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How's the housing market in Cancún now?

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Authored by the expert who managed and guided the team behind the Mexico Property Pack

property investment Cancún

Yes, the analysis of Cancún's property market is included in our pack

Cancún's housing market is experiencing unprecedented growth in 2025, with property values surging 13.4% year-over-year and rental yields reaching up to 10% in prime locations. The market shows strong momentum across all segments, from luxury beachfront condos to emerging neighborhoods offering exceptional value for investors.

Prime areas like the Hotel Zone and Puerto Cancún continue commanding premium prices above $4,000 per square meter, while emerging zones such as Polígono Sur and Zona Sur present compelling opportunities for both capital appreciation and rental income. Infrastructure projects including the Maya Train and Nichupté Bridge are driving significant value creation throughout the region.

If you want to go deeper, you can check our pack of documents related to the real estate market in Mexico, based on reliable facts and data, not opinions or rumors.

How this content was created 🔎📝

At The LatinVestor, we explore the Mexican real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Cancún, Playa del Carmen, and Tulum. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What's the current average price per square meter in Cancún, and how has it changed over the past year?

As of September 2025, Cancún property prices range from $2,000 to $4,000 USD per square meter, with significant variation based on location and property type.

The median apartment price stands at approximately MXN 62,000 per square meter, equivalent to about $3,900 USD per square meter at current exchange rates. Houses command lower prices at a median of MXN 28,878 per square meter, roughly $1,800 USD per square meter.

Prime beachfront properties in the Hotel Zone and Puerto Cancún exceed MXN 39,800 per square meter, translating to over $4,000 USD per square meter for luxury units. These premium locations represent the market's upper tier, driven by tourism demand and limited supply.

The Cancún real estate market has experienced robust growth over the past 12 months, with property values increasing approximately 13.4% from 2023 to 2024. Market projections indicate another 14% price rise through 2025, reflecting sustained investor confidence and strong fundamentals.

It's something we develop in our Mexico property pack.

How do property prices differ between Cancún's main neighborhoods and zones?

Cancún's property market shows dramatic price variations across different zones, reflecting location desirability, amenities, and development maturity.

Neighborhood Price Range (USD/m²) Key Characteristics
Hotel Zone $4,000+ Highest yields, tourism hub, luxury condos
Puerto Cancún $3,500-$4,500 Gated waterfront, high amenities, $1M+ properties
Residencial Cumbres $2,800-$3,500 30% surge in 18 months, family-friendly, secure
Avenida Huayacán $2,500-$3,200 Fast growth, gated communities, strong rental
Polígono Sur $1,800-$2,800 Best value, new developments, high growth
Zona Centro $1,500-$2,200 Lower entry, solid yields, authentic experience
Costa Mujeres $2,200-$3,000 New luxury zone, resort development

The Hotel Zone commands the highest prices due to its established tourism infrastructure and rental income potential, while emerging areas like Polígono Sur offer the best value for money with strong appreciation prospects.

What's the current inventory situation, and is it increasing or decreasing?

Cancún's property inventory remains tight in established premium zones but is expanding in emerging neighborhoods, creating a mixed market dynamic.

The Hotel Zone and Puerto Cancún continue experiencing inventory constraints, with limited new supply and high absorption rates maintaining upward price pressure. These established areas have minimal developable land, restricting future supply expansion.

Emerging areas including Polígono Sur, Zona Sur, and Avenida Huayacán are seeing significant new construction activity, helping moderate price increases in these segments. Multiple residential and mixed-use projects are under development, particularly in southern zones and along major infrastructure corridors.

Overall inventory trends remain flat to slightly increasing due to extensive building activity throughout the metro area. However, absorption rates continue outpacing new supply in most desirable neighborhoods, particularly those near completed infrastructure projects like Maya Train stations.

The market shows healthy demand-supply balance in emerging zones while maintaining scarcity-driven premium pricing in established luxury areas.

How quickly are properties selling compared to earlier this year?

Properties in Cancún are selling significantly faster in 2025, with average time on market dropping to approximately 45 days compared to 60-75 days in previous periods.

Luxury beachfront condos and new homes in gated communities experience the fastest turnover, often selling within 30 days of listing. Properties in Puerto Cancún, Residencial Cumbres, and Avenida Huayacán see particularly rapid sales velocity.

The accelerated sales pace reflects strong buyer demand across multiple segments, from vacation rental investors to permanent residents seeking quality accommodations. International buyers continue driving much of this activity, particularly from North American markets.

