Category Archives: Real Estate

Land, houses and condos for sale

Vive Riviera Maya, a jungle development in Tulum

Posted on by
1

Vive Riviera Maya is one of the first developments on the jungle side of the road near Tulum (15 miles). Actually, Vive Riviera Maya’s closest town is Chemuyil, only 2 miles away from the development’s gates.

Vive Riviera Maya offers large lots of 1 hectare / 2.47 acres, of which 10%-20% can be urbanized.  Most of the lots of the first phase are already sold, and the owners are waiting for the basic infrastructure to start building.  There are already some 6-7 projects under construction and a luxury house fully constructed (see pictures in the gallery above).

Though the development is on the jungle side of the highway, the beaches of Xcacel-Xcacelito (a tortue sanctuary) are very near (5 miles) and connected to the Vive Riviera Maya road by a newly constructed bridge over the highway.  Because of its jungle location, prices are really affordable, starting around $40.000 – $ 50.000.  Jungle location, is yet a second best for the Mayan Riviera investors, as most of the development happens on the beach side of the highway, however I think it has some key advantages: a more natural environment, better protection against hurricanes and still close to the beach.  For information on this development you can reach Mariela Tugores, a real estate agent with experience in the area at: mariela@schimar.com or +52155 1510 3210

Riviera Maya Airport (Tulum Airport) auction cancellation challenged by Grupo Mexico

Posted on by
Reply

Grupo Mexico (a large Mexican mining conglomerate) and its airport operation partners of Grupo Aeroportuario Pacifico (GAP) have just (June 1st 2011) challenged the Mexican Transport regulatory body’s (SCT) decision to cancel the auction of the Riviera Maya Airport (Tulum Airport).

On May 20th 2011, the SCT had found none of the technical offers had complied the Government requisites to build and operate the Tulum airport, expected to handle over 700.000 passengers a year.

The Grupo Mexico/GAP consortia and the Cancun Airport operator (ASUR-Grupo Aeroportuario del Sureste) are having a strong lobby battle to determine if the latter can keep the monopoly on the Yucatan Peninsula best known beach resorts.

All these battles will have an important effect on Tulum real estate and developments.  There are a lot of speculative land developments on the area near the airport project.  Gossip goes around that top local politicians have heavily invested in land around the airfield.

 

Riviera Maya Airport postponed

Posted on by
Reply

On May 20th, the Mexican Communications and Transport Secretariat declined all the technical offers for the construction of the Riviera Maya Airport (Tulum Airport).  At least 5 consortia of Mexican and multinational groups where bidding to build and operate the Mayan Riviera Airport.  The airport was expected to start operating in 2014.

The Mexican Government has not yet commented on the results, however lobby from ASUR – the Cancun airport operators (a neighbor airport enjoying the monopoly on the Yucatan Peninsula best resorts) is assumed to have used a substantial lobby against the project.

Zama Village, the first condos in Aldea Zama, the leading real estate development in Tulum

Posted on by
Reply

UPDATED: ZAMA VILLAGE CONDOS ARE FINISHED AND AVAILABLE FOR VACATION RENTAL.  CHECK PRICES AND RENT THE BEST TULUM ZAMA VILLAGE PENTHOUSE CONDO FROM JUST US$ 700 PER WEEK (INAUGURATION PROMOTION).

Zama Village is the first premium condo development of Aldea Zama.  Zama Village is a three-storey building  surrounding a tropical garden and a long pool.  The development features 2-bedroom 2-bathrooms apartments, most of them with a terrace and jacuzzi (there are only 2 bigger 3-bedroom apartments).  The ones in the third level feature a ample rooftop with open air jacuzzi and barbecue place.   The construction quality is very good, using the natural materials (wood, stone, thatched roofs) required by the strict construction rules of Aldea Zama.

Some 17 of the 32 condos were already sold, even when the construction works are expected to finish in May 2012.   The condos prices at the lower level start at $190.000, though due to the success of the project prices may already be up by 10%.

The Zama Village condos are expected to enjoy a high rental income as they are the first condos of its type in the area.

 

 

Tulum real estate, rising prices and positive forecast in the next years

Posted on by
Reply

According to Francisco Mijares Ortiz (head of the appraisers association of the Quintana Roo State that includes the cities of Cancun, Playa del Carmen and Tulum) the outlook for Tulum real estate is bright in the coming 5 years.  Already in 2011, Playa del Carmen has overtaken Cancun as the most expensive property city in the Mayan Riviera, and Tulum is expected to evolve in the same direction due to a number of reasons.

