With the government’s development plans and heavy investment in infrastructure, Mahajual and the Costa Maya are becoming the next important tourist destinations in the Caribbean. From 2001 through 2008, real estate prices doubled. The recession has slowed the growth in prices since then, but prices are holding their own and have not dropped appreciably like many other markets that suffered price losses of 40% or greater. Most people still believe that given the growth in the town of Mahahual and the investment of government capital in the Costa Maya, this is still a good place to invest for the future. That reason alone has prevented prices from falling, like so many other areas have.
The good news, however, is that the recession has created some good buying opportunities and a greater supply of quality real estate. There’s no better time to buy than now, to take advantage of these bargains. For most people, beachfront property to the north in areas like Tulum and Cancun is already beyond their reach. The Costa Maya represents the last chance you may have to own a piece of paradise before it slips by.