When we consider the lifestyle offered by Cancun real estate, Playa del Carmen real estate in Mexico and Yucatan real estate in Merida, there are some definite similarities (based in the shared climate region) but there are also some real differences arising from the style and history of each place. Here, we will consider these similarities and differences.
All three locations are on the Yucatan Peninsula, not that far from each other. The three locations are probably the most popular real estate and tourism options on the Peninsula. All three offer warm climate, a splendid natural setting, and access to beaches (Merida is 30 minutes from the beach, while both Cancun and Playa del Carmen are directly on the beachfront.) The region offers natural features such as the “cenotes” which are natural, fresh water pools at the mouths of the area’s underground cave and water network.
All three offer close access to Mayan ruins and excellent places to find out more about this ancient civilization. Real estate buyers in any of the three communities can enjoy easy access to the many wonders of the peninsula, and never worry about winters again.
The main differences arise from the history of how each area formed and emerged as a real estate market for expat buyers. Here we will consider them in order of their appearance on the “international scene.”
Cancun – Cancun was created from scratch just over 40 years ago. Real estate is defined by high-rise condos on the beach and modern homes. The lifestyle is defined by the modern and the convenient – wide main roads, malls, large-screen movies, state-of-the-art hospitals and international restaurants and stores.
Merida – Merida is almost 500 years old. Many expats buy old colonial homes (either to repair or already restored), enjoy walking to local markets, drinking coffee in sidewalk cafes, listening to mariachis on the streets, and, in general, living a lifestyle that feels like the past. At the same time, many modern services are available in the outskirts of the city.
Playa del Carmen – Playa del Carmen followed on Cancun’s success, but with a different angle. The city grew around a small town which took on a distinctly European flavor from a large number of Italian investors and expats. Low-rise buildings and a walk-everywhere lifestyle define the heart of Playa del Carmen real estate.
These are just the three most popular options on the Yucatan Peninsula; the bottom line is that the Peninsula has something for everyone, as long as they love warm weather!
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