The Yucatan Peninsula is a region of southeastern Mexico that juts into the Caribbean, offering breathtaking tropical views as well as the opportunity to snorkel and scuba dive on the Mesoamerican Barrier Reef, the second-largest coral reef in the world. Add to that the rich history of the Yucatan Peninsula: the Mayan civilization flourished for more than a millennium before being conquered by the Spanish. Combining history and natural beauty, the Yucatan Peninsula is prime real estate location for anyone in need of a home in a tropical getaway. However, affordable options exist for interested buyers. Depending on a buyer’s needs, small homes are available under $100,000; for example, an apartment in Merida Centro offers a terrace as well as patio with a small pool for only $69,000.
While grander estates may fetch $1,000,000 and above, there are many affordable options for both couples and families on the Yucatan Peninsula. Many apartments or townhouses are available in locations convenient to both shopping and schools. An apartment or townhouse with two to three bedrooms may range in the mid $150,000s and is an extremely affordable and convenient option for a small family. Many of these apartments have a number of amenities that make the price even sweeter: most feature swimming pools, parking, and modern-style architecture that allows the owner to take advantage of the sizzling weather in the Yucatan Peninsula.
If beachfront property is a must, the options become a bit narrower but still are within the range of affordability if the buyer is willing to expand their budget. Fortunately, many of these beachfront properties feature a number of amenities in addition to the gorgeous views of the water, which sweetens the price tag. Properties that would suit a moderately sized family range anywhere from $250,000 to $500,000, a budget that is both doable and practical. Included with these homes are amenities such as pools overlooking the Caribbean, parking, and refinished interiors.
Of course, if the buyer is on a budget, there’s no reason to give up that water view. Many properties exist within a more moderate budget that still offer fantastic waterfront views. Apartments are available from $150,000 with plenty of room to house both family and guests, all while not giving up that beautiful view of the water. A small villa is also an excellent option to stay within a smaller budget but also have the same privacy of a house. Villas are available from $180,000 and feature amenities such as pools, parking, and balconies. Of course, if the buyer wants both luxury and price, there are luxury apartments in the price range of $190,000 and up that offer both all the amenities of a modern dwelling without the price tag to match.
Whether a buyer is seeking a vacation home or a home for a family, there are a number of great options on the Yucatan Peninsula. The price is really dependent on whether the buyer needs those extra luxurious touches or if he or she is content with a smaller space as long as the location is right. While sprawling mansions range well into the millions, the Yucatan Peninsula has many affordable options under $200,00 for a full house or apartment, many of which are located near shopping, schools, parks, and other attractions that will make the location both convenient and a place where one can make a real home. Fortunately, most properties in every price range offer pools to ward off the heat of the peak daytime hours, so the buyer likely won’t have to make any compromise on comfort. Whether one is seeking to spend no more than $200,000 or prepared to spend into the millions, the Yucatan Peninsula offers plenty of conveniently located properties in a variety of price ranges.