Thinking about investing in Playa del Carmen? Learn all the reasons why this is one of the smartest decisions you will ever make. You won’t regret it!
Playa del Carmen is a magical vacation spot that has it all. From its turquoise beaches to its excellent location, more and more people decide to move to this place because of 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?
You may be interested in: Visiting Playa Del Carmen After the Coronavirus
Why invest in Playa del Carmen?
Besides representing one of the most emblematic and paradisiacal places in Mexico, and being internationally known as a top vacation destination, Playa del Carmen has much more to offer.
Every day more and more investors have set their eyes on the city because of its excellent real estate investment destination, in addition to having one of the highest urban growth rates in Latin America. These and other characteristics position it as one of the best cities in southeastern Mexico in terms of investment potential.
If you haven’t thought about investing, Select Realty Mexico presents 5 reasons why you should consider it. Read on!
Playa del Carmen: Privileged Location.
Right off the bat, we know that Playa del Carmen is located in Mexico’s Caribbean, but have you really thought about how privileged its location is compared to other places?
Just an hour from Cancun, connecting in a couple of hours with Tulum, Chichen Itza and Valladolid or 30 minutes by ferry to Cozumel Island, Playa del Carmen is a strategic point where hundreds of tourists travel every year.
Having Cancun’s international airport nearby makes the city the perfect host for all types of international meetings involving all sectors of business, which clearly benefits the investor in settling there.
The most economical real estate developments in Playa del Carmen.
In the last five years, the Mexican peso has fallen by more than half its value against the U.S. dollar. One dollar can cost approximately 20 Mexican pesos, so buying any real estate is much more affordable for buyers with stronger currencies. This translates into a return of up to 15% for investors with these currencies, a considerable advantage over domestic buyers.
Likewise, if your objective is to invest in a vacation rental property, your income will be mainly in dollars.
Increase in vacation rentals in Playa del Carmen.
Lately, there are more people interested in renting an apartment or house instead of staying in any hotel when going on vacation. This is demonstrated by the Return on Investment rate of the apartments in this entity, which, according to the Mexican Association of Real Estate Professionals, can reach 18% or more.
Don’t miss this article: Benefits Of Buying In Presale.
High Real Estate Capital Gain in Playa del Carmen.
Playa del Carmen is one of the cities with the highest capital gain in Mexico, buying a house is a decision that you can take advantage of from the first minute. This is because it has many options to generate profitability in real estate due to the large number of tourists who come every year to settle for long periods of vacation.
Buying a property in Playa del Carmen is more affordable than in other parts of the country, since the square meter of land is cheaper, which allows you to obtain a higher profit margin. The capital gain of a property goes hand in hand with the development of the area where it is located and as we mentioned before, this city is growing faster and faster.
Playa del Carmen will be the next luxury destination in Mexico!
According to statistics, Playa del Carmen will receive investments of 600 million pesos due to the preparation of the city to receive the Mayan Train. In addition to gourmet restaurants, glamour, shopping centers, galleries and the most exclusive lifestyle will soon be a reality in these beaches of the Mexican Caribbean.
Playa del Carmen is the best option for investment!
Now that you know that Playa del Carmen has it all and that’s why it tops the list of investment options, check out the list of real estate properties in Playa del Carmen we have for you! Contact us.
