Thomas Lloyd,  Broker By Thomas Lloyd
2010-04-21

Is Cheap Mexico Beachfront Real Estate still available?

If you're interested in retiring on the beachfront, but on a smaller budget, you've probably gone through the same process as many real estate buyers in your situation. First you briefly check out options in the U.S. beach destinations, and – as you expected – prices are just way too high for you to imagine. Next you look in Mexico; you've been there on vacation before, the city was clean, well kept up, nice new stores, some golf clubs near by, and you love the food, and, most of all, everyone knows it's much cheaper than the U.S. You do some searches on the internet, just to find out the prices in your favorite vacation spots, although much cheaper than in the U.S., are still too expensive for the kind of home you want. But don't give up ...

Here's the great news; cheap Mexico beachfront real estate is still available in beautiful areas with complete services. You just need to know where to look. Mexico's tourism industry is thriving and growing with increasing interest from international visitors and an ongoing large scale investment from both the Mexican government and international corporations. Up-and-coming tourism areas can provide opportunities to invest in Mexico Land, where prices are still accessible, but new stores, nice malls with movie theaters, golf courses, marinas, excellent hospitals and much more are already beginning to appear in the area.

One such example is the state of Campeche, which is a neighbor of Quintana Roo, the state which is home to famous places such as Playa del Carmen and Cancun, and of Yucatan, the state at the north end/center of the peninsula with the same name, and home to the capital Merida. The capital of Campeche (also called Campeche) is a beautiful colonial city with the old town surrounding by fortress walls. The city has been investing huge amounts of funds into restoring its beautiful downtown, which is now one of Mexico's best kept colonial secrets. Private developers have also begun investing in multi-million dollar condo-golf-marina developments in the area; one has a Jack Nicklaus golf course.

About 45 minutes south of the capital there is some beachfront land which includes 66 ft of beachfront, a lagoon at the back of the lots, and direct access to the highway; there are also electric, water, phone and internet connections.

These lots are selling for $65,000 US! For about $100,000 more, you can have the home of your dreams built on this beachfront – a design personalized to your taste. Does this sound more accessible for your retirement budget?

Campeche is only one example of an up-and-coming tourist area where you can find excellent beachfront land options to build a home for your retirement. If you want to find out more, contact a TOP Mexico Agent representing the area where you would like to explore possibilities.

TOPMexicoRealEstate NETWORK; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"

 

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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