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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 and 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.
John de Rotaeche
Cancun TOP Realtor
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.
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