Let’s say you’re interested in retiring somewhere tropical and beautiful. Maybe you’ve been to Playa del Carmen, Mexico before and have already fallen in love with the place. Maybe you’ve seen endless photos of turquoise waters and white sandy beaches, and now you can’t get the image out of your mind. Or maybe there’s something else about retiring in Playa del Carmen that speaks to you.
Whatever your reasons for considering a move to this region, read on for some reasons why buying a two- or three-bedroom home might be your best option for retirement in Playa del Carmen.
Playa del Carmen Real Estate on the Rise
One of the main reasons for Playa del Carmen’s popularity is that it has a great selection of real estate. One of the best options for potential buyers is to purchase a 2-3 bedroom house. While this advice may seem obvious to some, there are other factors at work and benefits you might not be aware of.
There are a number of things that make Playa del Carmen such an attractive place for expats and their families. Mexico makes it easy for Americans to buy property, with few restrictions on foreign ownership, and the cost of purchasing homes in Mexico tends to be much lower than what you would find in many other popular retirement destinations.
Playa del Carmen Population Continues to Grow Steadily
Playa del Carmen continues to be a major attraction for tourists and retirees from all over the world, especially in recent years.
As you may know, Playa del Carmen has experienced rapid growth over the past decade. In fact, the population of this once-sleepy beachside village has grown by more than 350% since 2000. Every year, millions of tourists flock to Playa’s beautiful shores and vibrant downtown scene, while thousands of new residents make the move here permanently.
Why choose a house over a condo?
So… Why would you want to choose a house over a condo?
Let’s compare the benefits of each property type side-by-side:
- Houses offer more privacy. There are no neighboring condos sharing your bedroom/kitchen wall. You have your own outdoor space, which is often much larger than what is offered with condos. When your guests come over, they won’t be able to hear them in the other apartments. There’s a lot more surrounding walls and generally more insulation between you and where you’d like to live (i.e., right next door). The result is that it’s much quieter in a house compared to any apartment building (unless you choose one in an isolated area).
- Houses have more room. If you entertain regularly or have guests over for extended periods at a time, then this alone may be reason enough to go with a house versus an apartment! Most houses have at least 2 bedrooms (more often 3), while condos usually only have one or two bedrooms depending on how big they are (and there are occasional studios as well). This can be especially helpful if you want extra room for an office/guest room or even just storage space.
- Houses also typically include larger gardens than what is offered in many condos – which means there’s plenty of outdoor space where kids can play or pets can roam around freely without worrying about disturbing others living nearby who might not appreciate their antics as much as we do! Of course this depends largely on how big your yard actually ends up being; but generally speaking houses tend to offer more green area than most buildings do because there’s less land available per person from all those other developments going up close by so it makes sense financially for builders
Why choose a 2-3 bedroom or more over smaller house sizes?
Investing in a 2-3 bedroom house is the best way for you to experience Playa del Carmen.
Why? Let’s compare some numbers. At around 2,500 square feet, the average American household has more than enough space for just two people.
And if you’re planning on spending most of your time living in Playa del Carmen, you’ll likely only need a small amount of space while stateside. If you decide to rent out your US home while staying in Mexico, a smaller house will be easier to keep up with and require less money to maintain than a large one would.
On the other hand, buying a 2-3 bedroom home in Playa del Carmen gives you plenty of room without requiring an exorbitant amount of upkeep or maintenance. This means that when it comes time to retire, your money isn’t going towards repairs or renovations—it’s going towards enjoying yourself and having memories you can cherish forever!
Why not just buy a small house and live there part-time?
The average temperature in Playa del Carmen is 80 degrees, which means that unless you’re staying there year-round, a small house might not be the best option. You’ll need to pay someone to clean and maintain the property while you’re away.
If you buy a bigger place, on the other hand, you have more options: you can rent out rooms while your family is back home or when they come to visit (elderly parents will no doubt enjoy visiting their grandchildren), and your guests will help cover maintenance costs even when they don’t stay there.
A larger house also offers more potential for improvement: perhaps by building something unique for potential renters or putting in a pool and jacuzzi area.
Top 5 Reasons to buy a 2-bedroom Villa or House in Playa del Carmen Mexico
- The cost of a house isn’t that much more than the cost of an apartment or condo. If you need more space, buying a larger home is probably going to cost just 10 – 20% or more than a smaller, 1-bedroom condo with the same amenities.
- You can always rent it out if you’re not using it here in Playa del Carmen. If you plan on spending summers or holidays back home, renting your second or vacation home can help cover some of the costs involved with owning it such as electricity, property taxes and homeowner association fees.
- A lockoff is an ideal option for those who would like to rent their Playa del Carmen villa out to visitors while they are there themselves. For example, if your 2 bedroom house has 2 bathrooms and a fully equipped kitchen, the owner could live in one suite and rent out the other suite or rent out both individual or as one unit depending on the season to gain maximum profit and potential!
- Most people who buy villas are looking for something with at least two bedrooms. So you’re likely to have plenty of options no matter where you look in Playa del Carmen Mexico!
