The long-awaited Kukulcan road is officially open and it’s going to change the Tulum real estate game forever. For over 10 years, access to the coast from central Tulum has been a huge issue. With the constant increase in tourists visiting the area, Av. Coba, the one road that runs from the Federal Highway to the Hotel Zone, is usually heavily congested. The Municipal Transit Authority estimates that an impressive 2,000 vehicles pass through the Tulum-Boca Paila road daily, increasing to a staggering 5,000 during high-season. Relief was needed, and that’s where Kukulcan road comes in.
What are the details??
Kukulcan road will help elevate some of the heavy congestion seen along the Av. Coba entrance to the beach, allow emergency services to reach the Hotel Zone quicker and will provide a much-needed access route to businesses and developments on the south side of Tulum.
What does this mean for real estate?
Probably one of the most exciting aspects of this project’s completion is how it’s going to change the real estate market in Tulum. The Kukulcan road is part of the Municipal Program of Territorial, Ecological and Sustainable Urban Development of Tulum, so it’s going to bring in a lot of new real estate projects and developments.
Land along the new road and on the south side of Tulum is already increasing in price and developers are beginning to snap up land or start their long-awaited projects. As it stands, hotels in Tulum operate at an 80% occupancy, even in low season, so the market has more than enough demand for additional rental properties and hotels to be built along this new route.
The new developments along Kukulcan road will ease the high tourism demand and will be fantastic low-risk, high ROI investment opportunities for people looking to purchase in the Riviera Maya. Now is the time to get in on the bottom floor of this real estate boom as prices will begin to rise rapidly and you’ll see incredible returns on investment.
If you’re interested in more information, purchasing land or investing in property along the newly developed Kukulcan road in Tulum, please don’t hesitate to get in touch.