Playa del Carmen Real Estate Market is Changing with the New Municipality Boundaries

The Playa del Carmen real estate market is constantly adjusting and being affected by various factors from the region.  Some of these factors, as touched upon by the Playa del Carmen real estate board president, Wilberth Gutierrez, are discussed in a short interview with Thomas Lloyd, president of TOP Mexico Real Estate.

a)    With the Tulum municipality being formed last year, the new boundaries of the Playa del Carmen municipality have been reduced by nearly 40%.   The new boundaries begin in the village of Akumal.  This new reduced region for Playa del Carmen, has created the need for the city officials to redefine their strategies for the growth of the community.  Whereas before, growth was along the coastline, today, the growth is projected towards a westward direction or a bulging away from the coastline.
Therefore the city is now inviting and promoting the expansion from investors into the region who come from the industries such as universities, hospitals and health care sectors, entertainment and service suppliers.  All of which will bring a richer and complete range of activities for those who live in Playa del Carmen year round.

b)     The construction of the over pass bridges are advancing quickly.  We expect by the end of summer to have most of the construction completed and functioning which will bring an increased value and quality to the living conditions of the residents in Playa del Carmen.  People who are travelling from the north end to the south end will, or from one extreme to the other will be able to reduce their travel time by approximately 40% by using these new over passes.

c)     Finally the city Police and security department are working to continue supplying  their services to the rapidly growing city.  They are introducing a project where several command centers will be established in various points of the city.  This will drastically increase the response time to city emergencies by having the dispatch centers strategically located in key areas throughout the municipality.

Each of these projects plays positively on the Playa del Carmen real estate market by increasing the quality of life of the residents and out of town tourists visiting the area.

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

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