While sometimes it is obvious where to find cheap real estate, the trick is to find cheap and good real estate that will offer a nice lifestyle and a reasonable return on your financial and time investment. In Mexico, there are a few good places to look; some of these offer cheap Mexico beachfront lots - directly on the Yucatan Peninsula, which is home to established real estate markets like Cancun, Merida or Playa del Carmen.
One up-and-coming market on the Peninsula is Campeche real estate. Campeche is located on the Gulf coast, and shows very clear signs of growing in both tourism and real estate; low prices are still available for excellent beachfront opportunities, even though higher-end prices are beginning to appear with international developers appearing on the scene.
The capital city of the state of Campeche, (also called Campeche, ) is a colonial city which has recently been entirely restored, with newly painted colorful facades, a grand old cathedral, renovated churches, traditional-style street lamps and all wiring, etc. placed underground. Tourism for colonial cities in Mexico is on the rise, as can be seen from the success of Merida, 2 hours down the road. The city is located directly on the sea, and the old city is walled, originally to protect against pirates.
Campeche also offers nearby beachfront areas. One of these areas, about 45 minutes down the road, has a long stretch of virgin beachfront, wide and with soft, white sand. Lots in the area can be found for under $120,000 USD – a very accessible price compared to what lots like this would cost in more established tourism destinations.
One development in particular is offering an excellent bargain; 66 feet of beachfront for only $64,900 USD! These lots have a depth of over 1300 feet, and have a very natural lagoon at the back. There is also direct access to the federal highway heading to the city of Campeche and Ciudad del Carmen, in the other direction. Both cities have an international airport. Along the highway, services like water and internet are being installed; these lots will each have direct connection access. Residential building permits are available.
Just on the other side of the lagoon, with highway access, there is a fishing village named Sabancuy, which has a new, modern healthcare clinic. Campeche also has full, high-quality hospitals, which offer very accessible prices.
For about $100,000 USD more, you could build a house; a similar house in famous beachfront destinations would be worth close to a million. It's only a matter of time until houses on these cheap Mexico beachfront lots also increase considerably in value.
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