(Travel Pulse).- Monific, a real estate crowdfunding company, is investing approximately $7.5 million in eight hotel projects, whose prospective locales include Quintana Roo’s Tulum and Cozumel, Guanajuato’s San Miguel Allende, and Oaxaca’s Puerto Escondido.
“In 2020 alone, we have funded more than 40 million pesos for four projects,” Monific said. “The idea is to reach 150 million funds in 2021 and have seven or eight new opportunities.”
The company manages four boutique properties Tulum, Bacalar and Playa del Carmen.
Monific enables its investors to make investments of approximately $50 to $75,000 in the company, potentially producing annual yields of between 11 to 16 percent.
The company said its number of investors has climbed to 10,000 as of late, which has bolstered its confidence in expanding its reach.
It also noted that its existing four properties have not been negatively affected by the pandemic, as many guests prolonged their hotel stays to several months due to “blockade restrictions.”
Source: Travel Pulse
The Yucatan Times
more recommended stories
Holcim cement plant is already operating in Umán, Yucatán
Mérida, Yucatán, (June 24, 2021).- With.
Hawthorn (Espino Blanco) a medicinal plant that naturally fights hypertension
Hawthorn and hypertension YUCATÁN, (June 24,.
Raiders’ Carl Nassib becomes first active NFL player to come out as gay (VIDEO)
WORLD, June 24, 2021 (Reuters) .-.
Ranchers plant trees in a community in Izamal, Yucatán
Izamal, Yucatan; June 24, 2021 (ACOM) .-.
The ‘Champolas’ of Don Cheto, a tradition that continues in Maxcanú, Yucatán
Maxcanú, Yucatán, (June 24, 2021).- The.
DIF Yucatán instructs families on how to nourish with fruit trees that they have in their home
Peto, Yucatán, (June 23, 2021).- Mrs..
Banksy copyright is removed from his works to make greeting cards
Banksy lost the rights to several.
Yucatecans stand out in the Hispanic Grandeur International Awards
MEXICO CITY, (June 23, 2021).- The.
Maya Assembly Múuch ‘Xíinbal calls for cancellation of the Maya Train
Maya people in Yucatan say NO.
Electoral process left 102 politicians assassinated in Mexico: Etellekt
MÉXICO, (June 23, 2021).- The electoral.