Since 2007 the Playa del Carmen real estate area has been host to an annual Jazz festival.  As our office introduces many new non Mexicans interested in living in Playa del Carmen, or are interested in buying property in Playa del Carmen, one of the strong attractions to this growing international metropolitan is the international events and festivals.  Playa del Carmen has a whole line up of year long activities. 

The Cancun real estate area is the focal point of an ever stronger network of tourist destinations throughout the Yucatan Peninsula, and those living in Cancun always enjoy the benefit of easy travel to various nearby colonial cities,  world-renowned pyramid sites, eco-parks, and other tourist destinations.  There are little Mexico real estate markets that have as many tourist attractions in such a reduced area such as the Yucatan  real estate area.  Due to this unique situation, plans are underway to make transportation from the Cancun real estate area to various key destinations easier and faster.  There are currently plans awaiting approval for the construction of two new branches from the Merida-Cancun highway, and a new expressway.

I had put up an article in a magazine about two months ago and thought it would be good to share with the readers of our TOP Mexico real estate blog.  Here is the article below.    The Riviera Maya and Playa del Carmen real estate market have had some of the world’s most interesting growth rates and fascinating examples of regional trends.  Playa del Carmen homes  and Playa del Carmen condos have had continuous increases in demand but those in Quintana Roo have grown the strongest.   During the 1990’s the little village was known as the pier town where you grabbed the ferry to get to Cozumel.   Now, during this decade, this little village has become more intertwined with the international business world, and consequently, adjustments to the real estate market have been witnessed from the direct effects of the world economic downturn.  The loss of jobs and loss of corporate sales in the economies of the United States and Canada have reduced the number of buyers here in Mexico.  The bankruptcy of several international banks on the world wide scene has also tightened the regulations on credits and the amount of available capital for investments.  These and other economical occurrences have had a decrease effect on the demand here in the Playa del Carmen Property market place, but interesting Mexico mortgages for real estate buyers have also been introduced in greater varieties from bank institutions and creative transaction models from seller-financed sales are becoming more common.  With economic turbulence, also comes opportunity.  Surrounding yourself with regional-market-intelligent Mexico real estate agent  experts is the first important step towards a safe Mexico real estate acquisition and profitable investment, and this recommendation is even more prudent during times of market adjustments.

Slow down in the economy here in Playa del Carmen?  Real Estate prices continue to be supported or I should say that the factors that play heavy into the stability of market prices continue to grow here in the Riviera Maya.  I speak with many Americans and Canadians everyday who are wondering about the Playa del Carmen real estate prices;  how are the Mexico Homes values being effected with the world financial turmoils and the Mexican economy being tied in so tight with North America?   How are these situations playing upon the Mexico real estate market? 

 I have been writing in previous posts about our process of doing a small fixer-upper project in the middle of the booming Playa del Carmen real estate region.  Click here to see the previous stories on this Mexico fixer upper project.  If you are dreaming about buying an inexpensive Mexico real estate property, you most likely have some thoughts or  rough ideas in your head on what type of project you want as a final product.  Some of you may have already scouted out a particular neighborhood or some Mexico land and have a good idea on how you want to use the property whether it be for personal use, a long term rental property, a vacation rental, bed and breakfast the options are limitless.  When you choose which plan or the face lift project you want to incorporate into your Mexico fixer upper, the “final use” of the product is one of the most important question that needs answering and below I have listed out several other questions you should be asking yourself and your partners. 

Are you interested in Playa del Carmen luxury condos?  Do you love the sea? Imagine living in a marina, with your yacht steps away from your front door; you’re also just steps away from small shops, restaurants and various activities in a pleasant, relaxing and exclusive community.  There are many Mexico real estate options but only handfulls are in marina communities.  And, of course, the beach and golf course are a part of it all.  In the Riviera Maya, there are not many options available for those boat lovers who are looking to have a slip or a dock to tie up their boats.  Puerto Aventuras Marina community, with all the convenience of direct access to the sea, and the comfort of a closed gate community services .  Puerto Aventuras real estate market has announced that it’s going to add more than 100 plus single family residential lots with canal frontage and several multi-family lots with ocean and canal frontage to the Marina community.  This is a perfect opportunity for anyone who would like to make this unique community their home, or home away from home.

