Cancun real estate and the Playa del Carmen markets are joined together with highway 307. Over the past five years, the growth in the entire region
has accelerated at spectacular leaps. Population, investment, construction and the investment from the public sector has been clipping away at a steady pace to keep the infrastructure in healthy conditions for today’s growing demands and of those of the projected future.
The Cancun real estate market is one of the fastest growing regions in all of Mexico real estate areas. It has the second busiest airport in the country, and the growth continues south into Playa del Carmen and down into the southern part of the Riviera Maya to the new town of Tulum.
Yesterday, a new bridge was opened on the highway of 307 linking the Cancun city and Cancun airport in the village of Puerto Morelos to the communities to the south. The new bridge was constructed right on the 307 highway and at the cross roads that leads down to the beachtown of Puerto Morelos. Thousands of vehicles each day will benefit from the ease of traffic flow through this congested area.
The construction had an investment of approximately 40 million pesos. Construction started in June of 2009 and was opened before schedule as the official day of opening is to occur in 31 of December. At the same time, another 307 highway over pass has just initiated in the Playa del Carmen downtown zone. Again, this will ease the communication of Cancun real estate region to the Riviera Maya.
Investments of these infrastructure projects is a demonstration of both the state and federal governments on their confidence of the continued growth that is expected during the next decade. Felix Arturo Gonzalez, state governor of Quintana Roo stated that the money for the new bridges are being funded by state and through the federal entity (SCT) Secretary of Communications and Transportation.
As population growth continues, and infrastructure projects maintain quality and funcionality to the regions, Cancun real estate markets have a continued strong appreciation potential.
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. In the summer of 2009, he received the first federally applied Mexico Real Estate Degree and Mexico Professional Real Estate License S.E.P. #5978657. He is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546 or through the company’s web site www.TOPmexicorealestate.com NETWORK
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