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Tulum Real Estate: Interesting Market Study
 
The Tulum real estate market in the Riviera Maya in Mexico would make an interesting study for a real estate academic. The effect of speculation over the new Tulum airport, coupled with an overflow of massive real estate market growth from neighboring Playa del carmen, has had a remarkably positive effect, even in 2009 and the worst of the global crisis.
Despite the fact that the interest of business groups and disagreements between the State Government and Federal Government have held up the new airport project, propery prices still continue rising.
The fact that the airport - the  Tulum real estate market's jewel in the crown - has seen deadline after deadline missed already, market professionals, analysts, and local business people and politicians all know it will still go ahead soon, it is just a matter of time. This means Tulum real estate prices continue to rise gradually still.
Humberto Trevino, the Mexican Secretary of Transport, is expected to announce the bidding for the airport project this year, and by the end of this month the guidelines will be published.
The new Tulum airport will be able to handle 700,000 passengers in its first year, increasing to 3 million passengers ... more

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