The real estate sector is the best option for investment in Playa del Carmen (El futuro de las inversions en Playa del Carmen,Simca). Moreover, condos in Playa del carmen make up 79,3% of sales in the real estate sector (Ekasa Real Estate Developments, Kaua). It attracts investors due to its amenities and intermediate status, between a studio and a penthouse. But which area to choose to buy your condo? In Playa del Carmen, there is no bad location, but you can find unique and great locations. Here will go through the 4 best areas to choose from.

Centro

The heart of the city is the most touristic area of Playa del Carmen. Here you will find hotels, restaurants, bars, and shops. Located along the seashore, even the most far away in the area is at a 15min walk from the beach. This area is best to invest in a vacation rental or business. You can take advantage of the 5e avenues crossing by, where the return on investment can be up to 14% (AMPI). In term of price, in downtown, the price of condos start from 105,000 USD.

Zazil-Ha

After the center, Zazil-Ha is the next great area to invest in. Close to the downtown, this area is under development but some projects are finished. Zazil-Ha is a great area to invest in a vacation rental. Right beside the center and very close to the city nightlife (Clubs, bars,…), the condos in zazil-ha offer all the amenities requires and a more premium experience for the residents. Condos buy-in Zazil-Ha are gaining value, from 80,000USD in pre-sales, to 138,000USD now. You can buy a condo here from 125,000USD in the area, and 138,000USD if you are getting close to the sea.

Colonia Colosio

Located between Zazil-ha and Nicte-ha, Colosio is a calmer area but still very close to the center. Here you can find shops, restaurants, squares, and other entertainment, you are also close to beautiful public beaches, such as Punta Esmeralda. This area is interesting for investors since it has one of the biggest capital gains in the city. The price to buy a condo in this area start at 107,000USD.

Pedregal

Behind Gonzalo Guerrero and Zazil-Ha, Pedregal is an area on the other side of the federal road. It is an area crossed by important roads (Calle 38, The federal road, CTM), close to Plaza las Americas, a big center. Pedregal is a good choice for future investment. Indeed, thanks to its great location, the area has several buildings and condominium projects. Pedregal will be a good opportunity to do rental and vacation rental, due to its proximity to downtown. The price in this area starts at 120000USD.

Forjadores

Located in the Ejidal Zone, Forjadores is a ground-up neighborhood. It is a newly developed area, not complete. You can find land for sale, condos in pre-sale, new condominiums (Starlight Tower, Waveliving Playa), and residential. The advantages of this area are multiple. First, it is a good place, very close to downtown and the mall Centro Maya. And second you can buy a condo with a bigger space, and for a better price. With those features, Forjadores is the area where long-term rental is common. Here, you can buy a condo for 85,000USD, the price can go up to 225,000USD.

Playa del Carmen is a city that offers diversity in terms of opportunities. Whether this is to invest, start a business, or rental, Playa del Carmen is THE place that offers many possibilities to fulfill your project.

Are you interested in buying a condo? What is your project? Which area interests you the most? Are you planning to invest in Playa del Carmen? Comment below!