Playa del Carmen Condo Sales – The Benefits of New Hotel Investment
- Author Thomas Lloyd
- Published July 12, 2011
- Word count 451
Playa del Carmen condo sales, especially those in hotel and resort settings, are a market closely tied to the area’s hotel industry investment, which provides new options, stimulates tourism growth, and brings further investment to the area.
Playa del Carmen condo sales, especially those in hotel and resort settings, are a market closely tied to the area’s hotel industry investment, which provides new options, stimulates tourism growth, and brings further investment to the area. The announcement of new hotel expansion, such as the "W" chain in early 2011, is always good news for condo investors.
The international hotel company, W Hotels, is expanding its presence in Mexico with two properties set to open by 2014, one in Mexico City and on the Riviera Maya (the area surrounding Playa del Carmen.) The one in Playa del Carmen will be designed by renowned architect Richard Meier, and will include a 180-room retreat, called "W Retreat & Spa Kanai." The W Kanai will be the centerpiece of the new, larger Kanai Resort development, which will include four hotels and a beach club.
Such hotel investment is good news for Playa del Carmen condo sales for various reasons; one is that developments like this continue to bring new resort and activity options to the area, both offering residents an increased standard of living, and also drawing more tourism.
The other is that it offers confidence to buyers; seeing that large international companies see the area’s potential as high enough to invest millions into large-scale resort complexes shows that there are good signs that tourism will keep growing. Many condo buyers in the Playa del Carmen area enjoy a rental income from their property while they are not using it, and strong tourism makes this possibility much more feasible and profitable. The growing hotel industry also generates increasing attention since each investing hotel will invest in international promotion.
As for the W Kanai resort, the developer has said it will offer guests a new way to escape, amidst innovative design and activities, on the coast of one of the world's most scenic beaches. The hotel, to be located six miles from Playa del Carmen and 24 miles from Cancun's airport, will integrate "seamlessly connecting" landscaping and infrastructure. For example, guestrooms, boasting unobstructed sea views, are being designed as "continuous living areas," with interior rooms merging into exterior decks enclosed by retractable privacy screens.
The W Kanai will feature a 10,500-square-foot "Away Spa" and 7,500 square feet of event space.
This type of upscale living likewise reflects the type of lifestyle offered by condos for sale in the area, especially to those in resort settings.
TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"Region: Playa del Carmen real estate Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.
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