Financial advisers often suggest that a good way to build up wealth is to acquire a small amount of funds and invest in an area that can show high return, such as real estate; one development of cheap Mexico beachfront lots in the state of Campeche on the Yucatan peninsula provides an ideal opportunity for anyone who is at the stage of having acquired some funds, and are looking for best way to invest them.
Campeche real estate is currently showing clear signs of future increases in value. While real estate can still be acquired quite cheaply, the tourism industry is already beginning to take off, with large amounts of investment coming from both private and public sources. The state capital, also named Campeche, has recently seen large amounts of funds invested into entirely restoring its colonial city center to become what many visitors feel is the most beautiful and well kept up colonial city in Mexico and beyond.
Both the city and nearby towns have been seeing many new services appear, such as new up-to-date hospitals, international stores such as Walmart, shopping malls, and much more. The government has been putting money into improving and creating new roads and highways connecting to nearby important tourism and business centers such as Merida and Cancun.
Private developers have also been developing a marina and 2 new golf courses. The area's high potential founded in beautiful nature, wonderful colonial architecture and clean, beautiful beaches has prompted these same developers to build condominium developments, with small units starting around $500,000 U.S.
While these prices are already high, Campeche is still one of the best places to find prime Mexico land at very low prices. One development is offering lots which include 66 ft of beachfront, about 1300 ft of depth, direct access to a beautiful lagoon and the federal highway to the city of Campeche, and connections for water, electricity, phone and internet for only $64,900 U.S. For about $100,000 more, a buyer can have an individually designed home built on one of these lots.
While the total investment here will be under $175,000, homes in similar beachfront areas in more established tourist areas in Mexico are worth over $1 million. In Campeche, with two international airports, and close proximity to Merida and Cancun's airports, it is only a matter of time till the value of beachfront homes jumps.
If you have these funds available, now is the most ideal time to invest in Campeche real estate.
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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.
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