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Home » Finance » Real-estate » Playa del Carmen Condo Sales - Strong Occupancy & ROI

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Playa del Carmen Condo Sales - Strong Occupancy & ROI

Submitted by Thomas Lloyd
Thu, 31 Mar 2011

A growing number of Playa del Carmen condo sales are offering buyers income on a resort-style vacation properties; recent reports showing strong hotel occupancy in the area bring good news to this market, offering confidence to buyers that their units will offer them a healthy return.

The tourism industry in Cancun, Playa del Carmen and Tulum reported a high domestic and foreign tourist influx during March. March's spring equinox saw an especially strong interest not only in the area's world-famous beaches, but also in the area's archeological sites, such as Tulum, El Meco, San Miguelito and the "Ruinas Del Rey" to participate in celebrations to welcome spring.

Mild temperatures helped attract a significant number of visitors from the U.S. and Canada, as well as nearby parts of Mexico, such as Campeche and Tabasco.

Year after year, Playa del Carmen proves to have strong high seasons throughout the various holiday seasons, and this year is no exception. Buyers considering Playa del Carmen condo sales in a resort setting can gain confidence in this market through this fact. A number of developers have begun selling condos in a resort-style development, offering full, five-star services.

These same developers offer buyers a guaranteed return on these sales by means of vacation rentals, usually all-inclusive packages sold as resort holidays to vacationers in the U.S., Canada and Europe.

Ongoing strength in occupancy numbers offers strength to these returns, improving the possibility for these buyers of seeing a better return than the guaranteed number.

Another piece of evidence of strength of tourism in the area is restaurant numbers. The president of the National Chamber of the Restaurant Industry (CANIRAC) in Playa del Carmen, César Navarro, said that the long weekend in March saw between 15 and 20 percent more customers in restaurants . In Tulum, the demand for restaurants had already reached 75 percent.

While many parts of the world are still reeling from the recent recession, visitor, occupancy and spending numbers are increasing healthily in the Playa del Carmen area. This is a double benefit for buyers, since increasing tourism brings more investment, more services, and more activities in the area, meaning their own vacations will be increasingly comfortable; on the other hand, high occupancy rates also mean that buyers who count on an income from vacationers can rest assured that they will be enjoying a solid return on investment.

TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

 

Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"
Region: Playa del Carmen real estate Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.


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