Both cities are a must on the Riviera Maya. Tulum is best known for its Mayan fortress overlooking the Caribbean Sea and Playa Del Carmen is best known for its festivals and nightlife.
But why choose one over the other? The choice is not easy but we will try to understand why these two cities, very different, are both so attractive.
This ultra trendy place dominates the Yucatan coast with its legendary fortress and keeps intact its charm of a small New Age village. It is one of the 111 “Pueblos Magicos”. It is one of the best places in Mexico and is recognized worldwide.
One of the most important sites in Tulum are its Mayan ruins, located on a cliff facing the Caribbean Sea; with its warm, starry nights and clear, turquoise waters, it is the only archaeological site on the seashore. It is the most photogenic site in the region and perhaps in the whole country.
Despite the strong interest in Tulum, the town retains a traditional appearance, taking care to preserve its vegetation in order to be an authentic city while offering high-standard comfort.
Investing in Tulum remains very attractive due to its growing real estate market. Indeed, the city, which attracts more than a million visitors a year, is internationally renowned for its white sandy beaches and clear, warm water. Tulum has quickly become a favourite destination for eco-chic travellers, fashionistas and discerning tourists looking for something away from the big destinations. If you buy with the intention of renting when you are not there you are guaranteed an annual return of around 8-14%. The growth in value appreciation for real estate investors in Tulum is also around 8% to 14% a year and is more than that for beachfront properties.”
In addition, the tourism market on the Riviera Maya is growing year after year. In fact, over the last decade, tourism figures have shown a strong and constant upward trend. There are no signs of a slowdown on the horizon, quite the opposite in fact. Occupancy rates throughout the Mayan Riviera have been steadily increasing, with an annual average of around 85% to 90%, and all future infrastructure projects planned by the state and the government will contribute to the growth of tourism. This means that this is an opportune time to invest in real estate in Tulum and enjoy unbeatable rental income. It is also a way to diversify your financial portfolio with an attractive real estate investment.
In addition, the future of Tulum is promising as there are plans to build an international airport in Tulum and a railway network along the Mayan Riviera. These two projects would change the real estate market in Tulum and the evolution of prices.
PLAYA DEL CARMEN
Playa del Carmen is one of the favourite holiday destinations for tourists, especially in summer, according to Trip Advisor, because it is an idyllic place located in the heart of the Riviera Maya with fine white sand and turquoise waters, you will always find a hammock and a parasol to sunbathe and rest, especially on the edge of the town which offers the most quiet beach areas.
If you prefer action, in Playa del Carmen you will find nautical activities such as windsurfing, jet-skiing, kayaking or diving in the impressive Mayan coral reef. Great Mexican and international jazz musicians offer concerts every year. The beauty of the beaches and the many activities that Playa del Carmen has to offer will keep you coming back.
Playa del Carmen is different from Tulum, it’s a larger city, with nearly 300,000 inhabitants and has upscale restaurants, shopping malls, cinemas and especially the “Quinta Avenida”. The Quinta avenida is the most touristic place in the city where you can find a multitude of shops and it is also the ideal place to have a drink in a warm atmosphere. Of course, Playa Del Carmen is not really similar to Tulum, but it’s just as pleasant. The Quinta is full of people!
Investing in Playa Del Carmen is very attractive because it is the fastest growing city in all of Latin America. Over the last ten years Playa del Carmen has enjoyed a huge growth spurt in all areas – commercial, residential, retail and services. New condominium developments are typically sold during construction, as eager investors seek to enter the market as quickly as possible. For this reason, most of the condos for sale in Playa Del Carmen have appreciated before their completion. In addition Playa del Carmen is considered the epicenter of the Riviera Maya with its services, commercial, housing and entertainment sectors.
In addition, the tourism market on the Riviera Maya is growing year after year. In fact, over the last decade the tourism figures show a strong and constant upward trend. There are no signs of a slowdown on the horizon, quite the opposite in fact. Occupancy rates throughout the Mayan Riviera have been steadily increasing, with an annual average of around 85% to 90%, and all future infrastructure projects planned by the State and the government will contribute to the growth of tourism. This means that this is an opportune time to invest in real estate in Tulum and enjoy unbeatable rental income. It is also a way to diversify your financial portfolio with an attractive real estate investment.