Our Caribbean Living development has condos starting at $59,000 USD and we are selling those units at a record pace since it’s virtually cheaper to own than rent.
(PRWEB) January 22, 2014
The BPM Festival is an annual world-class electronic music festival which takes place in idyllic Playa Del Carmen, Mexico. More than 30,000 festival goers graced the festival this year, the biggest such festival to date, making The BPM Festival one of the most successful electronic music festivals in on the planet.
This year was no different, bringing a record number or tourists to Playa del Carmen for the most attended BPM Festival to date. Night performances on the beach add a very unique facet to this particular electronic music fest. Past highlights have included Dubfire, Guy Gerber, Lee Burridge, M.A.N.D.Y., Sander Kleinenberg, Steve Angello, Steve Lawler, Roger Sanchez, Victor Calderone, and many more.
“We’ve never seen anything like this - every year gets bigger and bigger with more and more people,” said Susan Andrade, manager for Vacation Rentals in Playa del Carmen. “Our biggest problem is not having enough rental units. Owners have really raised the rates this year, simply because they can.”
The BPM Festival is one of many different popular events held in Playa del Carmen throughout the year. This level of demand has fueled a rise in property values as investors are starting to notice the popularity of Playa del Carmen.
With hotel occupancy levels at historic highs in 2013 as well, many would be renters are looking at the investment aspects of Playa del Carmen as well.
“The popularity of Playa del Carmen as a vacation destination has contributed to increased sales activity,” according to Steve Didier, CMO of American Realty. “Our Caribbean Living development has condos starting at $59,000 USD and we are selling those units at a record pace since it’s virtually cheaper to own than rent.”
For more information, visit VacationRentalinPlaya.com.