10 Hot Real Estate Investment Markets in Mexico

10 Hot Real Estate Investment Markets in Mexico

Originally Published at CNBC.COM

While the US real estate market is still somewhat sluggish, things are picking up fast in Mexico.

With wage increases in China and Vietnam (as well as escalating shipping costs), outsourcing to the Far East isn’t as economically feasible as it once was, a situation that is forcing many companies to look closer to home. At the same time, retirees looking to make the most of their savings are considering relocation south of the border.

Mexico rode out the worldwide economic downturn better than many other countries and its real estate market never suffered on a level seen in the U.S. And while there was certainly excess inventory, that’s quickly being snatched up by bargain hunters.

“2012 is a turning point,” says Gary Swedback, President of NAI Mexico. “I’m seeing new private equity funds in Mexico … And by the end of the year, we’re expecting to see build-to-suits for companies that can’t find a building. By the beginning of next year, we’re going to be seeing speculative construction in some markets.”

The hot markets vary depending on a company’s need. Several industries seem to be grouping themselves in particular areas, while others want to stay close to the U.S. border to make transportation easier.

“There’s no single answer about where to locate,” says JC Goldenstein, CEO of CREOPoint.

Tijuana

Tijuana
Tijuana

The proximity to California has never hurt Tijuana, but as investment returns to Mexico, the city is seeing prices soar at an eye-popping rate. Swedback says demand for spaces of 100,000 square feet or more is higher than he has ever seen it in the city. And sales prices on select properties have gone up as much as 15 percent in the past two weeks.

There’s also an appeal for residential buyers, who can often cross the border and arrive at their downtown San Diego offices quicker than people who live on the other side of the city.

 

Bajio

Bajio

This central Mexico region, which includes the states of Guanajuato and Querétaro, could be the one of the biggest secrets in Mexican real estate. Swedback says automotive companies from around the world are investing heavily in the area — with Nissan and Honda setting up plants and Toyota and Nissan expanding their facilities.

“It’s so hot there now that I’ll go out with clients, who will come back in a month and all the pieces of land they were looking at have since sold,” he says. “They’re cannibalizing each other to be in prime positions.”

Cancun

Cancun

Yes, Cancun is already a heavily developed town, but it’s one of the busiest tourist destinations in the country, and that means it remains a prime spot for hospitality companies. While it’s not as red hot as some other areas of the country, demand is returning and prices are going up.

 

 

Tulum

Tulum

Cancun gets the spring breakers, but as the city gets more and more hotels, some hospitality firms are looking further down the Mayan Riviera. And Tulúm, some 75 miles south of Cancun, is starting to heat up. Because there is a protected reserve on one side of town, there’s not a lot of land to develop, which supporters say helps price appreciation. And the Mexican government is increasing infrastructure in the area, with the goal of tripling tourism to the area by 2020.

The city is also gaining some cache with the so-called 1 percent. In January, the area is especially popular with fashion designers. And Hollywood stars retreat there regularly.

 

Cuernavaca

Cuernavaca

Located an hour south of Mexico City, this city (nicknamed “the city of eternal spring” is an escape for well-off Mexican citizens. In terms of commercial or industrial building, there’s no demand here, but residential companies are showing interest in the area as a budding vacation resort for people who want something that’s not on the coast.

 

 

 

Puerto Vallarta

Puerto Vallarta

Like Tulum, this seaside city is benefiting from government efforts to build out infrastructure to increase tourism. Big chains are starting to talk about expansion, and prices are starting to rise, though they haven’t really exploded yet. The area south of the city has been effectively built out, but interest in the northern territories is starting to grow quickly.

 

 

 

Mexicali

Mexicalli

Situated on the US border, this city has a highly educated and skilled population. That educated workforce is particularly appealing to factories looking to set up operations in the country. Additionally, it’s two hours east of San Diego and just over four hours from Phoenix — meaning it’s a short drive and also has easy air access through U.S. airports.

 

 

 

Cabo San Lucas

Cabo San Lucas

Along with Cancun and Puerto Vallarta, Cabo completes the tourism triangle of Mexico. Like its cousin cities, it’s accessible to visitors from the U.S., Canada, Europe and South America. But while there are certainly resorts opening here, the biggest push these days is for business class hotels.

While beach towns like Zihuatanejo and the coastal area south of Tijuana might seem appealing due to price, the recession was harder on those towns due to overbuilding — not the case in Cabo. It could be five or more years before those beach towns start to see real recovery, says Swedback.

