If you thought property in the Caribbean was reserved for celebrities, think again. Read on to find out about affordable holiday homes with huge rental returns in the Mexican caribbean.
Golden Sandy beaches, the second largest reef in the world, ancient monuments, little wonder that 6 million tourists visit this area per year.
Until recently this was a secret kept by the Americans and Canadians who have been coming on holiday for years, however in the last 4 years things have changed. More than 70% of tourists to this area are now Europeans, coming from England , Holland, Germany and Italy.
We are the first British Estate agents to set up in the area ( all the rest being either local or American) and are specializing in the European Market.
Capital Growth is running at over 20% per year and as high as 32% in some areas of town. Hotels are 91% full all year long, so there has never been a better time to buy to let, or make a lifestyle move.
Playa Del Carmen is the jewel of the Mexican Caribbean as European Tourists flock here in the Summer and Canadians and Americans in the winter, with our Management company there to look after your property you can expect 40 week a year rental income. Compare that with places like Turkey and Bulgaria (3 month rental return) and you realize the potential.
Not only this, but properties are bought here in Dollars, the £-$ it is now at all time highs so buying your property here is incredibly cheap compared to just 3 years ago.
Sparkling waters and sandy beaches are all within walking distance, all the big super markets are here (wall mart, Woolworth) etc., starbucks, lacoste all have moved here in the last year, so the real growth has only just begun. These companies move in at the begining of a boom never the end.
With properties from just £80,000 for a 2 bed / 2 bath 130 square meter apartament there has never been a better time to buy and
Profit in Paradise