Playa del Carmen Land Properties
If you are investigating the possibility a land investment in the Playa del Carmen market, you will be happy to know the Playa del Carmen land market still offers all types of lots, with very good return possibilities. There are residential (single family and condo), commercial and mixed lots. Downtown, most of the lots available are for condos, commercial or mixed, while in Playacar, for example, most are single family lots; the majority of condo lots there have already been built on.
LAND PROPERTIES AT PLAYA DEL CARMEN
City: Playa del Carmen
Area: Playa del Carmen
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City: Playa del Carmen
Area: Playa del Carmen
City: Puerto Aventuras
Area: Playa del Carmen
City: Puerto Aventuras
Area: Playa del Carmen
City: Playacar
Area: Playa del Carmen
City: Playa del Carmen
Area: Playa del Carmen
City: Playacar
Area: Playa del Carmen
City: Playacar
Area: Playa del Carmen
City: Playacar
Area: Playa del Carmen
City: Puerto Aventuras
Area: Playa del Carmen
Because Playa del Carmen land is pretty developed, lots are usually bought to construct on, with the return coming more immediately from the construction project, as opposed to areas such as Tulum where investors buy the lots and wait, making their return on rising property prices or later construction. Earlier on this was a more common situation in Playacar, for example, where some people who bought and waited, and are now selling or building. This year, due to the recession, the price for lots in Playacar has lowered from an average of $500 per meter squared to about $425. This could make it a good time to buy especially since there are indications that the prices will soon bounce back and continue on their way up. From a seller’s perspective, this may mean that it’s better to wait for the right buyer or hold out until the prices are up again.
Playa del Carmen land in some other locations close to under-way beachfront developments will probably boom when the developments are complete. Likewise a lot near the federal highway could prove to be a good investment for a condo complex with commercial spaces, which would see a lot of business from the traffic, and would sell well for people who need to live close to the highway. Some of these lots still need to be titled – a process which a TOP Mexico Real Estate agent can help you carry out to avoid unnecessary complications.
Buying Playa del Carmen land has some distinct advantages. One is that the infrastructure is in place and very complete. Also, various factors ensure that the demand in Playa will continue to be high; for example, the amazing beaches, which many consider to be the most beautiful in the world, the popularity of 5th Avenue, a high level of safety, and the proximity of the Cancun International Airport, which is only 45 minutes away. Likewise Playa’s continuing growth and expansion in infrastructure, which has made it Latin America’s fastest growing city, ensure that Playa del Carmen land purchases will continue to be a solid investment. For more information contact the Playa del Carmen agent from our TOPMexicoRealEstate NETWORK; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely.
