Many people interested in buying on the Mexican Caribbean (the Cancun-Playa del Carmen-Tulum stretch) have heard about the option of buying land in Tulum. Is this just a passing fad, or is now really the time to make the move?
Buyers should consider these factors when making their decision.
Variety is already available. Tulum has progressed passed the point of only offering raw land sales for the first adventurous investors (although there is still plenty of raw land to be found.) Development land (i.e. land within a gated development) is already for sale in many locations. Aldea Zama, for example, offers modern road infrastructure, the newest wiring for power and communications (high-speed internet, etc.) and a trendy village center area. Eco-developments are also available, adding to the areas defining green-focused lifestyle. Town lots can also be found for those who prefer to live directly in the town center area, with the convenience of walking everywhere and riding bike to the beach.
Developments are available in privileged locations. The announcement of the location of the international airport has added potential value to the eco-developments on the nearby roads and highways. Likewise, the announcement in early 2011 that the Tulum National Park would remain protected and that new developments would not be allowed in the area has given a new benefit to land developments like Aldea Zama which are located near the park.
The new airport is on the way. The new international airport for Tulum is perhaps the single most significant recent development in the area. The airport will bring a new wave of tourists, the accompanying investment and growing interest in the area’s real estate. While several delays have come up in the process (such as the lack of suitable bids for private construction in early 2011), it is a fact that the airport will be built – a fact confirmed by the President of Mexico directly. Those who wait to buy land until concrete action can be seen in the construction may miss out on the best prices and highest-potential opportunities.
Prices are low, services are appearing. Prices are still low and very accessible. Land in nice developments can be bought for surprisingly low prices. Lots in less noticeable areas could still be found even cheaper. On the other hand, services, such as the new Walmart, are already appearing. Those who buy now will be enjoying a nice set of conveniences services by the time they’ve built on their lots.
Need more motivation to buy land in Tulum? Make arrangements to come and visit; chances are, you’ll be too eager to get your lot and start building!
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Region: Tulum 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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