Already on ArticleSlash?

Forgot your password? Sign Up

Cancun Real Estate to Benefit from New Exhibition Center

Thomas Lloyd
 


Visitors: 664

Cancun Real Estate is about to start seeing some new opportunities as the city works to convert itself into an international business destination. As a part of this effort a new exhibition center is being built in Cancun, which will be the largest in Latin America. Along with other aspects of the plan for Cancun's new direction the conventions and exhibitions which take place at the new center will begin to draw more attention to Cancun Real Estate from buyers involved in international business activities.

With an area of 60 thousand square meters, the new exhibition center will move Cancun towards becoming the most important business destination for Mexico. The first stage of the project, called “Cancun Messe, " is expected be ready in March 2010 and will compete directly for the exhibitions and events held in Mexico City.

The main advantage Cancun holds is that the hotel infrastructure is sufficient to house the thousands of buyers who hesitate to attend business activities in Mexico City because of the difficulty in finding hotel rooms. Mexico City offers 60 thousand rooms, of which 55 thousand are always busy. In the case of Cancun, there are 75 thousand rooms, which in September are free to house a large group of businessmen. So far $30 million dollars have been invested and the estimated total development cost is 90 million dollars. Funding has come from both private sources and Mexican and American businesses.

The events which the new exhibition and convention center draws to Cancun will not only bring a greater number of clients to the hotel industry during the low season, but will work together Cancun's future status as an international air hub to give Cancun an status as an international business center. This status will add to the area's strong tourism industry to bring even more attention to Cancun Real Estate . While the real estate industry in the area is already thriving, the new attention could bring more demand to the market, and more opportunities for development, rentals and other investments. It is also an indicator of strength in Cancun's real estate industry, and can give buyers confidence that they will continue to see healthy appreciation in on their real estate purchases.

TOPMexicoRealEstate NETWORK; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

(395)

Article Source:


 
Rate this Article: 
 
Cancun Mexico Real Estate Well Priced
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

Cancun Real Estate – Residents Benefit from New U.S. Consular Agency

by: Thomas Lloyd (December 20, 2010) 
(Real Estate)

Cancun Real Estate: Orbitz Names Cancun Top Travel Destination

by: I P M (June 15, 2012) 
(Real Estate/Real Estate Investment)

Cancun Real Estate Benefits from Second Runway at the Cancun International ..

by: Thomas Lloyd (October 14, 2009) 
(Real Estate)

Cancun Real Estate – New Condo Development in Puerto Cancun

by: Thomas Lloyd (February 17, 2010) 
(Real Estate)

Cancun Real Estate – What You Can Get for $175,000

by: Thomas Lloyd (June 30, 2010) 
(Real Estate)

What's the Best Choice in Cancun Real Estate?

by: Thomas Lloyd (December 14, 2010) 
(Real Estate)

How Can I Tell That Cancun Real Estate is a Good Investment?

by: Thomas Lloyd (February 17, 2011) 
(Real Estate)

Cancun Real Estate – Super Location, Still Getting Better

by: Thomas Lloyd (May 12, 2010) 
(Real Estate)

50 with no Plan for Retirement? Consider Cancun Real Estate

by: Thomas Lloyd (July 06, 2010) 
(Real Estate)

Cancun Mexico Real Estate Well Priced

by: Taylor White (May 12, 2011) 
(Real Estate/Agents and Brokers)