TIME TO BUY MEXICO REAL ESTATE?

Marea Investment — Sat, 26 Sep 2009 15:12:00 GMT

Time to Buy ??

Recently many of you have contacted me wanting to know how the economic crisis has affected Playa del Carmen real estate. Is it a good time to buy? After nearly ten years in the Playa del Carmen Real Estate Market, I can tell you that it has never been slower than it is right now. The economic crisis and undeserved negative publicity have certainly taken their toll on the Real Estate market here in the Riviera Maya. The market has certainly slowed, but as a whole the prices have not fallen and continue to remain stable. This is a great time to find your dream home in the Caribbean as there is less competition for homes and the supply of homes is up. Supply has finally (after nearly 10 years) caught up with demand. Keep in mind, we are the Mexican caribbean and I emphasize the word caribbean as there is very little available and demand for such property will only get greater with time. With close proximity to the states and Canada, tropical wether year round, low cost of living and world class health care, Playa del Carmen is and will continue to be a great investment.. .Be looking for my next blog post when I answer the question: are there any Playa del Carmen foreclosures or Playa del Carmen short sales?

Don´t dream your life, ... Live your dreams!!