Cancun Real Estate Sees Investment Boost with Opening of Iberostar Resort

On February 2, Iberostar Cancun, located at kilometer 17 of the Hotel Zone celebrated its Grand Opening.  The hotel, which required an investment of about $ 100 million USD, demonstrates that Cancun’s tourism industry is still growing and still attractive to large-scale investors starting new projects – a good sign for anyone interested in investing in Cancun real estate.

The New Iberostar, Cancun

It’s also noteworthy that the Grand Opening was attended by the well-known Spanish actor Antonio Banderas, a reflection of the growing attention Cancun has been getting as a hot-spot for big-name celebrities.

The opening of the resort also increases the total number of hotel rooms in the Cancun – Tulum corridor (known as the Riviera Maya, part of the State of Quintana Roo.)  This reflects the expectation that the area’s tourism is going to continue growing as the leading region in Latin America.

For real estate buyers, the new hotel means that investment is still pouring into Cancun.  This means more services – more spas, more international stores and more waterfront activities.  Increasing tourism also promises the ongoing cash-flow for infrastructure such as Cancun’s well-designed and kept up roadways, and the expansions and improvements in Cancun’s international airport.  This airport is currently the 2nd busiest in Mexico and is emerging as a main air hub between North America, South America and Europe.  This means residents can find cheap flights home and travel with ease to other parts of the world.

On the whole, the opening of Iberostar Cancun is a very good indication for those considering investment in Cancun’s real estate market.

TOPMexicoRealEstate.com; Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

Iberostar, Cancun - Golf Course

The beachfront with palapas

Since its creation 40 years ago, Cancun has come to attract significant amounts of investment from international sources, and Cancun real estate has benefited either directly or indirectly from these investments.

A recent and significant example is the announcement of Dragon Mart Cancun, a forum and focal point for exhibition and sale of Chinese products. The investment brought by Dragon Mart will present various benefits to the real estate market, and many of the reasons for choosing Cancun as the location likewise offer benefits for those interested in Cancun condos for sale.

The first stage of construction will bring an investment of $150 million USD to the area. The influx of high-buying power employees of the company will continue to bring new demand to the Cancun market – an important point for buyers who are considering future resale. Likewise, the construction of the complex just south of Cancun on the highway to Playa del Carmen will bring and increase of value to Mexico land for sale in the surrounding area, bringing new real investment opportunities.

The reasons for choosing Cancun also reflect real benefits for condo and home buyers. Cancun was chosen due to its central location and growing importance as a key business and transportation center in Central America and the Caribbean. It is also growing as a transportation hub between North America, South America and Europe. What is good business for Dragon Mart means cheap and convenient traveling for retirees and vacationers who choose to live in Cancun.

The company responsible for developing and operating Dragon Mart is Chinamex. The complex will offer 8,400 square meters, which will match the major exhibition fairs such as Frankfurt, Milan, Barcelona and Tokyo.

John DeRotaeche, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. Contact John at (512) 879-6546.  TOP Mexico Real Estate network, “Mexico’s leading specialists for finding and purchasing Mexican properties safely !”

Mexico home owners in Cancun and nearby areas are now going to benefit from new U.S. consular services available in this city.  While limited service have already been available, a new consular agency will expand on these, making life for Americans owning Cancun real estate easier.

The new Consular Agency was opened in early November, 2010, at a ceremony headed by Felix Gonzalez, the Governor of the state of Quintana Roo (which includes Cancun, Playa del Carmen, Cozumel and Tulum), and Gregory Segas, U.S. Consul in Yucatan Peninsula.

Governor Gonzalez said the opening of the consulate is a sign of confidence of the U.S. Government to the destination as an area working hard to offer “security and quiet, where everyone can walk safely.”

The new office also benefits the nearby Playa del Carmen real estate area, which is less than 1 hour south of Cancun.

Formerly, U.S. citizens had to drive to Merida, about 3 hours away for the majority of consular services.  While some services will still be handled in Merida, a growing number will be available in Cancun.

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

One of the main factors in providing a high quality lifestyle and investment opportunities in Mexico real estate is the large amount of investment, both from private and government sources, which tourism brings to the areas where most Americans and Canadians choose to buy.

For this reason it is great news for real estate buyers that the 2011 federal budget for Mexico includes an unprecedented investment into the tourism sector.  The amount budgeted for tourism in 2011 on a federal level is almost 5 billion pesos (about $400 million USD) which is an an increase of almost 1 billion pesos from 2010, or about 24%.

