La Veleta is the established bohemian core of pueblo-area Tulum — 716 establishments, 60% hospitality (boutique stays + short-term rentals), F&B saturation visible. The 20-35% price run from 2022 already happened; the 10-15% condo correction in 2024-25 is the post-peak adjustment.
The strongest historical comparable in our dataset. When the matched snapshot is older, the comparable's path projects La Veleta's likely direction.
How La Veleta's current state translates into a position for each stakeholder. Decision anchors grounded in the zone's data + Tulum market context — not financial advice.
What's exiting the zone, and the rate at which capital is rotating out — the inverse signal of new openings.