Real Estate Articles

While housing in the U.S. tends to be looking at a downward trend, with weak job growth, the end to tax-credit programs and a resulting slow down in construction and building up of inventory, those looking for good real estate investments can either sit back and watch, or look elsewhere. One viable alternative is Mexico land.

Options in Mexico land range from cheap Mexico beachfront lots in up-and-coming tourism hotspots like the state of Campeche, or near Tulum (both on the Yucatan Peninsula which has already gained large-scale success in places like Cancun, Merida and Playa del Carmen) to well-chosen lots in established areas like Cancun itself or Puerto Vallarta. Each of these options shows promise for excellent return, although in a different way.

In the areas that are just tapping into their tourism potential now, such as Campeche or Tulum, land can be found very near, or even directly on the beachfront for as low as $70,000 USD. Both places enjoy close access to at least one international airport, and either have a second (Campeche) or have another one on the way (Tulum.) Both are near very established tourism favourites, and already enjoy a smaller, but promising tourism industry of their own, having invested into restoration and beautification of their downtown areas as well as improved, modern infrastructure. The advantage they offer is that prices are still very low, but they promise much higher demand, and therefore prices, in the near future.

In contrast, Puerto Vallarta, Cancun or Playa del Carmen land purchases offer a higher probability of higher return, faster, but will require a larger initial investment, especially for anything on or near the beachfront. They already offer a very complete set of modern services, and demand is already strong.

Both of these options compare very favorable in comparison to the U.S real estate market. As of late July 2010, many markets throughout the country are still struggling with deteriorating sales, inventories of homes owners are desperately trying to sell, and construction industry professionals are saying that new sales starts are hovering around World War II levels.

But won't this turn around sometime? Of course it will, but experts say that some time could be a very long time. Some have said that for the foreseeable future, the market will remain "flat," i.e. not conducive for investment.

While you're waiting for this distant future turn around to show up, why not look at a market that shows every sign of being a good investment? Why not buy land in Mexico?

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