Tulum Real Estate ? Alternative Investment in Condos

While much of the current focus in Tulum real estate investment is on land purchases – an excellent choice to say the least – there are also other investment options with very high potential. One of these are the high-quality Mexico condo developments beginning to appear in the downtown area.

 

Two new developments demonstrate the possibility. One is located at the center of the downtown’s main activity for development and growth. It is a very short walk from a large supermarket, and a new Walmart that is being built, as well as Tulum’s main street. The beach is a short distance away, ideal for biking. Preconstruction discounts point to a virtually guaranteed appreciation, not even considering the rise in value to be seen in Tulum in the near future. Units start at $ 115,000 USD.

 

Another new development offers a modern design, providing a rich contrast to the surrounding jungle. Only a little further from the beach, it is located on the other side of downtown (still only about 5 minutes, at the most.) The complex offers a variety of properties, including studios, two story, 2 bedroom units, and some villas with 3 bedrooms. Features such as granite counters and stainless appliances are included in the kitchen, and all rooms are air-conditioned. The complex has a shared pool, parking and gated security (24 hours.) Once again, low pre-construction prices starting at $ 135,000 USD point to rapid value increase.

Tulum has been gaining growing amount of attention as a tourist destination in recent years. Tourism in this little village started with the creation of Cancun 40 years ago, with day excursions to visit the ancient Mayan pyramid site, which overlooks the ocean. Over time a eco-friendly hotel district and an area of shops and restaurants developed, later leading to full resort sites. Tulum has placed focus on retaining its environmental focus, and for this reason has gained special attention from many international real estate buyers. Most recently, plans for an international airport just outside of town promises to bring a new wave of tourism, and higher demand for properties – hence, all the focus on buying land.

 

What sets these condos and similar projects apart as ideal Mexico property investments is that they are properties ready for use, and already hold potential for generating vacation-rental income, meaning as tourism grows, the value of these properties will grow even further. In addition, they require less additional investment, and will hold an easier appeal for resale.

 

While there’s no doubt that land is a great investment in Tulum, condos should also not be overlooked as an option, especially for those looking for the possibility of quicker return.

 

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

 

Mexico Real Estate NETWORK; “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!”
Region: Tulum Real Estate by Hector Moreno has been working in Real Estate in the areas of Tulum, Akumal, Sian Kaan for nearly 6 years. He is a certified realtor and owner/broker of Moreno Realty Associates. 512-879-6546

Canadian Real Estate and What Happens Next Seminar with Ben Rabidoux

Canadian Real Estate and What Happens Next Seminar with Ben Rabidoux

Canadian Real Estate – What Happens Next Seminar Is Canada insulated from financial failures afflicting the US and Europe? Are we sitting on a housing bubble…
Video Rating: 4 / 5

Commercial Real Estate USA

The Financial Crunch Surrounds the Real housing estate U.S. Is the commercial Real Estate the Next pole to go down? The U.S real Estate Commercial Property has loomed down to about 40-45% since Year 2007. The Commercial estate Crises isat its brink; currently 18 percent of all the Offices Spaces in the whole of the U.S.Aisempty now. It is predictedby a few commercial Pundits that this Crises has just startedand The Largest Commercial Real Estate Loan losses will be during the Year 2011 and onwards. These Losses could reach to about as high as 200 to 200 billion Dollars. All Facts and Figures point towards the Parameters that the commercial Real Estate Market in USA will go down with a much faster Pace in the coming years. As the Real Capital experts have analyzed, The Set Rate For all the commercial Real estate Mortgage Held by U.S Bank Authorities has more than just increase two fold in the Last 4 months of the year 2009. It is Highly Possible that this Default Rate for the Commercial Real Estate Mortgage may reach to the highest peak of 5.4 percent by the end of Year 2011.

Nearly 3000 U.S Banks are declared to be having a Risky Concentration of Commercial Real Estate Loans. Ranging from small to mid-size banks, they have been severely weakened by the financial crises that has Surrounded them recently. It is also predictedby the Real Estate Pundits in the U.S that this Crises in the Commercial Real Estate could Also Lead to the Massive Failures among the small and Mid size Banks. So it also turns out that the banks are not responding so Less to this commercial Real Estate Nightmare. It has been acknowledged FDIC that the Number banks troubled due to the financial crunch Has Increased up to 703 from 252 in number in the year 2009. The Banks are increasing the Loan Standards and Reducing the Number of loans that they are making. The Fact that many Commercial real estate Owners are now giving up on the Properties that are no longer Valuable just like many other Residential Real estate Owners in U.S.A, has caused the Default Property Rates to increase even Further.

These Kind of Defaults has becomemore and more common now, and are expected to rise even further in the next few years. The Commercial Real Estate Properties Usually Used to carry a Mortgage of about 5 to 10 years, Most of the Loans Made between the Years 2000 to 2005 are now coming up for a roll over as the credit Standards have become more and more restricted and the Borrowers of those loans simply do not qualify for refinancing of these loans anymore. The Report, “Commercial Real Estate at the Precipice” Indicates that even after lenient lending Standards of the Banks, 57 percent Commercial Real Estate Mortgages still don’t qualify for refinancing. All these Facts, figures and deductions indicate that both the commercial and the Residential Real Estate Markets in the U.S are facing a financial Crunch which is bound to rise at unprecedented levels in the coming years.