Those investing in Playa del Carmen condo sales will be interested to know that the Governor of the State of Quintana Roo (which includes Playa del Carmen, Cancun, etc. ) has continue to make a notable effort to collaborate with Spanish investors, one of the area's main source of foreign investment.
In mid-January 2011, the Governor, Felix Gonzalez, held a meeting with Spanish investors who have stakes in Playa del Carmen and the surrounding area, at which they indicated a strong and growing commitment to continue the promotion and growth of tourism infrastructure in the area. Their interest was primarily motivated by the support they have been given by the Governor and other political figures.
A large number of key developments in the market of Playa del Carmen condo sales, including one condo-resort offering five-star services on site, have been initiatives from Spanish investors. These developments have offered buyers a variety of high-quality property options.
Many of these same properties are ideal for investment, offering buyers the opportunity to generate income from vacation rentals. The funds which Spanish investors have brought to the Playa del Carmen area have also contributed greatly in building tourism infrastructure, offering more services and activities to residents and tourists alike.
One representative credited the governor with “leading the recovery in difficult times" and “fulfilling his promise to improve the support infrastructure with better roads, more communication, and better beaches. "
These improvements and the recognition from investors reflect a positive and strong commitment on the part of the governor to collaborate with investors, creating a suitable environment for non-Mexicans to generate income, while also helping the local economy in a significant way. This kind of policy is ideal for real estate investors considering condo sales as well.
The president of Spanish-owned Hospiten Group – the owner of Playa del Carmen's foremost, state-of-the-art hospital – also highlighted the work of the State's Governor in security, which has been one of the area's strongest points both for tourists and for expat residents and investors.
On the whole, this kind of cooperation between public policies on tourism and large-scale international investors have brought great benefits to the sector and have created greater confidence for investors to maintain and continue the development and investment in Playa del Carmen.
The meeting also included the state's governor-elect, Roberto Borge, with whom this kind of cooperation is expected to continue on a very positive and productive basis.
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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.