TULUM’s BEST BUY
The below excerpt is written by world traveler, writer and real estate investor Ronan McMahon. He writes regularly for Pathfinder International and International Living Magazine. I subscribe to both. Tulum in southern Mexico is a hot destination spot for tourists and investing. Please read McMahon’s article and let’s see if we can get a few of us to go on one of TAO’s chill weekends.
Tulum is somewhere that should be on your radar. Mexico’s best beaches are here. A new international airport is on the way. Major road improvements between Tulum and Cancun’s international airport are well advanced. A government plan calls for tourist numbers to increase from 2.9 million to 11 million by 2020.
Bordered on one side by a UNESCO protected reserve and on the other by those powder-sand Caribbean beaches, Tulum has a relatively small amount of land to develop. That means a supply constraint at a time demand is set to surge.
The Tao Development: Tulum’s best buy
Tao is a project set within the Gran Bahia Principe Resort. This upscale resort near Tulum is dotted with multi-million dollar homes. In fact, the average price of a home here is $1 million +. You can buy into this resort for a fraction of that cost…enjoy the five-star amenities on your doorstep… and look forward to appreciation potential and rental income potential.
The Gran Bahia boasts a 27-hole golf course…three hotels…a choice of restaurants and bars…entertainment, shopping, a medical clinic…and a coral-sand beach washed by the sun-dappled Caribbean.
Gran Bahia brings in vacationers year-round to its hotels, who can pay $1,155 a week to stay here. And they’re clearly happy with what they’re getting for their money. The hotels’ occupancy rate averaged 88% over the last 10 years.
A huge plus of owning in an established resort like this is that the infrastructure is already in, with $100 million invested to date to get the resort looking the way it does today. The finishes and materials are high-end. Design parameters clearly set out what the resort (and homes within it) will look like. The houses here are sleek and modern—with clean elegant lines, and stylish interiors. They certainly look like million-dollar homes. And with these condos, you’ll get a similar design and feel as those much pricier homes…with a much smaller price tag.
The Tao condos are right on the golf course. Robert Trent Jones II made the most of thecenotes (natural wells) dotting the course. It weaves its way through natural limestone rock outcrops and thick jungle. It’s a world-class course. I can’t wait to get back down there and play it again…and again.
The new 7,600-square-meter clubhouse… where you can enjoy tennis courts, relaxing at the spa, and dining in fine restaurants overlooking the cenotes and the golf course, is slated to open in the coming weeks.
And don’t forget that gorgeous Caribbean beach. A regular shuttle bus takes you to and from the beach and main hotel amenities. Residents and visitors can take full advantage of the entire resort amenities…restaurants, the beach, the medical center, and the shops.
At the heart of the Tao project is the Tao center, where you can stay active with yoga and Pilates on specially constructed glass platforms over caves…swim in the lap pools that weave their way through the landscaped grounds… or work out in the gym. In the evenings, you can take part in group activities such as cooking lessons, Spanish or salsa classes. So, although your home is in a resort setting, you’ll still be part of a community.
Condos here start from $158,000. And you get developer financing too, with monthly payments as low as $800.
Last year, fellow readers bought condos at a neighboring project by the same developer in the same resort for $199,000. Ten months later, similar units were selling for $244,000. This is a similar early-in type deal.
Put simply: I know of no opportunity where you get such a bang for your buck. This is a high-end, five-star resort with world-class amenities. Some of the world’s best beaches are here. The area is rich in culture and leisure activities. This place is easily accessible from anywhere in North America and Europe. And yet you can lock down a condo here from $158,000…with that financing.
You are invited to attend a chill weekend to check out the Tulum area, the resort, the developer’s previous project here which is complete, and the site for these new condos. I strongly urge you to visit and see this opportunity with your own eyes and meet the team behind the project. Just get to Cancun airport, and the Tao team will take care of the rest.