on the country’s pristine shores.


MAYAKOBA | RIVIERA MAYA

Photo by MAYAKOBA

Mayakoba is a 620-acre, gated resort community located on the pristine shores of Riviera Maya, Mexico. Home to white-sand Caribbean beaches, pristine lagoons, rolling green fairways and leafy mangroves, Mayakoba features two hotel-branded residential offerings: Fairmont Residences and Rosewood Residences, represented by The Agency Development Group. Owners enjoy world-class amenities and services, including beach clubs, award-winning spas, kids’ clubs, a championship PGA golf course, dive center, nature trails and over 25 dining options, all located just moments from home.


IYARI 8 | PUNTA MITA

Within the gates of the private, master-planned Punta Mita community, Iyari 8 offers the chance to build your dream home overlooking the Pacific Ocean and Litibu Bay. Represented by Alejandro Aldrete, the 20,860-square-foot homesite includes architectural plans for a modern beach home within moments from two Jack Nicklaus Signature golf courses, the Four Seasons and St. Regis resorts, four beach clubs, tennis courts, award-winning dining and more.


CASA KEVALI | TULUM