The Puerto Morelos real estate market exhibits compelling growth fundamentals, underpinned by robust demand drivers. Key strengths include a high sell-through rate of 65.8%, indicating strong absorption of available inventory, and significant asset appreciation, with property values increasing at an estimated 17% annually. This momentum is fueled by sustained demand from both tourism, with hotel occupancy projected to exceed 90% in early 2026, and a consistent inflow of new residents.
Despite the positive top-line metrics, significant systemic risks temper the outlook. The market's primary vulnerability is the profound disconnect between rapid, often uncontrolled development and the local government's capacity to provide essential services. This has led to critically strained infrastructure, most notably a lack of adequate sewage and drainage systems. The ongoing approval of high-density projects and reports of illegal developments create a high-risk environment where the degradation of natural assets could undermine the area's long-term value proposition.
This is a high-growth market operating under significant infrastructural and regulatory stress.
