Hotels: The First Major Hotel Is On Its Way In Costa Maya

Category: Finance, Real Estate.

If you plan on investing in property in Mexico, you re most likely interested in what s in store for the area to get a feel for how much your property value will increase in the coming years. Those who get in early while these properties are still natural and undeveloped are expected to enjoy returns many times their purchase price over the next 5 to 10 years.

The most exciting outlook for Costa Maya properties is that the government is actively spending money to develop and revitalize the area for the purpose of raising property values and attracting tourism. Recent Developments: Over the last several years, many new developments have come to the Costa Maya and are already attracting tourists and buyers as expected. Additionally, the highway that runs through the Costa Maya between Cancun and Chetumal has recently been expanded. A new cruise ship pier has already been built and has brought a number of shops and eateries with it. The development of this 4 lane highway will be a major cause for growth in the area as more people travel south and learn about the opportunities of beautiful beach properties. This is luxury style development with amenities like a pool with a swim- up bar, and a 70, an outdoor theater, 000 foot shopping center. Shopping and Pleasure: With government backing, developers have literally been painting a new landscape in the jungles surrounding the cruise ship pier, and there is more development on the way.

This is just on the southern tip of the Costa Maya and plenty of similar shopping and entertainment plans are in the works for the rest of the 57 mile strip of coastline. The Mexican government plans to keep this area from growing into a typical tourist destination with sky scraping hotels. Hotels: The first major hotel is on its way in Costa Maya. Instead, to compliment the inherent natural beauty in the area, the area will be heavily geared toward eco- tourism. Planned Communities: Just outside of Majahual on the south end of the Costa Maya strip, properties are being primed for upscale, planned communities. For those that already own property here, this means the preservation of the natural flora and fauna that make this area so breathtaking.

You can see the formation of neighborhoods of single family homes on the way around the newly paved streets and boulevards. With only 57 miles of coast and already a great deal of interest, the lots will sell quickly. While housing developments will continue to grow Costa Maya beachfront properties are limited. Fisherman s Dock in Majahual: In the Costa Maya, fishing is an important source of revenue for many locals, but the wealth of sea life attracts recreational fishermen from all over the world. Those developing the Costa Maya region are well versed in tourism and community planning and have seen how places like Cancun and Playa del Carmen have evolved. The fisherman s Dock in Majahual is expected to be complete by the end of 2006 and will add to the area s eco- tourist attractions. The goal is to create a tropical paradise from the raw Caribbean beachfront.

Numerous investors, including the Oxford Club, agree that Costa Maya is the emerging new real estate hot spot. Today Costa Maya properties sell between$ 65, 000 US and$ 220, 000 depending on the location compared with 1M to 5M just north in Cancun. Those that grab these Costa Maya properties soon will not only get to enjoy a slice of Caribbean paradise, but also enjoy the satisfaction and reward of getting in on a great investment opportunity.