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The Growth of Real Estate in Playa del Carmen in the Last 10 Years

blog.by C21 Caribbean blog.datep 22/12/2021

Real estate is one of the strongest businesses in Playa del Carmen, particularly due to its growth in the past 10 years.

 

Playa del Carmen is considered one of the best cities to invest in due to its growing economy, being one of the most important tourist destinations in the country. Without a doubt, the growth of real estate in Playa del Carmen offers excellent opportunities to generate enormous return on investments.

 

The Riviera Maya has been at the forefront of economic growth in Latin America, increasing both its number of inhabitants and its tourism demand. The real estate growth in Playa del Carmen is the result of its high demand for vacation accommodation as a rental home.

 

The AMPI (Mexican Association of Real Estate Professionals), comments on the strong national and foreign investment made in this area of ​​the country; The result of all this investment is an increase in capital gains by 10%. It also details the plans that are in place for the Riviera Maya, especially in the real estate sector of Playa del Carmen: new large tourist hotels, shopping centers, and homes for all economic sectors.

 

If you are looking for an opportunity to generate higher returns with your investment, you should pay attention to pre-sale real estate developments, which are located in the main areas of this beautiful city of the Mexican Caribbean, such as Fifth Avenue.

 

Playa del Carmen is one of the areas with the highest real estate growth in the world, which in turn has increased demand, reaching up to 18% in return on investment (ROI) in the medium and long term.

 

Playa del Carmen is one of the best destinations to invest in the real estate business, as it is a tourist area with a large number of temporary visitors, permanent residents. Its economy has established itself as one of the strongest in the country, and there are more and more investment opportunities in attractive projects.

 

If you are looking for a business opportunity or a place to live, at Century 21 we have the best properties in Playa del Carmen. Why wait any longer? Contact us now and let's start planning that new real estate investment in Playa del Carmen!