Print This Article Post Comment Add To Favorites Email to Friends Ezine Ready

Costa Maya: The Latest Buzz In Mexico Real Estate Investment

By: Christine Harrell Home |


You've seen pre-planned suburban communities-now imagine a pre-planned 57 mile long strip of Caribbean coastal paradise. Just as planned communities are built with the purpose of providing the ideal suburban living atmosphere, the Mexican government has plans for the Costa Maya to become the next great ecotourism spot in the Caribbean. Similar project in Cancun and Playa del Carmen have already proven wildly successful for both Mexican tourism and real estate investors. Already in the early stages of the game, the Costa Maya is showing all signs of the same level of success.

The reason that this picture perfect tropical paradise has remained untouched by human development for so long is that prior to the government renovation there were no area-wide resources such as electricity and sewage. Like other now popular places in Mexico, what was needed to spark growth was a government initiative to bring power, water, sewer, and telephones to the entire area. Banks in Mexico don't provide generous, low interest loans for property as they do in the US, meaning that most of the population was unable to afford the land or develop on it. Today, the Costa Maya is the last 57 mile stretch of virgin Caribbean coastal property anywhere in the world.

For investors, the fact that this project is currently in its infancy means massive opportunity in terms of Mexico real estate investment. Plots of raw, Caribbean beachfront property that are today selling for around $60,000 are expected to reach the $1million dollar mark in 15-20 years. Like Cancun where property values rivaled that of the average American car just 30 years ago, the Costa Maya region needed only a kick start to begin its surge or growth.

It's not common in real estate investment to come across so much undeveloped territory-especially untouched, coastal property on the romanticized Caribbean Sea. To put things into perspective, the Costa Maya has more miles of beachfront than Orange County in California and just 13 fewer miles of beachfront than Los Angeles County. Such types of real estate investment opportunities are no longer available on the densely populated coast of the United States. When it comes to Mexico real estate investment, the opportunity to own a residential beachfront lot in a developing area is, for now, still a real opportunity.

In just the past several years since the government put its revitalization project into action, the price of real estate in the Costa Maya has already doubled. Those keen on the trends of Mexico real estate investment got in early, but with so much raw and undeveloped land, there still remain pristine coastal lots up for grabs. High end resorts and businesses have already begun to crop up around Majahual, a once sleepy fishing village just north of Belize.

Additionally, cruise ships are porting in Majahual, the road running south from Cancun has been repaved and the local airport has been renovated. Now flights come in directly to Majahual from Cancun, meaning the once four hour drive south from Cancun is just a short plane ride. It's not only Mexico real estate investment that is exploding here. Entrepreneurs that want to tap into this growing tourism hot spot can pick and choose a slice of the market right now in this early stage of development. A Mexico real estate investment in the Costa Maya means essentially following the investment strategy of the Mexican government and it's proven success in building entire, thriving tourism centers from the ground-up.



Article Source: http://www.eArticlesOnline.com

About the Author:
Author is a writer for Caribbean Trust Real Estate who can help find
available investment real
estate in Mexico
. For more information you can visit http://www.beaches-r-us.com.

Tags: , , , , , , , ,

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Articles Via RSS!

Recent Related Articles From

  • Costa Maya Real Estate Buyer Series: Car Ownership Facts In Mexico
    By: Christine Harrell | May 25th 2006
    One of the perks of owning Costa Maya real estate is the vast amount OF things to see and do in the local area. Roads in the area are well connected and the highway that runs along the coast of the Yucatan Peninsula has been recently renovated to make car travel even easier. Read

  • Reasons To Invest In Costa Maya Real Estate
    By: Christine Harrell | Aug 28th 2006
    While the real estate boom seems to be coming to an end all over the United States, there is still money to be made by investing in areas poised for growth overseas. As prices become overly inflated here, more and more people are turning to foreign real estate for both enjoyment and investment. Read

  • Costa Maya Real Estate Search - Trip Planning Guide
    By: Christine Harrell | Aug 28th 2006
    After all, the opportunity seems too good to be true with 57 miles of virtually uninhabited Caribbean coastline, property prices as low as $65,000 per lot, and a government funded project to boost tourism and property value. Read

  • Florida Offers Real Estate Investing
    By: Ron | Jul 27th 2007
    Real estate investing becomes the world's business and large number of buyers and sellers started making their real estate investment on the real properties.Real estate properties in Florida come up with more innovated types of real property. Read

  • Commercial Real Estate: A Financially Rewarding Investment
    By: Andrew Stratton | Jan 12th 2009
    Commercial real estate is a great strategy to help spread and balance your investment portfolio or can be a great way to earn some extra income. Read

  • The Best Way To Guarantee Your Real Estate Investing Profits

    The Best Way to guarantee your Real Estate Investing rrofits is to carefully choose your investing location. It Is True What They Say: Location, Location, Location! It is such a trite old statement; But there is a reason why sayings get old and trite. They are true!

    As a new real estate investor beginning you ...
    Read

  • Tatas, Birlas To Invest In Real Estate
    By: Parker | Feb 23rd 2009
    Two of India’s large business houses, the Birlas and the Tatas, are looking at real estate as a major investment area, albeit in different ways.

    While the Birlas, through a financial services arm, are offering real estate as an alternative investment option to clients, the Tatas are planning to develop sur ...
    Read

  • Benefits From Investing With Florida Commercial Real Estate
    By: Allison Ayson | Apr 19th 2009
    Florida is the best place for those people who opted to invest with real estate. Right now the popularity of the Florida commercial real estate has becomes so in demand because people know real estate as the safest investment available. Read

  • The Way To Choose A Good Real Estate Broker?
    By: Paul Tarins | Apr 10th 2011

    Real estate is a popular investment avenue. Lots of people go for real estate investing. Some people follow real estate as their prime job. So you have real estate brokers, real estate investors, re
    Read

  • Find Caribbean Island Real Estate
    By: Mary Bush | Jan 1st 2009
    The quaint district of Rose Hall, Jamaica" just minutes from Montego Bay's International Airport " is home to The Palmyra: the finest Caribbean real estate for sale. Boasting palm-lined white sand beaches, clear blue waters and a pristine hillside setting, the Palmyra is truly in a class of its own. Read


Copyright © 2005-2011 eArticlesOnline, LLC - All Rights Reserved
Terms of Service | Privacy Policy