Find more properties on Cancun Real Estate's #1 site!
Welcome to Cancun Real Estate !
Looking for the perfect place in paradise? A place that offers something for everyone?
The Cancun real estate market is the gem of the Mexican Caribbean.
Cancun is one of the most important cities in Central America and is a very upscale
cosmopolitan city. It is divided into two real estate sections downtown (el centro) and the hotel zone.
Although much of downtown is very modern, with high rises and all the services you would expect at home,
it is still offers a more authentic glimpse of real Mexico in some of the older neighborhoods. The hotel
zone glitters with 5 star hotels and luxury high rise condominiums and you will find an array of shopping
malls, restaurants and nightclubs.
Cancun real estate and properties have become very popular because of this diverse
array of attractions, activities and entertainment..white sand beaches, a wide array of water sports
and natural attractions, fine dining, shopping and nightlife. And just a short drive away, you will find
beautiful colonial cities and important archeological sites.
What makes this real estate market such a great choice? Cancun is home to the
international airport, making it easy for arrivals and departures. The modern city offers all the
conveniences of home and has excellent hospitals and inexpensive health care.
Cancun real estate also offers a wide range of options. Property choices vary from
modest homes and condos, upscale gated communities, luxury high rise condos, beach front condos and
exclusive golf/marina mega resorts. Something for every budget and lifestyle. Yes, it is truly a place
in paradise that offers something for everyone.
Sincerely
Cyndi M. Ader
Cancun TOP Realtor
Cancun
Cancun was conceived roughly four decades ago by Fonatur (Mexico's national trust for the
promotion of tourism) with the idea of creating a mega tourist resort and real estate destination. The
initial focus was on hotels, shopping malls and infrastructure to accommodate tourism. During this phase
of development, there was a limited selection of new residential property available, in both the hotel
zone and downtown. Real estate options were limited to older, modest homes and apartments.
Once Cancun became well established as a top tourist destination, the focus then turned
towards more high end residential properties geared for second/vacation home buyers.
The Cancun real estate market has been booming since the beginning of 2005 with a selection
of new beach front luxury high rise developments in the hotel zone. New areas in downtown Cancun were also
being developed with high rise condominiums, town homes and single family homes.
Cancun is home to the international airport making for easy access. There is a wide array of
services, grocery stores, banks, private bilingual schools and hospitals.
Cancun's hotel zone with its gamma of restaurants, shopping and nightlife offer the perfect
place for a second/vacation home. Not to mention the fabulous sandy beaches and turquoise blue water of the
Mexican Caribbean. It is also within driving distance of important archeological sites and beautiful colonial
cities. There are professional golf courses for golf enthusiasts, marinas for boat lovers and diverse water
activities like fishing, diving and snorkeling.
Compared to prices for real estate in the Riviera Maya, Cancun is a great value. Because Cancun
is zoned for high rise towers in many areas, it allows developers to offer lower prices per square foot than
in areas where only low rise developments are allowed. So basically it is a great value for the money.
We search for Investment Opportunities in
Cancun Real Estate for YOU!!!
Cyndi Ader www.TOPmexicorealestate.com/cancun-real-estate
Cancun Real Estate News
For those who are just starting to explore and become more curious about other sections of the
Cancun real estate market outside the hotel zone, numerous possibilities of inexpensive to high end
Mexico Real Estate on the ocean abound.
As many people have taken advantage of the rapid growth of the Riviera Maya south of Cancun's International airport in areas such as Puerto Morelos, Playa del Carmen, Puerto Aventuras Akumal and Tulum. Cancun and its northern section leading to the northeast point the Yucatan Pennisula is regaining more popularity with more infrastructure and open ocean world class Yachting marinas.
What was originally a small fishing village only 40 years ago the immediate northern section of the
Cancun real estate region now has the impressive Puerto Cancun with its 20 storey high rise towers have changed the skyline of the down town area. Continuing up the coast are numerous projects that have been completed since Hurricane Wilma in October of 2005. Besides the huge Puerto Cancun developement with its Nick Price signature golf course and the recenty constructed marina including the expansive canals to spectacular individual residences and luxury condominium complexes. There is also a wide variety of economical ocean front locations for under $200,000USD with a variety of smaller ocean front docking facilities available. This five km oceanfront strip has a great mix of high end residences to the north in Punta Sam and the exclusive area of Playa Mujeres with more accessable prices in the area of Puerto Juarez.
Mentioning the exclusive area of Playa Mujeres with the challenging and impeccable golf course designed by Greg Norman this expansive area leads to another large marina and the La Amada Residences and Spa. This enormous private location can truly pamper you with numerous services and a tremendous attention to detail. You will always be able to enjoy minimal amounts of people on its virgin beaches to the north with a sensational skyline of the Island of Mujeres to the east and the hotel zone
real estate of Cancun on the southern end.
So if you are the type of individual that enjoys an enviroment that gives you easy access for your own personal watercraft whether it be a luxury yacht to a smaller 19' Boston Whaler or non mechanized sailboat there is something you can enjoy with the possibility of it being in your backyard in the reviatlized area just north of 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
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
TOP Mexico Real Estate is happy to introduce the newest expert to join from the
Cancun real estate region, John deRotaeche.
Hello John, please tell us a little about yourself…
1) Where are you from and how long have you been living in Cancun?
Orignally from St. Louis, MO and Chicago, IL USA I have had the great fortune of living and working primarily in Cancun and the Mexican Caribbean for over 16 years on a full time basis. After completing my University studies at St. Louis University in Missouri and their Campus in Madrid, Spain I knew I wanted to live in a Latin American environment. I came to Cancun originally as a SCUBA instructor and Operations Manager in February 1994. I saw the tremendous amount of opportunity and growth in the
Cancun real estate market. With all of its natural beauty, a fabulous warm climate, wonderful fun loving residents from many parts of the world, I knew this was the place for me. For the past 6 years I have been primarily focused on the ever growing Cancun market in the area of the
Mexico real estate region. Being one of a small handful of North Americans to complete the Mexico Real Estate diploma at La Salle University in Cancun it has given me a great amount of additional knowledge and a tremendous amount of contacts for this industry.
2) How have you seen the Cancun real estate market behaving in the past 6 months?
In the past six months we have seen numerous inquires for people looking for properties and many more closings with a lot of purchasers taking advantage of a strong buyers market. Using more rent to purchase options and owner financing when possible this has provided a slightly great opportunity with the current more challenging situation of mortgage loans and tougher requirements for credit approvals.
3) What part of Cancun do you see growing in the next five years?
Cancun is continuing to grow on the remaining areas of oceanfront and lagoon front providing greater access for nautical enthusiasts of every type. As well inland as Cancun's new areas continue to meet the demand of a growing population.
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!”
