If you have ever examined a life overseas, where your hard-earned money goes further, you are not alone. They estimate that up to two million Americans live south of the border. One of the primary considerations for creating a new life in Cozumel is the lower cost of living. Not only are doctor’s appointments, groceries, and taxes much more economical, but acquiring a home on or near the beach is a very achievable dream.
Cozumel’s proximity to its northern neighbors is another leading factor for those considering the purchase of a vacation home or a permanent international move. Direct flights to and from many Canadian and American cities offer snowbirds, retirees, and other sun-seekers an important advantage should they need to return home to take care of business or family matters.
The Cozumel International Airport is situated just forty minutes from Playa del Carmen. In the last five years, real estate prices on the island have risen. Regardless, thousands of international ex-pats continue to flock to this Caribbean island to experience a higher quality of living for less than other metropolitan cities worldwide.
This charming island has much to offer visiting travelers and residents alike. There are galleries, a planetarium, and museums. Hospitals and clinics offer excellent facilities with a myriad of health and dental specialists providing top-notch services and treatments. There are furniture stores, prominent banking institutions, schools, universities, Sam’s Club, Office Max, and many grocery superstores.
You can find almost every convenience from home in Cozumel. The island has remained peaceful and can even be navigated via bicycle. Speaking Spanish enhances life here in Cozumel, but is not a requirement. The Riviera Maya accounts for forty percent of the country’s tourism revenue; so a substantial majority of inhabitants on the island speak English.
The real estate market has gotten hot in the Cozumel this past year and new investors have now started many exciting developments. That being said, with minor due diligence, you can find licensed real estate agents and advisors to work with. Several established companies in Cozumel have the experience and the resources to help you gain your dream home. Our three favorite companies are C.E.O Real Estate, Cedral Caribe REALTORS, and Cozumel Living Real Estate.
Written by Stingray Villa