NEW YORK--(BUSINESS WIRE)--Nest Seekers International, a leading global real estate brokerage, has announced its expansion into Mexico, with Managing Directors Chris Gill and Andy Kim at the helm. With this strategic move, Nest Seekers global footprint continues to expand.
Mexico's luxury real estate market is experiencing a surge in popularity among American buyers, who are drawn to the country's affordability, accessibility, culture, amenities, and excellent weather. Coastal regions are becoming hotspots for buyers looking for a solid investment opportunity that generates capital appreciation and passive income. Mexico is among the top five destinations worldwide for tourism demand, with a thriving Airbnb culture, generating a passive income conservatively between 5% to 9%. Corporations such as Tesla have moved into Mexico, and the government is investing heavily in new infrastructure, including an international airport in Tulum, and high-speed trains, guaranteeing better connectivity and growth.
With new offices in Mexico’s most popular destinations, Nest Seekers is quickly expanding. Our office in Cabo San Lucas serves the world-class destination at the southern tip of Mexico’s Baja California Peninsula. Cabo is one of the strongest real estate markets in the country, with an annual growth of 6% in overall sales for the last five years, easy accessibility to the west coast, and a low cost of living. Our Riviera Maya office is in Mexico’s most popular tourism destination and encompasses the fourth-largest growing real estate market in the world, from Playa del Carmen to Tulum. Described as a Mexican paradise, Riviera Maya boasts pristine beaches, stunning luxury real estate, and access to 170 direct flights throughout the world. Our office in Mexico City is in the epicenter of the bustling metropolis. With incredible cuisine, and traditions steeped in thousands of years of history and culture, Mexico City is a modern global hub with a booming real estate market.
"Our expansion into Mexico is part of our global strategy to serve the world’s top markets. We are thrilled that Chris Gill and Andy Kim are on board to lead our expansion in Mexico.” Eddie Shapiro, Founder, President, and CEO of Nest Seekers International.
Mexico is one of the hottest markets for second and third homes, with people wanting to live a better quality of life after the COVID-19 pandemic. New ownership options, such as fractional ownership, and smart designs like lock-off units, allow your 2nd or 3rd home to become an investment property that pays for itself. The repetitive ratio is around 21% of tourism visitors who become owners, with Cancun's visitors jumping from 18 million to 29 million in the last two years.
Retirees looking for a high-quality lifestyle at a lower cost of living are finding Mexico to be the perfect destination. The country is ranked number one in the world for hosting more retirees from the US and Canada, with easy access to private medical insurance and the possibility of using a self-directed IRA to purchase a property. Additionally, permanent residency is easy to obtain, and many benefits come with it. On the other hand, Mexico is also becoming a haven for digital nomads who appreciate the resort lifestyle with easy access to international flights.
"Mexico has long been a popular vacation destination and the real estate market is booming," says Chris Gill, Managing Director, Nest Seekers Mexico. “I am thrilled to be part of Nest Seekers expansion into Mexico.”
"Our clients are attracted to the incredible quality of life that Mexico offers, with its beautiful beaches, warm weather, affordability, and rich cultural heritage,” says Andy Kim, Managing Director, Nest Seekers Mexico.
ABOUT NEST SEEKERS INTERNATIONAL
Nest Seekers International is a renowned global leader in ultra-luxury real estate and new development, known for its exceptional client service and impressive track record of success. Our values of innovation, creativity, hard work, and passion are embodied by our extraordinary team members, driving our culture, business model, and interactions with our notable clients. With over 1500 agents and employees, 30 offices, and storefronts in prime locations worldwide, Nest has become a global brand attracting high-net-worth buyers and sellers from top markets. Our advanced distribution platform, innovative marketing strategies, and global media exposure serve discerning clients from around the world.
