top of page

JPMorgan’s CEO bullish on Mexico’s economy and real estate market

Mexico's economic growth

Mexico’s economic potential and growth

Mexico is a country with a lot of potential, according to Jamie Dimon, the CEO of JPMorgan Chase & Co., one of the largest and most influential banks in the world.

In a recent interview with Bloomberg on November 14, 2023, Dimon emphasized the significant growth opportunities he sees in Mexico across capital markets, manufacturing, and agriculture. He also said that JPMorgan is committed to investing in the country and supporting its development.

Dimon’s positive outlook on Mexico is backed by solid economic data and indicators. Mexico’s gross domestic product (GDP) grew by an annualized 4.1 percent in the third quarter of 2023, marking the fourth consecutive quarter of expansion after the pandemic-induced contraction in 2022.

The service-providing sector grew by 4.8 percent, while the goods-producing sector increased by 3.6 percent. Mexico’s GDP per capita stood at 11,091 U.S. dollars in 2022, ranking as the 14th largest in the Latin American and Caribbean region.

Mexico’s urbanization rate is expected to continue increasing in the coming years, driven by population growth and migration to urban centers. Mexico is also an OECD and G-20 member country and, with a GDP that amounts to slightly over 1.4 trillion U.S. dollars, it ranks as the second largest economy in Latin America and one of the largest in the world.

Riviera Maya: a paradise for real estate investors

One of the sectors that could benefit from this positive outlook is real estate, especially in the Riviera Maya, a beach-fringed stretch of coastline bordering the Caribbean Sea with some of Mexico’s most luxurious hotels, resorts and residential communities.

The Riviera Maya is a popular destination for tourists, expats, and retirees, who are attracted by its natural beauty, cultural diversity, and high quality of life. The demand for real estate in the Riviera Maya has been steadily increasing, as more people seek to own a piece of paradise or generate income from vacation rentals.

According to the Sociedad Hipotecaria Federal (SHF), Mexico’s nationwide house price index soared by 10.41 percent during 2022, following year-on-year increases of 8.56 percent in 2021, 5.38 percent in 2020, 7.66 percent in 2019, and 9.35 percent in 2018.

The Riviera Maya has seen some of the highest house price increases in the country, as well as strong rental yields and capital appreciation. The average price of a three-bedroom apartment in the Riviera Maya was about 3.8 million pesos (US$ 206,522) in 2022, up by 12.4 percent from a year earlier, according to Global Property Guide.

The Riviera Maya offers a wide range of real estate options, from affordable condos and houses in Playa del Carmen, Tulum, Puerto Aventuras, Akumal, or Puerto Morelos, to exclusive beachfront villas and penthouses in gated communities like Playacar or Corasol.

There are also new developments and projects that cater to different lifestyles and preferences, such as Xiol, a stunning new condo development situated in the heart of Playa del Carmen, Uma, a private residential project located in Playacar Phase II, or Tankah Bay, a spectacular beachfront condo complex in Tulum.

How to invest in real estate in the Riviera Maya

Investing in real estate in the Riviera Maya can be a smart and profitable decision, as the market offers attractive returns, capital appreciation, and tax benefits. However, it is important to work with a trusted and experienced real estate agent who can guide you through the buying process, provide you with the best options, and help you avoid any pitfalls or risks.

At, we have over 10 years of experience in the local market, we are certified real estate agents, and we are also fluent in English and Spanish, and we have a deep knowledge of the culture and lifestyle of the region.

If you are interested in learning more about real estate in the Riviera Maya, or would like to buy a property in this area, please don’t hesitate to contact us today. We will be happy to answer any questions you may have and provide you with the best service and advice.

23 views0 comments


Join our mailing list!

Thanks for subscribing!

Exclusive Properties

Suku Un

Suku Un


From $162,349 USD

Explore Suku'Un: Prime Tulum Condos for Sale

Discover Suku'Un, an exclusive real estate development in Tulum offering luxury condos for sale. Perfect for North American investors, 

Suku'Un provides modern amenities, strategic location, and exceptional investment opportunities in Tulum's thriving real estate market.

Watch Suku´Un Promotional Video

Volta 101

Volta 101

Playa Del Carmen

$24,000 MXN / Month

Volta is a beautiful place located in the heart of Playa Del Carmen.

Just half block from the famous Fifth Avenue, in the middle of the action (restaurants, shops, cafeterias and much more...)




From $670,000 USD

Discover Inku - Tulum Homes for Sale

Inku, named after the Mayan word for “Nest,” has been meticulously crafted to offer the finest living experience. It is located in the heart of Tulum's exclusive Selvazama neighborhood, offers luxurious residences designed for those seeking tranquility and connection with nature. Experience modern living amidst Tulum's stunning natural beauty with these exquisite homes for sale.

Deja Vu

Deja Vu


From $289,640 USD

Deja Vu - a stunning residential development that offers a perfect blend of eco-friendly living and rich cultural heritage. 

Our unique architectural design, lush green spaces, and wide range of amenities provide a serene and peaceful living environment that promotes balance and relaxation. 

Amira District

Amira District


From $168,000 USD

Discover Luxury Living at Amira District Tulum

Invest in the ultimate tropical paradise at Amira District, located in the sought-after Selva Zama area of Tulum. This premier development offers luxury condos just a short walk from the pristine beaches of Tulum, providing an exceptional living experience for discerning buyers.




From $145,000 USD

Discover Luxury Living at Attha in Tulum

Experience the epitome of luxury and sustainability at Attha in Tulum. Nestled in the heart of Tulum's serene jungle, Attha offers an array of elegant homes and condos designed to harmonize with nature while providing modern comforts. Ideal for North American investors seeking a unique blend of tranquility and profitability, Attha is your gateway to a premium lifestyle in one of Mexico's most desirable locations.

Get in Touch


Susana MacDonald

Avenida 10 SUR #7 Playacar

77717 Playa del Carmen

Quintana Roo, Mexico



  • Facebook
  • LinkedIn
  • Instagram
  • Youtube

Thanks for submitting!

bottom of page