Playa del Carmen & Tulum: Top 2 Cities in Mexico to Invest in Real Estate

Tulum and Playa del Carmen are on the list of the five cities in Mexico with potential to invest in real estate

Especially for people from the United States, Europe and Canada, respectively, who see these cities as an excellent option to purchase a retirement or vacation home. But they are also considered ideal as options to acquire a property, either to live or rent corporate or commercial spaces. According to a study by HEI Data, a web platform for consulting and analyzing information in real time specialized in the real estate sector, the two destinations in the Mexican Caribbean rank third and fourth in the top 5 thanks to their geographical location, growth economic, social and cultural.

According to the Mexican Association of Real Estate Professionals (Ampi), only during the first four months of 2021, this region reached an investment of more than 91 million dollars in the sector. In fact, in the last seven years Tulum has had a 900% increase in its real estate offer, since it already has more than 214 developments offered. HEI Data highlights that in projects classified as premium housing or residential, the five best Mexican areas to invest in real estate are the metropolitan area of Guadalajara in first place, as it offers high-value and added-value homes that are closer to the commercial offer,financial and cultural of the city.

They are followed by Monterrey, Tulum and Playa del Carmen, in which it is highlighted that “they are not only a paradise thanks to their beaches, but also the added value and return on investment” which are key factors in positioning these cities among the best areas for invest in a property, whether for business, vacation or retirement home.

RIVIERA MAYA – TULUM

The real estate market in this place continues to grow as it is one of the best vacation destinations in the country, therefore, for retirement or rent, Tulum is the best option to invest.
Average rental price: $20,470.00 Mexican pesos (mxn)
Average sale price: $4,362,875.00 mxn
Rate price per day: $4,200.00 mxn
Average unit size: 91.78 m2 with a downward trend
Vacation ROI: 11% – 16%
Traditional ROI: 6% – 8%
Capital gain: 10.68%

PLAYA DEL CARMEN

A house for sale in downtown Playa del Carmen, as well as in the areas close to Fifth Avenue, represents a unique opportunity to invest in a profitable business. The surplus value and price relationship allows obtaining a higher profit margin, especially those units that are in pre-sale. This converges with the high tourist demand, as well as being an excellent option for retirement.
Average rental price: $22,500.00 mxn
Average sale price: $5,270,425.90 mxn
Rate price per day: $4,600.00 mxn
Average unit size: 90.58 m2 downward trend
Vacation ROI: 11% – 15%
Traditional ROI: 5% – 7%
Capital gain: 7.47%
Source:HEI Data

Thanks

C.P. Karina Sayed