Mexico is regarded as one of the best retirement and tourist destination for North Americans. Many cities and towns in Mexico have been on high infrastructure growth trajectory which means retirees from USA and Canada can expect not only beautiful locales, a sunny climate but also world class facilities and amenities.
For retires and investors alike, Mexico Real Estate market represents an opportunity not only of living in luxury and warm weather but also invest in one of the most lucrative real estate market. A Popular tourist destination - Cancun right now is holding the best growth possibilities. Recently, Maioris Group International – one of the big real estate developers held the grand opening of Maioris Tower luxury residential complex. It is situated in the heart of Puerto Cancun, alongside the Caribbean Sea. Cancun Port is considered to be one of the most sought after and largest real estate developments in the Mexican Caribbean with 2km of virgin beach and a 300-berth marina. It also boasts of an 18-hole golf course designed by Tom Weiskopf. Cancun Port is divided into an exclusive area for villas and apartment buildings. It has a beach club, shopping area, hotel area and marina.
The Maioris Tower residential complex is a 20-storey building with spectacular views of the Caribbean Sea and Isla Mujeres. It has ninety two - 2, 3 and 4-bedroom luxury apartments, ranging from 182 sq m to 350 sq m, 6 single-floor 413 sq m penthouses, and a triple penthouse of over 900 sq m with a private swimming pool.
This shows increased confidence of the real estate developers in the potential growth of Cancun Real Estate. Despite the global economic turmoil in 2009, the group moved ahead with the development confident that Cancun region will show positive long term results.
This condo development is an ideal investment for both real estate investors and retires.
Cancun and the state of Quintana Roo currently shows a strong level of support from committed investors and, in terms of real estate, Cancun will fair better than other cities in the Caribbean, not to mention many U.S. real estate destinations.
Over the last few years, Cancun has been a preferred destination for real estate developers as it is an established tourist destination which is strategically located in the State of Quintana Roo which also has Cozumel and Playa del Carmen. Cancun has an international airport which means better connectivity with the rest of the world. Cancun has also become an international business and travel hub.
Realty Executives Mexican Caribbean offers many investment oportunities like Cancun Real Estate, Beachfront Condos, Homes, Rental Villas, Apartments etc. If you have any questions or advise regarding Real Estate in Cancun, Feel free to contact Tom Budniak for the best deals in Mexico Real Estate.
Monday, February 22, 2010
Monday, February 15, 2010
Puerto Vallarta a Real Estate Destination for Golf Lovers
Puerto Vallarta Mexico real estate always offered something extra special. Be it its old world charm or beautiful natural settings or art & music, Puerto Vallarta never fails to enchant its lovers. Puerto Vallarta also has a thriving water sports and adventure to keep those young at heart completely engaged. For golfers, courses designed by Jack Nicklaus and Tom Weiskopf among the 7 championship layouts in the area are Boons. Puerto Vallarta 's climate makes golf a year-round option.
And now to make, Puerto Vallarta Real Estate region much more exciting for golf lovers, Jack Nicklaus inaugurated second signature golf course in Punta Mita. A large and excited crowd of golf lovers gathered on November 16 to see golfing legend Jack Nicklaus inaugurate his second signature golf course in the famous Punta Mita resort community, located just 28 miles north of Puerto Vallarta. According to Andres Rossetto, managing director of Punta Mita resort development, “Mr. Nicklaus has created another masterpiece for Punta Mita, enhancing the overall experience for guests and homeowners and completing our transformation into one of Mexico 's greatest golf destinations”. He added - “Punta Mita is all about luxury and exclusivity, and having two private Nicklaus Signature Courses is an amenity you won't find in any other resort community in Mexico.”
“You would be hard-pressed to ask for a more beautiful backdrop for a golf course than Punta Mita,” stated course designer Jack Nicklaus. “To be given spectacular oceanfront land as a canvas not once, but twice, here at Punta Mita is exciting for a designer, and it reflects a commitment from ownership to provide a memorable golf experience. I'm confident people are going to enjoy the challenge and beauty of this golf course, as well as the incredible scenery.”
