Cancun Real Estate & The International Significance Of Dragon Mart

By Author: Cindy Ader
Total Articles: 503
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One of the most important features which have defined the Cancun real estate market over the past few decades is a growing international role of the area. This role has manifested itself with an increasing variety, all, directly and indirectly, benefiting those who buy real estate in the area.

Among the newest examples if this is the announcement of Cancun Dragon Mart, planned to be opened and operating for November 2012. This would be the second exhibition of this size outside of China, offering goods from that country. Dragon Mart is being brought to Mexico by Chinamex.

While Dragon Mart itself doesn't have much day to day significance for Americans and Canadians who choose to live in Cancun, it implies very clear indirect benefits. First of all, it shows growing international investment in the area. This kind of confidence from national and international corporations has brought Cancun everything from increased international flight options at better prices, to a large variety of large stores like Walmart and Home Depot.
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The opening of this exhibition is also a reflection of the area's international role. Cancun's international airport has begun to develop as one of the main travel hubs between North America, the Caribbean and South America, as well as Europe and Africa. Cancun has been chosen to host the recent climate change summit, as well as major political forums.

Not only was Cancun chosen for each of these because of the excellent infrastructure which already exists, as well as its ideal location, as is the case with Dragon Mart, but each one continues to bring important cash-flow to the area. This cash flow means that residents of Cancun will continue to enjoy high-quality roads and highways, excellent airline connectivity back home, and, in short, the best of an comfortable, international lifestyle.

Dragon Mart will be opened with an initial investment of $150 million USD for the project. It will be located on the Cancun-Playa del Carmen highway, near Puerto Morelos, 15 minutes from Cancun airport.

Investors are also expecting an increase of land value around the complex, in a fashion similar to what happened in Dubai, where the price of the properties adjacent to the Dragon Mart in the city increased to 500 times its cost in 2004, and a similar situation occurred with the value of homes inside the complex.

Air connectivity of the destination and the possibility of extending the port infrastructure were the factors that led to Chinamex executives to choose Cancun over options in other countries such as Brazil, Chile or Argentina; this can serve as confidence for Cancun real estate buyers that they are indeed investing in one of the best areas available.

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Region: Cancun Real Estate by Cyndi Ader, originally from the US, has been living in Cancun, Mexico for 17 years. She is a member of A.M.P.I. (The Mexican Association of Real Estate Professionals) and is currently a member of the International Relations Committee. She is also an international affiliate of NAR (National Association of Realtors). She is the owner/broker of Cancun Properties Real Estate and specializes as a buyer’s broker.