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CANCUN & RIVIERA MAYA
The Riviera Maya is now recognized as the fastest growing region in Latin America!
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This market continues to boom with healthy tourism and a number of new high end developments such as the Viceroy, Rosewood, and Capella.
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Toursim continues to grow at 20%, hotel occupancy rates remiain over 80%, and the Riviera Maya continues to equate for a third of the tourism income for Mexico.
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With estimated tourism expected to be well over 3 million for 2007 and population steadily increasing, the Rivieria Maya is forecasted to have sustained growth.
Source:
www.rivieramaya.com
Barometro Turistico de la Riviera Maya
PLAYA DEL CARMEN
Known simply as "Playa" once a soporific, very Mexican fishing village, has mushroomed in recent years and now has the dubious distinction of being the world's fastest growing town (by a rate of 26 percent per annum), according to the Guinness Book of Records 2006.
It's expensive and overcrowded, not only with holiday-makers but also thousands of day-trippers from Cancun and passing Caribbean cruise ships. As a result the town's main centre of activity, Av 5 (or Quinta), a long, pedestrian zed strip one block back from the sea, is often packed to capacity with visitors rapidly emptying their wallets in pavement cafés, souvenir and silver-jeweler outlets and designer clothes shops. Additionally, with the arrival of US fast-food giants McDonalds, Burger King and TGI Friday, Playa's rather chic European atmosphere is giving way to a blander, more homogenized culture. The beach, however, is one of the prettiest on the coast with unfeasibly white sand and gloriously clear sea and the entire town is, for the moment, still compact and easily covered on foot – as well as playing host to the best nightlife on the Riviera Maya.
Source: YAHOO.COM (http://travel.yahoo.com/p-travelguide-787471-playa_del_carmen_playa_del_carmen-i)
EXOTIC PARADISE
Mexico’s Yucatan also offers plenty to explore above water. Composed of three states—Yucatán, Quintana Roo, and Campeche—the Yucatán Peninsula is also home to one of Mexico’s premier tourist spots, Cancún, and the Riviera Maya, a strip of eastern coastline that runs from Cancún to Tulum.
As a tourist destination, the Riviera Maya is only about five years old. Cancún has a longer history as a vacation spot, but as the demand for more and more beachfront increased, the vacation zone got pushed farther south, and, in a canny marketing move, Mexican and international developers declared the Riviera Maya to be a new beach resort.
The area—extending from Cancún through Puerto Morelos, Playa del Carmen, Xcaret, Puerto Aventura, Akumal, and Xel-Há to Tulum—is dedicated to beach tourism and nightlife. Water sports abound, including boating, waterskiing, diving, sailing, and swimming with dolphins. On land, you can travel the jungle by horseback or all-terrain vehicle.
Source: Robb Report Magazine
(http://www.robbreport.com/archived-issues/Article.aspx?article=6073)
RIVIERA MAYA THE NEW GOLF PARADISE
The fleet of construction cranes along the Riviera Maya coastline indicates the sea change in store for Cancún. Traditionally the terrain of spring-breakers and package-deal tourists, this city on Mexico’s Yucatán Peninsula has shifted its focus toward five-star resorts and boutique hotels—and the people who would occupy them. “We are trying to bring a more affluent crowd to the area,” says Julio Viscontti, vice president of the Mexican Caribbean Golf Course Association. Indeed, golf is a critical component of this plan: More than a dozen courses, including several designed by the game’s leading architects, are in various stages of development on the Riviera Maya.
Source: Robb Report Magazine (http://www.robbreport.com/archived-issues/Article.aspx?article=10159)
WOLRD CHAMPIONSHIP - PGA TOUR
In February, the Fairmont Mayakoba resort’s new El Camaleón Mayakoba www.mayakoba.com hosted the first-ever PGA Tour event in Mexico. Perhaps it was appropriate that, on a golf course filled with one delightful quirk after another, the tournament victory was named Funk. Fred Funk triumphed in a playoff at El Camaleón, despite a final-round drive on the first hole that rolled to the lip of the Devil’s Mouth, an opening to a gaping cenote that dominates the middle of the fairway. The freshwater cave—along with El Camaleón’s limestone-lined canals, mangrove swamps, and Caribbean-front holes—helps make this Greg Norman design on the Riviera Maya the most interesting new PGA Tour venue in years. Guests of the Fairmont are ferried to the course, which opened in April 2006, via electric-powered, thatch-roofed, mahogany boats. —Joseph Passov
Source: Robb Report Magazine (http://www.robbreport.com/archived-issues/Article.aspx?article=13693)
PROPERTY INVESTOR INFROMATION
Mexico is an exciting and vibrant nation with all the Latin spirit you could expect. From the hectic clutter of Mexico City to the lively coastal resorts of the Yucatan Peninsula, Mexico offers a wealth of experiences. Mexico has long been popular with North American visitors who come for the fishing, sunshine, low cost of living and, of course, the Spring Break festivities.
Investment Property values in Mexico tend to increase steadily year-on-year. In the popular cities and coastal areas prices have risen significantly, but in most areas prices have not risen as quickly as in the US and Europe over recent years. The key lies in choosing the right location. Mexico is a vast country and not all of it presents a viable opportunity for property investment. The popular tourist and retirement resorts such as Cancun on the Caribbean coast and Acapulco on the Pacific coast are obvious choices.
Property investment, whether its land, a serviced apartment or a house, can offer good value for money and the popularity of the country with its exotic mix of Mayan and Spanish culture alone is likely to increase over coming years.
Source: Property Investor Magazine (http://www.thepropertyinvestor.net/reports/country/MX)
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