Monterrey

Monterrey

This city has always been important to Mexican businesses, but a number of international firms — including Sony, Boeing and GE — have also opened branches here in recent years. It’s viewed as an “Americanized” city and is especially popular for call centers, says Goldenstein, since the Spanish accent of residents is faint to non-existent. It’s a highly developed city, though, so real estate is already at a premium.

Real Estate Tulum Bienes Raices

Real Estate Tulum Bienes Raices
01 984 155 1395
Carr. Federal Mexico 307 x Carretera 109 a Coba, Manz 09, Lote 01, Local B, 77780 Tulum, Quintana Roo, México
http://m.google.es/u/m/wjtIu0

Sigue análisis para relanzar licitación de aeropuerto de Tulum Rivera Maya

Sigue análisis para relanzar licitación de aeropuerto de Tulum Rivera Maya

Tulum Real Estate InformationCon Información de NOTIMEX y SDPNoticias

SCT Aeropuerto Riviera Maya Tulum
- The re-launch of the tender for the airport in the Riviera Maya will depend on improved global economic environment, said the head of the Ministry of Communications and Transport (SCT), Dionisio Perez Jacome. Therefore, once the analysis is concluded in the coming weeks, and that was agreed to by the Ministry, it will determined whether to continue with the project or not. "We are close to finishing the analysis, we are reassessing the bidding and international conditions to make the decision to bid again on the Riviera Maya airport," he said at the end of the ceremony's to postmark a stamp alluding to 2011, the Year of Tourism in Mexico. According to the bidding rules published in May 2010, construction would have an investment of three thousand 200 million Pesos. The Airport would be built in an area of 500 hectares at a branch-out of the Tulum - Coba highway. In addition, the Tulum Airport would have state of the art technologies, and would be able to receive continental and intercontinental flights during the first stage and serve up to three million passengers a year. These figures are expected to surpass the services provided by airports such as Puerto Vallarta, Toluca or San Jose del Cabo Baja California.

México, 24 Ago. (Notimex).- El relanzamiento de la licitación del aeropuerto de la Riviera Maya dependerá del mejoramiento del entorno económico mundial, declaró el titular de la Secretaría de Comunicaciones y Transportes (SCT), Dionisio Pérez Jácome.

Por ello, una vez finalizado el análisis, el cual se prevé sea en las próximas semanas -y que se pactó desde que la dependencia declaró desierta la licitación-, se determinará si se continúa con el proyecto.

“Estamos próximos a concluir el análisis, estamos reevaluando la licitación y las condiciones internacionales para tomar la decisión de licitar de nuevo el aeropuerto de la Riviera Maya”, indicó al término de la ceremonia de cancelación del timbre postal alusivo al 2011, Año del Turismo en México.

En mayo de este año, la SCT declaró desierta la licitación debido a que los tres grupos interesados presentaron inconsistencias de carácter jurídico durante la evaluación de sus propuestas, es decir, no cumplieron con los requisitos establecidos sobre seguridad.

Durante el proceso, Grupo México en conjunto con Grupo Aeroportuario del Pacífico (GAP), así como Tradeco Infraestructura, Corporación América y Señor Haig Gulesserian Damlamayan; y Grupo Aeroportuario del Sureste (ASUR) fueron las empresas que presentaron propuestas técnicas y económicas.

De acuerdo con las bases de licitación que la dependencia publicó en mayo de 2010, la construcción tendría una inversión de tres mil 200 millones de pesos y sería la primera que se construirá bajo el esquema de concesión.

La obra se edificaría en un área de mil 500 hectáreas, dentro de las cuales se contemplaba una vía de acceso a la terminal de seis kilómetros, como un ramal de la carretera Tulúm-Cobá.

Además, contaría con instalaciones con tecnologías de punta, y tendrá capacidad de recibir vuelos continentales e intercontinentales, durante la primera etapa atenderá hasta tres millones de pasajeros al año, con lo que se prevé superar los servicios proporcionados por aeródromos como el de Puerto Vallarta, Toluca o el de San José del Cabo

Yucatan government approves trans-peninsular train, Merida – Riviera Maya

Tulum Real Estate InformationSource: MexicanBusinessWeb

Yucatan government approves trans-peninsular train, Merida – Riviera Maya

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The plan to construction and tender the Trans-peninsular Fast Train received the approval of the government of Yucatan and the Secretariat of Communications and Transport (SCT).

The rail service would include the movement of cargo at night, in addition to the transfer of passengers, said Jeanette Rosado, Executive Secretary of the project.

