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Playa del Carmen real estateis a thriving tourism-based market just south of Cancun. While some of the classic choices within this area still provide excellent options for homes and condos, there are several new areas not to be overlooked.
Some of the classic choices include the downtown condos, near the beachfront, and within walking distance to Fifth Avenue, the main shopping, dining and nightlife area, Playacar, the area’s original gated community, right next to downtown centered on a golf course, and Puerto Aventuras, about 20 minutes south of town, which is a gated golf and marina community complete with shopping, dining, activities and a number of services such as an excellent school.
While these areas continue to provide excellent options for Playa del Carmen real estate, there are also some new areas which have just begun showing their potential and promise to provide a lifestyle like these areas in the near future; since they are new, however, prices are usually more accessible. Three of the main options include:
Centro Maya Mall, specifically the new developments just behind the shopping center. While this area is back from the beach (only 10 minutes) it has very convenient access to this nice, new shopping center with 3 large stores, a movie theater and bowling. The beach and downtown are also only a short drive away. The area is directly next to the highway and the city’s new “arch” access road providing access to the second mall in about 5 minutes. The developments going in are upscale, gated with features such as pools and resort services. The trend is definitely moving towards creating an new upper-end community within Playa del Carmen, which may rival Playacar, just across the highway.
Xcalacoco Beachjust 5-10 minutes north of central Playa del Carmen. This area is currently home to 2 of Playa del Carmen’s best golf courses (there are 8 in total), one of which is host to Latin America’s first PGA event. In addition to upscale resorts, there are several condo-hotel investment options, and some new residential communities under development. While prices are still very low in the residential areas, due to the fact that they are new, everything is pointing to rising values in the very near future.
Coco Beach at the north end of Playa del Carmen’s downtown tourism district. While so far Coco beach has been considered the end of everything for tourists visiting the downtown area, the new development north of the city, as well as a number of new hotels and upscale condo developments transforming the traditionally working class areas at the north end of downtown, Coco Beach is already showing signs of becoming one of Playa del Carmen’s trendiest and hippest areas.
If you are considering Playa del Carmen real estate, talk to an experienced agent for suggestions of which are is right for you. Consider a variety of communities, both established and new.
write by Elain