One of the more important benefits seen by the Tulum real estate market in recent years has been the emphasis which Mexico's federal government has been putting on infrastructure investment. Several very important projects are having a direct positive impact on Mexico land for sale and other property types in Tulum.
Early in March, 2011, it was noted that Mexico was dedicating 5% of its GDP to major infrastructure projects; for this reason, among others, executives from transnational corporations based in the United States recognized the way Mexico's government faced the international financial crisis as working well to position the Mexican economy very strongly, and make it attractive for foreign investment.
This fact is also very true for real estate purchases, with many Mexico properties gaining considerable value for both lifestyle and investment purposes. This is true in Tulum perhaps more so than anywhere else.
The big infrastructure project which everyone's talking about in Tulum is the upcoming international airport, which as of March 2011, is on the verge of completing the bidding process. The announcement of the airport's location already brought a good deal of attention to land purchases in the nearby areas along the Tulum-Coba highway.
Closely tied to the airport project is a highway bypass, taking the main highway traffic away from the town center, west past the short access road to the new airport. The highway itself is likely to bring new land investment possibilities along its route, but will also add value to the same land developments along the Tulum-Coba highway, especially near the point where the highway intersects with the new bypass. The bypass will allow residents of the area to have quick, direct access to the Riviera Maya (the area stretching north of Tulum past Playa del Carmen to Cancun) without passing through town.
Such infrastructure projects are common in other parts of the country as well, especially since Mexico is currently the world leader in new expressway projects. The President said that this level of resources is unprecedented in Mexico, which aims to improve the flow of trade and investment from within and outside the country. Tulum stands out as a special case, since it is gaining new highway projects and a new international airport, and it currently shows some of the best potential to be the Yucatan Peninsula's next booming tourism and real estate area.
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Region: Akumal 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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