If have been thinking about buying land, and have considered Playa del Carmen real estate market, you might be wondering if Playa del Carmen, having grown considerably in the last decade, still presents good investments for this property type.
The answer: absolutely! The area has been growing faster that any other community in Latin America, and so far doesn't show signs of slowing down. This means that there is an ongoing demand for purchasing properties in Playa del Carmen. Investors who buy Playa del Carmen land and build on it will have a property worth considerably more on the market than the cost of purchase and construction combined. Or, if a lot is zoned and developed for business, the growing population and tourism based economy of the area can support many new businesses.
This also points to the fact that those who wish to own a home can save money buy buying a lot and having their own dream home will be cheaper than buying the resale home already on the market. The disadvantage? You have to go to the trouble of having the home designed, overseeing the construction, installation, decoration, landscaping, etc. There are companies which coordinate the entire process, making it easier, and the best part is that, in any case, in the end you will have the home you always dreamed of.
Another factor pointing towards the benefit of purchasing land is the municipalities recent move to bring diversified real estate investment to the non-beach side of the highway. New residential developments and new services are being promoted for this area, and for those interested in buying land, this means that attractive areas with excellent Playa del Carmen properties for living or investing will also be opening up. For those who wish to live on this side of the highway, it is still only a 10 minute drive away from the beach.
Consider buying Playa del Carmen land.
TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"
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.
Find Thomas Lloyd on Google+