Punta Mita's first Nicklaus Signature Course is Pacifico, which opened 10 years ago. The par-72 course (7,104 yards) offers spectacular scenery with eight beachside holes. Golf course's salient feature is the one-of-a-kind alternate Hole 3B, called Tail of the Whale. Players tee off from the shore to the hole 199 yards away on a natural island in the Pacific Ocean . At low tide, a submerged stone path to the green becomes passable.
Puerto Vallarta has been a one of the favorite destination for Mexico Real Estate Investment as it offers world class facilities, amenities and infrastructure. Now, with the opening of this new golf course, Puerto Vallarta real estate region has another feather in its cap.
Realty Executives Costa Vallarta offers many investment oportunities like Puerto Vallarta Real Estate, Beachfront Condos, Rental Villas, Apartments in Mexico. Feel free to contact Tom Budniak or advise regarding Puerto Vallarta Real Estate for the best deals in Mexico Real Estate.
Tuesday, February 2, 2010
What makes Cancun Real Estate Region Safe & Secure
As a foreigner searching for Cancun or Playa del Carmen MLS listings can be challenging task. While buying Playa del Carmen Real Estate or Cancun real estate, there are many factors to be taken in to account – Budget, location, type of property, infrastructure, amenities, security & safety and neighborhood. Though, Cancun and Playa del Carmen provide a wide range of real estate options to suit almost everyone's need, Cancun and Playa del Carmen have been blessed with peaceful environment with lot of safety and security for its residents. A professional police force gives a tourists and residents alike a sense of safety which is very essential to tourist cities like Playa del Carmen and Cancun. The relation between locals and expatriates is also very warm and cordial which results in peaceful co-existence.
All three level of government have been very proactive and vigilant in ensuring public safety and maintaining confidence among business community. State and federal governments are working in tandem to ensure instill a sense of security among real estate buyers in Quintana Roo, which includes the Playa del Carmen and Cancun real estate regions. This has allowed the Mexico real estate investors to buy real estate in Cancun without any concern.
The Governor of Quintana Roo, Felix Gonzalez Canto, has been working together with the state congressman Carlos Joaquin, to guarantee that safety is strengthened through local community involvement. In a step towards this direction plans have been mooted which include improving conditions for municipal police. While Cancun and Playa del Carmen have a efficient police forces, well trained to serve Mexicans and Tourists, the government plans to offer better wages and further benefits for police for boosting the morale of its forces. He government also plans to impart advanced levels of training, values and commitment in order to make its police force more professional and world class. Police academies and training centers are also inculcating a culture of service to the public and essential positive values like discipline, honesty and accountability. Special emphasis has been given to shield forces from evils like as corruption, which have bought bad press and tarnished the images of police forces in other places.
If you are thinking of buying real estate in Cancun or thinking of retiring in Mexico then you may do so without much concerns regarding safety. Whatever the media may have reported, the atmosphere is very safe in Majority of Mexico. Cancun And playa de Carmen are in fact more secure then most of the US cities which shows that these cities perfectly safe as real estate and retirement destinations
Realty Executives Mexican Caribbean offers many investment oportunities like Cancun Real Estate, Beachfront Condos, Homes, Rental Villas, Apartments etc. If you have any questions or advise regarding Real Estate in Cancun, Feel free to contact Tom Budniak for the best deals in Mexico Real Estate.
International Appeal of Playa del Carmen Real Estate in 2010
Property buyers in search of Mexico Condos and particularly Playa del Carmen Real Estate are often want for a equilibrium between the relax and warm attitude for which Mexico is famous and the benefits of an international look and feel. Playa del Carmen Real Estate is one city which score above other cities in the region when it comes this particular lifestyle choice. Year 2010 promises to be a year in which the area's international profile and visibility will continue to increase, offering real estate owners even more benefits for the years to come.
In 2010 several developments around the Playa del Carmen area, will enhance the international setup of Playa del Carmen. Second runway at the Cancun International Airport, just 45 minutes away from Playa del Carmen is the new feather in the cap. The new runway is one of the major steps in converting the area into an international air travel hub and business center in the region. The new runway will not only ease air traffic congestion in the region but also make it easy for international travelers to access Cancun and neighboring areas which will increase the visibility and accessibility.