The official said that this project consists of a train above the average speed of 120 kilometers per hour, with an approximate distance of 336 kilometers between Merida, Yucatan, and Punta Venado, Quintana Roo, less than 30 miles from world famous Tulum Beaches in the Mayan Riviera.

The Government of Yucatan reported that SCT gave green light to the Trans-peninsular Fast Train in legal, technical and cost-benefit, which is entirely feasible from the legal, technical and financial perspective. It provides an investment of $12 billion pesos.

Therefore the SCT and the Yucatan state government agreed to go to the Investment Unit of the Secretariat of Finance and Public Credit (SHCP) for the registration of the project, so they plan that this week the first work session with the responsible officials would be held.

Once SHCP revise the draft and make corrections or amendments will register the project so that implementation could begin late this year or early 2012, said Rosado.

Baby boomers’ will have city in the middle of the jungle in Tulum

Tulum Real Estate Information

Baby boomers’ will have city in the middle of the jungle in Tulum

CANCUN, Q. Roo .- A complex of 30 000 houses with all services meant to be a Disneyland for retirees.

Barton Cranes House in Tulum Pueblo
CANCÚN, Q.Roo.- Con una inversión de hasta mil millones de dólares, grupo Pegaso, liderado por Alejandro Burillo Azcárraga, planea crear en Tulum un complejo de viviendas en renta para los llamados baby boomers. En su primera etapa consistirá en 300 casas inteligentes en medio de selva, hasta posiblemente llegar a construir 30 mil viviendas. Los baby boomers son la generación de postguerra, que actualmente abarca el 25% de la población de Estados Unidos, aproximadamente 88 millones de personas, donde apenas el 50% de ellas cuenta con las posibilidades económicas para vivir su retiro en su país de origen, por lo que buscan opciones mucho más económicas. Según Manuel Gómez Ortigosa, director técnico del proyecto, este complejo, que abarcará cuatro mil 500 hectáreas, no sólo tendrá viviendas, sino que también contará con salones de usos múltiples, palapas, jacuzzis, servicios de playa, clínicas de especialidades, servicio de ambulancia aérea y terrestre, enfermería, farmacia, telemedicina, comedores, supermercado, tenis, golfitos, zonas para pesca, veleros, snorkel, buceo y kayaks, entre otros servicios, los cuales, dijo, serán como una 'Disneylandia' para los retirados. "Una de las firmas más importantes del planeta que es HKS, son los que están diseñando el plan maestro para poder crear un hábitat que debe ser un Disneylandia para retirados, debe ser un lugar totalmente rústico, que preserve la selva, en donde se aproveche la tecnología sustentable, se tengan accesos a la playa, a la reserva de la biósfera de Sian Ka'an y a otros servicios", explicó. De igual manera, explicó que será en un periodo de entre seis y ocho meses cuando inicie la construcción de la primera etapa de este complejo habitacional, inicialmente llamado Tankah, el cual se perfila como una ciudad estadounidense encerrada en la selva de Tulum, toda vez que el proyecto arquitectónico correrá a cargo de la misma empresa que construyó el estadio de fútbol americano de Dallas, Texas, y tendrá tecnología de una de las principales empresas extranjeras en el ramo. "Uno de los servicios que tendremos es el de telemedicina, que se refiere a poner clínicas donde los usuarios podrán conectar con hospitales en Estados Unidos; así como estaciones de trabajo para que parezca que están en Nueva York o Minnesota, aunque estén en Tulum" Asimismo, precisó que hasta los trabajadores tendrán que estar certificados por Estados Unidos, situación que advirtió como provechosa para los habitantes de las zonas aledañas, pues, dijo, esto les permitirá ascender en la escala económica. "Hay gente en toda esa zona y gente maya que necesita una forma de trabajo y que esto le ayudará a subir en la pirámide a la clase media, pues como una de las cosas más importantes para los baby boomers es contar con enfermeros o enfermeras que estén certificados en Estados Unidos, además de herramientas básicas de inglés y computación, y eso se hará por medio de una escuela en la que aprenderán todo esto vía satelital para que estudien desde aquí y sea la Unión Americana la que los certifique", acotó. Por último, el proyecto Tankah no es el primero en su tipo en el país, pues ciudades como San Miguel de Allende, La Paz, Baja California y Ajijic, Jalisco; son algunas de las que los baby boomers han adoptado como hogares de retiro, pues les representan un ahorro en gastos de entre el 40% y 50%. "Ya muchos baby boomers le han apostado a Quintana Roo como su hogar de retiro, se pueden ver en Puerto Morelos, en Akumal, en Conchita Paamul y en la misma ciudad de Tulum, que están llenas de gente mayor ya retirada, que de alguna manera llegó aquí, así que a Burillo Azcárraga se le ocurrió que era una buena idea proveerlos de vivienda, pero en renta, ya que a los extranjeros les resulta muy difícil hacerse de una propiedad aquí", acotó.

