The “Mahahualenasâ€, a group of ladies who do charitable works in our Costa Maya real estate region, organized the children’s Christmas party again this year and it was a huge success as usual. This year it was held at the football field in the town centre. Santa came, photos were taken, presents were given out and piñatas were hit, sweets being scattered everywhere. At one point, in my role as translator, I was squashed under the piñata with kids at my feet grabbing sweets and squealing in delight!
The first road in town is now being paved, formerly a sandy track. Businesses along the road are pleased as there’ll be no more continuous cleaning of their fronts due to the dust blown up from passing traffic as before. In the south the road has been graded so that the potholes have been filled; a huge relief to homeowners and vacation rental guests along that part of the coast.
Real Estate in Costa Maya at the moment is slow, but steady. It’s a buyer’s market for sure, with people taking the advantage of the huge discounts being offered by some property owners. Recently two discounted “casitas†houses in New Mahahual were discounted further and then sold immediately afterwards. In my last blog the listing CMY-LTW-1517 in South Mahahual, reduced to only US$175,000 for 30m of prime beachfront, was snapped up.
Check out the listings to see there’s a variety of properties on offer to suit all budgets in Costa Maya at the moment.  From as little as US$21,000 for a lot in New Mahahual, close to the beach (listing 2537), US$35,000 for commercial/residential property in Xcalak (listing 1701) and US$90,000 for 20 metres of Caribbean beach front property (listing 2531).
There seems to be an equal amount of real estate investors from Mexico and abroad at the moment. The Mexicans know exactly what happened with tourist locations such as Cancun and Playa del Carmen to the north and don’t want to miss another opportunity to own beachfront property before it’s all gone. The foreign investors tend to be looking for a slower pace of life, where people have time to be with friends and family and enjoy the natural beauty of this area; scuba diving, snorkeling or simply chilling on a Caribbean beach with a book.
If you haven’t visited Mahahual, Costa Maya, already, now’s your chance to explore and the only cold thing you’ll have here is a beer!
Rebecca Loto is from the United Kingdom and has been traveling and living in Latin America for nearly ten years. Costa Maya has become her home residence in the past 5 years where she and her husband have settled and have become involved and active in various community organizations. Rebecca brings British business ethics and Mexico business experience together to give buyers unparalleled service. 512-879-6546
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