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History and The Boom
Playa del Carmen, Mexico

Fifteen years ago Playa del Carmen was a quaint fishermen's village whose only asset was the ferry dock needed to cross to the highly popular tourist destination of Cozumel. However, it wasn't long before investors with a keen eye for business saw the potential in Playa del Carmen's white sand beaches nestled between a virgin, lush green jungle and the turquoise clear waters of the Caribbean Sea.

Soon enough, people started moving into Playa del Carmen looking for a good opportunity to invest or an escape from a stressful life, or simply seeking adventure and a close encounter with nature.

aerial picture of Playa del Carmen
real estate mexico picture of Playa del Carmen's beach

During Playa del Carmen's beginnings, most of the town was a vast jungle meeting with the ocean, with no services and a few dirt roads. Only those with a eye for the future were able to see beyond that rustic surface and ventured into investing in Playa del Carmen.

For five years, Playa del Carmen kept growing at a steady pace, services were slowly installed throughout the town, a few streets were paved, and still Playa del Carmen looked like no more than a small town with a few hotels and restaurants. But around that fifth year, Playa began to pick up a momentum that would prove to be a decisive point in its growth.

Suddenly, Playa del Carmen was "discovered" in the tourist world, and people from various different countries started pouring in to get a taste of the small town with the beautiful beaches that was becoming so popular. And the investors were following close behind. All of a sudden, everybody wanted to get a piece of this paradise for their own. Sellers and buyers were in a frenzy, and inevitably, prices started to climb at breakneck speed.

As of recently, prices seem to have reached a momentary stop in Playa del Carmen seemingly unstoppable ascent. And each season, more tourists come to visit Playa del Carmen for the first time, and still more come back for a second or third vacation in the Riviera Maya, others simply stay and never leave Mexico.

aerial picture of Playa del Carmen
real estate mexico picture of Playa del Carmen's beach

So yes, Playa del Carmen is still the hot tourist spot in the Riviera Maya, and promises to continue unfurling its potentiality; however, it's now become a place where only those with a considerable capital are able to invest at all, and good opportunities are seldom to come upon. So if you see one, don't hesitate and grab it!

If you have any questions, we'll be happy to answer them for you.

© Playa Real Playa del Carmen Real Estate
Realtor representing commercial, residential, investment and Mexican beach front real estate for sale in Mexico's Mayan Riviera, Costa Maya, Riviera Maya, Playa del Carmen, Majahual, Cancun, Mahahual, Tulum, Xcalak, Mahahual, Mexican Beaches and the Yucatan. Mexican Caribbean real estate experts. www.playareal.com

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