Deanna Robinson

Playa del Carmen - A Strong Growing Investment Market

Current Real Estate Market Conditions on the Mayan Riviera.

Playa del Carmen Real Estate - Playa del Carmen, Mexico is a strong growing investment market. New businesses are coming up left and right. The Mall of America is being built on the north end of town. There is a new shopping area on the south end of town as well and a new Sorania grocery store, Price Club, and a huge Cineplex. There is also a new hospital just outside of Playacar.

All this growth is imperative to provide infrastructure and services to help support the permanent population base and allow the tourist area to develop as it needs to, to support the increased tourism.

According to Shawn Bandick with One Stop Real Estate, Playa del Carmen has seen great rental returns and increased value in real estate holdings! Many investors who bought multiple units in pre-construction are selling now. This is giving Playa del Carmen an inventory base of good value new condos and villas complete and ready to move into. There are plenty of quality new projects in the works around town and still they are selling out before they are complete. For the buyer who prefers to stand in the condo and see the view rather than buy off building plans, there are also great opportunities. Whether you prefer pre-construction opportunities or finished construction, Playa del Carmen has a lot to offer with a very exciting future. Playa del Carmen has the best of both worlds for their investors.

Current Real Estate Market Conditions on the Mayan Riviera

When asked "Does the current market have more buyers than sellers?", Gabriel A.Villarreal Guerra, a Real Estate Advisor at KulTur Enterprises says "In my humble opinion, I strongly believe that its still a buyers market in the Riviera Maya. Basic fundamental economics - supply and demand - are showing that more and new clients are taking a closer look at Playa, Puerto Aventuras, Puerto Morelos, Tulum, Majahual, and Cancun. We are experiencing exponential growth and more tourism as time goes by, therefore the market NEEDS more supply of living area. Huge investors are considering coming in the market BIG, so is the clear example with Kor Group. If we put in an equal balance clientele or potential clientele versus new Developers and new Hotels, in my opinion, it's still a buyers market: 65% Buyers Vs. 35% Developers/Hotels. At KulTur we have potential buyers coming in weekly in dozens, and our sales stats are growing on a constant rate. If you put in perspective how many new Developers or Hotels comes in the market versus Potential Buyers, Buyers are winning the race." 

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