New real estate projects helping to ease growing pains

Posted By on September 23, 2015

Continual development and new projects in and around the municipality of Solidarity will help accommodate the fast growth rate of Playa del Carmen.

According to Compu — Consejo Municipal de Población de Solidaridad – the annual growth of population for the city is 10.60 percent, 5.58 percent of which is national and international immigration. Officials have already reported that so far in 2015, the city of Playa del Carmen has grown by nearly 11,000 residents.

beaches of playa del carmen real estate

The municipality says there are approximately 206,000 registered residents in Solidarity. Residential development in Playa del Carmen remains extremely active due to the continual growth rate and demand for housing. Neighboring areas such as City Mayakoba, for example, are only one of the local developments who have seen this potential and are accommodating the need by creating affordable housing.

affordable housing playa del carmen

Compu figures show that the largest majority of locals prefer urban areas, while young people make up a majority of the population. They say that about 70 percent of Playanese are between the ages of 20 to 39 year of age.

Officials also say that since 2000, more than 205 square kilometers of geographical area of Solidarity has been converted by over 100 different housing projects between colonies and new subdivisions. During the first part of 2015, Compu says that at least four new housing projects have begun the commercialization stage.

Central Americans holidaying in Cancun

Reports from the Solidarity Municipal Development Plan 2013-2016, says their projected population growth for Playa del Carmen is 821,000 by 2050.

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