Thomas Lloyd,  Broker By Thomas Lloyd
2010-04-05

Of course, of the most important announcements of recent years not only for the Tulum Real Estate industry, but also for the entire state of Quintana Roo (which also includes Cancun, Playa del Carmen and Cozumel) is the opening of the bidding for the concession for the new Riviera Maya International Airport in Tulum. This new airport, combined with certain other factors, now poises Tulum move from the new real estate market at the end of the Riviera Maya, to a new, central position in the region's tourism and real estate industries.

As the plans for the new airport begin to materialize into real steps towards construction, a growing number of property opportunities will begin to appear in Tulum MLS listings; when the new airport is actually completed, tourism will take a giant leap in Tulum, bringing even further growth and interest to the real estate market.

However, it is not only the tourism boost in Tulum that will bring new opportunities to Tulum MLS properties; with this change, there will also be a new emphasis on the south of the State of Quintana Roo (Cancun and Playa del Carmen lie to the north of Tulum.) One purpose of the new airport is to open up tourism and real estate opportunities in the areas passing the Sian Ka'an biosphere reserve, namely the Mayan pyramid sites at various points (for tourism) and the Mahahual / Costa Maya area (for tourism and real estate.)

Once the development of the Costo Maya area takes off, Tulum will no longer be the "end of the road," but will now be a kind of local hub, right at the center of the already established tourism destinations to the north, and the up-and-coming ones in the south. Tourists who travel to the Mexican Caribbean and wish to take advantage of a broader range of destinations will tend to choose Tulum as their home base, buying flights to the airport in Tulum, and staying in hotels their to take excursions north or south.

For real estate buyers, Tulum's tourism infrastructure will develop, bringing new roads, health care facilities, activities, restaurants, shopping, and much more to enjoy as a part of day to day life. For investors, their couldn't be a more ideal situation. The promised growth, the definite advancement in the plans for the airport, the new central position and role this will give Tulum mean that an improved property (or even unimproved) could re-sell for excellent return.

And to top all of this, as Tulum's MLS listings will show you, properties here are still relatively cheap, selling for noticeably less than in the established cities to the north ...

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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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