Sunset over the Costalegre coastline in Jalisco, Mexico
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Tulum Land and Property

Costa Careyes Real Estate

A private estate on the Jalisco Costalegre, built house by house since 1968. Cliffside castillos, protected beaches and a market that mostly trades quietly.

Where
This area
Property type
Bedrooms
Build stage
What is in

Costa Careyes

The draw

  • A private resort community, not a resort town
  • Architecture unlike anywhere else in Mexico
  • Fewer than a few hundred houses across the whole estate

What you get

  • Cliffside castillos, casitas and beachfront villas
  • Land within a planned, low density estate
  • Membership style access to the clubs and beaches

On the doorstep

  • Playa Rosa, Playa Careyitos and Playa Teopa
  • The Careyes Polo Club and Copa Careyes
  • Chamela Cuixmala biosphere reserve

Getting around

  • Manzanillo airport about 90 minutes south
  • Puerto Vallarta about two and a half hours north
  • Highway 200 runs the length of the Costalegre
House Yaxche 4 bedroom canopy compound with pool in Region 15, Tulum
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House Yaxche, a four bedroom canopy compound in Region 15

4 bed3.5 bath4,090 sq ftRegion 15, Tulum
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Careyes sits on the Costalegre, the stretch of Jalisco coast between Puerto Vallarta and Manzanillo, and it is unlike any other property market in Mexico. It is not a town that grew and then attracted buyers. It is a private estate that was designed, and the houses came after.

What it is

The community was founded in 1968 by Gian Franco Brignone, an Italian banker who bought a long stretch of undeveloped coastline and spent the following decades building on it slowly and on his own terms. The result is a few hundred houses across several thousand acres, most of them hidden from each other, with the majority of the land left as forest and cliff.

The architecture is the thing people know it for. The castillos are large cliffside houses painted in saturated pinks, ochres, cobalts and terracottas, open to the air on several sides, with palapa roofs and interior courtyards. The casitas are smaller versions of the same idea. It is a distinct vernacular that belongs to this place and has been copied everywhere else.

The coast

Playa Rosa is the main beach and the social centre, with the beach club and the calmest water. Playa Careyitos is smaller and more private. Playa Teopa is a protected turtle nesting beach and access to it is restricted during the season, which is the point rather than an inconvenience.

The Chamela Cuixmala biosphere reserve adjoins the estate to the south, which is a large part of why the surrounding land has stayed empty. Between the reserve and the estate's own low density planning, the view from a Careyes house is not going to change.

What happens here

Polo is the organising sport. The Careyes Polo Club runs a season and the Copa Careyes draws players and spectators from outside Mexico. Beyond that there is sailing, diving, the Ocean Club, an art and music programme, and a long standing summer social calendar built around a small group of returning families.

It is deliberately quiet outside those periods. There is no commercial strip, no chain hotel and no nightlife in the ordinary sense.

Who it suits

Buyers who want a house in a place with a defined character and a controlled future, and who are comfortable with the practical trade that comes with remoteness. It suits a second home rather than a full time base for most people, and it suits families who intend to return to the same place for decades rather than to trade in and out.

What to watch

Access is the first thing to understand. Manzanillo is around ninety minutes and Puerto Vallarta around two and a half hours, both on Highway 200. There is no international airport on the doorstep, and that shapes both how often you will come and who will rent it.

This is a small and closely held market. Houses do not come up often and they are frequently traded privately rather than openly listed, so the visible market understates what is actually available. Timing matters more here than in a market with constant supply.

Ownership within fifty kilometres of the coast means the fideicomiso, a bank trust that gives foreign buyers full ownership rights. Where a property sits inside an estate, also establish what the community structure is, what the annual charges cover and what the design rules permit before you commit.

We do not currently have a Careyes property listed publicly. If you are looking on this coast, speak to us directly and we will tell you what is available.

Properties for sale in

Costa Careyes

Search our current listings in this area, with photography, prices, sizes and full detail on every property.

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Frequently Asked Questions

Find answers to the most common questions about our properties, services, and buying process. If you need more help, feel free to reach out to us

Can foreigners own property in Tulum?

Yes. Foreigners can own property in Tulum via a “fideicomiso”: a trust with a Mexican bank facilitated by a notary. The bank acts as a trustee and follows instructions from the property owner. Via this arrangement, foreigners can have all rights to use, occupy, lease, build, improve, and sell their property. On average, it takes 60 to 90 days to complete a property purchase. Tulum Land & Property works closely with a trusted team of lawyers and notaries who ensure that all legal processes proceed smoothly.Another way of owning property in Tulum is by creating a Mexican corporation. This is recommended when investors plan to own several properties. 

How much do I have to pay up-front?

Most pre-construction properties require a refundable deposit of $5,000 USD to secure the unit. Our properties are in high demand so this deposit secures the unit while contracts are drafted. Typically buyers make a down payment of 30% but larger down payments lead to larger discounts. The rest of the payments are made according to negotiable payment plans spreading the cost over the construction time, allowing investors to enjoy better liquidity before delivery.

How much ROI can my property generate?

Tulum real estate agents estimate the average annual ROI to be between 6% and 10%. This depends upon location, amenities, rental rates and design. Our team of experts at Tulum Land & Property focus on finding properties that generate 10% to 20% ROI per year.

What's the best way to get Financing?

For foreigners investing in Mexico, the best way to obtain finance is to do so at home. In the US, you may take a Home Equity Loan or Home Equity Line of Credit (click here). Buyers are able to repay their monthly loan payments with rental income from their vacation rental. During the high season in Tulum, a two-bedroom apartment can rent for up to $500 USD per night and villas can command over $1,000 USD per night. Financing in Mexico is typically 8%-9% plus fees and involves a lengthy process.

Are there any extra costs to buy a property?

Closing costs are typically 7% of the property value. This includes the acquisition tax, recordation fee, certificate of no liens, municipal appraisal, legal and closing fees, and public notary fees. The yearly property tax in Mexico is typically 0.1% of the property value. HOA fees typically start from $2.5 USD per square meter per month depending on the amenities included. The cost of furniture and appliances must also be considered in your budget. Our team of experts can help you understand these costs, schedule a call with us to get started (click here).

How can I ensure the property I purchase has a clear title?

To ensure a property has a clear title, conduct a title search through a reputable notary or legal professional. This process verifies that the seller has legal ownership and that there are no liens or encumbrances on the property. Working with experienced local professionals can help navigate this process.

How safe is Tulum?

Tulum is safe. Recent data shows that the crime index is in fact lower in Tulum than in major cities of the United States, such as Miami (see here). Occasional violent incidents usually do not involve foreigners and tourists, but are rather restricted to disputes between cartels. As for every destination prized by tourists, the usual precautions do apply in Tulum when it comes to irregular activities and behaviour. Many tips are available on forums for first-time travellers to Mexico on how to avoid scams and theft (example here).

Does the property come with amenities?

Many of the condos and villas sold in Tulum come with amenities, depending on the location. Usual amenities include: pool, spa, rooftop, fitness and yoga centre, co-working space, etc. 

Still have questions?

Schedule a call with our team of investment analysts to get the answers you need and make informed decisions.

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