The landmark election this week of the first Mayor in Tulum, on the coast near Cozumel, marks a new era of development, said realtors RE/MAX Investment Properties today. The PRI party's Marciano Dzul won with almost two-thirds of the vote and will take office on April 1st.

Beautiful coastline at Tulum.

Since Tulum became an independent municipaility last year and the new international airport has been confirmed, land prices have already risen rapidly.

Gary Almedal, Broker at RE/MAX Investment Properties in Tulum, said "Now we have a Mayor and local government ready to take control the development of the area is really set to explode".

Since the new mayor and government are in Tulum itself, they will be better positioned to resolve zoning problems, speed up building permits and plan sustainable and environmentally responsible development of the area.

The Tulum real estate market has already been compared with Playa del Carmen of 20 years ago and looks set to be the next boom town on the Mexican Caribbean coast.

RE/MAX Investment Properties estimate that some current Tulum land opportunities could offer more than 50% return on investment per year.

Find more information about Tulum real estate on RE/MAX Investent Properties website.