Texas company plans Campeche beachfront development
Global Property Service Group of Texas has put up for sale almost 100 ocean-view lots on the Mexican Gulf Coast in Campeche.
The pristine area is located next to a quaint fishing village called Sabancuy — about a one-hour drive from Campeche International Airport. Property is available for private buyers as well as professional investors. Prices for the beachfront land range from $36,500 to $175,000 USD.
Analysts of GPS Group estimate that ROI (Return on Investment) could be as much as 300% over the next 3-5 years. Current investors in the project have already reported double-digit equity gains.
Some experts believe Campeche has all the same ingredients for success as Playa Del Carmen or Cancun did 20 or 30 years ago, including pristine beaches, Mayan ruins, and world class fishing to name a few. Now affluent visitors from Tabasco, Villahermosa, and Campeche will have an alternative to long drives to Quintana Roo for a weekend at the beach, according to GPS Group.
Developers already have plans to build up a 12km stretch of pristine beachfront near Sabancuy. Additional commercial and touristic construction is scheduled to begin after the approval of the eco-touristic master plan. In this regard GPS Group invites to collaboration local investors as well as international partners. The company also reminds that now foreign buyers can obtain the property ownership through corporations.
You can find out more about beachfront lots from the website http://www.globalpropertyservicegroup.com.