subject: New Playa del Carmen Homes - Excellent Investment, $200,000 [print this page] New Playa del Carmen Homes - Excellent Investment, $200,000
When buying a home on the beachfront, besides having access to a top-quality beachfront lifestyle, it also isn't a bad idea to make sure that this home will be a good investment in terms of your financial future. One new development of Playa del Carmen villas, located on Mexico's famous Yucatan Peninsula, just south of Cancun, offers just that.
This development, Villas Tranqulidad, is situated at the north end of Playa del Carmen, about 10 minutes driving from downtown. The community, called El Cielo, is new, and so far includes only 2 developments, Villas Tranquilidad, and one other. Because of this the price is low compared to other similar communities, priced only at $260,000 USD. After a 25% pre-construction discount, the price is only $195,000.
As further development begins, and more services appear in El Cielo, the price of new homes and units will rise; consequently, the price of existing homes such as Villas Tranquilidad will also rise in market value. For the case of future resale, this is ideal; even if you are not planning to sell, it is a good insurance for the future to have this as a profitable option, should your situation ever change.
In terms of rental income, these Playa del Carmen homes also show good potential for the future. Villas Tranquilidad is located only 900 yards from the beachfront. Between Villas Tranqulidad and the beach El Cielo will include further residential areas with 14 designated green areas and an extension of Playa del Carmen's Fifth Avenue, with shops, cafes, restaurants and bars, all within a comfortable walk.
There is also a bike trail already in place, making for a relaxing bike ride down to the beach or Fifth Avenue. Along the highway will be a commercial area, with convenient shopping options. El Cielo is gated with 24 hr. security, providing an excellent combination of convenience and security both for owners and for renters. In the immediate future, rental income will probably not be very active for these villas, but, again, as development in El Cielo continues, the demand for this area will rise, and profitable income will be available.
Purchasing is currently being made easy through a couple of financing options, including Mexican banking institutions, which will finance up to 75% at a rate of about 6%, or direct financing through the developer, also with favorable.
Of course, each of these points is as attractive for owners buying for personal use as it is for investors. This is why these homes have sold quickly. As of early July 2010, only 2 of 6 homes in Villas Tranquilidad are remaining.
TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
