Yucatan Real Estate
In the 1960 the Cancun area was virtually uninhabited. Land had little value and there were few tourists. In 1974 the first hotel was built. Today less than thirty years latter there are over 130 hotels some by the most respected names in the industry. On January 1, 2000 there were 24610 hotels room of which 16% were in five star hotels. Of course land prices went up over these thirties years from nearly nothing to often more than a million for a single building lot if you can find one. Development has continued southward. The far southern end of Mexico's Yucatan Peninsula is the last of the Caribbean coast to develop. The price of beachfront properties drops as one heads southward from Cancun to Xcalak.
|The picture at the left is the city of Chetumal. You can see a small section of bay front street. The picture above is the "Lagoon of Seven Colors" Below is Chetumal air port.|
The beaches of Costa Maya are backed by palm groves, dunes, wetlands and a web of lagoon, with jungle stretching away into the hazy distance. Inland the rolling landscape is covered with a mantle of tropical forest harboring a wealth of wildlife. This is home to jaguar, monkey and many colorful birds.