Playa del Carmen condo sales are set to benefit greatly from large-scale investment into the area's tourism industry, especially those which offer a condo-resort setting focused on offering buyers return through vacation rentals.
The most recent example of this investment comes from the State Ministry of Tourism which has planned 16 projects throughout the state of Quintana Roo with an investment of 239 million pesos (about $2 million USD). The projects benefit all areas of the state, starting with new beach access points in Cancun at the north of the state, to the extension of the “malecon" (beachfront pedestrian shopping area) of Mahahual in Costa Maya.
As a center point both geographically and in the state's strong and growing tourism industry, Playa de Carmen will also figure centrally in benefitting from this investment, along with Holbox, Isla Mujeres, Puerto Morelos, Cozumel, Bacalar, and Tulum and José María Morelos.
With healthy tourism investment and growing tourist numbers in this entire region of Mexico – the strongest in Mexico and well beyond for tourism – Playa del Carmen condo sales are especially well positioned to offer buyers benefits. Playa del Carmen's growth and reputation are such that a growth in the state's tourism in all likelihood means an even larger growth for Playa del Carmen; this increases demand for vacation rentals and resorts.
Some condo-resort developments have designed their rental pool to be managed and marketed entirely within the resort industry, with service provided by reputable hotel management companies with a strong presence representing the area directly to North American and European tourists. This means that as the area improves and more attention is brought to this already successful state, these companies will have a larger market of interested vacationers to offer investors return on their property purchase.
These same resort management companies back their direct and successful marketing strategy with five-star hotel services. Many owners enjoy the benefit of these services part of the year for their own vacations.
Heavy investment into the area's tourism has come from all three levels of government, based on the strong success of economic growth successfully generated through this kind of investment, as well as by a growing number of large-scale private investors from around the world. During 2010, the three largest international investors in Mexico were the U. S. , Canada and Spain.
Those investing in Playa del Carmen condo sales have already seen significant benefits from this kind of confidence in investing in the area, and are very well positioned to keep reaping some of the prime benefits of investment into Mexico's tourism.
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Region: Playa del Carmen real estate Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.