“The Mexican economy is strong and can withstand the effects of the crisis affecting the financial sector in the United States,” said Augustin Carstens, Secretary of Hacienda (Mexican Secretariat of Finance and Public Credit), in a statement made to local press September 15 when asked about the effects of the government bailout of Lehman Brothers. He added, “We are fine…and Mexico has a strong economy.”

The effects of the U.S. crisis were felt immediately, however in the Mexican stock market, the Bolsa, which fell that day by 3.79% fueled by the U.S. drop. The …

In 1995, Jim Erhark of Rockford, Illinois, tired of long commutes and long, windy winters, visited Cancun and the Mexican Caribbean. During his stay, he befriended a “real estate guy” who showed him a beautiful home on Nichupte Lagoon, for what Jim considered a steal in the post-devaluation Mexican economy. He took the proceeds from a recently sold property back home, and dove headfirst into the purchase. Jim loved his new home and new life, that is, until the real owner of the property came back to Cancun on vacation, only …

As part of its plans to respond to the growing tourism market in the Riviera Maya, the Mexican Federal government has been backing plans to construct and operate a new international airport in the Tulum area. Oscar de Buen, Undersecretary for Infrastructure for the Communications and Transportation Ministry, explained recently that the new airport will be built to handle the passengers staying all along the Riviera, and that there are also concrete plans to modernize the highway system in that corridor.

The location of the airport project, whose existence has been …

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 …

When people think of the Yucatan, they usually think of sunny fun-filled holidays on the beaches. And when they initially entertain the idea of buying real property in the region, for many, the first idea they have is to purchase a beach condo in the same area. But there is so much more. The Yucatan Peninsula is an area rich in history and culture, and haciendas are one way to experience both.

Haciendas were extensive estates originally destined for ranching or cultivation, in some ways similar to plantations in the United …

When people think of buying real estate in the Yucatan Peninsula, they often concentrate solely on resort areas like Cancun, Playa del Carmen and the Riviera Maya, while overlooking other parts of the region. Many of these alternatives might be perfect for you, and can offer some quality of life benefits you may not have considered. Merida, the capital of the state of Yucatan, is one such region.

What makes this area attractive as a property investment opportunity for you? Keith Heitke, a New York City transplant and owner of Hacienda …