I know the area pretty well because I still run a message board for the area. The market is pretty good but its a lot more crowded than when I used to own there. You are looking at USA citizens in the winter, season starts Christmas and runs through until around May and then you have Europeans in the summer months but it is a lot quieter.
If you have a decent property you need to watch out for the party hard spring break crowd that can trash your place.
Hurricane season is really really important and personally I could not bring myself to recommend beachfront anywhere along the coast unless it had a massively substantial seawall that could hold up to a stalled Cat 5 (Wilma stalled over the place for 48 hours!).
Solymar has been around forever and is at the low end of the rental spectrum. Prices don't seem to have increased much since I sold my place 2.5 years ago so maybe you could get higher growth elsewhere. The new off-plans are keeping the resale prices low despite the great views of the older properties.
K
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