Maybe spend it all on travelling? Maybe invest it? Why not both? One Tulum beachfront home, the well-designed Casa Ina Tan Kanab, is an excellent choice for combining luxury vacations and enjoying a good return on a property investment.
This Mexico home is one of the original and highest quality available in the village of Akumal, which is on the Caribbean coast of the Yucatan, not far from Playa del Carmen and Cancun. What, exactly, makes this house a good way to spend those million dollars?
The Location – The home is located directly on the beachfront in the Mexico real estate region of Akumal. It is a short walk to two of Akumal’s best beaches. Akumal is charming town with a good deal of high-end homes, and with a special focus on environmental preservation, just as much of the Tulum area. Within a 40 minute drive, residents have access to all the services of Playa del Carmen (malls, hospitals, restaurants, movie theaters, etc.) and a bit more than an hour away is the Cancun International Airport. There are also plans for an international airport directly in Tulum. For this reason it is not surprising that similar Akumal real estate is being listed for over $2 million USD.
The Price Reduction – This home is probably really worth closer up towards the $2 million mark, but was originally listed low at $1.4 million. The owner, hoping to sell quickly, has reduced this price by 36% to $899,000! Reselling the home in the future for a significantly higher price should be possible – the new airport also points to rising prices in the area.
The Design – This 4 bedroom, 4.5 bathroom home was designed and built by an experienced international architect, with a modern, slightly minimalist design, idea for oceanfront relaxation. It includes an infinity pool, and large yard and garden spaces. There are wide, panoramic views of the ocean, and elegant furnishings and decorations.
The Rental Income – Tulum and Akumal’s green tourism focus continues to attract higher numbers of visitors. Demand for luxury vacation rental is rising as a comfortable (and less expensive) alternative to high-end resorts. This home continues to provide a significant for the current owner, who has covered ownership costs while enjoying the home for his own vacations. The home is already booked full for Christmas/New Years 2010.
The new growth seen in Tulum, both in terms of real estate and tourism, points to two very good investment possibilities with this home. And, like the current owner, you can also enjoy your own vacations in style …
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Thomas Lloyd (512) 879-6546
THE TOPMexicoRealEstate.com NETWORK
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