As far as state allocations are concerned, the state of Quintana Roo on the Yucatan Peninsula tops the list of all Mexican states, with an allocation of 110 million pesos.  This preference is due to the strength of tourism in the area, and will directly benefit both Cancun real estate and Playa del Carmen real estate markets, which already benefit from thriving tourism, and the excellent services and infrastructure resulting, including everything from large airports to golf courses and new highways.

In fact, the secretary of tourism, Carlos Joaquin, pointed out that the investment into tourism will be closely supported by further investment into expressway and highway infrastructure in these regions – an area in which Mexico is currently already a world leader.

For the government of Mexico there is no doubt as to where the largest future economy of this country lies, and they are making an incredible effort to re-invest into this industry, and make private investment attractive.

For you as a buyer considering real estate in Mexico this can only be good news; there has been no better time to invest in Mexico.

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

“Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!”

Have you heard of “Shopping therapy?”

No, this is not a treatment for to get shop-aholics off their addiction; quite the opposite, it’s actually using shopping as a therapy for stress and related problems resulting from the overly busy modern lifestyle.

Anyone who own’s Cancun real estate will know exactly what this is all about.  In addition to offering relaxation through it’s famous turquoise beaches, it also offer the among best variety in modern shopping in this part of the world.

This is true to such an extent that one company has actually begun offering “shopping” tours to Cancun, in which visitors choose from featured hotels, and from there are taken to individualized shopping tours in the city’s most exclusive and luxurious stores.

While this is great for visitors, imagine actually living in Mexico, and enjoying the benefit of these excellent shopping options right on hand, any day, any time you want it!

This goes to show that owning Mexico real estate is much more than just affordable property in a warm climate; in addition to beautiful nature, rich traditions and culture and amazing food, residents can enjoy the best of a modern lifestyle.

Cancun also offers excellent golf courses, modern marina developments and many other ways to enjoy pure relaxation!  It is also home to Mexico’s second most traveled airport which is on its way to becoming the connection hub for this part of the world; this means getting home, or to many other parts of the world is easy and hassle free.

Living in Cancun is all about relaxation; whether it’s lounging on the beach with a martini in your hand, shopping in excellent stores or a sailing on the ocean, you’ll find many ways to relax here, and fully enjoy the area’s warm weather!

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

In the Mexico real estate market, one key attraction tends to be the number world-class services available within a given area; during the past decade or two, Mexico has excelled in this area.   This is especially true of regions like the Cancun real estate market, where thriving international tourism has brought a large amount of investment, as well as lifestyle related services, such as golf courses, marinas, and international-quality gourmet restaurants.

One of the most recent examples of this is the Japanese restaurant, Katsu, which opened with the goal of becoming the best specialty restaurant offering Japanese food and social entertainment in the Mexican Caribbean.  It is located in the Cancun’s Hotel Zone.

The recent grand opening was an event which included key businesspeople from the area, government officials and distinguished personalities of Cancun’s society, as well as special guests such as the Mexican actress Jacqueline Bracamontes.

The restaurant is located on Kukulcan Boulevard at km 13.5, across from Plaza Kukulcan

The Hotel Zone in Cancun is also a favorite area for Americans, Canadians and Europeans buying Mexico condos.  Since the city was created from scratch 40 years ago, the Hotel Zone has come to offer residents many modern and international lifestyle features, ranging from shopping malls to professional golf courses.  The opening of this restaurant is the most recent development in the gourmet food culture which has been growing in the area.

The concept of high-end oriental food in the new restaurant is to be driven by “the passion and dedication in preparing food, customer satisfaction in a relaxed atmosphere … to create a unique food experience in this area,” said Rodolfo González, Director General of the restaurant.

Some of the dishes being offered include Teppanyaki, ceviche, fish strips, butter clams, garlic fish, crispy shrimp and “shabu shabu,” among other Asian specialties.

The restaurant has a capacity of 271 people (121 people in the restaurant and 150 in the bar area).

Mexico home owners in Cancun and nearby areas are now going to benefit from new U.S. consular services available in this city.  While limited service have already been available, a new consular agency will expand on these, making life for Americans owning Cancun real estate easier.

The new Consular Agency was opened in early November, 2010, at a ceremony headed by Felix Gonzalez, the Governor of the state of Quintana Roo (which includes Cancun, Playa del Carmen, Cozumel and Tulum), and Gregory Segas, U.S. Consul in Yucatan Peninsula.

