MEXICO PROPERTY NEWS - MAY 2008
Monday, 12th May 2008
Mexican Riviera Luxury Hotel Condos at 90% Occupancy
What happens when a successful boutique five star Hotel running at 90%
occupancy since 2004 decides to go 'luxury condo'?
Well, it means that each private owner of one of these luxury condos also
receives revenues at 90% occupancy! Year in, year out! And 100% occupancy if
the new owner wants to spend some time in Mexico as a bonus to himself for
his wise financial investment!
Frommer's says "In my view, this property is the most romantic in Playa Del
Carmen. There is intimacy and drama and even a sense of isolation. Seven
stylish suites endowed with color and texture encircle a pool and softly lit
courtyard."
We agree: the property has style, sophistication, a proven history and is
perfectly placed in the heart of the Mexican Riviera.
When Matt Craig "the owner" asked us to look at
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two concerns were the difficulties for expats buying in Mexico, and the
dense development, dare I say overdevelopment, along the Mexican Riviera.
The initial question was quickly put to rest when we reviewed the Mexican
government's laws pertaining to nonresident ownership of real estate which
have relaxed considerably in the last few years.
The second we realised was a positive for anyone looking to capitalise on
an existing well-proven product, with all of the infrastructure and easy
access that goes along with this type of development.
This is a good package for those looking for a return on $312,000 as a
starting price on the smallest condo. And best of all, Matt has offered ONI
members who buy an <
Acanto Hotel property a very special 'Three Day FREE Accommodation Package'
at the Acanto Hotel. There are only 15 FREE Packages available to ONI
Members and the offer closes on July 31st, 2008.
If you are travelling to Mexico with a view to investing, we recommend you
take a second look at Acanto Hotel in Playa Del Carmen. You will find it in
the middle of the only real Caribbean Riviera, where the beaches and reefs
are endless, the entertainment is international, the gringos are friendly
and where one señor's taco can be another hombre's tostada!
For more information click here:
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Hasta la vista
Deb Andrews
Sincerely,
Deb Andrews, Editor, Caribbean Property and Lifestyles Magazine
Carter L. Clews, President, ONI
Cindy Myerly, Offshore Development Sales Coordinator, ONI
