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Invest in Playa del Carmen Condos in Up-and-Coming Areas


Thomas Lloyd,  Broker By Thomas Lloyd
2010-12-20

One part of Playa del Carmen, just a couple of miles north of downtown, is currently emerging as the newest upscale area; this fact presents excellent opportunities for real estate investment, especially in one very well priced complex of new Playa del Carmen condos.

The area itself shows all signs of developing into perhaps even the most upscale area of Playa del Carmen. It is home to two professional golf courses. A number of the region's finest and nicest resorts are in the area, such as Mayakoba. There are also pricier luxury condo developments appearing along side, or even within, these resorts, such as the Nick Price Residences, which overlook the golf course designed by Nick Price, and are having their design and construction overseen by him.

The beachfront area, known as Xcalacoco, is also one of Playa del Carmen's most beautiful and exclusive beachfront areas.

While there are a number of excellent investment opportunities in the mid to high price ranges, the Playa del Carmen condos in question are perhaps the lowest priced option in the area, and for this reason show very good potential to increase significantly in value.

The condos are in a small, 18-unit complex; 6 buildings have 3 units each, each on a separate floor and no adjoining units. The complex includes a pool and a gym area. Each unit is spacious, with an open-concept design, and includes 2 bedrooms; the penthouse units have one more bedroom on the roof level. Each unit includes 130 sq. mt. (about 1400 sq. ft.)

The community is gated with 24-hour security. There are 14 designated green areas, and a bike trail running throughout. The roads are wide with modern, underground infrastructure. The beach is a comfortable walk away.

With the proximity to the beach and the development of strong tourism in the area, owners will also have excellent opportunities for vacation rentals in the near future.

The community is well located for shopping options as well, with downtown and 2 new malls only 10 minutes away. Playa del Carmen's second Walmart is even closer.

Interested buyers should visit the area; what they see and the clear development of the area towards a very well designed upscale area compared to the price of these Playa del Carmen condos will be a surprise!

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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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