About Cancun, Mexico

Cancun is a resort city and the second-most-populous city in the state of Quintana Roo, Mexico. Located on the eastern coast of the Yucatán Peninsula, Cancun is a major tourist destination in the state of Quintana Roo, as well as the most visited tourist destination in the Caribbean. Cancun is the centre of a metropolitan area with 888,797 residents and is located on a bay that serves as an open ocean lagoon, part of the Caribbean Sea. 
Cancun is home to numerous hotels, resorts, nightclubs, discothèques, shopping malls, casinos, restaurants, and bars. The city has an international airport, and is connected to all major international cities in Mexico, the United States, and Canada by daily flights.

More about the city - Geography and areas

There are four main areas in Cancun: the Hotel Zone, Downtown Cancun, the Riviera Maya, and Isla Mujeres.
The Hotel Zone is a long, narrow strip of land that is home to most of the city's hotels and resorts.
Downtown Cancun is the city's commercial and financial center and is home to many of its government buildings and banks. The downtown area is divided between the "Old Town" and the "New Town." The "Old Town," where the historic heart of the colonial era is located, features a number of traditional attractions such as colonial churches, forts, museums, and cultural centres.
The Riviera Maya is a stretch of coastline that includes the cities of Playa del Carmen and Puerto Morelos.
Isla Mujeres is a small island located just off the coast of Cancun.

The luxury real estate market in Cancun

Cancun is projected to continue to be one of the most popular destinations for both tourists and investors.
In 2020, Cancun real estate showed impressive growth. The luxury segment grew at a higher rate than the general real estate market, reaching an increase of 9% in total units and 7% in prices compared to 2019. This growth was driven by strong demand for both resale and new properties.
During the pandemic, Cancun luxury real estate has remained resilient. The number of transactions decreased by only 10% compared to 2019, but sales volume increased by 21%. This is a testament to the growing demand for luxury residences in the area.
This resilience comes as a result of several market drivers: strong investor interest, rising global tourism, and the high level of trust of Cancun locals toward local and international developers.
The cost of a house, apartment or home in Cancun varies depending on the size, location and amenities of the property. However, the average cost of a three-bedroom house in Cancun is approximately $180,000, while the average cost of a four-bedroom house is approximately $250,000.

In Cancun you can find private mansions, villas, prestigious apartments and many exceptional properties.

There is currently a lot of interest in luxury penthouses and apartments, as well as luxury townhouses and high-end properties.

Real estate agencies are everywhere in Cancun but just a small portion of them can really handle the sale of a luxury apartment, a villas, a penthouses and only a few are used to deal with an international buyer.
Fortunately, you can find them on World Luxury Home!

You can explore real estate listings and find the right match for you. You can filter by property type, services, amenities and more.


How to buy a luxury home in Cancun There are a few things you need to know before you buy a luxury home in Cancun:

1. The market for luxury homes in Cancun is very competitive. You will need to be prepared to compete with other buyers for the best properties.

2. The average price for a luxury home in Cancun is around 3000000.

3. You usually need to be able to speak Spanish to buy a luxury home in Cancun.

Most of the real estate agents and property developers in Cancun only speak Spanish.
Fortunately, on World Luxury Home, many agents and agencies speak fluent English, Russian, Italian, German, French, Chinese, Arabic and Spanish.

Whether you are looking to buy a private mansion, a luxury apartment, a family apartment, or even an atypical property (yes, Cancun is full of properties that are unique and can't be compared to anything else in the world!), you're in the right place.

How to sell a luxury property in Cancun When selling a high-end property in Cancun, it is important to price it correctly. Many luxury properties in Cancun are overpriced, which can lead to a longer than average sale time. It is also important to make sure the property is in excellent condition before putting it on the market.

Additionally, it is important to market the property correctly to reach the right buyers.

Some tips for marketing exclusive properties in Cancun include:

• Using high-quality photos and videos to showcase the property
• Creating a well-written property description that highlights the unique features of the property
• Targeting high-end buyers who are interested in luxury properties
• Post your property on World Luxury Home to ensure to target the right audience and to increase your visibility. It is free to post your listing as a private seller and our team can provide services to sell your home faster and at the best price.

Remember that there are thousands of real estate for sale in Cancun: We can help you stand out of the crowd and sell your property faster.

Contact us now to know more about our services or list your luxury property in just 3 minutes!