Full Description
Playa Mujeres Resort, Cancun, Mexico
Property for sale in Cancun, Mexico: These luxury properties for sale on the coast near Cancun represent a perfect investment opportunity - 5-star quality in an area that benefits from outstanding natural beauty, a Caribbean climate and economic growth.
Cancun has a number of features in its favour including:
Economic
- Natural increase rate in the Mexican population of 1.2% per annum.
- More than 50% of the current population within age band less than 25 years old.
- North American Free Trade Agreement facilitating commerce/investment and stability to Mexican economy.
- Mexican Economy in growth – GDP forecast 2008:3.2%.
- Rise forecasted in demand for housing by economically active population.
- Increase in local and international tourism and investment in coastal areas.
- Prognosis for continuous and stable growth in tourist arrivals to Cancun.
- Large augmentation in American retiree population – “Baby Boom” of 1948.
- Increase in number of Fideicomisos (Trusts) signed by tourists for investments in property.
- Growth in prices and shortage of luxury properties.
General Characteristics
- Temperatures between 26ºC & 36ºC (78.8ºF & 96.8ºF).
- Average of 253 sunshine days a year.
- 870 kilometres of Caribbean coast.
- 12 golf resorts in the area, both operational or under construction.
- Home of the 2nd largest coral reef in the world – 5th position worldwide for diving site quality.
- Wide biodiversity, nature reserves, parks and caverns.
- 5 World Heritage Sites in the Region – For example; Chichen Itza.
- Large number of hotels and resorts.
- Commercial centres and great variety of restaurants and activities.
This particular development has been designed to incorporate all the features a 5-star resort should boast:
Location:
- 7km north of Cancun centre 20 minutes’ drive from the airport.
General Plan:
- Beach inc. 3.7 km of Caribbean coastline.
- 2 golf courses designed by Gregg Norman.
- 373.3 hectares total surface area.
- Nature reserve “Laguna de Chacmochuc”.
Development Plan:
- Beachfront: 1.2 Km, 3 private beach clubs.
- Marina: 170 slips, nautical club, gymnasium.
- Heliport.
- Commercial Area: Over 15,000 m2.
- Exclusive 5* hotel: Boutique style with 110 rooms.
- Luxury 5* Hotel: All services included, more than 400 rooms.
- Spa Centre: Beauty treatments, “Relax”, sports.
- 3,500m² surface area.
Programmed Luxury Services:
- Transfer to and from Cancun International Airport.
- In-house catering (food and beverage) service.
- Medical services and pharmacy.
- 24/7 private security.
- Babysitting.
- Kids club playground area and teens club.
- Housekeeping.
- Laundry and ironing.
Development Characteristics:
- Marina or beach front apartments.
- Views either to Caribbean Sea, marina or nature reserve.
- 4 property types from one to three bedrooms.
- Luxurious interior finishes; electrical white goods included. (Bosch or similar).
- Extensive Built Living areas.
- Expansive sun terraces.
Advantages to Property Owners:
- Booking preferences and 10% discount over on the following:
- Marina slips rentals.
- Golf Course.
- The Commercial Area of Playa Mujeres Resort.
- Hotel Room and Restaurant tariffs.
- Spa, Gymnasium and Beach Clubs.
Payment Terms:
- Down payment: 10% On signing of Private Purchase Contract.
- 20% 180 (approx.) from signing of Purchase Contract.
- Completion: 70% on the Handover of the Property (1st Quarter 2009).
Transaction Costs:
Between 6% and 8% including Fideicomiso (Trust) for the property purchase.
Preferential Finance:
- Asset backed guarantee through mortgage /fideicomiso.
- Mortgage in either $USD (Miami).
- Interest Rates from: Prime $USD (1 year) - 1.50% -> 4,5%
Community Fees:
- $USD 4 to 5/m² per month. (Linked to the US Consumer Price Index).
Prices range between $438,438 and $1,728,375.
If you would like any more information about our property for sale in Mexico or have any questions regarding owning or buying a property in Mexico, then please feel free to contact us.
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