Playa del Carmen has become the most popular tourist destination in Mexico, leaving Cancun behind for the first time in history. Even though Cancun is a more popular spot, Playa del Carmen and its surrounding areas are gathering more recognition among tourists from all over the world.
Once a sleepy fishermen village, Playa del Carmen started its story as a tourist destination only as a required stop for those waiting to take the ferry to Cozumel. Playa del Carmen has had a dramatic growth in the last two decades, as it only had about 10,000 inhabitants in 1996 and now the population has grown to an estimated of 200, 000.
Playa del Carmen real estate has experienced a rapid and constant rise in the prices of property, so it is an ideal market to invest. There are many advantages to owning property in Playa del Carmen, such as: having an ideal vacation property in the Caribbean or even renting it as a vacation rental to make an extra income.
The Government has laid down the urban planning for the future decades, and it seems that it is impossible for Playa to keep growing along the coast. Why? Because the coast area is already developed with hotels, golf courses, parks and other tourist attractions; so it is not viable to build more urban areas in the zone.
According to the Urban Development Plan, Playa del Carmen is going to keep growing west and towards the jungle. The result is that getting properties close to the beach is going to be more difficult and more expensive in a matter of years, so investing now is crucial to get a property both close to the beach and for a competitive price.
Many of our customers believe that Real Estate in Playa del Carmen is going to be an unattainable dream, but there are many affordable options out there. The Real Estate Market in Playa del Carmen has a wide variety of amazing properties: from residential lots, to houses and condos… we are sure you can find something ideal for you.
Finding the right property in Playa del Carmen is easy; you just need to define a budget, browse our website and find a few properties that catch your eye, and here at Top Mexico Real Estate we’ll do the rest!
Remember… at Top Mexico Real Estate, We Make it Happen!