Additionally, construction of Riviera Maya International Airport is scheduled to commence in 2010. This airport very close to Playa del Carmen will give Playa del Carmen Condo owners another choice for air travel both back home, and to other destinations.
Condo owners in Playa del Carmen enjoy many international level events every year, ranging from fishing tournaments to live jazz concerts on the beach. In 2010, Playa del Carmen will be a major venue of Mexico 's expanding participation in sports events. Mexico will be hosting 37 international sports events, and Playa del Carmen will be hosting the Modern Pentathlon World Cup, among other events.
Playa del Carmen has a laid back atmosphere but with vibrant nightlife, restaurants, golf course, etc. that gives it an international edge. It is a tourist destination yet you won't feel overwhelmed here like one does in Cancun. In the other small towns and villages of the Riviera Maya region, one will find less tourist infrastructure and an even more laid-back ambience. But Playa del Carmen is just ideal destination for both Tourists and real estate investors. There is an eclectic mix of foreigners who live here, attracting mostly people who come to fish or scuba dive in the warm Caribbean waters. Playa del Carmen's proximity to Cancun means excellent health care facilities and an international airport nearby.
The internationally focused infrastructure development and events in Playa del Carmen are a reflection of the interest with which real estate buyers looking for quality condos have shown. Just as 2010 shows development in these areas, it will continue to bring opportunities for real estate buyers.
Playa Realty Executives offers Playa del Carmen Real Estate investment oportunities in Mexico. If you have any questions or advise regarding Playa del Carmen Real Estate, Feel free to contact Tom Budniak for the best deals in Playa del Carmen Real Estate.
Thinking of Retiring in Mexico?
Mexico has always fascinated Americans. Many Americans toy with the idea of retiring to Mexico all their lives and many of them do take the plunge. As the cost of living in USA is increasing every day and standard of living Mexico improving, more people are opting to retire permanently to Mexico. A retirement destination with sunny climate, beautiful beaches, friendly people, good medical care facilities, stable government, booming economy and world class real estate – Mexico is all this and more. The best part is that one can retire in Mexico and lead a very comfortable life for very less as compared to USA. Retiring to Mexico is not as complex as people think. In fact, Mexico is retirement friendly.
The Mexican authorities offer attractive benefits like a special visa and inexpensive health care for expats who come to Mexico attracted by the warm weather and white beaches. The “rentista” is a special type of non-working visa available to retirees 51 and older. To obtain a “rentista”, an expat needs to provide a letter from the bank or social security administration confirming that he/she receives a certain minimum income each month. Expat Retirees are also eligible for IMSS, medical insurance system. MSS stands for Instituto Mexicano del Seguro Social. It's a Mexican social security plan that costs $200 per year and covers medical, dental, and vision care. IMSS gives you complete coverage including prescription meds except for certain preexisting conditions that have varying time periods before they are covered.
To encourage retirees to buy Mexico Real Estate, Mexican government has made buying property in Mexico for foreigners a simple process. Non-Mexicans can obtain direct ownership of property in the interior of Mexico. However, foreigners cannot own property outright within the restricted zone i.e. property in Mexico within 50 miles of the coast or 100 miles of a national border. Foreigner needs to set up a Mexican corporation which will technically own the land or a beneficial trust called a fideicomiso.
While buying Real Estate in Mexico, an expat make sure to contact a reputable real estate agent to help you get your corporation or trust established in right order. Since, there is no real estate license system for selling and buying property in Mexico, meaning that anyone can be a real estate agent whether or not they are familiar with the intricacies of laws and procedures. Before purchasing property in Mexico, research real estate companies and choose one only after evaluating their experience, references and communication skills.
Since property taxes in Mexico known as Predial is substantial lower in Mexico as compared to USA, buying Mexico real estate makes more sense than ever. You need to pay taxes only on slated sale price every year even if the property's value increases.
The manifold benefits to retirees such as cheap luxury condos, affordable healthcare system, breathtaking beauty, relaxed atmosphere and rich culture are just what expats look for and get in Mexico. If you're contemplating about retiring and purchasing home in Mexico, you're in for an exciting journey.
