Thinking about investing in Playa del Carmen? Learn all the reasons why it’s one of the smartest decisions you’ll make. You won’t regret it!
Playa del Carmen is a magical vacation destination that has it all. From its turquoise beaches to its excellent location, more and more people are choosing to move to this place for the high quality of life it offers, with profitable and successful businesses. But have you ever thought of Playa del Carmen as a place to invest?
Why invest in Playa del Carmen?
In addition to being one of Mexico’s most iconic and paradisiacal places, internationally known as a top vacation destination, Playa del Carmen has much more to offer.
Every day, more investors are eyeing it for its excellent real estate investment potential, along with having one of the highest rates of urban growth in Latin America. It’s these and other characteristics that position it as one of the best cities in southeastern Mexico for investment potential.
If you haven’t considered investing, Select Realty Mexico presents 5 reasons why you should. Keep reading!
Playa del Carmen: Prime Location.
First and foremost, we know that Playa del Carmen is located in the Mexican Caribbean, but have you ever considered how privileged its location is compared to other places?
Just an hour away from Cancun, connecting within a couple of hours to Tulum, Chichen Itza, Valladolid, or a 30-minute ferry ride to Cozumel Island, Playa del Carmen is a strategic point that hundreds of tourists visit every year.
Being close to the Cancun International Airport makes the city the perfect host for all types of international business gatherings, clearly benefiting the investor by establishing there.
More Affordable Real Estate Developments in Playa del Carmen.
In the last five years, the Mexican peso has fallen to less than half its value against the US dollar. One US dollar can cost about 20 Mexican pesos, making real estate purchases much more accessible for buyers with stronger currencies. This translates to up to 15% profitability for investors with these currencies, a significant advantage over local buyers.
Also, if your goal is to invest in a property for vacation rentals, your income will mainly be in dollars.
Increasing Vacation Rentals in Playa del Carmen.
Lately, more people are interested in renting an apartment or house rather than staying in a hotel when vacationing. This is demonstrated by the Return on Investment rate of apartments in this area, which, according to the Mexican Association of Real Estate Professionals, can reach up to 18% or more.
Don’t miss this article: Benefits of Buying in Pre-Sale.
High Real Estate Appreciation in Playa del Carmen.
Playa del Carmen is one of the cities with the highest real estate appreciation in Mexico. Buying a house is a decision that can be capitalized on from the first minute. This is because it offers many options to generate profitability in real estate due to the large influx of tourists who visit for extended vacation periods.
Buying a property in Playa del Carmen is more affordable than in other parts of the country since the cost per square meter of land is lower, allowing you to achieve higher profit margins. Property appreciation goes hand in hand with the development of the area, and as mentioned earlier, this city is growing faster every day.
Playa del Carmen will be Mexico’s next luxury destination!
According to statistics, Playa del Carmen will receive investments of 600 million pesos due to the city’s preparation to receive the Mayan Train. In addition to having gourmet restaurants, glamour, shopping centers, galleries, and the most exclusive lifestyle, this will soon become a reality on the shores of the Mexican Caribbean.
Playa del Carmen is the best choice for investment!
Now that you know Playa del Carmen has it all, that’s why it tops the list of investment options. Check out the list of real estate properties in Playa del Carmen that we have for you! Contact us.