CANCUN, Q. Roo .- With an investment of up to one billion dollars, Pegasus Group, headed by Alejandro Burillo Azcarraga, plans to create a housing Tulum in income for baby boomers. In its first phase will consist of 300 smart houses in the middle of the jungle, to possibly get to build 30 000 houses.

The baby boomers are baby boomers, which currently covers 25% of the U.S. population, approximately 88 million people where only 50% of them with economic opportunities to live their retirement in their country of origin looking at much cheaper options.

According to Manuel Gómez Ortigosa, technical director of the project, the complex, covering four thousand 500 hectares, will not only houses, but also have multipurpose rooms, palapas, hot tubs, beach services, specialty clinics, ambulance service air and ground, nursing, pharmacy, telemedicine, dining, supermarket, tennis, miniature golf, fishing areas, sailing, snorkeling, diving and kayaking, among other services, which he said will as a ‘Disneyland’ for retirees.

“One of the biggest names on the planet that is HKS, are those who are designing the master plan to create a habitat that should be a Disneyland for retirees, should be a totally rustic, to preserve the forest, where they take advantage sustainable technology, they have access to the beach, the biosphere reserve of Sian Ka’an and other services, “he said.

Similarly, said to be in a period of between six and eight months when you start building the first phase of this compound, originally called Tankah, which is emerging as a U.S. city locked in the jungle of Tulum, since that the architectural design will be handled by the same company that built the football stadium in Dallas, Texas, and technology have a major foreign companies in the industry.

“One of the services that we have is that of telemedicine, which refers to putting clinics where users can connect to U.S. hospitals, as well as workstations to look like they are in New York or Minnesota, though they are in Tulum”

Also stated that even the workers have to be certified by the United States warned as beneficial situation for the inhabitants of the surrounding areas, as said, this will allow them to move up the economic ladder.

“There are people in the whole area and Maya people need a way to work and this will help you move up the pyramid to the middle class because, as one of the most important things for the baby boomers is to have nurses or nurses are certified in the United States, as well as basic tools of English and computers, and this will be done by a school you learn all this via satellite to study here and be the American Union, which certifies them, “he said.

Finally, the project Tankah is not the first of its kind in the country, as cities like San Miguel de Allende, La Paz, Baja California and Ajijic, Jalisco, are among the baby boomers have adopted as retirement homes, because they represent a cost savings of between 40% and 50%.

“Already many baby boomers have bet on Quintana Roo as their retirement home can be seen in Puerto Morelos, Akumal, Paamul Conchita and the city of Tulum, which are full of older people already retired, that somehow so came here, so that Burillo Azcarraga occurred to him that was a good idea to provide housing, but rent, as foreigners find it very difficult to get a property here, “he said.

Tulum Real Estate – Building Halt Not to Affect All Developments

Tulum Real Estate Information

Tulum Real Estate – Building Halt Not to Affect All Developments

SOURCE: TOPMexicoRealEstate.com

A ruling in mid-May from Mexico’s Supreme Court of Justice (SCJN) has put a halt on development planned for Tulum’s Archeological Zone and National Park.  The halt, however, is not expected to affect key Tulum real estate developments outside of this area.

A ruling in mid-May from Mexico’s Supreme Court of Justice (SCJN) has put a halt on development planned for Tulum’s Archeological Zone and National Park.  The halt, however, is not expected to affect key Tulum real estate developments outside of this area.

The ruling stated that national parks in Mexico are under the regime, protection and exclusive federal control, although there may be coordination with state and municipal administration.  The specific outcome of the ruling is that the Supreme Court also unanimously overturned Tulum’s Urban Development Program Center Tulum Population 2006-2030 (PDDU), which had been approved by the municipal council.  The PDDU had changed the status of the land within the archaeological site of Tulum and the Tulum National Park in order to allow for construction and tourism development.

The good news is that most development in Tulum is not affected.  One major development of Mexico land for sale, Aldea Zama has officially stated in its newsletter that the decision applies solely to the land within the park.  Aldea Zama, like several other high-quality developments in Tulum, is located between the town center and the beachfront, outside of the park area.

