Playa Realtors Real Estate

The long-awaited Maya Train has been a hot topic for some time now, and with fresh news coming from the Ministry of Environment and Natural Resources, María Luisa Albores González last Monday announced that section 5 of the train could be one of the most scenic and iconic train routes in Mexico. For The Architecture And History Lovers Travelers and culture seekers can soon delight in the train’s exciting new offerings, as it comes as a surprise that the southern part of the section 5 route, which is roughly 67km long, from Playa Del Carmen to Tulum, will  feature four new archeological sites in the Quintana Roo state; Cueva Garra del Jaguar, Cueva 8 balas, Pamul II, and Cueva de las Manitas. This also includes the restoration and improvement of two already existing archeological zones, Muyhil and Tulum. In conjunction with these works, a new visitor service center will be opening in Tulum, and Muyil will receive a ticket office and services area too. This sectio...

It’s nearly time for your annual spring break getaway, and if you are heading to Mexico this year, then Cancun, The Riviera Maya, and surrounding areas are definitely your safest bets.     As tourists are beginning to book their vacations, The State Department has warned U.S. Citizens to try and avoid certain parts of Mexico. Whether you are visiting the Riviera Maya solo, as a couple, or with your friends or family, you are in for an exciting but, most importantly, safe trip. The Riviera Maya comprises two states, the Yucatán peninsular to the north and Quintana Roo to the south.       What Does The State Department Recommend? According to the latest travel advisory, along with Campeche,  Yucatan is the only other state in Mexico in which the department has advised to exercise normal precautions , as with any other time of the year. Along with sixteen other Mexican states, travelers have been advised to take increased caution when visiting Quinta...

With the lifting of restrictions on world travel, the Mexican Caribbean recorded record tourist arrivals last year.   In 2022, tourism in the Caribbean rebounded with historical figures in three main destinations: the Mexican beaches of Cancun in Mexico, the Dominican Republic and Puerto Rico. For its part, Colombia recorded an almost total recovery, while Cuba still lagged behind. Among these destinations, Mexico stands out, a country that concentrates almost half of the international tourism in Latin America, according to the consultancies Statista and Latinometrics. In Quintana Roo alone, more than 9 million international tourists arrived by air at the Cancun airport, according to the state government. During the first year of the Covid-19 pandemic, Mexico established itself as the third most visited country in the world in the absence of restrictions, but Aranda stated that many are now “repetitive” tourists. Javier Aranda, director of the Quintana Roo Tourism Promotion Council...

The real estate sector in Mexico could have growth of up to 1% in 2023 and the figure could even be much higher in the 10 submarkets where tourism predominates. What is the current outlook for the real estate sector, specifically in new projects? In housing, we have a somewhat contradictory situation because housing [contracts] continue, but the start-up of housing projects has stopped. What we are going to see is a continued contraction of the sector, in which developers start new projects. What happened to the commercial area in recent years? In the commercial real estate part of the market, projects that were scheduled to start in 2020 have postponed their entry into operation until 2021. What is the current situation of the industrial segment? One challenge with the industrial side is that there is a demand for space, but not enough cheap housing is being built in these places. This occurs in markets where a lot has been invested recently: Monterrey [in the state of Nuevo León], Ci...