Playa del Carmen Real Estate Market Doesn’t Stop Its Infrastructure Investments

Slow down in the economy here in Playa del Carmen?  Real Estate prices continue to be supported or I should say that the factors that play heavy into the stability of market prices continue to grow here in the Riviera Maya.  I speak with many Americans and Canadians everyday who are wondering about the Playa del Carmen real estate prices;  how are the Mexico Homes values being effected with the world financial turmoils and the Mexican economy being tied in so tight with North America?   How are these situations playing upon the Mexico real estate market? 

Definitely we need to be monitoring these situations very closely and definitely given that our countries have the largest trade  volume then any other country of the world, Mexico will be the country most effected with a downturn in US’s finances.   But, the real estate in Mexico is made up of hundreds of factors.  Each region has different factors that play heavier upon the market values and Playa del Carmen homes have their own particular variables of which include the amazing investments into the community infrastructure. 

In the past 12 months there have been approximately four bridges constructed along the highway of 307 extending from the Cancun airport down south towards Tulum.  Puerto Morelos is the last of these bridges to be constructed and it is nearly 50% into completion.  About 2 years ago, there was only a single lane road leading from Playa del Carmen south to Tulum, today a double lane highway allows for an incredibly fast drive from the Airport, through Playa del Carmen, and another 30 minutes to arrive to the southern half of Riviera Maya on the beautiful Caribbean beaches of Tulum.  It doesn`t stop there.

The latest news is that the SCT (Secretary of Communications and Tranpsortation federal offices) have decided to approve two more bridges or a second level highway to allow for an express route through Playa del Carmen.  Mr. Eddy Flores Villanueva, confirmed that construction will begin in the beginning of 2010.  The elevated road will rise from Avenue 34 and continue elevated passing Avenue Juarez on the southern half of town.  A second bridge will take the vehicles over the Avenue Colosio crossing to make traffic much more fluid from all sides throughout the city.

Some of the advantages of the second level highway through Playa del Carmen, is to allow for the circulation under the bridges and the perpendicular streets allowing for people to cross from the east side of town towards the west side without the long delays of the traffic lights.   The plans also show the creation of bike paths, walk paths, and green areas to be placed under the structures for improved quality of life for the citizens of Playa del Carmen.

The construction has already begun as many of the units are prefabricated and then transported to site for installation and connection.  The total cost of the investment is proyected to be near 20 million dollars.

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

“Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!”