Playa del Carmen Condos – Best value for your money?

When it comes to investment and particularly real estate in Mexico, there are many factors that need to be factored in. Mexico is a top tourist destination and therefore, its real estate sector is always in demand. Destinations like Playa del Carmen are strong performers owing to their popularity among travelers from Americas and Europe.

A lot of people buy Playa del Carmen real estate as a second home or as an investment. Since, Playa del Carmen properties are cheaper then their American counterparts, the charm for acquiring such assets is always strong.

But what does cheap & affordable mean in context of Mexico real estate? Let’s take an example. If you wish to buy a beachfront condo in USA, then it will cost you a lot more than a comparative or even more luxurious condo in Playa del Carmen, Mexico. Moreover, if you are smart enough, you can buy preconstruction condos offered by many developers. This choice is best for investors who have a long term view and do not need condos immediately.

While searching and opting for the most affordable condo is important in any scenarios, buyers should not loose sight of other equally important factors as well. All locations are not same and not every developer is reputable.

Location: Location is the most important part of any condo in Playa del Carmen. Ideally, you would like to have a beachfront or a beach facing condo. At the very least, a condo within a walking distance of the beach should be selected. Playa del Carmen is known for a beach lifestyle and if you are nowhere the beach then you will be losing out on lot of fun. Also, other facilities like hospitals, shopping centers, malls should be nearby.

Space: how many bedrooms are there? Are they sufficient for your purposes? More the space means higher prices and it will no longer be affordable.

Amenities: A luxury condo costs more. But some of the amenities that are mandatory are pool, gym, and other recreational areas.

Construction Quality: Condos may look fabulous early on and only at later time would you get know of poor construction quality. To avoid such scenarios, it’s best to go for the reputable and big real estate developers with great track record. Smaller developers may cut corners to maximize profits. Big developers have their reputation at stake and hence are more likely to use better construction material and best practices.

Design: A condo should be contemporary in design. Newer condos in Playa del Carmen Real Estate have usually latest designs both in exteriors and interiors.

Selecting condos which fulfill above mentioned criterion with the right price tag will mean that you buy a condo which will give you peace of mind for the rest of your life

Buying Playa del Carmen Condos

Mexico Real estate is one of the preferred investing options for most people. Cities like Playa del Carmen are very popular with Canadians and Americans. Either people buy del Carmen real estate and sell it when it appreciates or they rent out their Playa del Carmen condos and earn a steady income.

During last few years, the lucre of real estate as an investment option has decreased sue to subprime crisis and recession among the retail investors but genuine investors know that this is the time when one can make a great foundation for future success.

Mexico is a beautiful country and is one of the top tourist destinations of the world. Playa del Carmen is also known for giving one of the better ROI on real estate investments. Because of a constant influx of tourists all year round, real estate is always in demand. A positive business atmosphere created by the Government has meant that there is a strong investor confidence which brings in more foreign investments in to Mexico.

Playa del Carmen has world class resorts, hotels, golf resorts couple with mother nature’s bounty which makes it a Jewel in Mexico crown. Apart from sandy beaches, Playa del Carmen has Mesoamerican coral reef which is an amazing and wonderful natural phenomenon attracting thousands of visitors every year. Playa del Carmen also has Cenotes which are fresh water sinkholes.

Playa del Carmen has evolved from a small fishing village to a bustling town with an international flavor. One cannot help but feel that everywhere in Playa del Carmen with many European style bakeries and restaurants. This has lent a European touch to Playa del Carmen which sets it apart from other tourist destinations in Mexico.

Playa del Carmen has no dearth of modern day amenities. It has two Walmarts, shopping malls, movie theatres, and world class hospital to make expats and tourists stay as comfortable as possible.

Playa del Carmen is very well connected. Though it doesn’t have an airport of its own, Cancun International Airport is just 45 minutes away from it. This has made it accessible to all parts of the world and has been instrumental in attracting tourists and real estate investors alike.

The road to investing in a foreign land can filled with many potholes therefore it’s very essential to hire the most reputable real estate agent. Playa del Carmen is no exception. To get the best deal, location and safety of your investment, you should first of all get in contact with real estate agents and interview with them to know which of them is most professional and knowledgeable. Once you are satisfied you can go ahead and start searching for your dream Playa del Carmen condo.

Why Puerto Vallarta continues to be a tourist paradise?

Puerto Vallarta is beautiful and enchanting. It has a friendly atmosphere and an old world charm which is missing in newer destinations such a Playa del Carmen and Cancun.

It can be said that Puerto Vallarta is a complete package with sun, sand, water and hills. On one hand you will find old building and on the other you will also see high end condominiums providing the latest in luxury.

No wonder, Puerto Vallarta continues to lure tourists to its shores year after year. A positive spinoff of strong growth of tourism has been Puerto Vallarta real estate. Vallarta property scene is vibrant and diversified with all kind of properties at all budgets available. A significant portion of real estate investors are from U.S. and Canada who like its sunny climate and relaxed lifestyle to the hustle bustle of their cities back home.

Since, Puerto Vallarta provides all amenities and luxuries, expats and tourists do not feel anything lacking in Mexico. For this reason, Puerto Vallarta has also emerged as an important retirement destination.

Though, Vallarta enjoys the confidence of real estate investors, the local government and citizens are not the one to rest on their laurels forever. Mexico has numerous great tourist destinations. There is lot of competition among these towns to grab share of the tourism and real estate pie. Playa del Carmen real estate, Cancun, Cabo San Lucas are few of some of the world class tourist destinations.

Because of this Puerto Vallarta is improving and developing all the time to keep its reputation as the numero uno hot spot in Mexico intact! The local government has invested huge sums on infrastructure development even when the recession was ravaging the whole world.

These investments meant that Puerto Vallarta real estate continued to develop as well sent strong signals to investors that Puerto Vallarta is not going to be one off miracle but is in for along haul.

Authorities developed bridges and high quality road network to ease the traffic issues. Recently, the project to expand Puerto Vallarta’s South Shore Highway was flagged off. The ambitious project involves not only expanding to 3 lanes but also use of high quality material and a pedestrian corridor.

In May, Jalisco’s Governor Emilio Gonzalez along with Puerto Vallarta’s Mayor, Salvador González and other municipal authorities participated in an official ceremony to launch the south shore highway improvement project which envisages expanding the highway to three lanes where the adjoining land allows for it. The stretch which will be taken care off during the initial phase starts on Basilio Badillo and continues four kilometers along the South shore highway. The project also involves replacing the road with long-lasting hydraulic concrete. This will mean that roads will last longer reducing recurring costs of road repair. For pedestrians’ convenience, a pedestrian corridor will be added.

The project will cost 50-million peso.