Until you know a real estate market well, it’s hard to know what you can expect from a property you buy, and what you really can’t expect in the area. The following is a brief overview of Tulum real estate, and some points you can and can’t expect in the market.
You can’t expect direct beachfront property – Tulum has been focusing development back from the beach, reserving the beachfront for protected areas and large-scale projects. Currently, it is uncertain how soon (or if) direct beachfront property will become available. Most people feel this is a good thing, since it preserves the beaches and the adjacent nature. On the other hand, you need to be careful if someone tries to sell you beachfront property in Tulum. (Note: this is only true for the town of Tulum itself.)
You can expect a condo or lot within walking distance – It is worth noting, however, that you can expect to find nice condos and lots within walking distance of the beach, or at least a bike ride away. This is the kind of culture developing in Tulum, emphasizing lots of nature and an active, healthy lifestyle that comes in close contact with this same nature.
You can’t expect a big city – Tulum is a small town, which is part of what attracts many of the buyers. But the other side of the coin is that you won’t get big shopping malls, movie theaters, loads of supermarkets to choose from and all the latest goods and items you’re used to from back home. The good thing is that all of this is with an hour or two away (Playa del Carmen or Cancun respectively.)
You can expect basic services and a small-town lifestyle – Tulum has its quaint town center, 2 supermarkets and some nice restaurants. Properties have electricity, municipal water, phone and internet service. Roads are well-kept up. Some communities are also developing more local village center area adding to the quaint, small-town atmosphere, instead of detracting from it with growth.
You can expect low prices and good investment value – In Tulum, prices are still low. With growing tourism and other excellent indications that it’s “next in line” after Cancun and Playa del Carmen, you can hope for a good degree of investment potential on property you buy here.
Before making your final decision about the real estate you want in Tulum, be sure to talk with your agent about any expectations you may have to determine when and to what degree they may materialize.
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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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