Overseas - February, 2007

 Friday, February 02, 2007
Stunning properties in a tourist favourite

Tourists have long known about the Mexican region of Campeche, with its beautiful Gulf of Mexico coastline and enthralling history. Now, thanks to PURE International, overseas buyers can invest while they indulge.

Campeche Playa Golf Marina & Spa Resort is the first residential resort in Campeche. Previously untouched by overseas property investment, this delightful region will serve as a luxurious alternative to more traditional south and central Mexican tourist destinations. This development is set to serve as the standard-bearer for the  luxury resorts dispersed along the coastline that is set to make Campeche a five-star investment and tourist location.
Mexico records an average annual hotel occupancy rate of 83%, highlighting the established tourism market that is currently driven by the US and Canada. With 11 international standard golf courses planned within a radius of 15 kilometres, Campeche will retain its natural sweeping landscape with the added benefit of coastal residential developments. Opened in February 2006 by Vicente Fox, the then President of the United States of Mexico, Campeche Playa Golf Marina & Spa Resort has received widespread support from members of the national and local government.

The Campeche State Governor, Carlos Hurtado, comments: ‘We wholeheartedly support this project as it represents a great opportunity to attract investment and evolve coastal possibilities for tourism that have long been awaiting discovery. Tourism is a very important source of income and currency for the country and promoting projects of this nature is very beneficial, especially for Campeche, which wishes to establish itself as an international tourist destination.’

The $500 million Campeche Playa Golf Marina & Spa Resort will provide 3,000 two- and three-bedroom apartments, penthouses and town houses, along with numerous swimming pools, marina and Jack Nicklaus Signature golf course. Residents will also enjoy three kilometres of unspoilt Gulf of Mexico coastline, including direct access.
Sean Collins, Managing Director of PURE International, comments: ‘Campeche is an area which the government of Mexico are encouraging to become renowned for tourism whilst retaining its environmental sensitivity…More. /
The quality of the resort, calibre of the developer and the government backing, combined with the extremely competitive entry prices of £135,000, is the basis for our belief that it will be very well received by UK purchasers.’

The Developer

The Campeche Playa Golf Marina & Spa Resort is being created by one of Spain’s largest real estate developers, Grupo Mall. Priding itself on the creation of environmentally friendly developments, the site of the Campeche Playa Golf Marina & Spa Resort is world-renowned for the spawning of the Hawksbill Sea Turtle and Grupo Mall is providing a modern bio-centre for the research of this species. The centre will be in charge of the care and incubation of the turtle and will incorporate a Hawksbill Sea Turtle Museum.
Grupo Mall has also ensured that the scheme respects the natural elements of the site with special focus on the preservation and protection of the nearby Mangrove wetlands. Along with PURE International, Grupo Mall has recruited Munoz & Albin architects, Chapman Taylor design consultants and Ambiente landscape architects to create this stunning new neighbourhood.

The Development

Dispersed over 740 acres, the Campeche Playa Golf Marina & Spa Resort offers less than 5% build density. Along with the prestigious homes, a 500 bedroom five-star hotel, town centre, marina with space for 150 berths, restaurants, supermarket and a world-class spa have also been incorporated, resulting in the development being one of the most prestigious new communities in Mexico.
The properties themselves will be situated within low-rise blocks of three and four storeys located along the golf course, around the natural lakes and in close proximity to the marina and commercial areas. The scheme has been designed with a contemporary feel, while utilising design aspects that complement the traditional location, such as rendered facades with timber elevations. The interiors of the homes will be spacious, free flowing and will all benefit from outside balconies or terraces with a two-person hot tub. Most of the homes will enjoy a direct sea view.

The Area

Campeche Playa Golf Marina & Spa Resort is located just south of the historic city of Campeche, in the state of the same name, found in the Yucatan peninsula (southeast Mexico).
The area offers many attractions, including the Caves of Monte Bravo, kilometres of virgin beaches and picturesque lagoons and the archaeological richness of a state which is home to some of the most significant Mayan ruins, including Edzna and Calakmul. The area has been preserved from mass tourism and is the only state in Mexico boasting two cities that have been declared UNESCO World Heritage sites, the ancient Mayan city of Calakmul and the fortified city of Campeche.
The Campeche Playa Golf Marina & Spa Resort is a 45 minute drive from Campeche City. Flights from the UK are possible to either Campeche, Merida and Cancun International Airports with a stop off typically in Miami or Houston, all situated within an easy drive of the development. Direct flights from the UK and Ireland to Campeche Airport will be available in 2008.
Prices for the two bedroom apartments start from £135,000, whilst the three bedroom apartments and penthouses will range from £165,000 to £325,000.

