Playa del Carmen, an Attractive Destination for the Residential Market

Playa del Carmen, better known as ‘The Jewel’ of the Mexican Caribbean, is a consolidated tourism, real estate and commercial market within the Riviera Maya, a growing region that nowadays is presented as a mature and diverse offer that caters to all sectors of society.

Its excellent location, 30 minutes away from the International Airport of Cancun, makes “Playa” a favorite destination for tourism and national and international investors; what is added to its offer of services such as shopping centers, clinics, hospitals and entertainment result in high levels of investment and hotel occupancy.

Within the real estate industry, it is possible to find developments aimed at all types of market, however Residential and Residential Plus / Premium housing are the projects with the highest supply and demand, mainly by foreigners. The foregoing, despite the economic situation of the country, which during the last five years had a slight decrease in sales of almost 8 percent.

According to Uno Consulting data in Playa del Carmen there are 105 construction projects, of which 18 are horizontal and the remaining 87 are vertical; which gives a total of 13 thousand 327 units addressed to all segments.

The area of ​​Playacar has been characterized as being the most sought after for plus and premium residences, as well as nearby points adjoining Fifth Avenue. Likewise, the surrounding locations such as Campestre or Av 41 Sur, are new growth areas where medium and residential projects have started.

Annie from All About Playa

Annie from All About Playa

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All About Playa

Playa del Carmen provides everything one could wish for the Caribbean location: luxury hotels with all the amenities that international travelers require. 

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