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Playa del Carme Real Estate News - New Development in Mayakoba


Thomas Lloyd,  Broker By Thomas Lloyd
2011-02-28

 One of the spotlight projects in Playa del Carmen real estate in the up-and-coming area just north of town is the Mayakoba resort complex; besides hotels and a golf course, contributing greatly to image and lifestyle, the complex also includes Playa del Carmen condos for sale. Recently the company announced its plans to begin construction of a second phase.

condo, villa or home 

The president of OHL, the company which has developed Mayakoba, Juan Miguel Villar Mir announced that the company will be investing 1 billion dollars in the development of this second phase.

 

He also announced that the company has invited Lorena Ochoa, a well-known Mexican golf champion, to design the new golf course, together with Greg Norman, designer of the current Mayakoba course, El Camaleon. This course is host to the Mayakoba Golf Classic, Mexico and Latin America's first PGA event. This February, from the 23rd to the 27th, the fifth annual Mayakoba Golf Classic took place, and Ochoa participated as a special guest.

The golf course, the tournament, the hotel complex and the residential areas have all contributed greatly to the emergence of this part of Playa del Carmen as one of the city's newest upscale areas, as well as Playa del Carmen's emergence as "Latin America's golf capital."

 

As a result, many other fine Playa del Carmen property options are appearing in the area near Mayakoba, including villas, condos and high-end condo-resorts. Since the is relatively new, prices are still accessible and very competitive.


Villar said the project will be developed in an area of 400 hectares (just under 1000 acres), which will also include a support village of support for workers in the complex. He said that the company expected to comply with all environmental permits and begin construction in six months.

Villar, who was in charge of welcoming attendees to the fifth annual Mayakoba Golf Classic, said that besides the golf course and support village, they will also develop a residential area on the land located opposite the Mayakoba resort.

So far, OHL has invested over a billion dollars in five hotels, three of which are already finished and two more are under construction. The new investment for the golf course, support village and residential area will match this amount.

 

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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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