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New York Times Features Riviera Maya Real Estate

17 July, 2013

Mexico’s Riviera Maya has already proven its staying power as one of the world’s premier vacation destinations,regularly attracting praise from celebs,the international media and top travel industry experts. Most recently,the New York Times covered the Riviera Maya real estate market in detail,focusing on property in Playa del Carmen and the surrounding region.

“The Riviera Maya still favors buyers,who generally pay five to 15 percent less than asking price,” writes the New York Times. “The majority of buyers are foreign,from the United States,Canada and Europe – typically Spain,Britain,Germany and Italy.”

According to the article,the influx of Canadian ex-pats buying real estate in the region has actually begun to outnumber American buyers over the last few years and there has also been a significant rise in demand since 2012 that is showing no signs of slowing down in 2013. Secondary residences,undeveloped land,luxury retirement homes and tourist rentals are currently the largest markets in the Riviera Maya – which is a 75-mile stretch of pristine coastline that stretches south of Cancun along the easternmost coast of Mexico’s Yucatán Peninsula in the state of Quintana Roo.

While visiting the Riviera Maya,it’s also important to experience the region’s distinct food and wine offerings,which have been the focus of several Fodor’s articles over the last few months. For example,authentic Mayan meals are now served at many of the area’s hotels and restaurants. Unique to this part of the world,Mayan cuisine is comprised of foods that are meant to represent the four basic elements – fire,earth,water and air. Served in multiple courses,the menus typically feature a wide variety of local ingredients,including plenty of fresh fruits and vegetables,pork,black beans and tamal prepared in clay pots.  

Mexican craft beer is also making a name for itself on the scene in the Riviera Maya,which has been hosting quite a few food and beer pairings at local eateries and pubs. The locally brewed beers are paired with a variety of different botanas,which are a form of Mexican tapas,such as scallops,duck tostadas,mole-tinged morsels and compote featuring local hot peppers.

Finally,keep in mind that Mexico’s Riviera Maya is also a mecca of sorts for wine enthusiasts,with plenty of fine dining establishments that boast impressive wine lists,along with a variety of smaller wine bars and domestic varieties that are brought in from Mexico’s various wine-producing regions.

If you'd like to see more about the Riviera Maya real estate market and browse listings,click here

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