Articles in the New Developments Category
Baby Boomers, Cozumel, Mexico Real Estate, Mexico Real Estate news, New Developments, retire in Mexico, Retirement, Tourism »
The possibility of the Trump Organization building a mega-resort in Cozumel, Mexico surfaced again last week.
In response to local press reports about the development, Donald Trump Jr, Executive Vice President at the Trump Organization, said they “would still be interested in doing a deal”.
The Trump Organization said last May that the plans were not being pursued at that particular time, but 8 months later it seems they have still not been dropped altogether.
Although Mr. Trump said “nothing has changed” since last May, he left the door open for a project …
Headline, Mexico City, Mexico Real Estate 101, New Developments »
The real estate slowdown has not discouraged Mexico’s richest man to continue to invest in real estate. Carlos Slim, who was named the world’s second richest man by Forbes earlier this year, controls Grupo Carso, which plans to build a $800 million real estate complex in Mexico City. According to Bloomberg.com, the super project will be built on 54,000 square meters where a tire factory once stood and is near the upscale Polanco neighborhood. Bloomberg is also reporting that the plan will include include “430 apartments in three towers, a …
Baby Boomers, Cancun, Golf, Living in Mexico, Mexico Real Estate, New Developments, Retirement, Tourism »
One of a series of reviews about golf courses and golf real estate in Mexico.
The Grupo Mayan golf club offers a breathtaking Nicklaus-design course set within the grounds of the Mayan Palace hotel between Cancun and Playa del Carmen. Despite having 18 holes each with a par of just 3, this is by no means a pitch-and-putt.
Ideal for practicing your short-play and squeezing in a round that would take longer elsewhere, this exceptionally beautiful course features sand traps, jungle vegetation and lakes surrounded by rocks, a challenge for even the …
Headline, Hotspots, New Developments »
The New York Times recently featured Mexico real estate in San Miguel de Allende, a Spanish colonial town northwest of Mexico City. The article describes the influx of Americans who are taking up residence in San Miguel and how this has affected the quaint town with deep roots in Spanish colonialism. In twenty years the population has doubled to 140,000, with American expatriates now making up about 10% of residents. Real estate prices in some areas have tripled. The cobblestone and Spanish architectural structures clash with the modernization and …
Cancun, Hotspots, Interviews, Living in Mexico, Mexico Economy, Mexico Real Estate, New Developments, Retirement, Yucatan »
Less than an hour north of the Mexican border with Belize, lies the town and lagoon known as Bacalar. Previously, the area was regarded exclusively as an adventure tourism destination, but now Bacalar is a significant part of Costa Maya, an area of special recent interest, infrastructure growth and real estate development south of better-known Cancun and the Riviera Maya in the state of Quintana Roo.
Steven Sohrakoff from Bacalar Properties, answered a few questions for Mexico Real Estate Investment about the area of Bacalar.
Steven, what differentiates your area from the rest …
Headline, Mexico Real Estate, Mexico Real Estate news, New Developments, Tourism »
President Calderón and the National Trust for Tourism Development, recently announced a new $5 billion peso project to create the next big tourist destination in Mexico in southern Sinaloa. The proposed mega-project which is provisionally called the Pacific Coast Integrally Planned Center, is on the Pacific coast, 80 miles south of Mazatlan, and includes 7.5 miles of beaches. To give you an idea of the scale of this project, it is planned to be twice the size of Cancun. Projections are that the project will result in the creation of …
Baja California, New Developments »
Tiger Woods is designing a new golf course in Mexico in the real estate development Punta Brava on the coast of Baja California. The course and development are located 65 miles south of San Diego in a private location that previously inaccessible by land until the developers built a road. The development will consist of about 125 homes, a clubhouse, restaurant, spa, and 20-unit hotel. Buyers will pay a premium for the Tiger Woods brand. Prices will begin at $3 million for a vacant lot and $3.5 million for a …
Cabo San Lucas, New Developments »
The Ritz-Carlton, in partnership with Mexican resort developer Ernesto Coppel, is working on a $1.5 Billion dollar luxury development consisting of 200 hotel rooms and 200 residences in Los Cabos. The ambitious development on the southern tip of the Baja Peninsula is just six miles from the Los Cabos international airport and 1 mile from downtown Los Cabos. It will also include two oceanfront golf courses designed by Jack Nicklaus, a 18,000 square-foot spa and wellness center, and a 6,000 square-foot ballroom. One part of “The Residences” will have …
Cancun, Hotspots, Mexico Real Estate, Mexico Real Estate news, New Developments, Yucatan »
Located off the Bay of Isla Mujeres along Avenida Bonampak, Puerto Cancun is at the elbow that joins the hotel Zone to the City of Cancun. The development, which has been mired in political and financial struggles since its inception over 15 years ago, is slated to have 2100 luxury apartments and condominiums, a Tom Weiskopf golf course, a 300-slip marina for yacht owners, over 400 single-family homes, hotels, offices and shopping centers. Covering an area over 300 hectares (800 acres), this area is set up to be its own …
Headline, Hotspots, New Developments, Property management in Mexico, Tourism »
Isla Mujeres is an island paradise just a few miles off the coast of Cancun’s hotel zone. Isla Mujeres, which means “island of women” was once frequented by the Mayan people to seek favors from Ixchel, the goddess of fertility. Experiencing the aesthetic scenes of the island would quickly help you understand why the Mayans believed it to be the home of a goddess.
Today Isla Mujeres is a booming tourist destination with several ocean front developments that have just been completed or are currently under construction. Isla Mujeres is an …
