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Tulum Real Estate: Is Tulum gearing up to be the next “Cancun”?

28 October, 2014

Tulum is a world away from Cancun’s bustling spring break areas and only a short trip from a number of U.S. cities,such as Houston or Miami. Located in the Riviera Maya,the beach town of Tulum is a destination that boasts Eco-friendly style,ancient history,a rainbow-colored reef,a variety of fine dining and a virtually endless array of activities.

Tulum is surrounded by a beautifully preserved jungle,pristine sandy beaches and the sea is a beautiful,crystal clear blue. Here,you will also find a number of ancient ruins,including the spectacular oceanfront Mayan temple,El Castillo. Tulum is fast becoming a hot-spot for savvy divers and snorkelers,in part because the region is home to the world’s second largest reef. A number of small marinas offer mooring spots for boating enthusiasts,while the area's countless coastal and inland lagoons make for fine sailing destinations. Golfers can take their pick from among some of the finest courses in all of Mexico,including ones designed by Robert Trent Jones II,Jack Nicklaus,and P.B. Dye. In addition,swimming enthusiasts can explore the many underground caves and clear water rivers around Tulum. 

The town of Tulum still retains its traditional character,but at a closer glance one can easily see the influence of the modern world. Today it is home to three banks,two supermarkets,five gas stations,a number of hardware stores and B&B's,while biking enthusiasts have their own path cut out to the beach,which used to be rustic but now features a variety of interesting off-grid hotels,spas and restaurants that have moved in,bringing all of the current trends in dining. Today,restaurants and cafes are serving organic veggies,gourmet Italian and Thai food,among many others. You can also treat yourself to a soothing massage,bikini boot camp,or yoga session offered by one of Tulum's many spas. 

A quick 30 minute drive up the beach from Tulum and you’ll be in Playa del Carmen,which is known for its gourmet food,film festivals,eclectic shopping and fabulous nightlife. In the 1990s,Playa was only a small fishing village,but now it has become a lucrative hot spot for tourism. In just 15 years,the prices of real estate in Playa del Carmen have reached an all-time high,with some condos situated right on the beach being listed for upwards of 500k. However,there are also tight regulations here that are designed to restrict the height and density of development,so there simply isn’t much left that’s suitable for development. This means that Playa has a limited inventory,with buyers and renters going after the same beautiful properties,which rarely stay on the market for long. 

Today,real estate prices still drop significantly if you go just a few minutes up the coast into Tulum,making now the best time to invest in property here. In addition,a new international airport is scheduled to be built in Tulum,which will only serve to increase property values throughout the entire region.

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