In the 1970â€™s, Playa del Carmen was an undiscovered quaint little fishing village. The townâ€™s people were mostly made up of Mayan descent and provided a living for their families from the Caribbean Seaâ€™s bounty. This sleepy little community would soon be awoken for many told reasons. With the Great Mayan Reef stretching between Playa del Carmen and Cozumelâ€™s shores and Cancun blossoming into a popular international destination, people started to discover the areaâ€™s rich landscape and attractive climate. By the 1990â€™s with its beautiful white sand beaches, Caribbean fed water and rich culture, Playa del Carmen became one of the fastest growing cities in Mexico. The state of Quintana Roo would change forever.
Playa del Carmen â€“ also known as Playa, has become a favorable spot for retirees. This is because there are plenty of affordable neighborhoods in Playa to settle in. Here is where people are looking for second homes and/or vacation condos. Since Playa del Carmen is still considered a small town, it makes for an ideal location to come and relax and forget about everything. Playa is situated along the coast, making it within walking distance or a short taxi ride to the beaches.
You can see how close the beach is from the different neighborhoods:
Playa is divided into several smaller neighborhoods, and many of these offer plenty of opportunities to people wanting to buy on a budget. One of these communities is Valle Bambu. This newly designed gated community has lots of family friendly amenities. The accented landscape offers beautiful green common areas which include community pools and BBQ areas. Valle Bambu is located close to Playaâ€™s downtown area and is approximately two miles from the beach. Homes start at $157,000 USD and that makes it very affordable for one of Playa del Carmenâ€™s newest developments.
Another up and coming neighborhood that is very affordable in Playa is Ejido â€“ there is a north & south district. This area is very popular with retirees and expats alike for its affordability. With a close proximity to Playaâ€™s Centro north & south area and the Tulum highway access, this makes it an ideal location for people who like to walk or ride their bike everywhere they go. Shopping is just minutes away, as well as some of Playa del Carmenâ€™s highly recommended restaurants and bars make it an area to highly consider. You can feel the Caribbean Sea breeze gently blowing towards Ejido. The beaches are less than a mile away just waiting for you to come relax and enjoy. You can find properties here for as little as $61,000 USD. Donâ€™t hesitate if you are thinking about retiring to Playa del Carmen, at that price they wonâ€™t last long!
Punta Estrella is a newer community northeast of Playa del Carmenâ€™s downtown area. With this developing neighborhood comes newer shopping centers and plazas filled with the latest stores. It also hosts a variety of eateries and bars & grills that will surely delight anyoneâ€™s tastes. Punta Estrella has easy access to the highway and main roads leading into Playaâ€™s downtown, and itâ€™s located only 2.2 miles away from the popular Coco Beach. Homes and condos start at $48,000 USD, making of this a very affordable option.
There are many other communities and neighborhoods scattered throughout Playa del Carmen, but to mention them all would be virtually impossible. Pricing can be from one level of affordability to the other. There are exclusive communities and elaborate homes with all the amenities. But you know what all of them have in common? They are all very close to beautiful beaches, the world famous 5th Avenue, and all of what Playa del Carmen and its surrounding towns have to offer. When looking at affordable homes in Playa del Carmen and considering the low cost of living here, it can become a reality very easily.
I would highly suggest that you contact your buyerâ€™s representative immediately and get started looking for your ideal place in the sun and fun.