Well-priced properties in emerging neighborhoods also sell quickly, often within 6-8 weeks, as investors recognize value opportunities in areas benefiting from infrastructure improvements. Properties with modern amenities, security features, and rental potential consistently outperform market averages for sales speed.

Market momentum remains strong through 2025, with qualified listings receiving multiple offers and selling at or above asking prices in most segments.

Which property types are experiencing the fastest sales and highest demand?

Beachfront condos and luxury homes in gated communities are experiencing the fastest sales and highest appreciation in Cancún's market.

Vacation rental-suitable condos lead demand, particularly units in the Hotel Zone and Puerto Cancún that can generate strong Airbnb income. These properties appeal to both investment buyers and lifestyle purchasers seeking rental income potential.

Turnkey apartments with modern amenities and security features are highly sought after, especially in emerging neighborhoods where buyers can achieve both capital appreciation and rental yields. Properties offering move-in ready conditions command premium prices and faster sales.

Family-oriented homes in gated communities like Residencial Cumbres have seen appreciation exceeding 30% in 18 months, driven by domestic and international buyers seeking secure, amenity-rich environments. These properties offer lifestyle benefits plus strong resale potential.

Larger homes suitable for extended families or rental income are increasingly popular, particularly in areas like Lagos del Sol and Zona Sur where buyers can access more space at competitive prices while maintaining good rental demand from long-term tenants.

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What rental yields can investors expect in different areas and property types?

Cancún offers attractive rental yields ranging from 4.4% to 10% annually, with significant variation based on location, property type, and management strategy.

Area/Property Type Rental Yield Range Management Type
Hotel Zone Beachfront 8-10% Short-term/Airbnb
Puerto Cancún Luxury 7-9% Short-term/seasonal
Polígono Sur Modern 6-8% Long-term residential
Downtown/Centro 5-7% Long-term local tenants
Emerging Zones 7-10% Mixed rental strategies
Avenida Huayacán 6-8% Long-term families
Costa Mujeres 8-10% Vacation rentals

Short-term vacation rentals in tourist zones generate the highest yields, with successful Airbnb properties earning $12,000-$14,300 USD annually, and peak-performing units reaching $60,000 USD per year. Average monthly long-term rental income stands at approximately MXN 26,000 for well-located new developments.

It's something we develop in our Mexico property pack.

Are there upcoming developments or infrastructure projects that will affect property prices?

Several major infrastructure projects are actively driving property value appreciation across Cancún, with the Maya Train being the most significant catalyst.

The Maya Train became fully operational in late 2024, dramatically improving regional connectivity and boosting property values around new stations. This infrastructure directly enhances access to previously underserved areas, creating new investment corridors throughout the region.

The Nichupté Bridge, scheduled for completion in 2025, will enhance connections between Colosio Boulevard and the Hotel Zone, making adjacent neighborhoods more attractive to buyers and investors. This project is already influencing property values in surrounding areas.

Ongoing airport and infrastructure upgrades continue improving regional access and investor confidence. Multiple high-value residential and mixed-use projects are under development in Polígono Sur, Avenida Bonampak, Huayacán, and emerging southern zones, supported by improved infrastructure.

These infrastructure investments create a positive feedback loop, attracting more development capital and driving sustained appreciation in well-connected neighborhoods. Properties within proximity to completed and planned infrastructure consistently outperform market averages.

What do short-term, medium-term, and long-term price trends look like for Cancún real estate?

Cancún real estate shows strong appreciation potential across all time horizons, with infrastructure-driven growth supporting sustained value creation.

Short-term projections for the next 12 months indicate 11-14% price growth, with only minor slowdowns possible if new supply significantly outpaces demand in select segments. Current market momentum and tourism recovery support continued appreciation.

Medium to long-term forecasts for 2-5 years project 8-12% annual appreciation, driven by ongoing foreign buyer influx, major infrastructure completion, and sustained tourism growth. No significant oversupply risk exists near premium infrastructure, supporting continued value growth.

The market's long-term fundamentals remain exceptionally strong, with Cancún positioned as a premier international destination for both tourism and real estate investment. Demographics, infrastructure investment, and economic development trends all support sustained growth.

Price trends show remarkable consistency across market cycles, with temporary corrections quickly absorbed by strong underlying demand. The combination of domestic economic growth and international investment creates a robust foundation for continued appreciation.

infographics rental yields citiesCancún

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Mexico versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

Which areas are currently undervalued or offer the best growth potential?

Emerging neighborhoods in Cancún offer exceptional value and growth potential, particularly in areas benefiting from new infrastructure development.

Polígono Sur represents the best overall value proposition, with modern 2-bedroom condos available from $150,000-$200,000 USD generating 7-10% yields and strong appreciation potential. This area combines affordability with proximity to planned developments and infrastructure improvements.

