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What to Expect in Playa del Carmen Real Estate - 2011

Thomas Lloyd

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As 2011 begins, the Playa del Carmen real estate market continues to offer a growing number of excellent options. Many exciting developments which begun in 2010 will be completed during 2011, offering increased convenience, options and property value.

The following are few items which we can look forward to in 2011.

Highway bridges – This series of 3 extended bridges, spanning about 6 of the main intersections of the Cancun-Playa del Carmen highway and access roads heading downtown and to the beach will make it much faster to travel from one side of Playa del Carmen to the other. This makes shopping options, activities and services throughout the city more accessible to just about all residents, whether at the north, south or central part of the city.

Communities Near Xcalacoco Beach – This up-and-coming area at the north end of town is home to a number of high-end resorts, condo-hotel investment opportunities, and more and more nice, gated residential communities. Since it is new, the prices are still very accessible in this area of Playa del Carmen real estate. It offers excellent lifestyle, and high potential for investment.

Communities Near Centro Maya Mall – On the other end of town is another up-and-coming area, this time a little back from the beach. It is next to one Playa del Carmen's new, large malls, where there is a large supermarket, 2 club stores, a large-screen movie theater with many movies in English and a variety of shops and restaurants. The residential development nearby includes land developments, condos and upscale resort-style communities. The area is also set to see a large increase in demand.

New Services and Residences near “La Cruz. " “La Cruz" is the name of the new city center area under development right in the middle of north and south, but about 4 km back from the beach. While the nice new gated communities there are mostly focused on local buyers, they have potential for international investors as well. They are likewise centered around a new mall. Importantly for everyone, is the growing number of shops and services available here. Notable, a new Walmart opened up in December 2010.

Each of these areas is worth watching for real estate opportunities, as well as playing a role in continuing to shape Playa del Carmen's growing market, and excellent lifestyle.

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