Will the Value of Playa del Carmen Villas Rise?
Will the Value of Playa del Carmen Villas Rise
?If you are considering buying a Playa del Carmen villa just north of town, you may notice that the prices are very competitive; you might also wonder if the values are going rise; considering the facts, it looks very likely.
While it's never possible to predict the future of property values with 100% certainty, the combination of favorable factors nearby helps to see that the probability is very good. Consider the following factors.
Prices of similar properties in established upscale communities can be anywhere up to 50% higher than these. This area is still in the process of development, and therefore prices of high-quality properties area still lower than in similar areas.
Development in the area is emerging with a clear upscale image; gated communities with full security, bike trails, parks, walking and driving access to the beach and design and building codes give a clear direction for the progress of development in the.
The upscale image is already backed by nice resorts and professional golf courses. The courses in the area directly north of central Playa del Carmen include a new Nick Price course with an accompanying residence a Jack Nicklaus course, and a course designed by Greg Norman which is host to Latin America's first PGA event; the same complex which includes this course is currently planning another course also designed by Norman and famous Mexican golfer Lorena Ochoa.
Conveniences in the area are growing. There are already a handful of small stores near the entrance, and a newly opened plaza. Within a 10 minute drive, there is a new Walmart, and Playa del Carmen's largest shopping mall, with a large-screen movie theater. This same area has been designated to become the city's new main commercial and civic area.
Infrastructure which serves the area is also expanding. The last couple of years saw the construction of a new access road leading to the shopping area mentioned above. Just about to be completed is a series of new highway bridges over the main intersections leading to the downtown area. These bridges will allow for faster access to downtown as well as to another shopping area at the south end of the city, where there is a Sam's, another mall, and a growing number of activities, like Playa del Carmen's first bowling alley.
Considering these facts, do you think the value of Playa del Carmen villas in this area will rise? Even if the increase in value comes slowly, in the mean time they offer an excellent lifestyle for very competitive prices.
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