A new project from the State government of Yucatan is to build a new high-speed train connecting major points along the Yucatan Peninsula, focused on tourism purposes, and also offering a new benefit to Yucatan real estate owners, as well as those in Playa del Carmen and in Campeche, which are the long-term start and end points of the route.
The initial stage of the project will offer service from the city of Merida to the pyramid site at Chichen Itza, allowing residents and tourists in Merida to visit the site easily and quickly, as well as the other way around. Construction for this stretch is to begin early in 2011. The affect on the Mexico real estate market will be positive for all of these regions.
Later phases will extend service eastwards to Playa del Carman, ending just south of town at a ferry dock to Cozumel, and westwards to Campeche, another colonial city with a growing tourism industry.
Located in a very well established and growing tourism center, Playa del Carmen property owners will benefit from yet another transportation option to arrive to various other points in the Yucatan area. A growing trend among real estate developments in the area has been the option of a care-free lifestyle, for those who find it more relaxing not to worry about payments for maintenance, insurance and other costs involved, as well as traffic and parking issues (although traffic, to be honest, is still very minimal in Playa del Carmen). The trend has been growing especially among retirees. The high speed will also serve as a benefit.
For Campeche real estate, the train will probably help to increase the tourism traffic to this newly growing tourist destination, bringing visitors from the more popular areas further east. An increase in tourist traffic will help to bring new services; Campeche, a beautiful, fully restored colonial city, already enjoys the presence of good hospitals and a Walmart, and has 2 golf courses and a marina along the way. More shopping options and and increased number of activity choices will develop. Of course, the transportation option for residents will also be a bonus.
So far, a bit over $3 million dollars have been spent on studies on the feasibility and functionality of the project.
This project will help continue to unify the Peninsula into one large tourism area, as well strengthen new tourism areas on the Peninsula. It will make the entire Yucatan region more attractive for people looking to retire to the region and retirement communities to establish presence by offering more attractive amenities such as good transportation options for day site-seeing trips and outings.
Thomas Lloyd
512-879-6546
THE www.TOPmexicorealestate.com NETWORK
“Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!â€
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