- A well-chosen second home can be an excellent investment. Not only will its value appreciate over time (just like your primary residence), but its rental income potential might even help offset some of its expenses!
2-bedroom lock-off apartments or villas make good rentals more so in Tulum than in Playa del Carmen
While these rentals make good investments, the 2-bedroom lock-off apartments or villas make good rental more so in Tulum than in Playa del Carmen. There are several reasons for this. The main reason is that there are fewer of these types of properties in Tulum and greater demand.
Additionally, many people look for accommodations in Tulum with the ability to sleep 4 or more people comfortably so they can split the cost of their stay with friends or family members. This allows them to stay in some of the nicer places located within the heart of town rather than having to rent multiple rooms somewhere else.
The cost of buying a 2-3 bedroom home in Playa del Carmen isn’t that much more than buying a larger one.
When you first start to look at houses for sale in Playa del Carmen, you will see that there are many larger homes on the market. You might think that they are a better value because of their size. However, if you look closer at the cost of these homes compared with 2-3 bedroom homes of similar quality, then you may find that it is only marginally more expensive to buy a smaller home over a bigger one.
In reality, some people buy smaller homes because they simply do not need more space. If your children have all left home and it is just you and your spouse buying this property, then a larger home can feel like an indulgence rather than something practical. This could mean that instead of spending all money on buying a house or renting an apartment far from the beach or central Playa del Carmen, then you can use the remaining funds to spend time enjoying Playa del Carmen’s vibrant restaurant scene and nightlife.
However, do not assume that by opting for a smaller house means saving money overall because this is not always true either. In fact, if budgeting is your number one priority then taking out a mortgage on any size house or condo should be avoided as much as possible.
Resort-like Houses with amenities such as golfing and health spas are available for purchase in private communities in Playa del Carmen Mexico
If you’re looking for a luxurious and beautiful house, we suggest that you consider buying a 2-3 bedroom house in Playa del Carmen. Many of the houses are located in private communities with many amenities including golfing, health spa services, etc.
Some of the real estate options that you have available to you include:
- House villas with modern designs with lots of open spaces
- Houses with resort-like features such as infinity pools or outdoor kitchens (for example, In Corasol in Playa del Carmen we have these types of houses available for you)
- Houses with lots of nature and greenery around them (e.g., Mayakoba)
Resort-like Houses with amenities such as golfing and health spas are available for purchase in private communities in Playa del Carmen Mexico
You’ll find a great selection of Playa del Carmen homes for sale in the areas that are part of private communities. These communities offer various amenities for their residents to enjoy, such as golf courses, clubhouses and health spas, as well as gated access and 24-hour security to ensure your safety.
You can choose from modern designs with lots of open spaces or resort-style homes with infinity pools and outdoor kitchens. Many properties have indoor/outdoor living areas that bring the beauty of nature into the home while maintaining complete privacy.
Let me give you two examples: Corasol Real Estate in Playa del Carmen features three-story villa houses surrounded by greenery and space to relax out in nature.
The Mayakoba Real Estate is a lush paradise featuring high quality real estate set upon beautiful lagoons and more greenery than you can imagine! Both these neighborhoods have a private golf course nearby or next to your house.
Corasol in Playa del Carmen offers, private 4-bedroom golf villas, golf apartments and million-dollar oceanfront apartments
Corasol in Playa del Carmen offers newly-built private 4-bedroom golf villas, golf apartments and million-dollar pre-construction oceanfront view apartments. This fits well as most often buyers are looking for 2 or 3 bedroom units.
Price range: $430,000 – $4,200,000 USD
Corasol is a community located 5 minutes from Centro Playa del Carmen. You will find great features like a clubhouse, gymnasium, health spas and an onsite restaurant. Corasol these 3 different types of housing for residents offering all the luxury great amenities you could need. There is also 24 hour security and maintenance on site to assist you with any questions or needs that you may have while living at Corasol. The condos here stay true to their Mexican roots offering lots of vibrant colors throughout the development with beautiful tiled roofs, private balconies and fabulous views across the golf course to the Caribbean Sea in the distance.
Find your 2 to 3 Bedroom Villa house or Apartment in Playa del Carmen today
To find your 2 to 3 bedroom villa house or apartment in Playa del Carmen, follow these steps:
- Contact a real estate agent from our team to help you with your search. Once we have heard from you, we can send listings of 2 to 3 bedroom villa houses or apartments that fit your criteria. We can also make appointments for you to visit the properties and show them to you.
- Visit the properties and see if they match what you were looking for. If so, our real estate agents can write up an offer on the property on your behalf and reserve it so that no one else buys it before you do. They will negotiate a favorable price and closing date with the seller.
- Our real estate agents work closely with a local attorney who can help with other aspects of buying Mexican real estate including coordinating anything else needed for the sale to go smoothly at closing time once both parties are ready to sign off on everything at a notary office in Playa del Carmen (notary’s are required in Mexico).
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