Key points: Owning property in Playa del Carmen involves a few key steps. First, choose the right property and work with a knowledgeable real estate agent. As a foreigner, you can own property through a fideicomiso (bank trust) or a Mexican corporation.
When you buy real estate in Playa del Carmen you are making one of the best investments. Luxury condos in Playa del Carmen beat the stock market, with an 8-13% return on investment. The stock market's average is 5.43% per year.
Playa del Carmen is one of the touristic destinations with the biggest growth in the country, attracting more tourists every year, which induced it to also become one of the most expensive options to travel to.
Is Playa del Carmen worth visiting? If you're thinking of making a trip to the Riviera Maya, Playa del Carmen is a must-see destination for many reasons. Firstly, the whole city is very walkable and has some of the nicest beaches and cenotes in the entire region.
Affordable: Compared to other destinations in Mexico like Cancun, Playa del Carmen is relatively affordable. You can find plenty of budget-friendly accommodations, restaurants, and activities that won't break the bank.
Playa del Carmen is one of the touristic destinations with the biggest growth in the country, attracting more tourists every year, which induced it to also become one of the most expensive options to travel to.
Key points: Owning property in Playa del Carmen involves a few key steps. First, choose the right property and work with a knowledgeable real estate agent. As a foreigner, you can own property through a fideicomiso (bank trust) or a Mexican corporation.
A US citizen can own a condo in Mexico. When you find it, sign an offer and make sure the contract is written in your favor. Get two copies of your passport and two copies of your FM3 or FM2 (tourist visa) stamped at the border before entering Mexico if coming from the US.
Playa del Carmen's Quinta Avenida is a lively and exciting destination that you should not miss during your visit to the Riviera Maya. Recognised as the epicentre of the nightlife in Playa del Carmen, this pedestrian street offers a unique blend of culture, gastronomy and entertainment.