For more information please contact PURE International, Tel: 020 7331 4500, email: contact@pureintl.com, www.pureintl.com.


Why should the UK buyer invest in Mexico?

Firmly established tourism market driven by US and Canada
E.g. 500,000 Canadian visitors in January 2006 alone
The world’s 7th largest hotel industry (source: World Tourism Organisation)
Average hotel occupancy rate 83% (WTO)
Healthy, stable economy
Free Trade Agreements with 43 countries
Balanced imports and exports
Steady drop in inflation from 18.6% in 1998 to 4.32% in 2005
Foreign Direct Investment (FDI) averaging USD $12.8 billion per annum (last 10 years)

Why Campeche State?

326 miles of pristine white sandy beaches
UNESCO World Heritage sites
Tropical climate – annual average temperature of 26°C & sea temperature never falls below 23°C
Coastline protected from main Gulf of Mexico hurricane path
Mexican Government committed to turn the coastline into Mexico’s next 5* tourist destination, following reliable history of success - transformed Acapulco in the 70’s, Cancun in the 90’s and now Campeche in the 00’s to major tourist destinations
‘I guarantee you will not regret this investment. From now on we are partners and as partners we will do our part’ President of Mexico, Vicente Fox, February 26th 2006
Current infrastructure
2 international airports (direct flights from UK & Eire from 2008)
         404 km of rail
        3,647 km of highway
        3 ports

Future plans

New highway linking both airports
Journey time reduced from airport to resort reduced from 90 to 30 minutes
Set to be the largest golf region in Mexico – 11 courses underway

Why invest in Campeche Playa Golf Marina & Spa Resort?

Direct beach access, with beach front property in the area currently appreciating by 15-20% per annum
Additional growth potential with constantly improving infrastructure
Year round tourism – four season rental opportunities
Reliable track record of developer Grupo Mall - successfully developing hotels, tourist resorts, urban residences and commercial centres, in Spain and Central America since the 1950s
Early entry pricing, with discount scheme for UK buyers to be confirmed

CAMPECHE – BACKGROUND INFORMATION

Location:

Campeche Playa Resort is 45 minutes from Campeche City, the capital of Campeche.

Campeche State is in eastern Mexico on the Yucatán Peninsula, covering an area of 56,789 square kilometers (21,926 square miles). Campeche is about the same size as the US state of Iowa and is bordered by the Mexican state of Quintana Roo on the east; by the Mexican state of Tabasco and the Gulf of Mexico on the west; by the Mexican state of Yucatán on the north; and by the Central American nation of Guatemala on the south. It is divided into eleven municipalities. The capital city is also called Campeche.

Campeche has 404 kilometers (252 miles) of coastline and includes the Isla del Carmen, Jaina, Triángulo, and Cayo Arcas. The mountains (sierras) are situated in the northern and eastern parts of the state.

A great flat plain stretches to the south and the region also includes cenotes, natural pools that formed when water seeped through the limestone of underground caves.

There are small lakes throughout Campeche, and the coastline is dotted with lagoons. The main rivers are the Candelaría and the Champotón. The Usumacinta forms the border with Tabasco. The Laguna de Términos (Términos Lagoon) lies on the southern part of the coastline with the Gulf of Mexico and is fed by several rivers, including the Candelaría.

Population:

Campeche had a total population of 690,689 in 2000; of the total, 344,334 were men and 346,355 were women. The population density was 12 people per square kilometer (31 people per square mile). In 2000, the capital, Campeche, had a population of 216,735.

About 85% of all citizens speak Spanish as their first language. Campeche has a fairly large population of indigenous (native) people, primarily Mayan. About 15% of citizens speak one of the Mayan languages as their first language.

Economy:

About 45% of the state's economy relates to the oil fields just off the shores of Campeche. Tourism (15%) is the next most important sector of the economy along with financial and real estate services (15%).

Agriculture and livestock are an important part of the economy in the northeast, where there is less rainfall. Fruit orchards produce mangoes, citrus fruits, watermelon, cantaloupe, and papaya. Other crops grown in the state include corn, rice, beans, sorghum, soy, jalapeño peppers, peanuts, and several varieties of squash. Cattle, pig, and goat production are other sources of income to the state, as well as beekeeping.

For further press information and imagery, please contact:
Matthew Fox        Tel: 020 7331 4436         Email: mfox@pureintl.com


posted on Friday, February 02, 2007 12:39:47 PM (GMT Standard Time, UTC+00:00)  #    Trackback
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