Over the last two decades, the Mayan Riviera has developed its area and become a major destination of tourism. In Playa del Carmen, the real estate market is still evolving, giving interesting options of investment, like a vacation rental. One of the many ways to invest is through vacation rental, it’s a common project. Here we will go through the major reason you should invest in a vacation rental property here in Playa del Carmen.

Fastest growing value

The real estate of Playa has gained in the recent decade a major growth. Playa del Carmen is the fastest growing city in the world with Dubai, starting from being a small village, close from Cozumel, to one of the key destinations in Mexico tourism, a large city that is every year expanding more and more. The real estate market has grown more than 35% during the last 5 years (Ekasa Real Estate Developments, Kaua). The investment in this place has been beneficial for all parties involved since recently, Playa became one of the cities with the best capital gain in Latin America. The real estate market in Playa del Carmen doesn’t seem to have reached its peak, specialists predict that investment by Mexican or foreign will be at 600 million dollars over the 5 next years (Ekasa Real Estate Developments, Kaua). 

A city with an attractive Real estate

With the growth of real estate, comes advantages. Playa del Carmen is the city, with Tulum, that offers the best capital gain in the Mayan Riviera. With an investment in Playa del Carmen, in the long term, the Capital gain can be at best around 30%, according to specialists in 2019 (Ekasa Real Estate Developments, Kaua). Additionally, Playa del Carmen has recorded an interesting return on investment. The areas with the highest demand can reach up to 18% in the long term (Financial Times). Overall, the return on investment in the medium and long term is between 8% and 13% annually (AMPI). Thanks to the growth, the low cost of living of the city, and the low tax of habitation, Playa del Carmen real estate proves to be an interesting choice for investment. 

All year round tourism

Playa del Carmen is the place where tourism has grown significantly these past years. Multiple characteristics have made Playa the perfect place for vacation. Along the sea, the city is, for most of the year, under great weather conditions. In this city, everything is close and all types of lifestyles co-exist. Whenever it’s nightlife (bar, club,…), relaxing environment (beaches, nature,…), or cultural attraction (Chichen Itza, Xcaret, the ruins of Tulum). Playa del Carmen is the perfect balance between a small town (local food, traditional structures,…) and a big city with large cities’ infrastructures (malls, hotels,…). Playa del Carmen is a good combination of location, accessibility, and infrastructure. The city is placed at the center of the Mayan Riviera, close to all the other major touristic cities of Mexico (Cozumel, Tulum, Cancun, Puerto Aventura), at one hour from the international airport of Cancun, the second biggest airport of Mexico. With those advantages, the city is generating great income through the tourism industry. Over the years, the rate of Occupancy has been between 80%-90% all years round, showing the success of this destination. 

Playa del Carmen is the perfect choice for an investor to generate high income through the tourism industry. Thanks to its growing economy, visitors, development, and location, Playa del Carmen is undoubtedly a smart choice to start a vacation rental business.

Are you searching for an investment to make? Are you interested in real estate? vacation rental? Would you consider Playa del Carmen? Do you want to invest in Playa del Carmen real estate? Comment below!