Mitch Keenan,  Broker By Mitch Keenan
2011-04-18

When Americans and Canadians buy Yucatan real estate, their main reason for doing so is the charming lure of the typical Mexico homes for sale in the historic colonial are of the beautiful old city of Merida. Yet, what makes this choice of real estate that much easier is that Merida is a thriving metropolitan city with many modern conveniences; one of these, that of modern movie theaters, just got better with the opening of a new cinema in the city.

With the opening of its new site with eight theaters, the U.S.-based company CineMark opened its 31st location, this time in Merida, Yucatan. This new theater makes Yucatan the eighteenth state in Mexico to be home to a CineMark theater.

This opening reflects several important features for home buyers in Merida. One is, as mentioned above, that residents enjoy a broad range and variety of activities and modern conveniences, including everything from Walmart to professional golf courses, from fine dining to high-speed internet.

The other fact that this reflects is the confidence of international investors to fund development in the area. This means both that new services and conveniences will keep appearing, and that the area's economy is such that investors can see healthy return. This point is likewise true of home buyers. The city, the surrounding villages and the nearby beachfront towns offer many opportunities for American and Canadian real estate investors to buy, improve and see profit. Opportunities to open successful businesses also exist within reach of expat residents.

"The economic security of Yucatan," noted the mayor of the city, "is without doubt one of the advantages for investors to strengthen their projects. Authorities here are working to keep things this way."

The new CineMark theater is located in the City Center Plaza in the north of Merida. It offers five standard theaters, two premier theaters, and one XD, the third in all of Mexico, which highlights the sound of the film, projected in high definition.

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Region: Yucatan Real Estate by Mitch Keenan has been a Licensed Broker in the United States since the 1980s. He holds a GRI and a CRS from NAR (National Association of Realtors). With over ten years of living and working in the Yucatan real estate industry, Mitch brings American business ethics and Mexico business experience together to give buyers unparalleled service. 512-879-6546

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