Now that Playa del Carmen and Tulum have become separate entities, both in terms of municipality and of chapters in the Mexican Association of Real Estate Professionals (AMPI, Mexico's counterpart of NAR, and whose members are officially NAR Realtors) both Playa del Carmen real estate and Tulum real estate have been moving ahead with exciting new opportunities.
Playa del Carmen, now a smaller municipality, has been focusing on bringing investment to develop the "other side of the highway," i.e. the non-beach side of the federal highway running from Cancun to Tulum. While this highways has typically been considered the division between the tourism area and non-tourism area, many American and Canadian expats have already been enjoying the two new shopping malls on the "other side;" next to one of them, the new city hall is going to be built as well as a new upscale outdoor plaza, similar to Paseo del Carmen on the be beachfront.
A recent meeting of the Riviera Maya chapter of AMPI (the Riviera Maya is the area surrounding and including Playa del Carmen) has also been looking ahead to an upcoming investment forum which hopes to bring diversified investment to this area, including higher educational institutions and real estate developments focused on Americans and Canadians, such as a new retirement communities. The new developments will offer residents all the benefits of the new shopping areas, many services and proximity to the broad range of benefits in the Riviera Maya, including golf and relatively close access to the beach, which is about a 10 minute drive from this part of the city. In any case, the new growth will also bring new Playa del Carmen land opportunities for investors and for future retirees planning to build their own dream home.
Just down the the road in Tulum, the town's new chapter of AMPI has been looking ahead Tulum's investment forum with a focus on sustainability. While the town already includes a "green" hotel strip, and has a tendency towards environment-friendly development, the new forum is expecting to move the city solidly in this direction. With a new international airport on the way, and an expected increase in tourism, real estate growth in the area will bring both new investment opportunities as well as many property options for buyers planning to live in a more ecological-focused area with a growing number of services.
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Region: Playa del Carmen real estate.
Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.
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