When we think of real estate on the Mexican Caribbean, a few big names come to mind, mostly Playa del Carmen real estate and Cancun real estate.Â Here we will explore the distinct flavor of these two areas, as well as that of a much less discovered real estate area a few hours to the south â€“ Costa Maya real estate.
Cancun real estate â€“ Starting at the northern tip of the Mexican Caribbean on the Yucatan Peninsula, and the heart and leader of this area, Cancun has done something spectacular.Â Started from scratch over 40 years ago as Mexicoâ€™s first Planned Resort Community, Cancun has transformed an abandoned beachfront surrounded by jungle untouched for centuries into Latin Americaâ€™s foremost resort community and a thriving real estate market that feels much like the best of American suburban lifestyle.
Perhaps this isnâ€™t so spectacular; the beach the investors chose was (and is) one of the most beautiful to be found in the world â€“ people just needed a way of knowing about it and getting there.Â In addition to the beaches, wide access roads, modern malls, international stores, large-screen movies, state-of-the-art hospitals and Mexicoâ€™s second busiest airport define the lifestyle in Cancun.
Playa del Carmen real estate â€“ While this town is only 45 minutes south of Cancun, and likewise offers very easy access to the airport, the atmosphere of Playa del Carmen is quite different.Â This goes back to the history of the town.Â It existed for a few decades before the creation of Cancun as an isolated and virtually unknown fishing village.Â As Cancun grew, and tourists began to head out to see the ruins in Tulum and the excellent diving off the island of Cozumel, both brought visitors directly past or through this quaint village. Â Shops, hotels and restaurants began to spring up along Fifth Avenue (the main downtown road) and expats began to take interest in town.Â This kind of growth created a small-town atmosphere that remains to this day, even though the town has grown considerably.Â Also, a large number of Italian expats and investors have given the downtown area a distinctly European atmosphere.
Costa Maya real estate â€“ While the area between Cancun and Tulum has all now been touched by the want international tourism, at the south of the Mexican Caribbean is a stretch of beachfront towns separated from the rest by a huge nature reserve park.Â This area, known as Costa Maya, sees constant cruise-ship tourism, but is still relatively quiet.Â Prices are even lower, and the area is idea for those who would like to try something a little more â€œoff the beaten track.â€
Which is the best choice of these?Â That depends on each individual buyerâ€™s tastes and needs.
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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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