Mexico Real Estate is continuously becoming a more attractive option for American and Canadian buyers. One reason for this is that the current federal government of Mexico has realized the economic benefit of attracting foreign tourism. For this reason they have placed a special emphasis on investing in tourism and prime tourist destinations, such as Cancun. This investment, in turn has benefited Cancun Real Estate, providing owners with a high quality of life, at still accessible prices.
Mexico MLS, listings more than ever, show a broad range of properties of all types – beachfront condos, commercial land, homes in ecological communities, and everything in between – accessible to a broad range of budgets. Mexico's growing emphasis on tourism not only provides the infrastructure to open up new developments and bring in all the necessary services for a comfortable life, it also has begun to address the variety in taste among American and Canadian buyers.
Mexico's emphasis on tourism-focused investment was confirmed in early March when the President of Mexico, Felipe Calderon, officially delivered the 11 miles of restored beaches in Cancun and Playa del Carmen; besides the millions of dollars invested into the sand and equipment needed, Calderon also verbally reiterated his commitment to make tourism development the government's highest priority. His administration has already taken significant action in this area, so that the tourism sector in Mexico not only shows clear signs of recovery from the recession, but it is even surpassing predictions and showing unexpected growth.
The newly widened beaches mean two things for non-Mexicans looking for MLS properties in and around Cancun. One is that they will be able to enjoy life what were already considered the most beautiful beaches in the world, now even better, about 300 ft wide in some places. The second is that this kind of investment means that tourists will keep preferring Cancun and nearby Mexican tourist destinations to the other options. As long as tourists are coming back, there will be further private and government investment, improving lifestyle even more.
Few countries have chosen to (and many do not have the economic means to) invest in tourism infrastructure in the way that Mexico is currently doing. For this reason, combined with its convenient short distance from the U. S. , Mexico real estate has been steadily moving into a continuously more import position as a destination for Americans and Canadians wishing to buy a vacation home or relocate to a warmer climate.