The Riviera Maya
The Riviera Maya is one of the most visited places in the world with millions of tourists flooding its beach towns every year. It is an 80-mile stretch of Caribbean coast located in the Yucatan peninsula between Cancun and Tulum. The Riviera Maya is the ideal destination for those looking for white sand beaches, turquoise water, jungle, activities, culture and history.
The government has been investing massively in the region’s infrastructure to ensure a continued and growing number of visitors. 50 years ago, Cancun was merely a coconut plantation. Today, the Riviera Maya is one of the most visited locations in the world. Pretty much every hotel chain has a presence there and a large number of airlines fly into Cancun International airport, which keeps growing. The government is not resting on its laurels though. They are now building a high speed train through the Riviera Maya and are going to build a new airport in Tulum.
The real estate market in the Riviera Maya has been growing steadily for the past 20 years starting first with Cancun and expanding south through Playa Del Carmen and Tulum.
Cancun
Located at the Northeastern end of the Riviera Maya, Cancun is an upscale cosmopolitan city. It is divided into two sections: downtown (El Centro) and the Hotel Zone (Zona Hotelera). Downtown is very modern with high rises but it has still kept its authenticity in some of the older neighborhoods. The Hotel Zone is a long beachfront strip in between the Caribbean Sea and the Nichupté lagoon. With high-rise hotels, luxury resorts and their all-inclusive service, nightclubs, restaurants and shopping malls, the hotel zone attracts the overall majority of the tourists. This is where many students from the US and Canada go to party during the spring break.
Cancun is more of a resort town where people come to be in luxury all-inclusive resorts by the beach. Therefore, it is not our favorite place to buy an investment property. Indeed, it is practically impossible to compete against the numerous and huge all-inclusive resorts, which is where most tourists want to go anyway.
Playa Del Carmen
Playa del Carmen is located in the middle of the Riviera Maya about 50 minutes south of Cancun. Once a sleepy fishing village 30 years ago, it has turned into one of the world’s hottest vacation destinations. Development accelerated over the years, to the point that the city was the world’s fastest growing at some point. Playa del Carmen has turned into a sophisticated internationalized cosmopolitan beachside city of close to 300,000 residents with millions of visitors. It has large malls, an international dining scene, big box stores, medical centers, and more. English is spoken everywhere.
The city is a very popular destination for tourists, digital nomads, remote workers, investors and retirees alike thanks to its top-notch infrastructure. The city is family friendly with multiple theme parks around to entertain the kids. Basically, it has something to appeal to every type of visitor. People come from many different parts of the globe and at different times of the year.
Playa Del Carmen is located by the beach. You can find everything you would expect from a top beach destination. Beautiful beaches, an exciting nightlife, world-class golf courses, … The 5th avenue (Quinta Avenida) is a 5-mile long pedestrian street. It is the center of the city and is filled with luxury shops, a plethora of cafés and restaurants serving delicious food and trendy bars that are busy day and night.
If you own a modern, comfortable two-bed condo in the right location, you could generate an attractive rental income by renting your place when you are not staying at your property. You could make $40,000 or more yearly and still get plenty of time to enjoy your property if you buy close to the beach and 5th Avenue!
There is no more large piece of land available in downtown Playa Del Carmen. As a result, new construction takes place further and further from downtown, which is less short-term rental friendly. Alternatively, developers could buy older buildings and tear them down but the condos would need to have a high price tag given the very high cost of the land. All of this limits your future competition when renting or selling.
Playa del Carmen is located in the middle of the Riviera Maya about 50 minutes south of Cancun. Once a sleepy fishing village 30 years ago, it has turned into one of the world’s hottest vacation destinations. Development accelerated over the years, to the point that the city was the world’s fastest growing at some point. Playa del Carmen has turned into a sophisticated internationalized cosmopolitan beachside city of close to 300,000 residents with millions of visitors. It has large malls, an international dining scene, big box stores, medical centers, and more. English is spoken everywhere.
The city is a very popular destination for tourists, digital nomads, remote workers, investors and retirees alike thanks to its top-notch infrastructure. The city is family friendly with multiple theme parks around to entertain the kids. Basically, it has something to appeal to every type of visitor. People come from many different parts of the globe and at different times of the year.
