The Playa del Carmen Condos market finds a broad appeal with many Americans and Canadians who have visited this beachfront paradise, whether it's a luxury Playa del Carmen Beachfront Condo, or a more modest condo only a short walk away – a trend which has been picking up recently.
High-end condos on Playa del Carmen's beachfront are still the top choice. Living in a condo where the beachfront virtually starts at your doorstep is a luxury like no other. You can enjoy a view of the beautiful Caribbean, and on your balcony, or rooftop patio, you can feel the cool ocean breeze in the evening, refreshing you from the warmth of the day.
A few blocks back from the beachfront, condos are available which offer only close access to the beach (five minute walk at the most) and are usually close to a number of restaurants, stores, cafes, etc – especially downtown where the walk to the beach will take you past the famous Fifth Avenue. These Playa del Carmen Luxury Condos will cost less than those right on the beachfront, but will include many of the same benefits.
A trend that has been growing as an outcome of the recent recession is that many buyers are looking for a unit suitable for a smaller budget. You may ask yourself, "What can I get for under $200,000? Under $150,000?" The good news about Playa del Carmen condos is that there are good options available for these price ranges. On the north end of town, there is a development of 6 beautiful villas available in a new community called "El Cielo." It is a safe, gated community, with close access to the beachfront. After the pre-construction discount, the price is $195,000.
Another example is a beautiful, safe and well-kept-up community known as PlayaCar, just past the south end of downtown. While the homes and many condos in this area are selling for $500,000 and up, there are some options for attractive little condos for as low as $125,000. This community offers close access to downtown, and to Playa del Carmen's famous central beaches.
While Playa del Carmen most certainly offers beachfront luxury, and breath-taking views for those who have the funds available, there are also options for those looking for a condo on a budget. If your budget is more limited, take a look around in Playa del Carmen – you may be pleasantly surprised that life on the beachfront can be affordable.
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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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