Hi,
Viviana Diaz, Chief Real Estate Advisor with Smart Money Homes here.
Big news…
Work is underway at Punta Laguna. The construction team have cleared the land and are about to start laying the foundations.
Construction at Punta Laguna had been delayed. But delivery remains on schedule for the last quarter of 2025.
When completed, your condo in Punta Laguna will offer luxury resort-level amenities and service, as well as the best Caribbean beach in the area. The Nick Price golf course will be just steps away. And with 5th Ave and the rest of Playa del Carmen close by, it’s an incredible location.
Elsewhere in the Riviera Maya, the recently opened Tulum International Airport is exceeding all expectations. It’s likely that the total passengers for 2024 will be more than double the original estimate. The success of Tulum International Airport is likely helping tourist numbers throughout the Riviera Maya.
I’d like to remind you that the Smart Money Homes team and I are your point of contact for any questions you may have about your condo in Punta Laguna.
Contact us at info@smartmoneyhomes.com and if we can’t answer the question ourselves, we’ll ask the developer.
The Latest from Punta Laguna
The construction team has cleared the ground in preparation for laying the foundations.
The ground has been cleared in preparation for the construction work to begin at Punta Laguna.
You can watch a video showing the latest progress from the Punta Laguna site by clicking the link below.
We will be providing you with regular updates to track the progress of your new condo.
Punta Laguna Condos Listing for $300,000
RETA members like you had the opportunity of paying from just $228,600 to own a luxury condo in a totally unique 5-star community.
My team looked at the market to see what the current prices are for condos in Punta Laguna. Remember, these are still pre-construction prices and will be expected to rise upon delivery.
They found a two-bed condo of just over 900 square feet, similar to the ones bought by RETA members like you, listed for MXN5,500,000. That’s around $300,000 as I write. I must stress that these aren’t exactly the same condos, but the price difference shows what a great deal Punta Laguna was for RETA members.
These two bed condos are similar to the ones that RETA members like you had the opportunity to buy from just $228,600.
Ritz-Carlton to Open Luxury Residences in the Riviera Maya
The demand for luxury accommodation in the Riviera Maya shows no signs of slowing down.
The Ritz-Carlton is set to make its debut on Mexico’s Caribbean coast with The Ritz-Carlton, Riviera Maya and The Ritz-Carlton Residences, Riviera Maya. This project will offer both a luxury resort and exclusive residences.
Prices for beachfront residences start at just over $1.8 million and run to $9.95 million.
The development will feature 127 furnished residences and a 300-room resort. The residences are designed as a self-contained village, offering two-bed condos up to five-bed residences.
The Ritz-Carlton is coming to the Riviera Maya. Owners and guests will have direct access to stunning Tulum beaches, just like this one.
The first phase, including 29 residences and the resort, is expected to debut in 2026.
Thriving Tulum International Airport Announces its First Trans-Atlantic Flight
Since opening in November 2023, Tulum International Airport has welcomed far more passengers than expected. Authorities anticipated 700,000 passengers during the first year of operation. This has been revised upwards to between to between 1.2 and 1.3 million passengers by the end of 2024.
Here at Smart Money Homes, we’ve heard nothing but good things about Tulum International Airport. It’s modern, easy to navigate, and easing the burden on Cancun International Airport. And the number of new destinations with flights to Tulum International Airport continues to grow.
In June, JetBlue began daily flights between John F. Kennedy International Airport and Tulum.
Copa Airlines launched direct flights to Tulum from Panama City. Copa now offers four flights per week on this route, on Tuesdays, Wednesdays, Fridays, and Sundays. Flights to Panama City will connect Tulum with a further 36 countries and 85 direct destinations all around world including much of Latin America.
And more new routes are scheduled to begin throughout the rest of 2024…including Tulum’s first ever transatlantic flight. Discover Airlines will begin a service between Tulum and Frankfurt on December 12, 2024.
Here’s a roundup of some of the other destinations due to connect with Tulum in 2024:
- In December 2024, Air Canada Rouge will launch a seasonal service connecting both Quebec City and Ottawa with Tulum.
- Air Transat will also launch a seasonal service in December. They’ll connect Montreal and Quebec City with Tulum.
- Starting September 2024, United Airlines will launch daily flights between Tulum and Denver.
- Volaris will launch domestic flights from Guadalajara to Tulum. The daily service will begin in December2024.
The new flights and influx of passengers is great news for the Riviera Maya and will be a big plus for Playa del Carmen.
Image Source: iStock. Tulum International Airport will give tourists another way to get to the beaches of Playa del Carmen.
Now there are two International Airports within an hours’ drive of Playa del Carmen. Cancun to the north, and Tulum to the south. And getting from Tulum to Playa del Carmen is straightforward. There’s a regular bus service. By car it takes around an hour.
It’s set to get easier still. The Mayan Train route connecting Tulum International Airport with Playa del Carmen is expected open later this year.
The Riviera Maya Expecting Strong Tourist Numbers During the Summer Vacations
The state of Quintana Roo expects to attract 2 million tourists during the current 6-week period from the second half of July to August 28 with most of those expected to head to the Riviera Maya.
The project will include 127 furnished residences, with prices starting from $1.824 million.
The State Government is expecting a 7.1% increase in the number of tourists visiting the Riviera Maya over last year’s figure. Playa del Carmen is expected to record a 2.4% increase in tourists.
The continued strength of tourism in the region is great news for owners in Corasol. The amenities, location and incredible beach will combine to make Punta Laguna an attractive option on the rental market.
Image Source: iStock. Playa del Carmen is expected to see an increase on last year’s tourist numbers this summer. Vacationers will travel from across the world to relax on stunning beaches like this one.
That’s all from me. Be sure to keep an eye out for your next Punta Laguna update coming soon.
And remember. You can contact the team and I at info@smartmoneyhomes.com with any questions you may have about Punta Laguna. We’re here to help.
Yours sincerely
Viviana Diaz
Chief Real Estate Advisor with Smart Money Homes
