When looking at beach villas around the world, properties in Mexico tend to retain a certain kind of allure, as the numerous resorts on the country's eastern coast are known for stunning white sand beaches and the warn Caribbean sun. Those who purchase Mexican villas are able to take advantage of the relaxing waves and retreat from the rest of the world.
Off of the coast of the Yucatan peninsula, divers can take advantage of some of the most beautiful underwater scenery anywhere in the world. The Great Mayan Reef, just a short distance off the coast, presents colorful aquatic views that cannot be duplicated anywhere else.
Mexico's location represents its own draw for those looking to buy beach villas. Many other vacation home destinations are found around the world from when owners spend the majority of their time. That means it may not be worthwhile to try and spend a weekend or a few days at the property when much of their time will be spent in transit. On the other hand, a flight from New York to Cancun International Airport takes just over four hours, while a flight from Los Angeles still takes under five hours, giving owners more time on the beach.
The country is home to a number of top attractions on land as well. For example, the Banyan Tree Mayakoba resort features El Camaleon, a championship-level golf course designed by PGA legend Greg Norman. The course is also home to the Mayakoba Golf Classic, which is the only regular PGA Tour event held in Mexico, allowing residents to take in some top-level competition when they're not working on their swing.
Buying property in Mexico also comes with its own financial advantages, such as low property tax rates. Compared to high tax levels in the United States, property taxes in Mexico can seem paltry, as even large homes generally haven't had property tax bills over $300 per year.
Property values in regards to taxes, which are noted in the local city registry, generally aren't updated frequently. So when owners' Mexican villas increase in value - which they generally do - it may take a long period of time for those gains to actually be taken into account.