Realty Executives Mexican Caribbean offers many investment oportunities like Mexico Real Estate, Beachfront Condos, Rental Villas, Apartments etc. If you have any questions or advise regarding Mexico Real Estate, Feel free to contact Tom Budniak of Mexico Realty Executives for the best deals in Mexico Real Estate.
Mexico Real Estate Investing - How to go about it?
When it comes to Mexico Real Estate investing, there are options galore. But before taking any step, the prospective Mexico Real Estate investor needs to understand the buying process, the inherent risks and the return on income he can expect. The first step is to select the destination according to your budget, lifestyle, weather, infrastructure and family needs. Are you buying Mexico property as an investment or do you intend stay there. If you are buying as an investment option, which you can selloff when the price of your Mexico condo appreciates or rent it out for regular income stream, then you need to research all the factors, trends, the growth prospects, local economy, tourism and infrastructure development. All these factors have bearings on the value of a property. If you buying property for personal use then it's possible that you have already selected the destination.
Once you have finalized the city or town where you will be buying your Mexican property, then search for people who know the area well. Ask your friends who may have some experience with that area. Research on internet – there are many forums and internet communities where you can get valuable and unbiased information. You can find people on forum which have taken plunge just like you and have gained experience by hit and trial method. You can learn from their experiences and avoid making same mistakes. For any real estate transaction, a good, trustworthy real estate agent is very important. Find a realtor who has complete knowledge regarding the locality and the all the legalities regarding purchasing Real Estate in Mexico. A Mexico real estate agent will also give inputs regarding Mexican lawyer, escrow companies, mortgage companies, bank trustees, public notary etc. Shortlist few realtors and fix meetings with them. Try to gauge their knowledge, experience and commitment to their clients. If possible try to speak to their earlier customers. Check their testimonials.
After the real estate agent has been finalized, the important job of selecting the property to buy has to be started. You should let your realtor know your budget range, locality preferences, amenities you need and type of house. Mexico has everything – from high rise condos to colonial style homes. A real estate agent should be able to present to you a wide range of properties according to your tastes. Once you get the list, visit the properties, check all amenities and inspect the property thoroughly.
Once, due diligence is completed, then you can go ahead and start with other formalities and complete your real estate transaction
Realty Executives Mexican Caribbean offers many investment oportunities like Mexico Real Estate, Beachfront Condos, Rental Villas, Apartments etc. If you have any questions or advise regarding Mexico Real Estate, Feel free to contact Tom Budniak of Mexico Realty Executives for the best deals in Mexico Real Estate.
Why Buy Cancun Real Estate in 2010?
Like many retirees and real estate investors, you must have at some point of time thought of buying Cancun Real Estate and settling in Mexico. Almost everybody knows that Cancun is a premier destination spot in Mexico. Cancun can be described as a beach paradise located on the Yucatan Peninsula. Purchasing Real Estate in this Mexican Caribbean heaven is affordable and easy regardless of budget constraints. But why choose Cancun as your next vacation home over some other fabulous destination in Mexico?
Cancun always has something to offer extra. Cancun real estate region has an airport located nearby, therefore making it easy to travel to this beautiful region. Cancun is accessible for tourist by air, car or bus.
The ever expanding infrastructure means that anyone from US or Canada can look forward to living in Cancun with same facilities and amenities as found in their native countries. Cancun is hygienic, clean, safe and secure with excellent medical care facilities which make it even better for baby boomers.
With a perfect climate and temperature ranging from 78 degrees to 90 degrees, travelers never feel any discomfort.
Ancient Mayan relics found throughout the region add an extra dimension and charm to this destination. While visiting El Rey or Chichen Itza, you will find yourself witnessing history of centuries gone by.
Travelers from all over the globe come to Cancun to experience its gorgeous, pristine beaches and waters. Cancun is also home to a unique and incredibly complex system of underground rivers with cenotes, acres and acres of lush green tropical forest, and the second largest coral reef in the world.
