105,000 USD - Apartment for Sale
Park Lane Tulum$ 105.000 USD /Desde Desarrollos en Construcción in Pre Venta…More Details
Park Lane Tulum$ 105.000 USD /Desde Desarrollos en Construcción in Pre Venta…More Details
Beautiful apartment for sale in playacar fase 2. the apartment is situated…More Details
Cuenta con un baño y un espacio en el que se encuentra…More Details
THE HIGHLINE TULUM Preventa desde *$125,000 USD hasta $400,000 usd 2 Recámaras…More Details
THE GALLERY CONDOS PLAYA DEL CARMEN PROPIEDADES DESDE 127,400 USD Entrega Agosto…More Details
ZULIM CONDOS DESDE $130,900 usd hasta $184,800 usd Entrega Septiembre 2017 19…More Details
TheShore se ubica Av. CTM esquina 1era NTE Col. Zazil Ha. Su…More Details
Zulim 34 – Condominio en Preventa Playa del Carmen$ 139,000 usd Desarrollos…More Details
En Venta Terreno en Fraccionamiento Playacar Fase II CONDOMINIO CLUB REAL …More Details
Saasil, Tulum is the best choice. Located “La Veleta”, with facilities of…More Details
The City, es un increíble y novedoso desarrollo ubicado en el corazón…More Details
INFORMACION Unidad Total: 60 mt2 / Interior: 52 mt2 / Exterior: 8…More Details
It Hotel & Residences en Venta en Playa del Carmen Precios desde…More Details
Welcome to Lakshmi. An intimate residential community located in prestigious Aldea Zama,…More Details
Agua de Mar en Tulum Agua de Mar located within the new "Aldea…More Details
Ubicación: Puerto Aventuras, Municipio de Solidaridad Superficie de la propiedad/unidad: 180 mt2…More Details
PRECIO $279,000 USD SUPERFICIE 110MT2 CARACTERISTICAS 2 Recámaras 2 baños sala Comedor…More Details
Último y más reciente desarrollo de la 4º fase de Puerto Aventuras…More Details
Where is Apartment Casa Tulum in Villas Eses and what does it…More Details
If you are looking for a Playa del Carmen Real Estate you should first get information about this fast growing town. Playa del Carmen is a beach destination, located in the state of Quintana Roo, Mexico. It is 55 Kilometers away from the city of Cancun – around 45 minutes by car. The best option to get there is by flying to Cancun International Airport and then driving along the Tulum highway. Another very convenient option to get there is by bus. ADO is a company that has several options and the bus can be taken directly from Cancun Airport or from downtown Cancun. Its central location makes it perfect to visit other destinations such as Tulum and Cozumel Island.
During the last decade, Playa del Carmen has experienced significant development. Although it has a long history, its current municipality named “Solidaridad” was founded only on 1993 and had 10,000 inhabitants. The Real Estate in Playa del Carmen was barely nonexistent, as few houses were built by the first inhabitants and only 100 hotel rooms were available. This is a very interesting fact, considering that now the population is over 200,000 people, there are more than 50,000 hotel rooms (and growing). There’s no wonder why Playa del Carmen Real Estate is a great opportunity to invest nowadays.
But what is so attractive about Playa del Carmen? What is causing this boom on Playa del Carmen Rea Estate? Its inhabitants most often name the size and atmosphere as main attributes. Unlike Cancun it is still possible to buy or rent a property a couple of blocks away from the beach, which is not dominated by big resorts. The mood is very relaxed; you can head to a Beach Club like super famous Mamita’s or you can toss your towel and just lie down on the turquoise clean beach. Another important detail is that people can walk everywhere or move around with their bicycle. There’s a reason why the pedestrian street Quinta Avenida (yes, Fifth Avenue) is the point of reference for both tourists and locals alike. Also, it is important to mention that the beach and its surroundings are very safe.
