The Base of the Public Bidding for the Riviera Maya Airport will be published on May 11th as confirmed by the SCT Sub secretary Humberto Treviño Landois. The Tulum condo investment market will benefit tremendously from such a scenario.
The Base document was approved in the general meeting this week, there are still some minor observations and adjustments to be made in the body of the text that will be ready by Tuesday.
The Tulum Airport will require over 300 Million USD of investment, the goal is to publish the results on December 23rd of this year.
80 % of the land has been secured and the remaining 20% is being negotiated with the Local Government, the land being negotiated is for the access and for the head of the landing strip.
There have been some minor adjustments to the bidding base such as the regulatory schedule for tariffs in the midterm to be made in the 6th year of operation in place of the 5th as in most airports.
We shall know On Tuesday May 5, 2010.
This certainly gives a boost of confidence to the real estate sector in Akumal, Chemuyil, Tankah, and Sian Kaan and Tulum markets.
Hector Moreno has been working in Real Estate in the areas of Tulum, Akumal, Sian Kaan for nearly 6 years. He is a certified real estate agent and owner/broker of Moreno Realty Associates. (512) 879-6546
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