A key factor in Mexico real estate, especially a market like that of Playa del Carmen, is the strength of tourism in the area.  For this very reason, contrary to what one might think, now is the IDEAL time to buy here; because of the international recession and the swine-flu travel advisory, the current market is at a low point, which means reduced prices, sometimes very reduced.  However, in addition to the confidence which the history of the Playa del Carmen real estate market offers us, the government of Mexico has just launched the “Vive Mexico” program, which will add to our confidence that the market will soon be on an upward trend, and that this is an ideal time to invest.

Exciting news for the residents and future buyers in the Coco Beach Zone of the north Playa del Carmen real estate market.  There is a new cool and hip beach club / bar that is open to the public. It is called Anibal Royal and has a very cool appearance and ambience. I decided to take a break and venture down yesterday to have a peak, and I ended up really enjoying the atmosphere. I ordered a smoothie and ceviche, which both were excellent, while soaking up the sensational breeze and views of the Caribbean ocean. The staff were super friendly and courteous and the music was grooving from the dj in the booth. 

Since the Playa del Carmen Real Estate boom earlier this decade, there has been a continual commitment of infrastructure investment, improving the convenience of living here, as well as the visual appeal of the city.  Despite the world recession and the lull in tourism throughout all Mexico real estate  regions, this investment into the area services has continued strong this year.                                           

Property in Playa del Carmen may see a change in its forest land use laws.  During the opening session of the Workshop on Analysis of Forest Land Use Change, held at the Business Center of AMPI, Roman Quian Alcocer, Mayor of the municipality to for the Playa del Carmen Real Estate area belongs, supported such a change, saying that development and the environment must work together and complement each other.

According to Maslow’s hierarchy of needs, at the base for life necessities for people is the need for protection and shelter. In our Playa del Carmen real estate business, we define home as our shelter, but in today’s present world, our shelter has become much more than just a roof over our heads.

Cozumel real estate is famous for its beautiful nature, and it is of invaluable importance for both home buyers and visitors to preserve this aspect of the island. A recent announcement has indicated that further funding will be dedicated to help study and preserve the biodiversity of the island's coral reef. In early June, Mexico's top tycoon Carlos Slim and the World Wildlife Foundation (WWF) announced that they would invest 100 million dollars in preserving biodiversity in 17 natural area groups in 6 different regions of our Mexico real estate market. Cozumel will benefit through a part of these funds will be dedicated to the island.

Buying a fixer-upper in the Playa del Carmen real estate market can be a great adventure and a fantastic method to learn more about the architectural styles from different regions south of the borderVA If you enjoy putting some elbow grease into an old building, enjoy the challenge of reorganizing and redistributing layouts of buildings, and enjoy the challenge of searching for a diamond in the rough in any Mexico real estate market for attractive profits, read more below. One of my earlier stories regarding a Mexico fixer-upper project talks about how to find a good property in Playa del Carmen ideal for such a project. A good rule of thumb to follow is for every dollar invested in the project, it should reflect a two dollar increase in property value. Now your question should be if the local market value will support such an investment. If positive, then you should proceed on putting together your fixer-upper team.

A significant section of Mexico's economy is tourism. For this reason the drop and recovery of the tourism industry Mexico has gone through since June is of considerable importance to those interested in Mexico real estate in tourist destinations This summer vacation, Mexico's favourite beachfront vacation spots have recovered significantly from the impact of the swine flu travel advisory which virtually halted Mexico's tourism industry in June Areas such as Puerto Vallarta, Mazatlan, and the Playa del Carmen real estate markets were effected by such down turns During the month of July, the Secretariat of Tourism reported that average numbers from throughout Mexico show hotel occupancy at about 70% While these numbers reached up to 80% or more during this period last year, the numbers still show a significant recovery.

In the Mexico real estate purchase process, the ONLY authority permitted to draft a deed transferring real property or an interest in real property is the Mexican Notary Public This person is different from a Notary Public in the United States where a simple exam, bond, and a rubber stamp can make a Notary Public out of most people Nor it is similar to Canada's Notary Public who must meet a few more stringent requirements to qualify Not so many, however as the Mexican Notary