Friday, November 10, 2006

This Week in Riviera Maya Real Estate


A Weekly Update on What's Happening in our Community and Market Area

- TM Real Estate Group is inviting all brokers and agents to the launch of one of the most important real estate new projects on the Riviera Maya, the XCALACOCO BEACH RESORT just north of Playa del Carmen. The resort is offering a unique Private Residence Club plan for buyers. There are 265 new residences starting for sale next week. The event takes place on Thursday November 16th at 6pm at the Porto Real Hotel on Avenida Contituyentes in Playa del Carmen. All brokers and agents are invited. MLS 4 Riviera Maya will be there. For more information, contact Director of Sales Miguel Angel Rico at marico@tmrealestate.com

- Judi Shaw of Remax Playa is off to New Orleans to attend the National Association of Realtors conference for 3 days. There will be 65,000 attendees and 10,000 exhibitors on the expo floor demonstrating the latest in technology for our industry, new projects world wide developers, Exposes for different countries. "Its a great place to network" says Judi. The conference is packed with educational classes such as marketing resort and luxury real estate world wide, training on ethics, business building techniques and much more than we can describe here. It is a great occasion to improve grow and learn what buyers and sellers want in a realtor ....

- Shawn Bandick at One Stop Real Estate reports that his office is cramming to close and finish paperwork for all deals before Dec. 12th. "The City Offices will be closing for the holidays and we must get stuff in before they shut down for the holidays. Its crazy busy here" reports Shawn.

- One Stop Real Estate has sponsored the local Youth American Football League in Playa del Carmen. The Playa del Carmen Caballeros play teams from Cancun and Merida. With over 10 club teams in the league with several divisions, American Football is growing and with community support from our Real Estate Community, the sport keeps growing. The Midget team is undefeated in league play this year and has taken the more established teams by surprise. Ricardo Penkoff (14), son of Jorge Penkoff, partner at One Stop Real Estate is the Quarterback for the team and Riley Bandick (13), plays fullback and defensive lineman as part of the # 1 rated defense in the league. Jorge Penkoff says "The kids learn how to play within a team working for a goal while they have fun. It's great fun and we can instill values of cooperation, teamwork, and hard work by supporting youth sports"

- Bill Morales at Cozumel Living reports "I can’t believe we're at a tourist resort. Its so peaceful!" said Charles and Kate Green as we toured an ocean view lot, with a two floor, one bedroom studio, on a 650 sq meter land, with lush vegetation surrounding the perfectly trimmed lawn, located in downtown Cozumel just a block from the main avenue and the turqoise blue sea. They finally found what they had always wished. Home away from home. Only $ 190,000 usd! The Hartzog family are already packing and getting ready to come next summer when they will receive their brand new oceanfront, two bedroom condo just sold for $ 300,000. The day after we were told by the constructor prices had increased 15%. The Hartzogs realized they had not only bought a wonderful vacation home but also made the best investment ever. We are having busy and exiting days" says Bill Morales – Sales Agent and MLS 4 Riviera Maya Member.

- Conficasa Playa reports that commercial loan activity has really increased over the last month. They have formed an alliance with several banks and private investors in the US and their clients are happy with the results. "We now have outlets for Hotel Loans and Commercial Development Loans as well as short term Bridge Loans. We received term sheets for two clients this week and expect more in the near future. Our lenders will consider Commercial Loan requests as low as $1,000,000" says Manager Tom Martin.

- This week, MLS 4 Riviera Maya welcomed new members Sally Wood Evans of Coldwell Banker, Pamela DiOrio of Luna Maya Real Estate in Akumal, Clark Kent Race of Remax Playa, and Ricardo Barton of Riviera Realtors to it's growing list of brokers and agents who post their listings on the web site engine. With over 300 listings already posted within the last 45 days and over 4000 links with over 4000 pages indexed (http://www.widexl.com), MLS and Riviera Maya Real Estate News are the fastest growing sites in the Riviera Maya.

This Week in Riviera Maya Real Estate is posted every Friday Night. If you have news you want us to promote, you must email it to us no later than 5pm each Friday to jp@mls4rivieramaya.com. Articles and their links are posted on Riviera Maya Real Estate News and the MLS 4 Riviera Maya Blog. In addition, it is emailed to all on our newsletter list

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