Its prosperity has attracted people from all over Mexico, mainly from the southern states and Mexico City as well as the rest of the world, particularly Italians and Argentinians. The Instituto Nacional de Migración of Mexico (National Institute of Migration) states that 12% of the population in Playa del Carmen is of foreign origin. Mostly aged between 20 to 40 years old, solo travelers, young couples and families and with the unique blend of cultures and the Caribbean setting, Playa del Carmen has positioned itself as the trendiest place to live.
Per the Association of Real Estate Developers in México (ADI), Playa del Carmen ranks #3 among the best cities to buy a property. This grade is based on several factors such as economic growth, cost of the land, construction costs, security and interest rates among others. According to AMII, the Association of Mexican Real Estate Industry, 40 new projects were constructed on the inner downtown area of Playa del Carmen during 2015. In other words, the Real Estate industry in Playa del Carmen saw an astonishing growth of 40% on 2015 and the forecast suggests that 2016 will have a similar behavior, with the strongest emphasis on residential projects.
This boom in construction has several purposes. There’s an increasing demand for residential condos on the north side of the highways. Mostly family oriented, these Playa del Carmen Real Estate projects like Los Olivos, Selvanova and Real Ibiza offer apartments of one, two and sometimes three bedrooms, equipped kitchen and a common area with gardens and a pool. These condos are about 10-minute drive away from the beach but close to malls like Plaza las Americas, supermarkets like Wal-Mart and several schools.
The increasing demand of young people who moved from all over Mexico and other parts of the world to Playa del Carmen to find a job caused a shift on the construction style in the neighborhoods close to Quinta Avenida. Many adapted old houses into Studio Apartments and new buildings on neighborhoods like Zazil Ha, Gonzalo Guerrero and Colosio are being erected to meet the never-ending demand for affordable equipped spaces.
Furthermore, luxury apartments are also part of the construction boom. Residences like The Fives and several new constructions on famous Playacar like AKAB will impress those interested in investing on Playa del Carmen Real Estate properties. All the apartments have spacious bedrooms, equipped kitchen, pools, gardens and sometimes access to beach clubs.
At this point is worth mentioning the options to rent in Playa del Carmen:
It is a dream for many to own a house next to paradise but taking that big step should be considered deeply. The portal “Metros Cubicos” has recommendations on what needs to be considered before investing on Real Estate in Playa del Carmen or other locations:
These are the red flags that indicate that you are NOT ready to buy:
If buying is not an option yet, look on the bright side and consider the advantages of renting:
One of the most common concerns when buying a property anywhere is its profitability and sustainability. The good news is that Playa del Carmen has a very stable market. Its known that the state of Quintana Roo has experienced fluctuations on the housing prices but according to statistics, the overall results are more than favorable for Playa del Carmen: during the last years, Playa del Carmen has seen an investment of 2,500 million dollars in construction. Several commercial corridors have been put in place and malls and supermarkets increased the quality of living.
A riskier investment is to buy a lot and construct on it. It has proven to be a very good investment as well but the years to see a result depend very much on the location. As mentioned before, Playa del Carmen is growing rapidly, but that doesn’t mean that gentrification will reach all the surrounding areas soon and even though there’s significant expertise on the region when it comes to construction, it might be difficult to get all necessary permissions from the government and the language barrier might be an issue to communicate. In this case, it’s advisable to reach out to an expert.
It might seem tempting to navigate the web and find cheap good deals to buy a property but it’s always the best to look at the certifications and permissions of the person who is offering a property. Be aware that there are special regulations in Mexico and there are “restricted areas” that prevent foreigners from owning a land.
Until recent years, the only possible way to own a Restricted Area property was through a Fideicomiso. It sounds menacing, but it simply a commercial contract governed by the Mexican Law. In the case of acquiring a Fideicomiso, like in a Bank Trust, there are three parties that should be considered:
On 2015, the Mexican Senate made an amendment to the Article 27 of the Mexican Constitution. With these changes, foreigners are now capable of purchasing a land without a bank trust or fideicomiso on the so called “restricted area” that is the coastline 50 km inwards and on the Mexican borders 100 km from the border line inwards. That was 45% of the Mexican territory.