Mexico: Vacation rentals with luxury services

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The different platforms that offer lodging as an option to traditional hotels, have been quickly positioning among the favorites of tourists, both nationally and internationally.

Vacation rentals as a business model has become a great competitor of hoteliers, due to its accelerated growth throughout the country especially in beach destinations such as Cancun and the Riviera Maya which were awarded at the Travvy Awards 2019 as best destinations worldwide.

Although companies such as Airbnb or HomeAway are among the favorites of users when looking for a vacation property. There are other platforms that offer properties accompanied by luxury services with the same quality as a 5 star hotel.

Such is the case of SIMCA Desarrollos, a Mexican company that develops real estate projects in southeastern Mexico; which has its subsidiary Happy Address, which is available to all condominiums and residential SIMCA, allowing owners to rent their house or apartment.

According to Chris Gill, Sales Director of SIMCA, the potential that Airbnb showed when arriving in Mexico was what led them to bet on this type of business. “We realized that our clients were doing very well renting their apartments, so we decided to create, five years ago, Happy Address that takes care of the stays, maintenance and attention to the guest. With this option, the purchase of a property can become a profitable asset from which an interesting return on investment can be obtained."

Likewise, this platform offers, what SIMCA calls “Habitational Art” a concept based on intelligent designs made by some of the most important architect firms in the country. The objective is to design the properties so that they can be "divided" without removing functionality from it.

“It is a system where a property can be split in two respecting the privacy of the user since the owner has the possibility to occupy his apartment and rent the second part or offer both parts in Happy Address, each designed to have everything Independent."

Finally, the SIMCA Sales Director emphasized that it is a market that allows people to obtain high returns at the same time that they can enjoy their residence, since “the property is practically paid only with the income," and since the company's complexes are in high demand locations, users can find for 200 or 250 dollars (average of a standard room) a space equivalent to a residential suite in a luxury building with first class services “basically you get more for less.”

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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