The island of Cozumel, settled a 45 dinky boat ride off the shore about an hour south of Cancun, is currently a popular for retirees and other expats buying Mexico real estate and living in this country. Essential news for this market within Mexico is that an leading step has been taken in enthralling the island's new Marina toward completion.
The Essential step seen in early 2011 was the signing of an business transaction with representatives from the hotel InterContinental, to start with the construction of the entry to the marina. With the new agreement, the Cozumel Marina scheme could move ahead at full tilt during February 2011. The scheme is funded by the National Fund for Tourism improvement (Fonatur), and is settled on the south of the island.
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The construction of the new marina in Cozumel will offer a new outlet for high-quality Mexico property on the island. Mexico beachfront for sale often receives added value, and offers buyers a higher level of lifestyle due to tourism-focused infrastructure, especially large-scale projects such as this marina.
So far the Cozumel Marina has seen an speculation of over 200 million pesos (about million Usd) and has been awaiting an business transaction with the hotel in order to complete the final stage of the project.
The windup of this marina will mean exquisite opportunities for the island in terms of investment, tourism and promotion, since it will be other attraction for the island. The marina represents the potential to attract visitors and real estate buyers with larger purchasing power, and offer events such as international navigation competitions.
The Cozumel Marina also represents the feasibility of having more hotel rooms; larger tourism numbers also means added speculation into infrastructure and business, contribution real estate buyers more convenience and lifestyle activities.
The marina will have a capacity of more than 300 boats, large-scale condo construction, as well as restaurants and shopping options.
The expand of the marina's construction will be a very leading step transmit for the island's real estate market.
Mexico Real Estate News: Cozumel Marina building to advanceRecommend : todays world news headlines