In Cancun there is no dearth of places to stay in Cancun, be it, hotels, inns, Cancun Vacation Rental homes. This has made Cancun a preferred choice of travelers. Wide variety of accommodations can fit any pocket without sacrificing any amenities. This ensures a steady stream of visitors which makes buying real estate in Cancun Mexico a lucrative proposition.
Cancun, Mexico is a hot investment destination because of all factors mentioned above. Foreign real estate investors are pouring money in this slice of heaven is the investment opportunities. Any property in Cancun gives excellent ROI over the years.
Cancun real estate provides a wide range of choices – Luxury condos, Villas, apartments, homes. Buying real estate in Cancun has a additional benefit that it can be used as an income generator. A Cancun real estate buyer can have a property management company appointed which will not only take care of the property but also rent it out to tourists. Your condo in Cancun can serve as a second home on your vacation and supply you with a steady income rest of the year.
So take advantage of historic low prices and purchase Cancun real estate in 2010!
Realty Executives Mexican Caribbean offers many investment oportunities like Cancun Real Estate, Beachfront Condos, Homes, Rental Villas, Apartments etc. If you have any questions or advise regarding Real Estate in Cancun, Feel free to contact Tom Budniak for the best deals in Mexico Real Estate.
Playa del Carmen Condos - #1 Choice for Luxury Living
The Playa del Carmen Real Estate region is well known exotic beautiful beaches and relaxed lifestyle. Anybody who has visited Playa del Carmen goes back with a wish that he/she had a Playa del Carmen Condo near the beachfront with soft and white sands and a short drive from the Fifth Avenue and warm & sunny climate. In Mexico condo market, Playa del Carmen offers one of the best options as reaffirmed by the fact that Playa del Carmen is consistently chosen as one of the best tourist destinations in Mexico.
Year 2010 started on a strong footing with hotels in Playa del Carmen reaching occupancy rate of 85%. A few days after Christmas, over 30,000 out of 37,200 rooms were occupied. The numbers rose subsequently the following week, and the first week of January saw numbers reach an heart warming 93% with the bulk of the visitors from U.S. and Canada. Towards the end of the winter in US and Canada, that is, during February and March, tourists will again start pouring in.
Playa del Carmen entices tourist from US and all over the world beautiful beaches, excellent and expanding infrastructure, the fancy restaurants, world class amenities and a sunny climate through the year. This establishes Playa del Carmen as a town which encourages the beachfront lifestyle and also makes Playa del Carmen condos best choice for a unique lifestyle.
Many visitors who have visited Playa del Carmen have gone back only to come back as permanent residents because of the lure of Playa del Carmen lifestyle and availability of excellent Playa del Carmen condos. A condo in Playa del Carmen can be an excellent vacation investment as owners can live in the condo whenever they want and rent it out when not in use. Thus Playa del Carmen condo can also be an income generator. Every year, more and more Americans and Canadians are retiring to this wonderful place to explore and enjoy it in their leisure time.
In Mexico condo market, Playa del Carmen offers one of the best options as reaffirmed by the fact that Playa del Carmen is consistently chosen as one of the best tourist destinations in Mexico. Playa del Carmen entices tourist from US and all over the world beautiful beaches, excellent and expanding infrastructure, the fancy restaurants, world class amenities and a sunny climate through the year. This establishes Playa del Carmen as a town which encourages the beachfront lifestyle and also makes Playa del Carmen condos best choice for a unique lifestyle.
Condos in Playa del Carmen are comparatively cheaper even though the prices are appreciating inspite of recent recession in US and around the globe. Mexican Caribbean was voted as “Best Destination in Mexico” for the sixth consecutive year by the Travel weekly. This confirms that Playa del Carmen region is one of the best destinations for tourism. Any destination which has a booming tourism sector has also a growing real estate industry to cater to the growing needs of a growing population. Because of these factors, serious long term investors never abandoned their faith in Playa del Carmen Real Estate sector and the Playa del Carmen continued to grow.
Playa Realty Executives offers Playa del Carmen Real Estate investment oportunities in Mexico. If you have any questions or advise regarding Playa del Carmen Real Estate, Feel free to contact Tom Budniak for the best deals in Playa del Carmen Real Estate.
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