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A Travel Destination Or A Home Away From Home, Merida, Mexico Is Where The Smart Buyer Roams

By Richard • Sep 8th, 2008 • Category: Affordable Luxury
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With its Natural Beauty, Colonial History, and the Lowest Crime Rate in all of Mexico, it’s Not Surprising that Merida is the Current “Hot Spot” for Real Estate Investment in the Yucatan.

LOS ANGELES, CA – Known as the ‘White City’ for its limestone buildings and cleanliness, Merida in Mexico’s Yucatan Peninsula offers visitors and residents a unique blend of natural beauty and Mayan and colonial history.  Second home buyers, vacationers and retirees alike have all begun to flock towards this Fortune Magazine “Top 5” pick for residential real estate investment, and now developers are following the trend.

Located on the enchanting Yucatan Peninsula, Merida was founded in 1542 by Francisco de Montejo, a Spanish conquistador who recognized the city’s potential due to its close proximity to the ocean.  Prior to the Colonial Era, Merida was part of the Mayan Empire – and because of this, visitors have easy access to some of the Western Hemisphere’s most breathtaking ruins sites.

In total, there are seventeen ruins sites located within a two-hour drive from Merida.  Famous archeological and anthropological sites such as Chichen Itza are only a short bus ride away.  In addition, the Rio Lagartos Wildlife Refuge is near the city, where visitors can expect to encounter a plethora of rare and exotic animals such as jaguars, flamingos, howler monkeys and crocodiles on the 100,000-acre preserve.  There are also bird sanctuaries a short distance away from Merida; however, to experience the local’s way of life, a trip to downtown Merida gives visitor’s insight into the rich culture that is ever present and more vibrant than ever!

Around the turn of the 20th Century, it is said that Merida had more millionaires than any other city in the world.  The result of the concentration of wealth can still be seen today in Merida as many large and elaborate homes still line the main avenue of Paseo de Montejo.
Aside from the quaint, colonial beauty of Merida, the local vigor for art and music is almost always on display.  Merida has experienced a revival of jazz, with two jazz clubs featuring live music every week.  Local art is on display daily, and currently the MACAY sculpture exhibit is open for viewing on Paseo de Montejo.

Adding to the natural and historical beauty is Merida extremely low crime rate, which has attracted many expats and foreigners to the city.

“Though the population of about one million is large enough for Merida to be considered a major market in Mexico, the locals promote an ever-growing sense of community and view all crime in the city as deplorable,” said Matthew Nussbaum of TheUSARealty.com.  “With the lowest crime rate per capita in all of Mexico, Merida is a safe community that continues to attract many visitors and developers.”

Among the newest developments in the Yucatan Peninsula is Flamingo Lakes, a collection of detached luxury homes and condominiums.  With golf-view condos starting at $113,000 USD and detached homes starting at $260,000 USD, Flamingo Lakes brings five-star living to the Yucatan.

Upon completion, Flamingo Lakes will offer a full range of amenities to its residents, which will include an 18-hole, par 72 golf course, an equestrian center, a marina with boat access for residents, and dining and entertainment options.  Bringing all the modern services of a town and the heart of a village together, Flamingo Lakes gives residents access to the convenience of home while still maintaining a very unique and personal feel.  The development will also offer a health center, church, business center and shopping.

Recent buyer Dan Klein remarked, “I was looking for a reasonably priced, family-oriented second home and am very happy with my decision to buy at Flamingo Lakes. I plan to spend about six months a year down there and am pleased with the golf club, health center, and other amenities geared towards an active senior lifestyle. My family is happy because it’s easily accessible; so they can visit any time and feel safe.”

Supported by the Mexican government and backed by US financial institutions, Flamingo Lakes delivers a completion bond on the project to ensure it will be finished and provides full hazard insurance.  In addition, title is guaranteed by First American, a leading US title company.  North American sales will be managed by TheUSARealty.com Asterix Versus Caesar video .

TheUSARealty.com is hosting a “Fly and Buy” program in which investors and customers are invited to spend three days at Flamingo Lakes.  If a customer decides to buy or invest within five days of leaving Flamingo Lakes, then 100 percent of the travel costs will be reimbursed from the purchase price.  In addition, Flamingo Lakes is happy to cooperate with brokers and is currently offering a four percent commission to referrals resulting in a purchase.

To learn more about Flamingo Lakes, interested buyers are encouraged to visit www.flamingolakes.com or call the onsite sales office toll free at (866)-309-4379.  Office hours are Monday through Friday from 9 a.m. to 7 p.m. Central Daylight Time and Saturday through Sunday from 9 a.m. to 5 p.m. CDT.

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