One of the benefits of Playa del Carmen Real Estate is the excellent potential the area shows for investment opportunities. The strong tourism industry, which has stayed on its feet during the recession, and the continued attractiveness of the area as a place to visit and live have encouraged the three levels of government in Mexico to continue making significant investment in the area during a time when there has not been money to go around in many areas. This confidence and privileged status can translate to confidence for us as buyers that an investment in Playa del Carmen Real Estate is a solid investment, one that will be backed by excellent infrastructure, ongoing improvements and continuous offering of more services.
The confidence of Playa del Carmen's strength for investment opportunities has been reflected by one of Mexico's top banks, BBVA Bancomer. A senior executive in Bancomer recently said Playa del Carmen and the surrounding area has a “guarantee of investment" because it continues to prove itself “a tourist destination of confidence for international investors. " This confidence includes real estate investors in Playa del Carmen, who can likewise feel confident in the strength of their investments in the area.
Proposal for this year
Another important point for buyers is the the government's continued support for real estate through infrastructure. For 2010, the federal government has announced that it would invest about 40 million dollars into repaving roads, sewer improvements, drainage work, and water treatment. For the federal government, Playa del Carmen is considered an “engine of economic development, " and the financial attention they give reflects this importance. This amount is on top of major projects, which Playa del Carmen continues to see on an ongoing basis. A current example of this are the bridges which are being build on the Cancun-Tulum highway over the major intersections in Playa del Carmen. This project will alleviate traffic on the major perpendicular and parallel roads, allowing traffic to move more quickly and smoothly across the city. A new international airport is also in plans for the Riviera Maya – the tourist area centered around Playa del Carmen – which, along with the Cancun International Airport, will give residents two excellent options for their visits back home, not to mention Cozumel, which is a 45 minute boat ride away. In addition to the new airport, there is also an ongoing effort to convert existing airports, such as the one in Cancun, into international hubs for travelers from South and Central America to North America. This process will likewise increase the availability of flights back home, which is already available quite regularly. The investment from the government side continues to maintain and improve the convenience of life in Playa del Carmen.
Since tourism is the key industry for the Playa del Carmen area, it is also worth noting that the federal government continuously supports this industry, promoting it abroad. The recent “Welcome Back" program promotes tourist destinations such as Playa del Carmen in the U. S. and Canada. Another recent example is the effort made through HBO cable channels, reaching about 2 million viewers in the Caribbean and Latin America.
What it means for buyers
All of these factors – private investment, government investment in infrastructure and strong tourism promotion – highlight two important facts for buyers interested in Playa del Carmen Real Estate . One is the ongoing improvement and expansion of the areas infrastructure and services, making a high quality of life, in some ways already better than what we're used to back home, even higher. The other is a high level of confidence in the area's ability to give excellent returns on investment. If you are thinking of buying real estate in Mexico, or anywhere else for that matter, carefully consider Playa del Carmen. For more information, contact TOPMexicoRealEstate.com, “We are certified professionals that specialize in guiding new buyers through the Mexican purchasing process. "
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