Aldea Zama is a modern development, offering the best of road design, underground infrastructure and a trendy, upscale village center area.  The lots for sale in the development offer retirees and other buyers an excellent balance of nature, relaxation, rustic atmosphere and modern convenience.  It is good news for real estate buyers in Tulum that Aldea Zama is expected not to be affected by the court’s decision.

In evaluating the case of the National Park in Tulum, Mexico’s Supreme Court determined that it is the exclusive power of the Federal Government to regulate and protect national parks.  The court voted on a constitutional dispute between the Federal Ministry of Environment and Natural Resources (SEMARNAT) and Tulum’s Municipal PDDU.

However, the court also considered that while the Federation has control over these areas, they can be coordinated with local authorities for their management, because it is not an exclusive authority; the Constitution also gives states and municipalities a say in negotiating these areas.

This part of the decision opens the door for negotiation between Tulum’s Municipal government and Ministry of Environment and Natural Resources, offering more possibilities to create an Urban Development Plan for Tulum, acceptable to all parties involved.

The National Park in Tulum and the Tulum Archaeological Zone have been protected federal parkland since April 23, 1981.

TOPMexicoRealEstate.com; Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

Zama Village Tulum

Tulum Real Estate Information

Zama Village Tulum

Behind the secenes stills video of  Zama Village Aldea Zama Tulum.

Zama Village Picture Gallery

Zama Village Detailed Information

Piden ejidatarios mejor precio por sus tierras en Tulúm

Tulum Real Estate Information

Piden ejidatarios mejor precio por sus tierras en Tulúm

Fuente: La Crónica de Hoy

 

Libramiento de Tulum Bypass Airport Riviera Maya Road
Libramiento de Tulum y Aeropuerto de la Riviera Maya Tulum

Después de tantos años de espera por el Aeropuerto de Tulúm, se hará justicia a los ejidatarios de Macario Gómez y Jacinto Pat, ya que la SCT requiere -para completar la superficie necesaria para llevar a cabo la construcción del aeropuerto de la Riviera Maya y el libramiento anunciado de Tulúm- expropiarles y pagarles 336.2 hectáreas.

El valor de la tierra entre Tulúm y Chemuyil y Tulúm y Coba ha venido incrementando su valor desde que el gobierno del estado, junto con otros especuladores solicitaran la tierra para estos proyectos en 2003.

Como dice el Diario Oficial de la Federación de fecha 5 de junio de 2009, el gobierno del estado de Quintana Roo y diversos posesionarios solicitaron simultáneamente que se les vendiera terrenos nacionales, para que después, el Instituto de Fomento a la Vivienda y Regularización celebrara el dos de diciembre de 2004 y 14 de enero de 2005, convenios de cesión de derechos, en los que todas aquellas personas que tenían solicitudes de enajenación de terrenos nacionales cedieran a favor del Instituto de Fomento a la Vivienda y Regularización los derechos de posesión respecto de los predios que solicitaron ante la entonces Representación Agraria de la Secretaría de la Reforma Agraria, en el estado de Quintana Roo.

Por razones que desconocemos y que no están explicadas en el Diario Oficial de junio de 2009, el gobierno del estado solicitó a la SRA que se segregara de su solicitud de enajenación de terrenos nacionales el predio denominado La Escalera, dejando su solicitud de compra de tierras tan sólo en 1,283-66-42 hectáreas. El verdadero destino de esos terrenos apareció a la luz pública, al menos eso dice el Diario Oficial de la Federación, cuando el 11 de agosto de 2008 se escribió “necesarios para la realización de un proyecto sobre infraestructura aeroportuaria”.

Localización Aeropuerto Riviera Maya Tulum
El proyecto, que estará ubicado en Tulum, requerirá una inversión por 250 mdd

Se tiene el ejemplo de lo que pasó en Puerto Morelos, municipio de Benito Juárez, a 50 kilómetros de los ejidos en cuestión, donde el Instituto de Patrimonio Inmobiliario de la Administración Pública del Estado de Quintana Roo, IPAE, según el decreto expropiatorio publicado en el Diario Oficial de la Federación el día 5 de marzo de 2010, se comprometió a pagar la cantidad 1,464 millones de pesos por 2,534 hectáreas, esto a razón de 57.77 pesos por metro cuadrado.

Ahora bien, al Instituto Nacional de Administración y Avalúos de Bienes Nacionales (INDAABIN) le corresponde elaborar los avalúos de expropiación. Deberán evaluar los predios de los ejidos y dar un precio justo por ellos; digamos que al menos a razón de 200 pesos por metro cuadrado, con lo que ahora sí los ejidos de Jacinto Pat y Macario Gómez recibirán en total de 672 millones de pesos que corresponden a la expropiación de las 336.2 hectáreas. Hasta ese momento se podrán iniciar los trabajos del libramiento y el Aeropuerto de la Riviera Maya.

