Find here the available properties I found for a Silversands hotel in Mexico.
Why Mexico?
The Emerging Market for North America.
Strategic Location.
Direct access to powerful economies like the United States of America and Canada, as well as Latin America.
15th largest economy in the world (some say 12th).
$29.3 B Foreign Direct Investment, 19th place in the World Export Ranking.
With unparallel resources, Mexico has placed itself the goal of being the 10th economy in the world in the years to come.
Growing Tourism.
Ranked 6th in terms of international tourists arrivals. United Nations World Tourism Organization.
38.3M 2022.
42.1M 2023.
45M 2024.
Tourism contributed with 8.5% of Gross Domestic Product during 2022.
Room Occupancy for the Three Main Beach Destinations 2024:
Cancun 79%
Los Cabos 81.7%
Puerto Vallarta 83.2%
Puerto Escondido, Ixtapa, Acapulco, Veracruz, Yucatán keep on adding to make tourism one of the main industries in Mexico,
Infrastructure.
The country already has a developed hotel infrastructure, leveraging supply chains, specialized labor, and established tourist services.
Complemented by a high developed communication network throuhgout the country, with roads connecting the main destinations with local tourism and airports that bring visitors from the most distant origins.
Growth in the Luxury Market.
Growing segment of the Mexican population and international visitors interested in luxury and exclusivity experiences, which perfectly matches Silversands value proposition.
Only in Cancun by the end of 2024 investments were announced for $1,7B, including a $400M complex by Ritz Carlton, $600M by Royal Caribbean and $700M by Grupo XCaret.
Not just that, in february 10th Hyatt announced the aqcuisition of Playa Hotels for $2.3B. Thus consolidating the confidence investors place in the luxury experiences market in Mexico.
In fact, some of ORA Developers partners are already present in Mexico with great success and are direct beneficiaries of the remarkable market a destination like Los Cabos represents.
With the current government placing special attention in tourism, the market it will just continue to grow.
Foreign Investors.
In its Law for Foreign Investments Mexico offers various tax incentives and programs to attract foreign investment, which could reduce costs and increase the profitability of the project.
For instance, both construction and hospitality are direct beneficiaries on:
100% ownership, no national partnerships required.
Immediate Deduction on Fixed Assets.
Accelerated Formalities Program.
$38.4B Foreign Direct Investment projection for 2024.
6.54% increase in respect to 2023 with 31.09B.
If there is an industry that has been backed by the mexican government in the last four years it is tourism, due to its fast post-pandemic recovery.
Solid Bakning System.
Mexico´s development bank, Bancomext, it is an institution capable of funding practically any project you can imagine.
Directly or through its intermediaries, hospitality and developments play an important roll in its work, being Grupo XCaret a clear example.
BBVA Bancomer is the largest bank in Mexico. With its corporate division boosting large scale real state projects like Vinte.
The second largest bank in Mexico Banco Santander just announced (february 19th) a 2B investment, expressing the confidence for the country in the years to come.
Hospitality Cost of Investment Example.
60,000 sqm 5 diamond beach front resort with 400 keys in Cancun:
$200M. 24 months construction.
Monthly billing $7.5M and/or $90M anually.
3 years ROI at 35%.
Costs of land.
Cancun 2,300,000 sqm lot, with 435 m beach front (including waterpark facilities and legal approvals for tourism).
$87M USD
Isla Mujeres 25,000,000 sqm lot. Nestled on an island, appart from the beach, it counts with islets, coves, lagoons that all together add up to 60,000 m of beachfront.
$225M.
Los Cabos 8,940,000 sqm 1.4km beach front $48 per sqm.
$429M.
Silversands Cardinal.
The Project for Mexico.
As seen above, the three main touristic ports for Mexico are Cancun, Los Cabos and Puerto Vallarta.
Since I was adviced by Engineer Sawiris not to include saturated destinations in the proposal, I would think twice in Cancun and probably Los Cabos and think in Yucatán as the main destination for Mexico, since it is considered the next hot spot. Along with Veracruz, which is a historical and very touristic port, laking the impulse from a company like ORA Developers, capable giving impulse to the city as a prime beach destination. These four places conform Silversands Cardinal, the project for Mexico.
Click here to check available properties in both Yucatán and Veracruz:
https://silversands.mx/mexico-2/
Silversands Mexico.
A group of 13 Silversands registered trademarks for its exclusive use in Mexico in the hospitality and real state industries, among others.
My name is Eduardo Quiroz Gutiérrez, and I am an entrepreneur in the education and restoration areas.
Contact:
silversands@silversands.mx
Whattsapp +52 771 747 7749
X Account: @SilversandsMx