Playa del Carmen Real Estate Market Receives $230 million Injection for Infrastructure

Since the Playa del Carmen Real Estate boom earlier this decade, there has been a continual commitment of infrastructure investment, improving the convenience of living here, as well as the visual appeal of the city.  Despite the world recession and the lull in tourism throughout all Mexico real estate  regions, this investment into the area services has continued strong this year.                                           

With the green light to pave a portion of a neighborhood just west of Downtown, the city has invested  230 million pesos this year, said the director of Public Works, Eddie Flores Serrano. 

He said that in the last part of this year, the remaining 30 million peso investment will focus on more urbanization projects, especially in various neighborhoods outside of Downtown where not all of the roads are paved.  The projects will focus on four neighborhoods, and, when completed, they will leave Playa del Carmen 80 percent paved. 

“We are going to concentrate on some areas of the neighborhoods which lag behind somewhat in urban infrastructure, building boulevards and sidewalks; only 20 percent of the city will be left unpaved, which is basically the area where drainage is yet to be installed”  added the director of Public Works. 

While the improvement focuses on outlying parts of the city, the investment will improve the conditions of transportation throughout the city in general, and also indicates the ongoing commitment of infrastructure investment into Playa del Carmen real estate.

Additionally, there are plans for this year to set up the police checkpoint in the southern limit of the municipal section of the federal highway, towards Tulum, which would be similar to what already exists  in the north, towards Cancun.   The new checkpoint will help offer continued road safety and high security – two attractive benefits of 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. In the summer of 2009, he received the first federally applied Mexico Real Estate Degree and Mexico Professional Real Estate License S.E.P. #5978657. He is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546 or through the company’s web site www.TOPmexicorealestate.com NETWORK

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