When buyers consider cheap Mexico beachfront lots in up-and-coming tourism areas, much can be said about the lifestyle investment, and living in a beautiful home, on a large lot directly next to the soft sand of one of Mexico’s splendid beaches.
While these points are completely valid, there’s also another very important factor to consider; Mexico’s tourism is currently emerging as a world leader in the industry and investment in real estate that’s related to this growth offers very high potential for return.
Consider the following points:
Mexico is focusing all its energy on tourism growth
2011 marked the beginning of a new era for Mexico’s tourism when President Felipe Calderon signed the National Tourism Agreement. This is an agreement between the federal government and the 31 states that each government will make decisions, policies and public investments based on the primary goal of increasing tourism. This creates a very good likelihood that new tourism areas will begin to grow and gain popularity even more quickly.
Within a decade, the country will be in the world’s top 5
The purpose of the National Tourism Agreement is to bring Mexico into to the world’s top 5 nations within the decade. As of the beginning of 2011, Mexico was positioned #8. This means large investment and promotion in order to beat out some stiff competition. As of early 2012, Mexico was showing that it was up to the task, with a year of heavy investment and promotion, greatly increased private sector investment, and significantly growing tourism numbers.
Undiscovered real estate areas are already gaining international attention
As Mexico continues to grow, new beachfront areas will begin catching the attention of international tourists. Mexico has excellent beachfront areas that are surrounded by beautiful nature, near Mayan ruins and charming, well-kept up colonial cities. Because of Mexico’s economic strength over the past decade or two, there are also good roads offering direct access, phone service, high-speed internet and nearby international airports. Stores like Walmart and state-of-the-art hospitals are located in cities that currently seem out of the way and unnoticed.
Any real estate on the beach will likely soon be in high-demand
As more tourists notice these areas, there will be demand both to rent and to buy real estate on the beachfront. People who buy cheap Mexico beachfront lots and build now may be investing as little as $150,000 USD when all is said and done (lot, building, etc.) We all know how much beachfront homes are going for even in less expensive tourist areas.
So, besides a relaxing life on the beach, all indications point to a very good investment. What we have to wonder now is, what are people waiting for?
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: Playa del Carmen real estate Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments.He has been living, investing, and working professionally in Mexico for over 15 years.A Mexican Certified Realtor he is the current president of TOPmexicorealestate.