EL CASO VITRO. El Primer Tribunal Unitario del Circuito resolvió otorgar la suspensión provisional a los acreedores de Vitro que solicitaron el concurso mercantil involuntario a esta empresa, con lo que deberá de resolverse primero el caso de los acreedores reales que luchan porque los accionistas de Vitro, Adrián y Federico Sada, les respeten sus derechos tal y como marca la ley.

La suspensión provisional del Primer Tribunal Unitario de Circuito permitirá que el Segundo Tribunal Unitario del mismo Circuito de Monterrey, Nuevo León, se abstenga de dictar sentencia en dicho proceso hasta que no se resuelva el amparo promovido por los acreedores de Vitro. Primero tendrá que resolverse el concurso mercantil involuntario que toma como base las deudas de esta empresa y no las creadas artificialmente por su propia administración para diluir sus responsabilidades

 

Mexico Real Estate Coalition Announces “Live Mexico” Campaign

Mexico Real Estate Coalition Announces “Live Mexico” Campaign

Tulum Real Estate InformationSource: San Francisco Chronicle

Houston, TX (PRWEB) January 6, 2011

Tulum Mexico Real Estate
Tulum Mexico

For the first time, a nationwide array of companies are joining forces to promote living and real estate investment in Mexico. Individuals from some of the most respected companies including Grupo Questro, Capella Pedregal, Punta Mita, Querencia, RCI International, BBVA/Compass Group and Stewart Title Latin America have compiled a stellar group of talent to combat the negative media, security concerns and perception challenges that have faced Mexico the past year. www.livemexico.org

The Mexico Real Estate Coalition (MREC) has a very clear and simple goal: to promote the many benefits Mexico offers to those seeking a place to retire or own a second home. The second home/retirement home sector is a multi-billion dollar industry in Mexico, spread over several major markets and many smaller ones. Until now, there has never been a national association to advocate this specific segment. As a national industry-wide Coalition, the MREC has the combined power to ensure that Mexico continues to attract people from United States and Canada and educate them on the main benefits of living in the country.

“The overarching goal of the Mexico Real Estate Coalition is to educate and excite Americans about the many benefits of living, retiring and investing in Mexico,” said Juan Diaz Rivera, Chairman of the Mexico Real Estate Coalition. “Living in Mexico is a compelling lifestyle option – far lower cost of living than in the US and all of the natural attributes that the retiree/second home purchaser seeks. Mexico has certainly suffered some challenges over the past year and we plan to address these head on and put Mexico back in the spotlight. A lot of what the media has led people to believe is just not accurate.”

The group will launch efforts January 2011 with the unveiling of LiveMexico.org. This highly interactive site will serve as the primary promotion and educational vehicle for the MREC. Visitors to the site will be able to read hundreds of testimonials from Americans about the benefits of living in Mexico, gain information on Mexico real estate and also review key facts and figures affecting the country. As part of the initial efforts, MREC has also recently launched an aggressive advertising and public relations campaign to educate and help shift the current perception facing the country in the mainstream media.

MREC is not a short-term effort to respond to current negative press, rather an initiative that is designed to promote Mexico as a retirement option over the long term and to ensure it competes with key US markets for the baby-boomers over the next 10-15 years.

Coalition members come from all parts of Mexico, including Los Cabos, Cancun, Playa del Carmen, Rosarito, Ensenada, Mazatlan, Puerto Vallarta, Mexico City and many other destinations. The group is not just limited to developers as some of the top banks, title companies and law firms have also joined. Non real estate developers include Stewart Title Latin America, BBVA/Compass Group, Sotheby’s, Mexico, CREEL Law Firm and many others.

“Mexico presents an incredible lifestyle for the American retiree and real estate investor. We believe it to be the best in the region not only versus other Latin American and Caribbean markets, but also when compared to retirement destinations in the United States,” said Christopher Hill, Mexico CEO of Stewart Title Latin America and a founding member of the MREC. “However, we are going to have to put some work into correcting some of the unfair damage done to the image of Mexico recently in the US media. Our greatest asset is the thousands of Americans and Canadians who currently live in Mexico and love it. In the end, the reality of Mexico as a great place to live – full or part time – will shine through. .”

