Property for sale in Cancun, Mexico - 2 Bedroom Apartments and Duplexes

Property for sale in Cancun, Mexico: 2 Bedroom apartments and duplexes are 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 Cancún.
• 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 Itzá.
• 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:

• 7 km North of Cancún 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.
• 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.

Development

Playa Mujeres Resort, Cancun, Mexico

Facilities near this development

Hospital & Medical Emergency, Airport, Parks & Gardens, Car Parking, Golf driving-range, Golf course, Gym, Spa, Swimming Pools, Childrens Playgrounds, Adventure park, Outdoor activities, Beach / Coast, Bars & Nightclubs, Restaurants, Cafe & eateries, Hotel, Shopping centre, Other

Facilities in this property

Satellite, Air conditioning, Garden, Car Parking, Un-furnished, Communal swimming pool