Governor Gonzalez said the opening of the consulate is a sign of confidence of the U.S. Government to the destination as an area offering “security and quiet, where everyone can walk safely.”

The new office also benefits the nearby Playa del Carmen real estate area, which is less than 1 hour south of Cancun.

Formerly, U.S. citizens had to drive to Merida, about 3 hours away for the majority of consular services.  While some services will still be handled in Merida, a growing number will be available in Cancun.

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

“Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!”

With the wonderful Mexican Caribbean continuing to grow with a variety upscale Mexico condo hotels and residential complexes up and down the coast in the Cancun real estate market, one impressive location will continue to stand above the rest.

We have seen the success of Puerto Aventuras marina and golf course in the 1980’s and 90’s continue on to the next millennium with numerous projects and attractions.   We look forward to Puerto Cancun as another impressive centrally located marina and golf course with its 20 storey towers flanking a spectacular view of the Bay of Mujeres with the entrance to Cancun Hotel zone to the south of this growing upscale community.

Although not as well known or expansive, La Amada Residences Hotel and Marina in Playa Mujeres just north of  the Cancun real estate region is truly a secluded treasure that prides itself in being away from the crowd with pampered luxury.  Since the secluded location of¨Playa Mujeres will forever be a low density area, the pristine wide natural beaches just north of the few hotels in the area will continue to be a haven for individuals who are looking for solitude and privacy.  8km of beachfront in the Playa Mujeres Golf and Ecological area with another 10km farther north to the area of Isla Blanca and the northeast tip of the Yucatan Peninsula.

Playa Mujeres with its expansive area over 400 hectares of land including only a few hotels including La Amada Residences.  The Greg Norman signature golf course with its beautiful long fairways and meticulously maintained greens with its natural surrounding fauna nestled between the Caribbean sea and a tranquil laguna to the west.

This enticing atmosphere provides a peaceful surreal setting being only a 10 to 20 minute drive to downtown Cancun and the hotel zone with shopping, services, restaurants and activities.

The recently constructed marina in La Amada Residences is operated by the very experienced Excellence Group, from Spain well known for its numerous impressive hotel developments in the Caribbean and Europe.

This marina is designed to anchor large yachts up to at least 200′

with an on site Pemex fueling facility and Nautical repair needs with a large dry dock with technical assistance available.

Currently La Amada Residences and Marina are in negotiations with other exclusive marina facilities in the Bahamas, Cayman Islands, Dominican Republic and other Caribbean Island resorts to offer potential exchanges of services and accommodations to its exclusive owners.

So if this type of secluded environment in a tropical exclusive Mexican Caribbean setting appeals to you, then please contact me for further detailed information on pricing, yachting information and golfing activities.

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

How do you imagine your life in Mexico?  Most people imagine comfortable Mexico real estate, probably on the beachfront, enjoying walks in the sand, sailing in the ocean, visiting ancient pyramids, etc.

But what about an underwater museum??

Besides all of the other benefits of owning a Mexico condo in Cancun, residents will also now be able to enjoy diving under the ocean to visit visiting 400 sculptures in a museum under the sea!

Late in October, the last of the 400 sculptures that make up the Cancun Underwater Museum National Park, which is located near the coral reef between the east coast of Isla Mujeres, Punta Cancun and Punta Nizuc.

This last sculpture was a “Buddha” 4 feet in height, and about 330 pounds in weights, a work of the  British sculptor Jason de Caires Taylor, who is known for his works in concrete.

The marine museum, which is a fairly unique tourist attraction, is expected to draw over 750,000 visitors each year.

The completion of this museum is the latest of a series of new attractions and services which continue to make Cancun real estate one of the best world-class choices, offering everything from large shopping centers, to professional golf courses, from state-the-art hospitals to Mexico’s second busiest airport.

In Cancun, whether residents are looking for fine international dining, or the latest movie on big-screen, most of it will be readily available.  Of course, no one forgets what many consider to be the  most beautiful beach in the world.

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

Recently, I read a news article that pointed out some good news for investors and buyers interested in the Cancun real estate area;  ASUR, which is the operator of nine airports in Mexico, including Cancun International, reported a significant increase in the number of passengers in September 2010 over the previous year.  In Cancun alone the increase was more than 14% above 2009 numbers, for a total of almost 700,000 passengers, or 73% of the total traffic of ASUR’s nine airports.