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For the original version on PRWeb visit: www.prweb.com/releases/prweb2011/01/prweb4945844.htm

 

Tulum One of the Best Opportunities in Mexico Land Investment

Tulum One of the Best Opportunities in Mexico Land Investment

Tulum Real Estate InformationPublished at: www.stockmarketsreview.com

Many American and Canadian buyers over the past couple of decades have bought, build, sold and made a fortune on Mexico land. These opportunities have, by no means, disappeared. Buyers right now only need to know where to look to do the same.

Where, then, is a good place to look? There is one little town which has already been a favorite for American, Canadian and European tourists for decades, with an awe-inspiring pyramid site, with its main building on a cliff overlooking the beach and the turquoise Caribbean. Investors and retirees have already begun buying land – everything from raw land, to eco-communities, to upscale developments with full, modern underground infrastructure and wiring (including fibre-optics!)

If you know the area, you may have guessed that this is Tulum. Tulum real estate is promising to follow the huge investment success seen in the booming communities to the north, Cancun and Playa del Carmen, and perhaps even outstrip them.

With a new international airport in the early stages (bidding for private concession for construction and operation during most of 2010), and a very rare balance of care and respect for the environment with high-quality modern infrastructure and comfort, Tulum is really poised not only to boom in tourism over the next while, but also in real estate for international buyers.

Areas to watch for Mexico land in Tulum include:

The downtown area. Currently, only a village, the areas surrounding the current town center are seeing a number of excellent high-quality developments designed to be a part of the new downtown. To guide the expected growth, a carefully planned urban growth strategy has been developed to ensure that the quaint, small town atmosphere is retained, adding new village center areas in larger developments. The area surrounding the current village will continue to be more desirable as development continues.

Read Full Article at its source: www.stockmarketsreview.com

Spanish Banks Back $2.5B New Leisure Destination in Mexico Caribbean

Spanish Banks Back $2.5B New Leisure Destination in Mexico Caribbean

Tulum Real Estate Information

Posted by Alex Finkelstein 03/26/09 3:13 PM EST

Inversiones Riviera Maaya Tulum
The first phase, already under way, is Mareazul, which will offer 300 beachfront condos. Nick Price is designing the 18-hole golf course. Adjacent to the clubhouse, with full views of the course, will be the Nick Price Residences comprised of 123 homes.

(RIVIERA MAYA, MEXICO) — While Mexican drug wars currently make the headlines, a new vacation oasis is being born quietly in the Mexico Caribbean market.

With the backing of Spain-based Bancaja and Banco de Valencia, Mexico developer Grupo Grand Coral has started Grand Coral Riviera Maya, a planned $2.5 billion oceanfront-retail-entertainment development in Riviera Maya, 30 minutes from the Cancun Airport and five minutes from the coastal entertainment community of Playa del Carmen.

Grupo Grand Coral CEO Jordi Mercade says the project will take 10 years to complete and will showcase 6,900 residences. A total $700 million has been invested in the project to date.

The first phase, already under way, is Mareazul,  which will offer 300 beachfront condos.  Nick Price is designing the 18-hole golf course. Adjacent to the clubhouse, with full views of the course, will be the Nick Price Residences comprised of 123 homes.

“The project will have an urban resort feel, something unique to the area,” says Price.

Although the project encompasses 561 oceanfront acres, 75 percent of the land will be preserved, says Mercade.  “It is very important for use to work in harmony with the land and we will encourage this lifestyle with all developers and future residents of Grand Coral.”

He says Grand Coral Riviera Maya “will truly be the first of its kind in the region.”  As such, Mercade says the master development “presents a great opportunity for developers and investors to be in an impressive gated community with multiple real estate options.”

A mix of land lots is available for development.  “There is really an opportunity for developers and investors at every level and we will work with each individually to meet their needs,” Mercade says.

He calls Riviera Maya “truly paradise…having the world’s second largest barrier reef which lies in the ocean waters bordering Grand Coral.”

Quintana Roo Forges Ahead: A State at its Peak & in Constant Evolution, Tulum included

Quintana Roo Forges Ahead: A State at its Peak & in Constant Evolution

Published by Ozgur Tore, Tuesday, 21 September 2010

@ http://www.ftnnews.com

Tulum Real Estate Information

Quintana Roo, Mexico has positioned itself internationally as a state which is incomparable in the tourism industry, offering first class infrastructure and services, capable of competing with and surpassing the most successful international destinations.Tankah Inn Bead & Breakfast Tankah Tulum BeachThe state is well known for making the most of its natural diversity, capitalizing on the investment and confidence of the international tourism industry, commented the Minister for Tourism, Sara Latife Ruiz Chávez.

