As planned, promised and paid for, telephones are coming to the Costa Maya. With the (already funded) government infrastructure increasing and progressing with rapid speed, we watch the prices of Caribbean beachfront property increase along with it.
The latest and greatest is the presence of our beloved TELMEX (Telefonica de Mexico), which arrived at the Costa Maya a month ago. (See Photo attached)
As every road is laid, as every electrical pole is erected, as the Chetumal International Airport expands its runways to receive 747s and DC-10s, prices rise. It’s the fundamentals of real estate: buy unimproved land, have it improved with infrastructure and it is worth multiples of what you paid. Of course, this is evident to those who have already purchased their piece of Caribbean paradise. And for those who have yet to enjoy the prosperity, or have yet to secure their retirement location, there is no better time than RIGHT NOW – before the infrastructure is completed.
And the band played on:
A friend recently introduced me to a band from Spain called the Gypsy Kings. They are now (and forever) associated in my meager mind with the progress of road construction. As it took me twice the normal time (because of the road construction) to travel from the Costa Maya to Chetumal and back the next day, I listened (over and over again) to the only CD I had with me – the Gypsy Kings.
You see, driving to and from the Costa Maya to the state capital of Chetumal, you find three road crews, working 24 hours a day, pushing back the forest and almost overnight adding third or fourth lanes to the already existing two-lane road on Highway 307. While I wasn’t there with the Gypsy Kings to witness the third shift personally, the progress from 6:30 in the evening to 11:00 am the next morning could not have been produced by merely the two day crews. (On my return I actually drove on part of the new, yet to be paved, road.)
And they just keep coming…three cruise ships a week to Puerto Costa Maya.
Two weeks ago, Puerto Costa Maya started receiving at least 3 cruise ships a week totaling over 7000 people, and the Costa Maya office of Trans Caribbean Trust Company welcomes each one. Somewhat to our surprise, we are accepting 2 to 3 contracts per ship. And they just keep coming.
After the horrible tragedy on September 11, many cruise ship companies have decided to re-route a large number of their Mediterranean tours to the Western Caribbean. We have been informed that in addition to the already confirmed cruise ships next year, in 2002, there will be another 175 ‘ship days’ at the Puerto Costa Maya. We have yet to receive the final head count, but the numbers are very promising for the Costa Maya.
As the Master Plan for the Costa Maya continues to be implemented, the demand is being delivered right to the door. We never expected the number of ‘same day’ purchases to be so high, but the simple fact remains: buy land undeveloped and sell it when it is developed and you are left with a profit. People are seeing this when they get off the cruise ship and want to get involved, either personally, financially or both.
But not everyone is in it for the money. The majority of our customers are purchasing simply because NOW it is affordable and they are locking in their retirement prices 5 to 10 years before they retire. Don’t wait too long; things are happening and the government is waiting for no one.
ENJOY COSTA MAYA!