This is good news for investors buying Mexico condos in Cancun; it means that tourism has picked up significantly since the low point during the brunt of the recession and the stall created by the swine-flu related travel advisory. (By the way, the Mexican government deserves a round of applause for its management of this situation; it was fast, effective, and focused on protecting people, rather than self image.)

The return of healthy tourism numbers means that those buying condos to generate income from vacation rentals will have a strong market in which to do so.

The benefits are also real for Americans and Canadians choosing to live in Mexico. The return of strong tourism number means that tourism related activities and services will also continue to grow in the Cancun area – everything from eco-parks to shopping malls.  The number of direct, cheap flights available from Cancun (one of the big pluses in terms of budget and logistics for this destination) also increases with more traffic.

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

How do you imagine life in Cancun?  If you choose to live in Mexico for your retirement, or otherwise, you may actually be surprised how you spend your time.  Usually we focus on the beaches, the theme parks, archaeological sight seeing, etc.  While the beaches are always close by (and you’ll probably make your way down quite frequently), the other activities won’t be points that define your day to day life, (although you WILL enjoy them on occassion.)

What will day to day life be like?  Maybe you’ll enjoy breakfast on your balcony overlooking the ocean, or maybe you’ll prefer to relax inside, reading the paper or watching the news (in English, of course.)  Afterwards maybe you’ll take a walk down the beach, stop and chat with some of the neighbors, or maybe a drive downtown (in car or taxi – taxi’s are cheap here) to Starbucks or a local cafe to enjoy a good morning coffee – again you’ll find some of the regular expats there.

If you like shopping you might take a trip to one of many shopping centers in the city, where you can find a fairly good combination of stuff from back home, and high-quality goods from Mexico; high-quality Mexican shoes can be found for reasonable prices; if you need a larger size, however, there are only a hand full of stores that carry them!

If you play golf, you might take advantage of the cooler mornings to enjoy a game – there are many good courses in the area.  Maybe a walk in one of the city parks will be your cup of tea.

Besides finding your friends in many of your favorite places every day, you will have many ways to get together with other expats; social clubs exist, and there are many local bars frequented by retirees from the U.S. or Canada.  You could enjoy a snack of seafood in a restaurant with a thatched roof, overlooking the beach, or in a sports bar with pool tables.  Many expats come to Mexico for the same reason as you – relaxation.  Finding people with time will never be a problem.

In the evening maybe another walk on the beach, or relaxing on some lawn chairs having a few drinks with the neighbors.

While some aspects look similar to retirement back home, the fact that retirees come here for relaxation, and Mexico is a laid-back culture will mean that in general, everything is just more easy-going.

Another huge point is that it’s cheaper – everything from Cancun real estate, to the drinks you’ll be enjoying cost considerably less than in the U.S. or Canada.  Healthcare, also much less expensive, is available at top-quality.

Of course, the Mayan ruins, the ecological theme parks, the nearby colonial cities are also plus; while you won’t be there every day, you will want to make excursions now and then – and you won’t have to go half way around the world to find beautiful little bits of ancient history and culture!

Consider Cancun real estate for retirement – you won’t regret choosing the relaxation of day to day life on the beachfront!

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

Last  week, TOP Mexico Real Estate was invited to the Riviera Maya University where Mr. Paul Sanchez gave a presentation regarding SUSTAINABLE DEVELOPMENT and how it is and can continue to be introduced here in the Playa del Carmen land growth and development that is occurring.  Mr. Paul Sanchez administers the CEA, a non profit conservation organization based in Akumal.  He helps to review the impact of the growth and development upon the environment.  His goal is to share his know-how, the data he collects from the environment in order to help educate the government, the private sector, and all people the relations that exist between ecology and community development.

In the presentation he stated;

“Sustainable development is development that satisfies present needs without compromising the ability of future generations to satisfy their own needs.

The core principles that we need to work on are economic, social, and environmental, searching for equilibrium among the three.”

From here, he pointed out the importance of having adequate indicators introduced to the process in order to adequately measure changes in the system.  Depending on the region or the specific environment in question will determine the type of indicators that  must be implemented.  Here in thePlaya del Carmen and the Riviera Maya region, the coral reefs, the sand dunes, the mangroves, cenotes, underground streams, the jungle, and the wild life that lives within are some of the Eco system that we must… protect while development occurs.

