Playa del Carmen has been one of Latin America's fastest growing municipalities over the past few years. Everyone knows that this means opportunities for investment, especially since this growth stems from thriving tourism.
But exactly how does this fact benefit you as a Playa del Carmen real estate buyer?
More Property Options – A growing community means that there are more property options. Of course, not all of those options will be suitable, but this growth is creating new upscale areas not only next to the beach, but also near nice shopping centers or golf courses. The variety of property types is also increasing to include homes and condos in the standard sense, but also innovative ideas such as eco-communities and boutique gated communities which offer distinct services for a lifestyle options.
Increasing Demand – If you are going to resell your Playa del Carmen real estate or rent it out, tourism based growth means that there will be a healthy demand on the market for your property. This is important both from an investment perspective, and just as a general form of security.
New Services – With growth come amenities like Walmart, modern English movie theaters, large malls, world-class golf, modern hospitals, bilingual schools (important if you have kids), marinas and much more.
Business Opportunities – Buying property for business reasons – either renting it out for income or otherwise – also becomes a more feasible undertaking when there is healthy growth in the area. While most buyers see their Mexico real estate as a vacation property or for retirement, it's becoming increasingly common for Americans and Canadians to make a living in Mexico.
While there are many locations throughout Mexico which offer excellent properties near the beachfront or by a lovely lake, Playa del Carmen's growth points to some of the strongest opportunities as described above.
The surrounding area supports this growth; the nearby Cancun International Airport offers the most options for direct, affordable flights throughout north America from Mexico. A new airport is being planned for an hour south in the town of Tulum; the airport comes in response to Playa del Carmen's growth, and in anticipation of upcoming growth expected in Tulum, which seems to be on the verge of following Playa del Carmen's success.
The proximity of Cancun's services and activities, and those appearing around Tulum, also help to consolidate Playa del Carmen real estate 's position as one of the best choices available.