The Minister emphasized that this has led to the development of world famous tourist locations, both in the leisure travel segment and in the congresses, conventions and incentive travel market.

While being interviewed about what Mexico’s main tourist destination can offer, Ruiz Chávez commented that Quintana Roo is a state with unique natural wealth, the cultural and historical heritage of the Mayan culture and the glamour and luxury of a cosmopolitan resort, enabling it to offer a diversity of travel experiences for all kinds of tourism; from adventure and ecotourism, to fashion, gastronomy and culture, among others. As a tourist destination the Mexican Caribbean offers 81,614 hotel rooms distributed throughout the 190 kilometres of this paradise full of nature and history.

Mapa Riviera Maya Aeropuerto en Tulum
Mapa Riviera Maya

The state is proud to be the home of resorts of the stature of CANCUN, recently rated by Orbitz as its number one destination worldwide and number two on its list of the 10 best summer destinations for 2010.

It is also noteworthy that CANCUN is one of the destinations with the best air connectivity, served by more than 146 direct flights from around the world and with an airport that has a capacity for handling up to 18 million passengers per year. With Cancun’s ever increasing number of flights its accessibility continues to grow. Recently Delta Airlines increased its number of direct flights to Cancun by four, from the cities of Austin and San Antonio (Texas), Columbus (Ohio), and Tampa (Florida). Next November, British Airways will begin weekly direct flights from London, Gatwick. Additionally, Virgin America will launch its direct flights to Cancun from Los Angeles and San Francisco in January 2011.

The destination has had great success with the implementation of the circuits programme called “Cancun and the Treasures of the Caribbean”, which offers tourists the chance to enjoy the natural, cultural and gastronomic wealth of Puerto Morelos and the Mexican Caribbean’s four islands: Holbox, habitat of the whale shark and the perfect place for water activities; Isla Mujeres, a picturesque town of fishermen with 480 years of history; Contoy, a sanctuary for 250 species of fish and 150 kinds of birds, and Cozumel, a scuba diving paradise with a barrier reef that is the second largest and most visited in the world.

The Minister for Tourism pointed out that the Riviera Maya is another jewel on the coastline of Quintana Roo, offering the archaeological zones of Cobá and Tulum to the world; Playa del Carmen, the cosmopolitan heart of the Riviera Maya, as well as the ecotourism parks of Xcaret, Xel-ha, Xplor, Rio Secreto and the Sian Ka’án Biosphere Reserve (located on the Mayan zone), declared a World Heritage Site by UNESCO. The Riviera Maya Jazz Festival will take place here from November 25 – 28, where jazz fans will be able to enjoy performances by important artists in the setting of one of the most spectacular beaches in the world.

Quintana Roo has positioned itself as an important congresses, conventions and incentive travel destination, with both Cancún and the Riviera Maya being constantly selected as venues for important international events. Recently Cancun Messe opened its doors as the largest exhibition centre in Latin America; located in Puerto Morelos it is only 10 kilometres from Cancun’s international airport and 40 minutes from the Riviera Maya. In its first section Cancun Messe has 98,490 square feet of space for exhibitions and 134,991 square feet of outdoor space. The exhibitions area is made up of 33 halls equipped with the latest in world class technology and services, enabling it to organize large sized exhibitions, congresses, events and fairs. In the month of September the exhibition centre hosted the “Latin American Food Show” but it will be officially inaugurated when it hosts of the most relevant and important Climate Change Summit in the world:  the sixteenth “Conference of the Parties to the United Nations Framework Convention on Climate Change” (COP 16) which will take place from November 29t to December 10t, 2010.

Cancun has more than 20 congresses and conventions on its books for the period from November 2010 to April 2011. Among them are several Latin American and international medical congresses, such as “The XXVII Ibero-Latin American Congress on Dermatology” from November 10 – 14, 2010,   “The Annual Meeting of the American Society for Reconstructive Microsurgery” in January 2011, the “10th World Congress of Biological Psychiatry” in 2011 and the “World Congress of Poultry Farming” from August 14 – 18, 2011, to mention but a few.

About Quintana Roo

The Ministry of Tourism is a department of the Executive Power of the Free and Sovereign State of Quintana Roo, whose main aim is to establish, direct and supervise the criteria and policies for tourism promotion and development in the state, as well as act as a liaison for the departments and entities of the Federal Government related to the tourism sector.

Thus we present on this website all the information related to tourism activity in the state that the State Government, through this department, generates to fulfill its function and objectives, which will serve as an instrument for consulting and working among the Tourism Sector in the State.