Playa Del Carmen is located by the beach. You can find everything you would expect from a top beach destination. Beautiful beaches, an exciting nightlife, world-class golf courses, … The 5th avenue (Quinta Avenida) is a 5-mile long pedestrian street. It is the center of the city and is filled with luxury shops, a plethora of cafés and restaurants serving delicious food and trendy bars that are busy day and night.
If you own a modern, comfortable two-bed condo in the right location, you could generate an attractive rental income by renting your place when you are not staying at your property. You could make $40,000 or more yearly and still get plenty of time to enjoy your property if you buy close to the beach and 5th Avenue!
There is no more large piece of land available in downtown Playa Del Carmen. As a result, new construction takes place further and further from downtown, which is less short-term rental friendly. Alternatively, developers could buy older buildings and tear them down but the condos would need to have a high price tag given the very high cost of the land. All of this limits your future competition when renting or selling.
Tulum
Located at the Southwestern end of the Riviera Maya, Tulum used to be a backpacker and bohemian paradise of palapa restaurants and rustic cabanas on the beach until not so long ago. However, it was beautiful, with powdery white-sand beaches, the azure Caribbean waters and the fringe of palm trees. Soon enough the international jet-set, in search of the next Ibiza or Mykonos, found Tulum. Fashion designers and hipsters from New York, celebrities from Hollywood, the moneyed party crowd from all over the world, descended on Tulum. Then the masses followed.
Tulum still retains its counterculture vibe. It’s a place of yoga retreats, Maya healing rituals in the jungle and full moon dance parties. There really is something for everybody, something that caters to the different markets that come here now: young couples, groups of friends, retirees, part-time expats and snowbirds, digital nomads and the newly liberated work-from-home crowd.
In recent years, the town has become more high-end, due to wealthier travelers flocking in. As a result, prices in Tulum are more expensive than elsewhere in the Yucatan peninsula. Tulum has a boho chic vibe with eco-friendly construction in the jungle. With that bohemian trend comes holistic attention for the body. People not only come to relax on the beautiful beaches but also for yoga retreats and other enjoyments at the different spas. Despite the growth over the past years, it has somewhat kept its laid-back lazy town feel.
Tulum is a relatively small town and it is divided into three main areas: the town, the hotel zone (Zona Hotelera) by the beach and the jungle in between, which is being developed. In Tulum, there is no equivalent to Playa del Carmen’s 5th Avenue and there are not any condos or villas really close to the beach. It is about being in the jungle in the middle of Tulum while having access to both the beach and the town. If you own a modern, comfortable two-bed condo there, you could generate an attractive rental income by renting your place when you are not staying at your property. You could make $30,000 to $35,000 yearly or more and still get plenty of time to enjoy your property.
Playa del Carmen is located in the middle of the Riviera Maya about 50 minutes south of Cancun. Once a sleepy fishing village 30 years ago, it has turned into one of the world’s hottest vacation destinations. Development accelerated over the years, to the point that the city was the world’s fastest growing at some point. Playa del Carmen has turned into a sophisticated internationalized cosmopolitan beachside city of close to 300,000 residents with millions of visitors. It has large malls, an international dining scene, big box stores, medical centers, and more. English is spoken everywhere.
The city is a very popular destination for tourists, digital nomads, remote workers, investors and retirees alike thanks to its top-notch infrastructure. The city is family friendly with multiple theme parks around to entertain the kids. Basically, it has something to appeal to every type of visitor. People come from many different parts of the globe and at different times of the year.
Playa Del Carmen is located by the beach. You can find everything you would expect from a top beach destination. Beautiful beaches, an exciting nightlife, world-class golf courses, … The 5th avenue (Quinta Avenida) is a 5-mile long pedestrian street. It is the center of the city and is filled with luxury shops, a plethora of cafés and restaurants serving delicious food and trendy bars that are busy day and night.
If you own a modern, comfortable two-bed condo in the right location, you could generate an attractive rental income by renting your place when you are not staying at your property. You could make $40,000 or more yearly and still get plenty of time to enjoy your property if you buy close to the beach and 5th Avenue!
There is no more large piece of land available in downtown Playa Del Carmen. As a result, new construction takes place further and further from downtown, which is less short-term rental friendly. Alternatively, developers could buy older buildings and tear them down but the condos would need to have a high price tag given the very high cost of the land. All of this limits your future competition when renting or selling.
