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Luxury resort real estate is a great investment. Investors are not only investing in property that will appreciate in value, they are also investing in a lifestyle. Whether the investment is used as a winter getaway spot, a second home or a retirement home, it provides the investor with their own piece of paradise which can be enjoyed by them alone or also rented out to be enjoyed by others. For people from Canada and the northen U.S. who have long, cold winters, the decision to invest in luxury resort real estate in a tropical paradise is the easy one. The more dfficult decisions are where to invest and what to invest in. The areas that can fulfill the desire for a warm, tropical climate are Mexico, the Caribbean Islands, Latin America and Hawaii. In addition to a warm climate these areas provide a rich history and culture, amazing natural beauty as well as endless entertainment and activities for all ages. Mexico is at the top of this list because it is the most easily accessible and the one that offers the most affordable luxury-living. Mexico is a country that is in the beginning stages of a major economic boom. This has been brought about by several different factors. The most significant one is the positive change in the political situation which began in 2000 with the election of the first democratic government after decades of dictatorship. Both the past president, Vicente Fox, and the current president, Felipe Calderon, are Harvard graduates who are committed to changing Mexico into a major world player on par with Canada and the US. Their policies, integrity and determination coupled with the vast resources Mexico has to offer are bringing about this change at a rapid pace. Mexico is a very large country with many, varied coastal areas so now an investor must determine more specifically, where to invest in Mexico. The place on the map of Mexico with the most beauty is a coastal region called the Mayan Riviera. This is the stretch of pristine Caribbean beach on the east coast of Mexico from just south of Cancun to Tulum on the Yucatan Peninsula and is known as the Mayan Riviera. It is a region full of history, culture, beauty and spectacular real estate opportunities. The specific location that is by far the most lucrative is the resort community of Playa del Carmen and the surrounding area which is located thirty-five minutes south of the Cancun International Airport. Until just a few years ago, Playa del Carmen was a small, quaint Caribbean beach resort. However, recently it has been undergoing major changes in infrastructure and development. There is a rapidly-growing, world-class tourism industry with PGA golf courses and five-star resort developments as well as major westernization with mega-shopping malls, designer boutiques, Starbucks and other American retail chains. Despite all this change, Playa del Carmen still has a quaintness and charm about it that mixes Western, European, Mexican and Caribbean flavours which make it a very unique place. The Mayan Riviera is an absolutely incredible destination. There are many options when choosing what property to invest in. Please look at our featured developments for some of these options. |