While there’s little doubt about the benefits of buying and owning property in Playa del Carmen in general, the benefits of Playa del Carmen land specifically has some benefits which may not be obvious at a first glance. Prices are certainly higher than the used to be, but the fast growth of the community, the thriving tourism industry, and a new emphasis on opening new development areas continue to make a land purchase an excellent option.
There’s no doubt about it; 20 years ago land in Playa del Carmen was at the cheap end of things. Now, while there are still some relatively affordable options available (starting around $80,000 USD), prices have risen considerably. But there’s a very good reason for this. Buyers have realized that Playa del Carmen is a market which offers good appreciation, excellent business opportunities, and ideal places to build their dream home, at a lower cost than a completed home would cost.
Several factors have contributed to this. One is the tourism. Tourism has grown considerably over the past decade, and has brought with it large amounts of investment, services and infrastructure. It also means that those who build for resale will have a large market available, and their investment will be supported by a large number of services and conveniences. Those who build their own home to live will enjoy the same.
Because of the thriving tourism and the growing investment, Playa del Carmen has become one of the fastest growing communities in Latin America. To support this growth and to diversify the development, the municipality has decided to emphasize bringing a new variety in investment to the “other side” of the highway – i.e. the non beach side.
This new angle shows that land does not have to be on the beach side of the highway to be a profitable investment or a convenient future dwelling. With the new investment, that side of the highway will see a growing number of services, conveniences and high-quality real estate developments appear. Also, because of Playa del Carmen’s layout, even the furthest developments right now aren’t much more than 10 minute drive to the beach!
If you’ve been considering Mexico real estate, consider Playa del Carmen land as a real option. If you have the right agent to help you find the right property, it will be worth every dollar you pay for it, and more.
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. In the summer of 2009, he received the first federally applied Mexico Real Estate Degree and Mexico Professional Real Estate License S.E.P. #5978657. He is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546 or through the company’s web site www.TOPmexicorealestate.com NETWORK
“Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!â€
Want more Articles? |
Want to see Real Estate? |
Want to learn more? |