We here at American Realty are incredibly flattered by the recent write up we received in the Playa Times. The Playa Times is a publication here in Playa del Carmen that is geared toward us gringos – especially English speaking Americans and Canadians… It’s the premier English language periodical in the Riviera Maya.
When they contacted us about a feature, we jumped at the chance. We both have the same readership and we both focus on the same demographic, not to mention that we’re avid readers of both their newspaper and their blog so it was a real treat for us to sit down with them and chat about gringo stuff.
Here’s an excerpt from the article…
What do you think are the most important values in real estate sales?
Buying property in a foreign country can be a very daunting experience. There are many things that are different here in terms of language, culture, regulations and laws. You need somebody on your side that isn’t interested in the quick buck and will take the time to educate you on the process; somebody that has the experience to give you the guidance and protection necessary to protect your investment and help you navigate the difficult world of Mexican real estate.
Where are the hottest property spots in the Riviera Maya right now?
The entire Riviera Maya is up and coming with Playa del Carmen being the epicenter of that development for several reasons. The growth here has been phenomenal and now the institutional money is coming to Playa. There are several major developments breaking ground that are in excess of $500 million and the population of Playa is predicted to double in less than 10 years.
Where do you see the Riviera Maya property market in 10 years time?
If the current levels of development and population growth continue as predicted, the Riviera Maya, and Playa del Carmen in particular, will see a tremendous upswing in property values. Tourism is growing steadily every year and all the macros are in place for major growth in all sectors of the real estate market – with commercial and beach front properties at a premium. With no mortgages to speak of and a very stable government that is committed to sustainable growth, the risk factor for property investment is incredibly low.
For the entire article, please check out the Playa Times website at PlayaTimes.com
Show some support for a company that supports all of us gringos here in Mexico!!
