Cancun Real Estate – World-Class Lifestyle, Accessible Prices
Why buy Cancun real estate? If it isn’t enough for you to be living next to one of the world’s most loved beaches, where the waves of the turquoise blue Caribbean sea gently wash up onto the wide, white, soft-sanded beaches, it’s also important to note that Cancun is continually more transforming itself into a world-class city, where residents enjoy a luxury lifestyle at its best.
Since it’s creation 40 years ago, Cancun has become a leading real estate choice for Americans, Canadians and Europeans. The city was designed with wide, palm-lined boulevards, modern shopping centers, and high-class hotels to suite the needs of tourists who were looking for the best. These same features attracted many to buy a condo or home in Cancun and make this area their new home or long-term vacation choice.
But the momentum towards world-class services and lifestyle has not been left entirely up to the income from spring-breakers and vacationing families. As a part of a project to diversify to various tourist sectors, Cancun has also recently increased its push towards becoming a leading choice for tourism in international business and conventions. One upcoming high-profile example of this is the Next Climate Change Summit in November 2010. 190 delegates from all over the world with their staff and support teams will occupy about 18,000 hotel rooms!
This kind of convention means that large amounts of funds will be poured into Cancun during what’s typically a low-season. These visitors also spend more than the average tourist, since their rooms and dining are paid for, and reasonable incomes allow for comfortable luxuries.
What does this mean for you as a Cancun real estate buyer? Increased tourism income means more investment, more services, more shopping, improved roadways, etc. The increase in this kind of tourism also prompted the operator of the Cancun international airport to build a second runway, and begin promoting the airport as an international hub, greatly increasing the airport’s capacity and air traffic. This probably means more cheap, direct flights available back home, or to many other parts of the world.
If you are an investor, it also means that property values will see the benefit of new and increased services. Now is an excellent time to invest in Cancun.
Whether an investor or vacationer, it is worth noting that many well-priced properties are available in Cancun. A beachfront condo, for example, can be found for as little as $80,000 USD!
Consider buying Cancun real estate – it’s a city that has shown an incredible ability to adapt itself and keep ahead of the game.