Playa del Carmen, a seaside city near the resort area of Cancun, has long been known as a much more relaxed and sedate version of its massive sister city. While this may be true to a certain extent, growth has nonetheless been explosive in Playa del Carmen recently. The growth has occurred in two phases, both in the development of expensive housing and the tourist infrastructure, and in the building of neighborhoods to support the Mexican workers entering the city.

A key factor concerning the development of Playa del Carmen and the value of Playa del Carmen land is the strict building codes that are enforced. The city has made a conscious decision to avoid the giant developments of Cancun. Residential condos and hotels may not exceed certain height and size restrictions.

This has laudably preserved much of Playa del Carmen's character and many fine views. However, what cannot be built up must be built horizontally. Essentially, land is at a relative premium in Playa del Carmen because the population density is maintained at a low level.

For investment purposes, there are some attractive deals on land in the area known as the Ejido, which lies on the landward side of the highway, and is home to the neighborhoods where laborers build their homes. On the seaward side of the highway, there is land that is more appropriate for building a modern home or condo but it is expensive and in scarce supply. Whatever your needs are in Playa del Carmen, Realty Executives Mexican Caribbean can help you meet them.