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The Many Benefits of Owning Real Estate in Playa del Carmen

15 October, 2013

Anyone who has visited Playa del Carmen in recent years understands why real estate in the area is gaining international attention from individual buyers and major investment houses alike. Located less than an hour south of the Cancun International Airport on Mexico’s scenic Yucatan Peninsula,Playa – as the locals often call it – is a chic,modern beach town brimming with cafes,restaurants,boutiques and entertainment venues. 

Here,visitors enjoy an ideal blend of traditional Mexico and the latest in fashion,food and fun – not to mention close proximity to some of the most breathtaking natural beauty and mysterious ancient archaeological sites on earth. To get an idea of how amazing this entire area really is,consider that TripAdvisor’s 2013 Traveler’s Choice Awards ranks nearby Playa del Norte on scenic Isla Mujeres as one of the top 25 best beaches in the entire world. 

“Calm turquoise waters,pure white powdery sand,” writes TripAdvisor. “Water so blue,it makes the sky look pale. Best time to go? Year round.”

Yeah,that pretty much sums it up!

Playa del Carmen was also named one of the top destinations in Mexico by TripAdvisor reviewers this year,and the town drew additional praise for its ongoing status as one of the best diving destinations in the world. In the waters surrounding Playa,an intricate network of underground caverns provide endless opportunities for exploration,while vibrant sea life and the town’s close proximitiy to the world’s second largest barrier reef offer additional excitement.

Add to all of this that property values in Playa del Carmen are still hovering at a fraction of what buyers will find in the United States when looking at beachfront property in luxury communities found in cities throughout California and Florida,and it’s easy to see why more than two million retired Americans now call Mexico “home,” according to a recent report by the Mexican government.

To learn more about retiring in Playa del Carmen,click here.

Ex-pats also enjoy a greatly reduced cost of living in Mexico’s most popular beach towns,according to International Living,with couples spending as little as $2,200 per month on living expenses. And in Playa,with a population of just over 150,000 people,there is still plenty of room for growth. In fact,earlier this year HSBC – one of the world’s largest banking and financial services organizations – featured Playa del Carmen real estate and boldly stated that the time to invest is now.

Finally,it’s important to add that Playa is also one of the safest places to live – even compared to many U.S. cities. For example,According to a 2013 report by Lonely Planet,the city of Orlando,Florida,saw around 7.5 murders per 100,000 residents in recent years,which is higher than Cancun and much,much higher than Playa. According to the FBI,the list of U.S. cities with a higher murder rate per 100,000 residents also includes Atlanta,Baltimore,Buffalo,Chicago,Cincinnati,Cleveland,Detroit,Kansas City,Memphis,Miami,Newark,Oakland,Philadelphia,Pittsburgh,St. Louis,Tulsa and Washington.

“It [the Yucatan Peninsula] remains the safest region in Mexico,with far less crime than travelers are likely to encounter at home,” writes Frommer’s. “The Yucatan offers all that is best about Mexico – sublime beaches,a unique cuisine,joyous fiestas and exotic wildlife.”

Do you have a personal story or experience from visiting Playa del Carmen or the Yucatan Peninsula? Let us know about your favorite part of the trip in the comments below!

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