CAMPECHE, Mexico, Dec. 9, 2015 /CNW/ -- The locals of the Mexican Gulf Coast have been talking about the closing sale of the most affordable and pristine white sand beach properties. The 12km of remaining beachfront property is in the fourth and final phase of a large-scale development project. Current investors in the project have already reported double-digit equity gains.
The property is just a short 40-minute drive from the Ciudad Del Carmen Airport or an hour from the Campeche City airport. Current investor groups have been comprised largely of international buyers from the U.S. and Canada, which is understandable given the relative closeness to major transportation networks and the geographic proximity to the investment location. The opportunity to own a parcel of beautiful beachfront in the State of Campeche at these prices is quite rare. The master planning and further development intended for the area has drawn major interest from even more investors.
Additional commercial and residential construction is scheduled to begin after the eco-touristic master plan is finished in 2016. New development in the region has already increased the value of the surrounding property. Area lots have increased in worth as much as 300%, and with property taxes at $200 USD annually, it's no surprise investors are clamoring for the opportunity to take part in this rare venture. The property is a perfect source of rental income and works well as both a short-term or long-term investment solutions.
There are only 49 lots left in this price range.
- The 65.61ft (20m) beachfront property is one mile (1600m) deep to the lagoon (tot. 9.88 Acres / 4 Has).
- The 328ft (100m) beachfront is (1800m) over one-mile-deep and has 100m lagoon front (total size of 20 has/49.42 acres).
The remaining lots are all being sold in these predetermined 20m and 100m beachfront parcels. The smaller lots start at $175,000 USD, and the larger 100m start at $799,000 USD. These beachfront lands are available for under market value to both professionals and private buyers. Also, property ownership is now available to international buyers through corporations that specialize in real estate services.
SOURCE GLOBAL PROPERTY SERVICE GROUP