The Playa del Carmen real estate market is one of the fastest growing communities in Latin America.    With so many people being introduced to this region, it is hard to overlook the “shock” this trend is placing upon the eco system.  I enjoyed listening and learning of this message that Mr. Paul Sanchez was transmitting.  Paul has a large task set before him and many people I speak with feel their contribution will be too small and a mere drop in the bucket  therefore insignificant.   But all actions (such as conserving water, ensuring your property’s drainage system, voicing your opinion with the public officials etc.)  executed jointly and with persistence will make the difference.

What do you think?
Don’t our kids and our grand kids deserve an effort  from us so they also can experience this … “paradise”?
To learn more about Paul and CEA click here ( CEA  )

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

“Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!”

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

Why invest in Cancun real estate? One of the best signs that real estate investments will pay off is large scale investment from international corporations and government sources, as well as economic expansion and real efforts to broaden horizons and offer more infrastructure and services for those who live or invest in a given location; this is the case of the Cancun real estate market.

Although Cancun has reached the point that the strong international image it has gained over the past few decades easily sells the area as one of the world’s top tourism destinations, the city, the state and federal governments and the private corporations which heavily invested in developing the area are not just sitting back and reaping the benefits.  There is a clear and coordinated effort to make something that’s excellent – Cancun’s tourism – even better.

When comparing the entire Mexico real estate market, one of the ways in which Cancun stands apart, is their efforts in broadening its appeal to the tourism market.  In late 2009 and early 2010 Cancun has placed a particular focus on attracting more business and convention group meetings.  The very high number of hotel rooms available in Cancun, the numerous facilities for conventions, meetings and presentations and the central location of Cancun, close to North America, South America and not far from Europe, make Cancun an ideal choice for this type of tourism.

Tourists who visit in these kinds of meetings also tend to spend a slightly higher amount, and these can take place at any time of year, bringing economic boosts to the area in low seasons.

For Mexico real estate buyers, this means that tourism-focused interest in Cancun is going to continue to grow, bringing more activities and services.  In turn, interest in renting, buying real estate and living here will also grow, making property worth more both for rental purposes and for resale.

To make Cancun more central in the world of air travel, Cancun is developing its international airport as an air travel hub between North America, South America and perhaps other parts of the world.  To support larger amounts of traffic there has been investment in building a second runway.  Besides supporting the economic growth, this move will also give residents of Cancun more low-priced flight options back home.

The investment and efforts to continue expanding and improving Cancun as a top international tourism destination are certainly beneficial to real estate buyers.  Take a look at our Cancun listings, or contact us to find out more about how to find the right property for you in Cancun.

Thomas Lloyd,               MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

In a previous blog, TOP Mexico real estate interviews with John De Rotache from the Cancun Real estate territory asking him about his background and the trends in his region.  You can see part one of this interview by clicking here, Mexico real estate blog.   Below please find the remaining questions and answers to this conversation;

4)                  What are the normal steps to purchase real estate in Cancun?

The normal steps to find a great residence in Cancun is to ask yourself your greatest interest whether a location close to your children’s school in an upcoming neighborhood.  Or an oceanfront/lagoon front location close to the downtown area to have the best of both worlds.  Or finding a great rental property that you can use as a winter getaway plus a great additional income.

5)                  Is there financing available in Cancun?

Yes, financing is available for foreigners in Cancun with Banks such as Scotia Inverlat, Bancomer,  HSBC.  Plus mortgage companies with representation in the Riviera Maya that work with North American and European lenders authorized to provide loans to various nationalities.  Short term owner financing has become more prevalent depending on the seller as many of these will work with buyers to make it easier for the buyer to purchase while he may have to sell another property of his own to complete the payment here in Mexico.

6)                  Where are most Americans and Canadians purchasing in Cancun?

Previously most Americans and Canadians were primarily purchasing in the tourists zones. Although now many North Americans enjoy getting more involved with the local culture and atmosphere as well as finding a great location at a much more economical price with only a short distance to the beach when desired.  Every year more and more foreigners are finding it easier to acquire property in Mexico and to enjoy the great benefits of a more tranquil lifestyle.

7)                  Why would I work with you versus another real estate agent in Cancun?

The main reason for wanting to work with me as your Real Estate Agent is knowledge and experience of the area combined with integrity and going the extra mile to make sure you find your Dream home or investment.  My commitment to personal service and the ability to answer not just your Real Estate questions but unique questions only someone who has had the opportunity to live here for an extended period of time and understand the concerns and uncertainties of a first time buyer has in a foreign country.

