I get asked all the time why I live in Playa del Carmen… As a matter of fact, I just got asked that exact question by a guy I met on 5th Av 15 minutes ago.
It’s always a variation on the same question – “Why did you move to Playa?” or “Why would you want to live here?” or “Why did you leave the United States?” or my favorite “How did you end up here?”
Let me be really clear about this… it was by choice, not by chance that I “ended up” in Playa del Carmen.
Playa Lifestyle… the food
If you haven’t been here, it’s hard to describe… there is an energy here that draws people. It’s a healing energy, a youthful, cleansing, rejuvenating energy that refreshes the mind, body and spirit.
Of course there is more to Playa than just the energy. It is a foodies dream here – the number of places to eat is astounding and there are cuisines from every corner of the globe.
My personal preference is to explore the local eateries and find the little Mom and Pop, hole in the wall joints. 5th Avenue has some truly unique restaurants but for me, the adventure is in really getting in touch with the local culture and people.
Plus, the food at these little places is generally nothing short of amazing. Nothing can beat the array of flavors and taste sensations that you experience when eating locally.
Playa life… day to day
Obviously, it’s not just the food… day to day life in Playa del Carmen is much slower paced than what I had become accustomed to in Las Vegas. It’s the Caribbean after all and locals feel that life should be enjoyed, not rushed and hectic. it can take some getting used to but when you finally settle in, you will wonder how you ever got caught up in the rat race and stopped actually living (and enjoying) your life.
Just walking the beach gives you a sense of relaxation that can’t be found anywhere else but in the Caribbean. The white sands and turquoise waters are picturesque and simply dipping your toes in the clear blue water will wash away any stresses and anxieties from day to day life.
If you are looking for things to do that are a little more active, just take your pic. Playa has some world class diving and snorkeling, plus all the other water sports such as para sailing, kite boarding, jet skiing, boogie boarding, paddle boarding and there is even great surfing not too far away. Cenotes abound in the region and offer a very unique experience that can’t really be obtained anywhere else on the globe.
Playa del Carmen… opportunity
Right now, Playa is the epicenter of the Riviera Maya. The perfect storm is brewing – a storm that is creating financial opportunities here that are truly once in a lifetime. Every once in a long while, the universe aligns and things come together and converge to create a window of opportunity for those that are prepared.
In the case of Playa del Carmen, those factors include undervalued beachfront real estate, the second highest occupancy rates for hotels in the entire world, record population growth, perfect weather, overwhelming popularity and international appeal, and the accidental synchronization of several major developments – including a high speed rail connecting Cancun to Playa, to Tulum, To Merida and back to Cancun.
Investors are flocking to the area from every corner of the globe… Asia, the United States, Europe and South America. And for the first time ever, institutional money is being invested in Playa del Carmen. Hedge funds, multi national corporations and other very high level power players are all starting to pour money into the area.
Thor Urbana Capital just broke ground on a huge $500 million project in the center of 5th Av. The high speed rail has been approved and is moving forward. A mammoth $1.6 billion development is breaking ground at the north edge of Playa del Carmen. Population is expected to double in the next decade.
What does this mean to you? Right now, you have the golden opportunity to get in before all the huge development hits. What do you think is going to happen to property values as more and more people move here and more and more jobs are created? What do you think is going to happen to the already extraordinary rental occupancy rates?
It is already happening – but it’s not too late to cash in.
Why I chose Playa del Carmen
And that, my friends, is the main reason that I have chosen Playa del Carmen. Summed up in one word?
I’ve seen it happen before. I was in real estate in Las Vegas prior to the boom. I saw fortunes made and lives changed overnight. I saw savvy investors get ahead of the curve and literally ride the wave of opportunity to incredible heights. I also saw people stand on the sidelines and get passed by. Fortunately, I was able to cash in on the massive expansion. Did I make mistakes? Of course, but experience is the greatest teacher.
And one of the lessons I learned was to read the signs. To see where the market is headed and to ride the wave. Bear in mind that Playa is much different than Vegas – there are no loans here and certainly no sub-prime BS to worry about creating an artificial bubble.
This is real.
If you have doubts about what I’m saying, that’s understandable. But you may want to give some thought to what one of the world’s leading economists has to say…. Jim O’Neill, the former Chairman of Goldman Sachs’s Division of Asset Management, has said that Mexico is hands down the best country to invest in for the next 10 years. Along with Indonesia, Nigeria and Turkey, Mexico makes up what he termed The MINT. He predicted the economic expansion of Brazil, Russia, India and China over the last decade, so his credibility is unquestioned.
Playa del Carmen – what next?
The only thing that should be on your mind is “how is the best way for me to take advantage of this perfect storm?”
If real estate is your chosen investment vehicle, than the next step is to find someone on the ground who can help you navigate the waters of foreign real estate investment.
We at American Realty have been helping foreigners acquire property safely and profitably since 2005. We know the ins and outs of Mexican real estate as it relates to foreign investment better than anyone in town. We have the right team in place and we are in the game ourselves so this isn’t hypothetical on our parts.
We are in the trenches with you and together we can assure that this opportunity does not pass you by.
We can guide you and help you secure your piece of paradise and eliminate many of the pitfalls that you might otherwise encounter.
Google us. Do your research.
There is a reason that you will not find anything negative – we do our job and protect our clients.
This is our passion.
I chose Playa del Carmen specifically based on my research and my love of the area. So can you.
Look forward to hearing from you!