Avenida Huayacán offers excellent family-oriented investments, with gated communities providing security, amenities, and strong rental demand from both local and international tenants. Properties here offer better value than established zones while maintaining quality and appreciation potential.

Zona Sur and emerging superblocks 15-19 provide higher yield potential than the saturated Hotel Zone, with larger properties available at attractive entry points. These areas benefit from ongoing development and improved connectivity.

Avenida Bonampak presents significant appreciation opportunities due to massive new development projects and infrastructure investment, making it an excellent choice for medium-term capital appreciation strategies.

Costa Mujeres is developing as the "new Hotel Zone" with luxury resort development and infrastructure investment creating strong value creation potential for early investors.

What's the typical budget range for quality properties in prime and secondary locations?

Cancún property budgets vary dramatically between prime established zones and emerging secondary locations, offering opportunities across investment levels.

Location Category Budget Range (USD) Property Types
Hotel Zone Prime $400,000-$1,200,000+ Beachfront condos, luxury penthouses
Puerto Cancún Waterfront $450,000-$1,500,000+ Luxury condos, waterfront properties
Prime Downtown Gated $250,000-$400,000 High-end family condos, amenities
Polígono Sur Emerging $150,000-$350,000 New builds, fastest appreciation
Avenida Huayacán $150,000-$300,000 Family properties, value seekers
Zona Sur/Lagos del Sol $180,000-$500,000 Larger homes, semi-luxury
Entry-Level Emerging $100,000-$220,000 1-2BR condos, high ROI potential

Prime Hotel Zone properties start around $250,000 for modest units but can exceed $1 million for luxury penthouses with premium locations and amenities. Puerto Cancún commands similar premium pricing due to its waterfront location and exclusive amenities.

For buyers looking to purchase now, which property type and area make the most sense for different goals?

The optimal property choice in Cancún depends on your primary objective, with different areas and property types serving distinct investment and lifestyle goals.

For permanent living, gated communities in Huayacán, Residencial Cumbres, and Lagos del Sol offer the best combination of security, amenities, and lifestyle quality. These areas provide family-friendly environments with reliable infrastructure and services.

Rental income investors should focus on beachfront and Hotel Zone properties for short-term Airbnb rentals, generating 8-10% yields from tourism demand. For stable long-term rental income, Polígono Sur and Zona Sur offer reliable tenant demand and lower maintenance requirements.

Resale-focused investors should target Puerto Cancún for established luxury appreciation, Avenida Bonampak for infrastructure-driven growth, and emerging superblocks for maximum capital appreciation potential. These areas benefit from ongoing development and improved connectivity.

First-time investors with limited budgets should consider emerging neighborhoods like Polígono Sur, where $150,000-$250,000 can secure quality properties with strong rental yields and appreciation potential.

It's something we develop in our Mexico property pack.

What risks and market factors should buyers be aware of in the next 6-12 months?

Several important risk factors require careful consideration when investing in Cancún real estate, though the overall market outlook remains positive.

Regulatory compliance represents the primary risk, as authorities have increased enforcement against illegal developments, including the recent closure of the Cataluña project. Buyers must verify all projects have proper permits and legal standing before purchase.

Legal requirements for foreign buyers mandate using a fideicomiso trust structure, making quality legal representation essential for secure transactions. Poor legal advice can result in significant complications and financial losses.

Market oversupply risk exists in some Airbnb segments, particularly in areas with extensive new construction. Investors should choose professionally managed, well-located properties to maintain competitive rental performance.

Financing limitations affect foreign buyers, who typically require higher down payments and face more restrictive lending terms compared to Mexican nationals. This can impact cash flow and investment returns.

Quality and scam risks persist, with some developers selling properties without proper services or clear titles. Thorough due diligence and developer verification are essential before any purchase commitment.

Tourism sensitivity means property values remain closely tied to travel trends, foreign exchange rates, and global economic conditions. Buyers should consider this cyclical exposure when planning investment strategies.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

  1. Properstar - Cancún House Prices
  2. Tulum Times - Riviera Maya Real Estate Market 2025
  3. The LatinVestor - Cancún Price Forecasts
  4. The LatinVestor - Cancún Real Estate Market
  5. The LatinVestor - Best Areas in Cancún
  6. The LatinVestor - Cancún Property Guide
  7. Visibles World - Invest in Cancún Key Zones
  8. Airbtics - Annual Airbnb Revenue Cancún
  9. Global Property Guide - Mexico Rent Yields
  10. Riviera Maya News - Illegal Development Shutdown