Cheap Mexico Real Estate Up-and-comping Campeche And Costa Maya
Mexico Real Estate continually brings new opportunities for those looking for both
up-and-coming markets and for quieter, more affordable locations that are still relatively convenient and comfortable to live in. Two examples are the
Campeche Real Estate area, the Yucatan peninsula's "rising star," and the
Costa Maya Real Estate area, which is already drawing attention from international buyers, but still retains its original secluded beauty.
Campeche, on the west, or Gulf-side of the Yucatan Peninsula, is just beginning to be discovered by international real estate buyers, as well as buy large-scale international investors. The city of Campeche, which is the capital at the north of the state with the same name, is a colonial town with the old center surrounded by castle-like walls to protect against pirate raids; this part of the city has recently been entirely restored, with all wiring underground, repainted facades, old fashioned lamps, bricked roads and nice little parks.
In Campeche, colonial real estate is definite possibility, and shows a great deal of promise for drawing attention from American and Canadian buyers in the near future, less than an hour south of Campeche there a wide beachfront with soft sand begins. There are beachfront lots selling here at a fraction of the price in other places (as low as $65,000 US.) Many lots already have electricity, water, phone and internet connections, or have them on the way.
Between the place where the wide beachfront begins and the city of Campeche, there is already one high-end condo/golf/marina development delivering units, that are selling for around $500,000 U.S. This points to a high potential for increased property value, and a growing number of activities in the area. The town of Champoton, near the new condo development, is also just beginning a project to beautify its colonial town center and expand its beachfront boardwalk.
Costa Maya is "across the peninsula" from Campeche, on the Caribbean coast where Cancun, Playa del Carmen and Cozumel have already established themselves as Mexico's real estate favorites, and where Tulum is just beginning to tap into its potential. Costa Maya, a couple of hours south from these thriving real estate markets, offers close access to an international airport in Chetumal, and a second one coming up in Tulum. There is only one main road running parallel to the beachfront, there is virtually no traffic, and Costa Maya is a relaxing choice for those who really want the feeling of a secluded beachfront.
The new airport in Tulum, and a growing amount of attention from international real estate buyers means that in the near future more conveniences should become available (such as a larger grocery store right now the nearest large store is an hour and a half away in Chetumal), while at the same time, the area shows promise to keep it's secluded charm.
While considering your Mexico real estate purchase, you may wish to consider areas such as these, whether its for investment in a promising new area, or a sound property purchase in quiet area where prices are still low.
TOPMexicoRealEstate NETWORK; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
by: Thomas Lloyd
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