John DeRotache, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain. With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs. MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

John DeRotacheAder, originally from Saint Louis MO., he has been living in Cancun, Mexico for over 16 years. John completed his University studies at St. Louis University in Missouri and their Campus in Madrid, Spain.  With a diploma in real estate from a top Mexico University, John comes well prepared to find and help you with your Mexico real estate needs.   MexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

With the opening of the 2010 FITUR (International Fair of Tourism) exhibition, the governor of the state of Quintana Roo, Felix Gonzalez Canto spoke of the beach recovery programs along the Mexican Caribbean. He expressed that the beaches in Cancun and Playa del Carmen are ready to receive thousands of tourists for the year 2010. The fair in Europe is one of the most important exhibitions of the year, which Quintana Roo had a large presence. The Playa del Carmen real estate market feels the positive effects from a strong tourism year. More hotel rooms are constructed, more rooms to be administered which demands more jobs and thus increases in the demand for properties.

The Mexico tourist industry, which also effects the Mexico real market in those zones of high non-Mexican influence, faced a very complex year in 2009. Sales and tourism were hammered downward by the depressed world economic situation, the negative stories regarding Mexico’s war on drugs, and the swine flu warnings. The governor stated that his offices and state have over come these adversities and 2010 promised a return to growth and positive numbers. Tourism in Cancun and Playa del Carmen have the highest figures when comparing the results from the entire country of Mexico. This region is rated as the most important tourist destination in all of the Caribbean zone. This is reflected in the hotel room construction that occurred over the past 9 months. 3,295 hotel rooms have been completed in 2009 for a total of 79,660 rooms.

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

“Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!”

Cancun Real Estate is an excellent combination of the high class luxury condos, beautiful beaches and events and culture to suit many tastes.  As Cancun Real Estate prepares itself for the changes and new opportunities to be brought by the city’s future status as an international air travel hub and international business center, the city is also making plans to add more monuments and “sights to see” to the city’s landscape to be one of the leading  Mexico real estate regions.  

As a part of this direction,  the city government has recently presented a plan to build a new park to mark the upcoming celebration of the country’s bi-centennial of independence for next year; the park will include a new City Hall and city Cathedral, designed to serve as tourist attractions and visual improvements to the city, along with the new park.  Cancun Real Estate buyers, Mexican and non-Mexican alike, can look forward to participating in the activities that next year’s celebrations will bring, and to the transformation of the city’s image, culture and investment opportunities to a new international level.

Cancun’s mayor, Gregorio Sanchez Martinez, recently presented the integrated project of “Gran Parque Bicentenario” to the public, which will be located in Super-block 33.  The mayor’s exhibition included the technical details, a virtual tour and the unveiling of a model of one of the most important architectural projects for the municipality, for which there are a total of 87 thousand meters square for green and recreation areas allocated.

During a press conference the mayor said that it will be a majestic work that will give further identity and personality to Cancun’s recreation and family entertainment.  The intention of the park’s style is “to be a place that gives identity to Cancun’s tourism and real estate industry’s, where tourists go and take a pictures” and where residents can enjoy the pleasantness of day to day life.

The construction of the park is planned to start in late November and will be finished and open for the public for the Independence Day celebrations on Sept. 16 2010. The total investment to build the park will be about 11 million dollars, not including the construction of the Cathedral.

According to Salvador López Cabrera, Cancun’s director of Projects, the “Grand Bicentennial Park” will include a civic plaza, walkways, playgrounds, underground parking with 600 parking spots, a skating rink with synthetic material (which simulates ice) and also busts and information in memory of heroes of Independence and the Mexican Revolution.  It will be a very significant ecological undertaking, which will mean an additional open space for the development of cultural, civic, sports and entertainment, not only an option for the national and international tourism, but even more so another option for Cancun Real Estate owners to enjoy life in this city.

The new city hall, as the Cathedral, will serve both to increase practicality, and to beautify the city. The new city hall will have a monumental architectural scale, and will concentrate all government offices in one place, which will mean a saving of approximately a million dollars – the amount that is annually spent for renting properties due to the current low capacity of the government building. There will also be an area of six thousand square meters designated for future expansion.

