The real estate market in Playa del Carmen

Just by looking at some photos, anyone can tell that the charming village of Playa del Carmen in Quintana Roo is one of the most beautiful places on earth. Situated just by the Caribbean Coast, it has become one of the must-see destinations in Mexico, not just thanks to its fascinating local culture, but also thanks to its beautiful sights. About ten years ago, not even the savviest real estate agents would have foreseen the amazing growth that this fishermen village would go through. In the past couple of years, Playa del Carmen turned from a tiny and secluded village into one of the world’s most promising destinations. As investors started to open high class restaurants and commercial centers here, Playa del Carmen gained more exposure, getting the top spot in people’s “to visit” lists. However, there’s more to this exotic destination than meets the eye, because the Playa del Carmen real estate market has made a huge contribution to the local economy. The more famous Playa del Carmen became, the more people wanted to invest in it. Some did it because they saw a profitable opportunity here, others because they just wanted to live in this corner of heaven. Designers such as Tory Burch and artists like David Guetta have gladly become residents of Playa de Carmen and it’s no wonder why, considering the benefits of the local real estate market.

The enormous touristic potential of Playa del Carmen is the first direct cause of the real estate boom. After tourists started to come here, they realized just much potential the area has and so did investors. In record time, luxury shops and restaurants were built and today, the small fishermen village is a notable commercial center that offers all the amenities that one might be looking for. The residential sector also experienced a great development and most of the houses in the region are brand new, luxurious and comfortable. Houses and villas are some of the most common properties available on the Playa del Carmen real estate markets, but you can also find condos and small apartments. If there’s one word that can describe these properties, that would be luxury. No amenity was ignored when building them: with large, specious rooms, amazing views, pools, gyms and conference centers, the homes really invite you to come in, even if it’s just for a short vacation.

 

In the future, real estate is expected to develop even more, so investors are advised to check the opportunities they have here. If the luxury of the homes hasn’t convinced you yet, then you should also know that the property prices in Playa del Carmen are considerably lower than other exotic destinations. You can get an idea about the rates by checking out specialized real estate portals or getting in touch with agents. This way, you’ll make a good long term solution and make the most out of your property.

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