Cheap Mexico Beachfront Lot Investment & Mexico's Growing Economy
Cheap Mexico Beachfront Lot Investment & Mexico's Growing Economy
When buyers consider the cheap Mexico beachfront lots available in new areas like Campeche on the Gulf coast of the Yucatan peninsula, it's fairly clear that they are a rare opportunity to enjoy a comfortable life on the beachfront at a very low price; but other buyers may wonder if they are a solid investment choice. Mexico's current economic situation would suggest that they are.
Recently, Mexico's President Felipe Calderon stated that Mexico is one of world's top economies. This isn't just Mexico bragging about itself. This same president's government has actually been making a series of real, active policies that are helping to ensure that this stays true, and will even improve.
Among these are the goal to bring the area into the top 5 countries in the world in terms of international tourism. For an area like Campeche, this is really good news. The area has just begun to tap into a very rich variety of tourism resources, including beautiful nature, virgin beaches, Mayan pyramid ruins and colonial cities. As tourism grows in Mexico, new areas like Campeche will blossom into fully successful tourist districts, similar to those on the other side of the Yucatan Peninsula, where Cancun is located.
With tourism comes new roads, professional golf courses, international stores, new flight options in nearby airports and many other benefits. The cheap Mexico beachfront lots in Campeche, which are still really cheap, currently enjoy close driving access to all basic services; within a couple of years, thee basic services will be expanding into a full range of modern conveniences.
Another point which President Calderon has recently emphasized is the importance of real estate in teh country's newly emerging economy. He observed that it is the key to ensure that principal sectors of the economy, such as real estate, show vigor to increase economic competitiveness; this president knows perhaps better that any other that real estate geared towards international buyers is an important way to keep the industry vigorous. In fact, at the opening of The Real Estate Show 2011, the president stressed that today's economic prospects in Mexico are very positive and the country's economic growth in 2010 was the highest in a decade, and the third highest in 29 years.
Realizing the importance of the real estate industry, this government has committed to funding supporting projects such as new highway development, and any other infrastructure needed for new real estate investment from international sources. While buyers of these lots are getting their foot in the door ahead of time, these kinds of policies will bring new upscale condo developments and gated communities; the area will grab the attention of more international buyers, and values will rise. These kinds of developments are already appearing in the Campeche area.
The total cost of buying a lot and having a home built on the area's beachfront would currently be around $150,000 USD. Homes of the sort in other areas sell for a minimum of $600,000 USD.
Does that sound like good investment potential?
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