How would you spend a million dollars? Vacations abroad, on the beachfront? Or solid investments with good probability of excellent return? Or how about a Tulum beachfront home that allows for both?
While there are many Tulum properties for sale in many price ranges, for a large variety of budgets, a couple of luxury homes in Tulum stand out as excellent vacation properties that can double as a solid investment. Here's why.
Price Reductions. Listing prices for homes in some beachfront communities near Tulum is up to $2 million USD. Some homes, although similar in size, quality and location, have been listed for considerably less for quick sale. On top of the low listing prices, there have also been a few price reductions, with properties of this type being sold for less than $900,000 USD! This means that future resale is very likely to provide excellent return – a point backed by the excellent location.
Excellent Location. Tulum is less than an hour away from Playa del Carmen, a thriving tourist town with stores like Walmart, new malls, English movie theaters and much more. Tulum itself is showing signs of rapid future growth, with a growing expat community, a new urban growth plan including numerous upscale developments, and plans underway for an international airport. Cancun's international airport, offering well-priced direct flights to an ever increasing number of U.S. cities, and the large number of other services this city provides, is about an hour and a half away.
Great Rental Potential. For similar reasons, the demand for vacation rental is high. Some homes have already been booked solid for the 2010 Christmas season. Through income from vacation rentals, owners have been able to cover expenses of owning one of these homes, while still enjoying their property for personal use during low seasons.
Many Activities. Besides enjoying one of the world's most loved beachfront areas, with wide, sandy beaches, and beautiful turquoise water, there are also many watefront activities, such as diving, snorkeling or sailing, "eco" activities, such as visiting the interactive eco theme parks or swimming in cenotes (which are natural pools with cool, fresh water), golf, ATVing, paintball and much more. These are a bonus for your vacations, and also attraction for renters.
The combination of each of these points makes one of these homes in the Tulum area an ideal choice to invest less than a million dollars to enjoy top-quality vacations for years to come. The super reductions on a handful of these homes, well worth the original price and more, combined with the potential for rental income means that you are not only investing these funds into the quality of your life, but also into improving your financial future.
If you have a million dollars to invest, consider investing in a Tulum beachfront home.
TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
About the Author: Thomas Lloyd, founder and president of TOPMexicoRealestate.com, has numerous diplomas and certifications in Mexico Real Estate topics and is one of only a few professionals to hold Mexico's new degree in real estate, accompanied by a Professional Identification Number, "cedula profesional." He has over 15 years of direct experience in Mexico's business culture.
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