Cancun
Located at the Northeastern end of the Riviera Maya, Cancun is an upscale cosmopolitan city. It is divided into two sections: downtown (El Centro) and the Hotel Zone (Zona Hotelera). Downtown is very modern with high rises but it has still kept its authenticity in some of the older neighborhoods. The Hotel Zone is a long beachfront strip in between the Caribbean Sea and the Nichupté lagoon. With high-rise hotels, luxury resorts and their all-inclusive service, nightclubs, restaurants and shopping malls, the hotel zone attracts the overall majority of the tourists. This is where many students from the US and Canada go to party during the spring break.
Cancun is more of a resort town where people come to be in luxury all-inclusive resorts by the beach. Therefore, it is not our favorite place to buy an investment property. Indeed, it is practically impossible to compete against the numerous and huge all-inclusive resorts, which is where most tourists want to go anyway.
Playa Del Carmen
Playa del Carmen is located in the middle of the Riviera Maya about 50 minutes south of Cancun. Once a sleepy fishing village 30 years ago, it has turned into one of the world’s hottest vacation destinations. Development accelerated over the years, to the point that the city was the world’s fastest growing at some point. Playa del Carmen has turned into a sophisticated internationalized cosmopolitan beachside city of close to 300,000 residents with millions of visitors. It has large malls, an international dining scene, big box stores, medical centers, and more. English is spoken everywhere.
The city is a very popular destination for tourists, digital nomads, remote workers, investors and retirees alike thanks to its top-notch infrastructure. The city is family friendly with multiple theme parks around to entertain the kids. Basically, it has something to appeal to every type of visitor. People come from many different parts of the globe and at different times of the year.
Playa Del Carmen is located by the beach. You can find everything you would expect from a top beach destination. Beautiful beaches, an exciting nightlife, world-class golf courses, … The 5th avenue (Quinta Avenida) is a 5-mile long pedestrian street. It is the center of the city and is filled with luxury shops, a plethora of cafés and restaurants serving delicious food and trendy bars that are busy day and night.
If you own a modern, comfortable two-bed condo in the right location, you could generate an attractive rental income by renting your place when you are not staying at your property. You could make $40,000 or more yearly and still get plenty of time to enjoy your property if you buy close to the beach and 5th Avenue!
There is no more large piece of land available in downtown Playa Del Carmen. As a result, new construction takes place further and further from downtown, which is less short-term rental friendly. Alternatively, developers could buy older buildings and tear them down but the condos would need to have a high price tag given the very high cost of the land. All of this limits your future competition when renting or selling.
Tulum
Located at the Southwestern end of the Riviera Maya, Tulum used to be a backpacker and bohemian paradise of palapa restaurants and rustic cabanas on the beach until not so long ago. However, it was beautiful, with powdery white-sand beaches, the azure Caribbean waters and the fringe of palm trees. Soon enough the international jet-set, in search of the next Ibiza or Mykonos, found Tulum. Fashion designers and hipsters from New York, celebrities from Hollywood, the moneyed party crowd from all over the world, descended on Tulum. Then the masses followed.
Tulum still retains its counterculture vibe. It’s a place of yoga retreats, Maya healing rituals in the jungle and full moon dance parties. There really is something for everybody, something that caters to the different markets that come here now: young couples, groups of friends, retirees, part-time expats and snowbirds, digital nomads and the newly liberated work-from-home crowd.
In recent years, the town has become more high-end, due to wealthier travelers flocking in. As a result, prices in Tulum are more expensive than elsewhere in the Yucatan peninsula. Tulum has a boho chic vibe with eco-friendly construction in the jungle. With that bohemian trend comes holistic attention for the body. People not only come to relax on the beautiful beaches but also for yoga retreats and other enjoyments at the different spas. Despite the growth over the past years, it has somewhat kept its laid-back lazy town feel.
Tulum is a relatively small town and it is divided into three main areas: the town, the hotel zone (Zona Hotelera) by the beach and the jungle in between, which is being developed. In Tulum, there is no equivalent to Playa del Carmen’s 5th Avenue and there are not any condos or villas really close to the beach. It is about being in the jungle in the middle of Tulum while having access to both the beach and the town. If you own a modern, comfortable two-bed condo there, you could generate an attractive rental income by renting your place when you are not staying at your property. You could make $30,000 to $35,000 yearly or more and still get plenty of time to enjoy your property.
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We are focusing on projects in Mexico right now because most of the demand we get is from that country. We have already done some work on future projects in other Latin American countries as well as Southern Europe.
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