Friday, August 6, 2010

Yucatan Real Estate 2010 - $1.5 Billion for Infrastructure

North Americans looking for Yucatan Real Estate are attracted by several important features, including the numerous world-famous beachfront options, such as Progreso, near the state capital Merida, or Cancun and the Riviera Maya in the nearby state of Quintana Roo, or by the colonial charms of Merida Real Estate, combined with the convenience of all the modern services of a metropolitan. Whether buyers are looking for an excellent Mexico Land investment, a beachfront condo, or a luxury home, Yucatan real estate provides many options. In all cases, the state and federal government realize the economic importance of international real estate buyers, and fully support all kinds of real estate development with ever increasing funding for the infrastructure needed to make life in this area convenient and comfortable.
In the coming year the state of Yucatan itself will have an even bigger infrastructure budget to work with; for 2010 the federal government's investment in the state of Yucatan will be approximately $120 million dollars more than the 2009, in addition to funds for tourism. The total budget from the federal government is expected to be about $1.5 billion dollars, designated for specific improvement projects in the state, mostly in the areas of infrastructure, health and education.
The funds will not only benefit the Merida real estate area and the state of Yucatan, but much of the Yucatan Peninsula (which includes two other states), giving tourists and real estate owners continually improved road infrastructure, among other conveniences.
The Yucatan Peninsula includes some of the most famous choices for both international tourists and real estate buyers, such as Cancun and the Riviera Maya, and less internationally famous, but no less attractive beachfront communities, such as Progreso on the north of the peninsula. It also includes Yucatan's beautiful colonial cities of Merida, Valladolid, Campeche among others. Regardless of where you buy your home, you can travel easily to other parts, enjoying the unique attractions of each place. Highways and roads are kept in excellent condition, and investment is evident in beautifully kept up cities.
As international real estate investment and purchasing in the Yucatan peninsula continues to grow, the government continues to support this growth throw an increasing amount of infrastructure investment in the area, adding confidence and convenience to real estate purchases and lifestyle.
Merry Christmas from:
TOPMexicoRealEstate NETWORK; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
(ArticlesBase SC #1615071)
Mitch Keenan - About the Author:
TOPMexicoRealEstate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!" Region: Yucatan Real estate by Mitch Keenanhas been a Licensed Broker in the United States since the 1980s. He holds a GRI and a CRS from NAR (National Association of Realtors). With over ten years of living and working in the Yucatan real estate industry, Mitch brings American business ethics and Mexico business experience together to give buyers unparalleled service. 512-879-6546