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Playa del Carmen Condos; Mexico's Tourism Agreement Takes Off


Thomas Lloyd,  Broker By Thomas Lloyd
2011-04-25

Buyers of pre-construction Playa del Carmen condos gain a good deal from the area's thriving tourism, including everything from activities in the area to a stronger re-sale market. For this reason it's good news that Mexico's bold national tourism plan is starting to go into action.

The goal, as laid out early in 2011, is to increase tourism in Mexico on a large scale, bringing into the top 5 countries world wide for numbers of international tourists visiting the country. Currently the tourism sector is the third largest source of revenue for the country, which is also expected to change as tourism continues to grow quickly.

The action plan which is just beginning to take shape includes generating 1,500 in business contacts, attracting investments of about $3.5 billion dollars, and improving service to the tourists, partly by means of financing to the sector.

As one of the most successful tourist destinations within Mexico, Playa del Carmen is well-positioned to gain substantially from this investment. It can be expected that new hotels will open, even more golf courses will be added to those available which have gained the area the title of Latin America's golf capital, new nature parks will be opened, and Mayan ruins in the area will be prepared for tourist visits. Resulting from all of this, there will be more services such as large international stores, new malls and activities like bowling alleys or movie theaters.

All of this offers direct benefits to Playa del Carmen condo buyers. Those who buy condos in the area for retirement or vacationing will enjoy all of these activities, services and amenities as a part of day to day life.

On the other hand, increasing tourism to Playa del Carmen will in all likelihood increase the interest in buying property. For those who buy now, especially with pre-construction discounts, will probably see growing opportunities in a larger resale market; higher demand means better sale prices. This also suggests that the near future is an ideal time to invest in a new condo in the area.

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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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