February Real Estate Update From Playa del Carmen PDF Print E-mail
Tuesday, 06 February 2007

 

Real Estate in Playa del Carmen

 

News from One Stop Real Estate in Playa del Carmen; a great time to invest in the Riviera Maya.

Have you been to Playa del Carmen lately? Wow, this town is really on the move! There is street and building construction happening every where. The city is pushing hard to upgrade city services; roads, electricity, septic, and water services all over Playa del Carmen are being worked on. It may cause some delays and confusion but it is impressive that the city is willing to push hard to get a proper infrastructure in place as we grow.

 

 

 

 

 

 

La Plaza Las Americas, on the north end of town, is open, although not yet fully complete, and has a great new movie theatre. On the south end of town the Centro Maya shopping center is fully open with the long anticipated Soriana grocery store, and another great cinema.

This month Playa del Carmen’s Mayakoba resort development, with its Greg Norman designed golf course, will host the PGA Golf Tournament. This is the first time the PGA tour has been played in Mexico. Just five years ago you would have been hard pressed to find a world class golf course in the Riviera Maya, and now there are eight golf courses between Cancun, Playa del Carmen, and Cozumel with another five under construction.

What will all this mean to you, and I as we invest in real estate here in the Riviera Maya? Well, look out because it is already happening! There are more high end developments coming to this area like Viceroy, The Tides, Rosewood, Fairmont, and Nikki Beach just to name a few. We are seeing very sophisticated buyers looking for high end real estate, and as this happens we can see prices climbing across the board. There is currently more inventory for sale in Playa del Carmen than ever before, but this does not seem to have affected prices, but rather has made for more comfortable negotiations between buyers and sellers.

So if you are buying there’s a great selection of options for you and if you are selling prices are holding strong and we are seeing plenty of new buyers coming to Playa del Carmen. Most of the new buyers we are meeting have been investing in the USA, and as that market slows, they are looking for a new investment area. Most investors have been hearing about, and following the Mexican market for some time. Many have friends and business associates who have already been investing and profiting in the Mexican Real Estate market. As their investment market slows down they are finding Playa del Carmen, and they like what they see. As most of you know we have a small sales group at our One Stop Real Estate office and we have 11 sales under contract in the month for the month of January, and there are still plenty of clients coming in every day. So if you are still on the fence about investing in Playa del Carmen now is the time to jump in! We look forward to seeing you here in Playa del Carmen.

One Stop Real Estate Playa del Carmen

 

Shawn Bandick is originally from Canada, a published author, and owns One Stop Real Estate. He can be reached by email at This email address is being protected from spam bots, you need Javascript enabled to view it This email address is being protected from spam bots, you need Javascript enabled to view it or by phone at +52(984)100-5016 mobile 984 803 3739 office

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