5 reasons to invest in a property in Playa del Carmen
February 7, 2024
This region offers a pleasant climate, opportunities to start a business or have a profitable estate, and an excellent quality of life. There is a wide range of apartments for sale, with an average price of one million 702 thousand pesos and houses from two million 191 thousand. As for rental housing, the average price is 17,826 per month, even finding lower prices, which makes it a destination for recently graduated professionals.
Its location, off the coast of the Caribbean Sea and a few hours from Cancun and Cozumel, makes it a favorite spot for investors. It is one of the most popular tourist destinations in Mexico and the head of the municipality of Solidaridad, Quintana Roo, one of the fastest growing. IIts communication routes are fast and accessible, allowing a constant flow of public and private transportation in case an emergency occurs.
Tourist activity in the Caribbean represents a great opportunity for those who decide to live in Playa del Carmen. There are endless reasons to invest and start a business in this city, from acquiring real estate for vacation rentals, to selling artisanal products, for daily use or providing services.
The second most important industry in Playa del Carmen is construction, mainly urban and hotel infrastructure. Due to the high demand for housing and eventual property rentals, real estate companies have found a reason to develop and offer: Good quality properties Well located housing developments Hotels Accessible communication routes Entertainment places In 2019 alone, state and Urban Planning authorities invested 500 million pesos in paving and public lighting works.
Buying a house on this beach is a decision that can be used for several years, due to the real estate capital gain. This concept refers to the increase in the value of a property depending on conditions such as its structural condition and location. The services that can be found nearby and the commercial developments that are established in the area also influence. Well-maintained and used properties near tourist areas will always increase in value and will be useful for different financial purposes.
Playa del Carmen is a culturally diverse city, with job opportunities in the tourism and industrial sector. This gives you the ability to offer competitive salaries and the option to develop a successful professional career without neglecting personal aspects. Houses for sale that have basic services and one to three bedrooms have an average price of one million pesos. Other types of houses with more luxurious features such as an indoor pool, gym, and large spaces are priced up to three million dollars.
Thanks.
KARINA SAYED
CEO | Broker | Owner
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