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.
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.
Real estate investing in Mexico is generally considered safe and lucrative, especially in tourist-driven locations such as Riviera Maya Mexico. Investing in vacation rental property in Mexico can be a great way to build up your knowledge and experience as an investor.
In conclusion, the reasons to invest in Playa del Carmen's real estate are compelling and multifaceted. From its booming economy and strong tourism sector to the high quality of life and favorable investment climate, Playa del Carmen offers a unique blend of opportunities for investors.
The Cancun Airport is roughly fifty-four kilometers to the center of Playa del Carmen and most vacation rentals. Once you land, there are several ways to get to your destination.
To get to Playa del Carmen, most travelers fly into Cancún International Airport (CUN), which is about 35 miles north of Playa del Carmen. To reach Playa, you can rent a car, take a bus or hop in a taxi.
One of the most popular tourist attractions in Mexico, 5th Avenue Playa del Carmen – “La Quinta Avenida” to locals – is 22 blocks of high-end retailers, bars, restaurants, local shops, cafes, and much more. Yet, this street is so much more than its retail offering, it's about the experience.
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.