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Should I Invest in a Cheap Mexico Beachfront Lot in 2011?
Should I Invest in a Cheap Mexico Beachfront Lot in 2011
?Have you been considering buying a cheap Mexico beachfront lot? If so, you may wish to consider the most important factors for 2011 to help decide if 2011 is the right time to buy.
While really cheap beachfront will always continue to be available in Mexico (the country has huge amounts of coastline, and much of it has beaches,) it's far less common that one of these area's is right on the verge of emerging as the country's next big tourist destination.
One of a handful of perhaps 2 or three regions which are right at this point is Campeche. Campeche is a state located on the Yucatan Peninsula, a few hours away from the famous locations like Cancun, Playa del Carmen and Merida. While the area has generally received much less attention then it's neighbors, it's now showing many good signs for taking off both as a major tourist and real estate location.
These signs include:
Increasing international visitors Visitors have begun to notice what this area has to offer. This includes beautiful beaches, a beautifully restored colonial city, as well as a number of colonial towns, many Mayan ruins, a richness of natural attractions, a growing number of eco-tourism activities and much more. While the number of visitors is still small, it's growing. The area also offers the advantage of offering lower prices than the more established tourist favorites, and as visitors begin to notice this combination, it's a recipe for success! More tourists mean more services and activities for the people who live here.
Large-scale tourist projects In addition to the area's historic and natural attractions, international developers are beginning to notice the early potential and are starting projects to offer tourists even more, and cash-in when the numbers increase. So far, there are two professional golf courses underway and a full-service marina.
Large-scale real estate projects Along with these tourist projects, the developers are creating residential areas focused on international buyers. The three projects mentioned above include upscale condo developments, which are already showing success in sales.
Rapid sale of Beachfront land While the condo developments are offering prices to match the luxury and lifestyle of that kind of development, there are cheap Mexico beachfront lot developments just down the road where lots can be found for less than $50,000 USD! One entire development of these lots has been sold out, and a new one has opened up along side of it, responding to the first development's success.
All factors suggest that now is the best time to buy cheap beachfront in Campeche!
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