Since 2004 Cancun, Playa Del Carmen and the Riviera Maya in Mexico have been considered one of the fastest growing areas in the world for real estate. In the past year the Mexico real estate market has seen a decrease because of many factors but mainly the slowing economy in the United States and Canada. Because of this a project in Puerto Morelos, Mexico has surfaced allowing foreigners to get in at very low cost with no risk. The investors that take advantage of this opportunity early stand to gain the best return on their Mexico real estate investment.
mexicoPuerto Morelos, Mexico, January 7, 2010 - There is an area between Cancun and Playa Del Carmen, Mexico called Puerto Morelos. It is a small village of less than 2,000 people known mostly for fishing. In the town you will a few stores, restaurants, and some fruit stands. This is an area that is mostly overlooked or passed by on the way to Playa Del Carmen.
Just North of Puerto Morelos there is a private subdivision of homes. The homes were built by a private Cancun developer for Mexican people and until now has only been marketed to them in Spanish. Due to the slow market last year the developer has agreed to release blocks of homes to foreign investors.
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