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Playa del Carmen, Mexico, November 30, 2009. Real estate buyers in Mexico, who have put their investments on hold to get through the desert of economical drought, are currently becoming more active and vacation rentals are also starting to boom.

This movement is especially visible in Playa del Carmen, a Mexican Caribbean beach town with white sand beaches and azure waters, only about an hour away from Florida, where a new luxury condominium, El Taj Oceanfront, is about to open its doors in January, 2010. “We have pre-sold 75 percent of our units, even though it took as much longer than usual,” says the developer, Jack Perlman, a native New Yorker.

Perlman’s company, Condo Hotels Playa del Carmen, has built and sold out four luxury condominium hotels in Playa del Carmen over the past 17 years, and is braving the rough economic waters with the on-going sales of the fifth one, El Taj Oceanfront, which has 27 of the 41 units pre-sold.

Since the owners who acquire the units usually rent them throughout the year, Playa del Carmen vacation rentals are starting to rebound as well. The system created by Mr. Perlman makes it easy for the owners, as there is a property management company that makes sure the units are rented.

Therefore, those looking for Playa del Carmen vacation rentals have a chance to stay at beautiful luxury condominiums owned by someone else. Vacationers renting the units will feel like they are staying at their own house by the beach, but will receive the services of a 5-star hotel.

The developer obviously has confidence in the rebound of real estate market and the future of the region in general, as he has invested US$16 million in his new project.  For those wanting to follow his lead in Playa del Carmen real estate investing, prices for prices for one bedroom units at El Taj Oceanfront start at $300,000; prices for one bedroom rental unit during low season start at $100 per night, making these Playa del Carmen vacation rentals an incredibly irresistible choice.

ABOUT CONDO HOTELS PLAYA DEL CARMEN

Condo Hotels Playa del Carmen consists of four distinct luxury condominiums with 100 units total:  Villas Sacbe, Porto Playa, Maya Villa and El Taj Beachside, with the fifth one, El Taj Oceanfront, opening in January of 2010. The properties provide the services of a 4-star hotel, such as 24-hour front desk, maid services, airport pick-up, parking garage, gym, baby sitter, and a 5-star restaurant.  Each condominium is surrounded by a private courtyard with landscaped gardens, a fountain and a swimming pool. Playa del Carmen beach is steps away, and the convenience of the best restaurants, nightlife and shopping is within easy walking distance.

For more information, please visit http://www.condohotelsplayadelcarmen.com/vacation-hotel-groups.php.

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