Playa del Carmen Condos for Sale Remain Top Market for Foreign Real Estate Investing According to PlayaHomesforSale.com

PLAYA DEL CARMEN, Mexico, Sept. 9, 2013 /PRNewswire-iReach/ -- Playa del Carmen condos for sale have been a consistent market despite the global economic conditions of the past 5-years. Playa is one of the newest cities to spring from the global economy and information posted online from those who visit. 20-years ago Playa del Carmen was nothing more than a fishing village that has now transformed into an international get-a-way. Following the same popularity of the internet and information on greatest destinations, Playa emerged as a top choice among travelers and expatriates. Listed #2 on TripAdvisors "Best Beach Vacations Anywhere", Playa is quickly becoming discovered as condos still start at just $85K.

(Photo: http://photos.prnewswire.com/prnh/20130909/MN76418)

Vanessa Rios of Realty Executives, a leading Playa del Carmen real estate company, says that serious buyers and investors would be smart to buy sooner than later. Vanessa has traveled to over 23+ countries and speaks four languages, which she said has proved to be invaluable as an agent in Playa. She relocated to Playa herself after doing her own research and crunched the numbers before making the jump to relocate. Vanessa keeps an Arial photo in her office that shows the growth of Playa that confirms what may be one of the best cities for buying real estate to emerge in 20-years.

Global investors and individual buyers have been paying attention to this market as in the last 2-years big business has been expanding to Playa. Currently there are plans to develop six luxury boutique hotels, several internationally recognized chain restaurants including PF Changs, Hard Rock Cafe, Ruth's Chris and the Cheesecake Factory. Several luxury brands are currently developing retail locations, those under construction or already open including Louis Vuitton, Carolina Herrera, Paul & Shark, Hugo Boss and Christian Dior. Vanessa says that these high end luxury brands not only bring value to commercial property values but also homes and condos for sale in Playa del Carmen.

With price-to-rent ratios normally directing investors where to go, Playa del Carmen is emerging as a silent giant. In the United Stated, Las Vegas homes for sale and condos have been making international news and been named by CNNMoney, Inman News and MarketWatch as the "Top 10 Real Estate Investing Opportunities" for real estate investors. Forbes recently released an article identifying that the Rent Vs. Buy Index for Las Vegas shows buying is cheaper than renting. Vanessa point out that the same big name companies moving in to Playa all have locations in Las Vegas, a city of over 2-million, Playa del Carmen population is at just  150,000. 

 Vanessa says that for the past decade the biggest draw has been immediate cash-flow on rental properties. High season in Playa del Carmen is between the months of November thru April with some investors who buy thru finacing claming to make their payments for the year in 3-months of renting. She says its not uncommon for some investors who have purchased close to Mammitas Beach to get as much as $300 a night during events such as BPM festival in January. While several investors have started buying lock-and-leave condos site unseen, Vanessa says that buyers need to really visit Playa and see the location as the lowest price is not always the best investment. Vanessa recently acquired a toll free number to assist US and Canadian buyers  and can be reached at 1-888-615-2266 or Playa del Carmen condos for sale http://www.playahomesforsale.com/

To view this video on YouTube, please visit: http://www.youtube.com/watch?v=kXbff66Toh4

Media Contact: William Margita, LasVegasRealEstate.org, 406-600-3733, seoservant@live.com

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SOURCE PlayaHomesforSale.com

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