The real estate market is booming in Playa del Carmen, located on the Yucatan peninsula in the state of Quintana Roo on Mexico’s Caribbean. It is a sophisticated tourism destination that still retains the traditional charm from its beginnings as tiny fishing village. Here are a few quick facts about living in Playa del Carmen:
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Located by about 40 minutes from Cancun and serviced by the Cancun airport, Playa del Carmen is a much more “low key” destination that still has the advantages of great restaurants, shopping, transportation and services that come with a tourist destination.
Playa del Carmen has a thriving expat community, attracted by the laid-back lifestyle, pristine white sand beaches and warm turquoise waters in a multi-national, multi-ethnic and artsy atmosphere.
It also has a slightly lower cost of living than other major Mexican resort towns like Cancun and Los Cabos and you can click here for basic cost-of-living breakdown as reported by foreign residents living in the area.
MEXLend offers mortgages in Mexico for buying homes in any part of the country, including purchasing a property in Playa del Carmen. Contact us today for more information about how home loan financing in Mexico can make your dream home a reality.
Click here for more about home loans in Mexico from MEXLend.