Cancun, especially downtown (where no tourists go)  was somehow affected by the insecurity stemming from the narco war, while Playa del Carmen and Tulum have remained untouched so far.  But additionally, there are other factors that have played against Cancun: massiveness and overdevelopment.   The new luxury developments in Playa del Carmen are smaller buildings, with better architecture and located near the 5th Avenue, allowing for a pedestrian life and evening walks to restaurants and shops.  On the contrary, Cancun offers resort secluded life, and the need to have a car or a taxi to go dining outside.

Tulum has big advantages on both Cancun and Playa del Carmen.  As it is in its early development, it has the chance of an orderly growth, it has less poverty in the outskirts and it is much more eco-friendly.  Beaches are well preserved as no construction is allowed on the beachfront (only the existing thatched roof cabanas).  Since the beachfront will be preserved, all the development will have to be inland, making sure the beaches will remain pristine.

The construction of the Tulum Airport (Mayan Riviera Airport) will be another factor pushing up the Tulum real estate prices.  Nowadays, it takes some 90 minutes to drive from the closest airport (Cancun) to Tulum.  The airport is expected to start operating in 2013.

There are some some main 3 areas of real estate development in Tulum: Aldea Zama, the lots around Kukulkan Avenue and the jungle developments.

Aldea Zama is a big development between the current Tulum downtown and the beach.  It boasts good infrastructure and cared architecture and offers both commercial and residential lots.  Aldea Zama’s goal is to replace the existing Tulum downtown for the main commercial activity (restaurants, supermarkets, banks, etc) and become the “new Tulum town”.   The area around the new Kukulkan avenue offers big urban lots, in a new part of the Tulum town, closer to a new access to the beach.  To the west of the Cancun-Tulum highway there are many new development projects offering bigger lots (2-4 acres) in a jungle surrounding.  Some of these projects are “green” and have strict eco-friendly regulations.  Some of the most know projects are Vive Riviera Maya and Los Arboles Tulum.

All the 3 areas present high appreciation potential most certainly become good investments if bought early enough.

 

Tulum will have its own airport

Posted on by
Reply

So far, to get to Tulum you need to fly to Cancun, 90 minutes away by car.  The development of the Tulum airport (Mayan Riviera Airport) will make it a lot easier and faster to get to Tulum.

On April 27th 2011, the competing groups Tradeco, Grupo Mexico, Grupo Aeroportuario del Pacifico, Aeropuerto de Cancun, Servicios Aeroportuarios del Surest y Haig Gulesserian presented their technical and financial proposals to build and operate the airport.

The SCT (Mexico’s transport and communications regulatory body) now has 18 days to review the technical proposal and go ahead with the financial offers of the finalists.

The prices of the land and the new real estate developments in around Tulum (many of them on the airport area) are expected to raise as a result of the better access.

 

Aldea Zama, the leading real estate development in Tulum

Posted on by
Reply

UPDATED TULUM NEWS: THE FIRST CONDO DEVELOPMENT IN ALDEA ZAMA IS ALREADY FINISHED AND AVAILABLE FOR VACATION RENTAL. RENT A PENTHOUSE CONDO AT THE BEST LOCATION IN TULUM FROM JUST US$ 700 PER WEEK (INAUGURATION PROMOTION)

Aldea Zama is the real estate project that is about to transform Tulum.  This big development located between the Tulum town and the beach aims at replacing the downtown area as the main location for both residential and commercial projects.

The development takes into account strict construction rule, enforcing the usage of materials like stone, wood and thatched roofs.  Aldea Zama offers commercial, single residential and condominium lots in three differentiated areas.  The project makes a lot of sense, as the Tulum town is not attractive at all.   Another factor boding well for value appreciation is the fact that the Tulum airport will start being constructed in 2011-2012, avoiding the current trip from the Cancun airport (90 minutes).

The small commercial plots sell around $80.000, and the residential ones (bigger) start around $100.000.  You can check the project at the website www.aldeazamatulum.com.  For inquires on Aldea Zama, you can reach Mariela Tugores at mariela@schimar.com or +52155 1510 3210.

The basic infrastructure will be delivered during 2011 (most of the internal roads are already built).