On the main facade, facing Javier Rojo Gomez (Kabah) avenue, at the center there will be a bronze statue of seven meters in height (not including the base) of Benito Juárez, a president from the mid 1800’s, who is often considered the President who made many of the most significant contributions to Mexico’s history, and whose name has been given to Cancun’s municipality.  On the sides, there will be two statues, five square meters each in high honor of Andrés Quintana Roo and Leona Vicario, two of the founding pioneers of the state of Quintana Roo.  In total there will be invested over 12 million pesos in works of art.

“In every city in the world are there are essential sites to visit, and now we will have a city hall with classical architecture and a cathedral to match what our city deserves”,  observed the mayor.

In an underground area, which has already seen construction work there will be a parking lot with capacity for 600 cars, adding convenience for home owners in the area to arrive and enjoy the park by car.  The mayor has likewise asked the council that the land use in that area be changed to provide three thousand more parking spots to meet new demand. The underground parking will be provided with elevators for wheel chair access.   The Environmental Impact Statement (EIS) for the project has already been carried out and authorized.

THE TOPMexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

One of most important aspects of Mexico real estate beach front property is, well…………the beach. Unfortunately Mother Nature is constantly changing the shape of our beaches and the Cancun real estate region has been ravaged by hurricanes and tropical storms that have drastically eaten away the white sandy beaches.

In November 2009, the Mexican Government started pouring money into restoring 11.6 kilometers of beach front in Cancun’s Hotel Zone.  The beaches programmed for recovery will start at Punta Cancun and end at Punta Nizuc. The sand will be dredged from two offshore sandbanks. Geotubes are being installed to prevent further erosion. Although the project has been delayed by weather, the project is in full operation and the real estate on the Cancun beaches look amazing.

The total investment for the state of Quintana Roo is over $70 million dollars and is funded by both federal and local governments. The project will be finished in February 2010 and the beaches will be spectacular with about 131 ft of width. And the goal of the program is not only to replenish the sand, but to provide positive long term environmental results.

Not only is the Mexican government investing in the recovery but also will be funding $1.2 million pesos to maintain the beaches clean. This is double the budget from 2009.

Having beautiful white sandy beaches assures the value of your investment in Cancun real estate. It is one of the most important attractions that keep tourists as well as second home buyers coming to our beautiful destination.

Cyndi Ader, originally from the US, has been living in Cancun, Mexico for 17 years. She is a member of A.M.P.I. (The Mexican Association of Real Estate Professionals) and is currently a member of the International Relations Committee. She is also an international affiliate of NAR (National Association of Realtors). She is the owner/broker of Cancun Properties Real Estate and specializes as a buyer’s broker.

THE TOPMexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546

The Cancun real estate market is effected and keeps close tabs on the trends of the tourist industry.  Despite all of the global economic woes, 2009 ended with Cancun as one of the most sought out and attractive tourist destinations in Mexico. This past week Google published their Zeitgeist List for 2009 and Cancun was number one for searches by Mexican nationals in the category of tourist destinations. http://www.google.com/intl/en/press/zeitgeist2009/regional.html#mexico

Cancun was third in Yahoo on an international level, behind Las Vegas and Miami. In another popular search engine, Yahoo Travel, Cancun placed third beating out other popular destinations like San Diego, Cabo San Lucas, New York, San Francisco, Orlando, Hawai and Paris.

The magazine Recommend published in their December issue that Cancun is the most sold destination in Mexico. The voting was done by thousands of travel agencies in the US and Canada. Recommend Magazine is a monthly trade magazine for the travel industry and is distributed to 50,000 professionals in the US and Canada. Cancun was chosen for its diverse natural attractions and activities, as well as the warm Mexican culture.

During 2009, Cancun received various international awards for its world class infrastructure and its famous natural attractions. The Brazilian magazine Viagem awarded Cancun as the best beach destination in the month of October.

The strength of this top Mexican tourist destination has made investing in Mexico real estate one of the best options for those looking for vacation or retirement homes. The continued demand of the tourism industry is a strong boost to the Cancun real estate appreciation as the world works its way out of the financial troubles.

Cyndi Ader, originally from the US, has been living in Cancun, Mexico for 17 years. She is a member of A.M.P.I. (The Mexican Association of Real Estate Professionals) and is currently a member of the International Relations Committee. She is also an international affiliate of NAR (National Association of Realtors). She is the owner/broker of Cancun Properties Real Estate and specializes as a buyer’s broker.

THE TOPMexicoRealEstate NETWORK “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely ! ” (512) 879-6546