Cancun Real Estate – Established Favorite, New Growth Investment

The Mexican Caribbean is one of the most diverse areas in terms of real estate and lifestyles which it offers American and Canadian buyers. Whether you prefer the luxury of high rise condos in modern Cancun Real Estate at the north end of the Mexican Caribbean coast, the more traditional community of Cozumel Real Estate on a beautiful island, or the newly opportunities of Costa Maya at the south, near the Belize border, the Mexican Caribbean offers many options, and includes the benefit of being within a short drive to many other communities.Cancun is the flagship of Mexican Caribbean; although it’s a relatively new city, created from scratch 40 years ago, since then it has established itself as a favorite for international tourists not only within Mexico, but on a world-wide level. Owning real estate in Cancun means your beachfront condo will have easy access to new, modern malls on wide, well designed roads, as well as to nightlife, restaurants and many, many seaside activities. While Cancun’s reputation in tourism keeps all of this well maintained through public and private investment, Cancun isn’t just sitting back and letting the tourists roll in; the recent expansion of the airport and construction of a new convention center is posing Cancun to become one of the most important travel and business convention hubs in North and South America. With this status comes increased property value, new rental demand, and, in short, more investment opportunities.The island of Cozumel, about an hour and a half away, is one of two communities in this area that has been continuously inhabited since the ancient Mayan days. It is also one of the Caribbean’s favorite cruise stops, and has recently gained increased status as a home port for an important Pullmantur cruise. While Cozumel offers a calm, relaxing lifestyle, with close contact to the islands lush nature and mystical Mayan ruins, this new tourism brought from cruise vacationers who choose to extend their stay in Cozumel after the cruise, will likewise will bring growth and new opportunities to the real estate industry.Across the strait from Cozumel is Playa del Carmen, which has been Latin America’s fastest growing community for a couple of years now, and shows no signs of slowing down. Strategically positioned between Cancun, Cozumel and Tulum, Playa del Carmen’s unique atmosphere defined by comfortable homes and low-rise condos, with a bit of a European feel to it from all the Italians (second only to Americans in numbers) continues to present some of Mexico’s finest real estate.Tulum Real Estate is the area promising to show the most growth in the near future. Currently a small village, Tulum has recently gained status as a separate municipality, has created a well-designed urban growth plan with a green and sustainable focus and has begun to open up attractive new developments such as Aldea Zama, an contemporary-rustic style village, selling lots for people who like the idea of living within a short walk to the beachfront, near an elegant shopping area.The new airport in Tulum is expected to accelerate the attraction of new services and conveniences, in addition to start bringing further attention to tourism and real estate to the south of the state, especially the Costa Maya area, which is south of the Sian Ka’an biosphere reserve, one of the world’s most biologically diverse areas.