Buyers considering investing in Playa del Carmen land will be interested to know that world tourism is on the rise; because Playa del Carmen’s growth is directly related to the area’s strong tourism industry, this fact is a good sign for investment.
According to a report from the UN’s World Tourism Organization, between January and August 2010 tourist arrival worldwide reached 642 million, about 40 million more than in the same months in 2009, or an increase of 7%, and even 1 million more than the same period 2008, the record year previous to the recession.
Based on current trends, it is expected that international tourist arrivals will increase about 5% to 6% during the whole year. In 2011, growth is expected to continue at a slower pace, at about an average of 4%.
Mexico fell into the North & Central American categories, which showed an increase of 9%, above the world average. Mexico, which is the largest tourist destination for American travellers is sure to benefit from this growth. Also, many areas such as Playa del Carmen, fared much better than the area on the whole.
Playa del Carmen’s rapid growth in tourism over the past decade has been the main factor contributing the community’s growth in population. Along with this growth, there has also been a boom in the expat real estate market. The three factors combined have created large investment opportunities in a variety of Mexico property types in Playa del Carmen.
Among these is Playa del Carmen land, which continues to show very health appreciation in some parts of the city, in addition to providing excellent opportunities for retirees, vacationers and expats to build a home or invest in construction of other property types.
The return of strong tourism growth in 2010 points to ongoing strength in investment in places like Playa del Carmen. Strong tourism numbers provides a market for investors who are renting out their property, an ongoing interest for a growing expat community, and draws further investment in infrastructure and services, both public and private, such as large stores, malls, marinas, golf courses, nature parks and eco-activities.
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