Real Estate investors will want take notice of a new Playa del Carmen villa
development on the north end of Playa del Carmen. The villas are located within a healthy real estate market and investment atmosphere, in a new community promising an excellent lifestyle, and are low priced considering location and quality, all pointing to excellent return on this investment.
Playa del Carmen real estate has been offering investors excellent return since its boom began in the first half of the decade, and continues to offer new opportunities. A combination of its wide, soft-sanded beaches, with the turquoise Caribbean water, close and affordable travel access (the Cancun international airport is 45 minutes away) a growing number of modern services (such as hospitals, reliable internet access, and large stores and shopping centers) and many activities ranging from PGA golf to sailing and off-road jungle adventures, have made the area very attractive for tourists and American and European real estate buyers.
The area has been distinguished from the larger city of Cancun down the road by a large European presence and a “small city" atmosphere created by low-rise restrictions.
The area in which these Playa del Carmen villas are located is a new gated community just at the north end of the city (10 minutes from downtown and most services in the city), next to two golf courses. The community so far includes only 2 developments, but will include a commercial area, a tourist-orient street with restaurants and bars, and a hotel area, providing a complete lifestyle. The beach is only 900 yards from villa development.
The are 6 villas sharing a large yard area, a patio and a pool, each with separate road access, as well as a locked, gated entrance to the common space. Each villa has more than 1600 square feet of living space, 3 bedrooms, 2.5 bathrooms and many luxury features such as marble counters and air conditioners. The complete third floor is the over-sized master bedroom. Each home has a private rooftop terrace.
The price of these villas is only slightly over $200,000 USD! Generally properties such as these cost close to double. Since the community is new, the prices are still much lower, pointing to a very good possibility of high return as the community continues to grow. While vacation rental will not show much demand at the moment, this potential will also grow rapidly as the hotel area is developed.
Financing is also available with a $63,000 USD down payment. Consider this investment; it is one of the prime opportunities within a thriving real estate market.
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