Mittwoch, 6. August 2008
Among the most dynamic markets for beach property sales, those that stand out the most are: Puerto Vallarta, Acapulco, Ixtapa, Cancun and Los Cabos.
The Spanish company Grand Coral has three residential property projects underway in Quintana Roo whose total investment exceeds 12,500,000 dollars. These residences are also accompanied by golf courses, luxury shopping centres and a marina.
“We’re observing a flourishing middle class that purchases residences, basically through their access to loans and macroeconomic stability. This has increased demand. Beforehand, there only existed luxury residences and public housing, but today medium-income houses are being developed for this buoyant class," stated Jordi Mercadé, the group's general director.
According to developers, a clear trend is taking place in this market: a fusion of the residential concept and that of hotels. Accordingly, the construction of developments that combine both concepts has accelerated during the past five years.
“We’re seeing strong growth in timeshares (full-time residences rented to tourists) and full-times with rents.”
INVERTIA.com
