Following up on the success of Mexico real estate in Cancun and Playa del Carmen just a little to the north, a handful of savvy investors are now turning to Tulum real estate, especially to Tulum land for sale. How do these investors know that land in Tulum is a good investment? Consider the following factors.
The Success of Cancun and Playa del Carmen
The entire stretch of the Mexican Caribbean between Cancun and Tulum can be driven in less than 2 hours. In this relatively short stretch, two of Mexico’s (and even Latin America’s) greatest tourism and real estate success stories have already transformed the area into the most important in setting standards for this part of the world.
Besides the “domino effect” (this time a good one!) that suggests this success will ripple down to Tulum relatively easily, this also means that those who buy in Tulum now – before it’s boom is too far underway – will enjoy an excellent level of modern services a reasonable drive away. This gives buyers confidence in the early stages of development – a good sign for land investment.
The Upcoming Airport
To accelerate the process of bringing the same success to Tulum, an international airport is in the planning stages. Although this airport has hit a few obstacles, it is considered as a fact, heavily supported by the federal government, that it will come into existence in the near future.
With the arrival of the airport, more tourism will arrive to Tulum, investment in services and activities will increase sharply and there will be more exposure for the real estate market. Land investors will probably do well to invest in land before the construction of the airport; other investors will be more likely to jump on this location when they see the land being cleared and construction begin.
Protection of the Tulum National Park
This development took place in mid-2011, when the Supreme Court of Mexico declared that development would not be permitted in the Tulum National Park without federal approval for zoning changes and specific development styles. While some buyers approached this situation with hesitation, the market of land for sale around the park will certainly benefit; the ruling makes it very unlikely that any significant construction will take place within the park, increasing the value of properties surrounding it.
All of this is taking place within the context of careful growth planning and a heavy emphasis on sustainability and preservation of nature, giving Tulum a unique appeal that will be advantageous for land values.
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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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