Recently, a new section of Grand Coral Rivera Maya was opened, just at the north end of Playa del Carmen, Mexico. This section includes a new Nick Price golf course, and an accompanying condo residence, named for the designer of the golf course. Both the course and the condo development are significant additions the area's growing golf culture.

Riviera Maya golf course real estate not only offers condominiums and homes of high quality on golf courses, but it is important to note that the golf courses are professionally designed; the quality offered by the area's courses has gained sufficient reputation to be named Latin America's capital of golf. In addition to Nick Price, other professional designer names that show up in the area include Jack Nicklaus, Robert Von Hagge and Greg Norman. With a total of 13 excellent courses within an hour of Playa del Carmen, the area is golf lover's paradise with real estate to match the quality of the games.

This particular course in Grand Coral Riviera Maya offers 18 holes with a par of 72, and lives up to the area's growing reputation of well-designed, professional-level, challenging golf courses.

In the case of the Nick Price Residence, as the condo development is called, this is Mexico golf course real estate at its finest. In addition to the benefit of overlooking a very fine golf course, the development will include a Club House with a gym and a spa; there are also bars and restaurants as well as tennis courts. Owners also receive access to a beach club on one of the area's finest beaches. The Grand Coral resort complex offers 2,500 linear feet of beachfront.

The Nick Price Residence is currently in the preconstruction phase, and will include 3 buildings, 4 stories each, for a total 123 residences. 1, 2 and 3 bedroom units are available. Prices start at $350,000, and developer financing is available.

Directly on the beachfront, between the golf course and the ocean, is another development called Mareazul. This condo complex offers a very large pool and common area, with direct access to the wide, white-sanded beaches and turquoise water of the Caribbean which has made Playa del Carmen famous. This complex is nearing completion, and prices start at $600,000 USD.

In both cases, the developments offer the best of what buyers seek in Playa del Carmen and the Riviera Maya; one of the area's best beaches, a high-end beach club, and a professional golf course. The units are also designed for comfort and elegance, and the complex includes an excellent range of amenities and services.

Buyers can expect that the value of such units will rise, especially in the case of the preconstruction units in the Nick Price Residence. Those who buy as a vacation home, and intend to rent out for income when they are not using their condo, can also expect high demand for this prime location.

Grand Coral Riviera Maya is also located only about 2 miles from the heart of downtown Playa del Carmen. The Cancun International Airport, Mexico's second busiest with a very large and growing variety of international flights, is only 35 minutes away.

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Thomas Lloyd, Founder and President of TOPMexicoRealestate.com

Originally from Indiana, and a graduate of Purdue University in the Krannert School of Management, he holds a degree in management with a speciality in finances. Lloyd has several diplomas and certifications in Mexico Real Estate topics and is one of only a few professionals to hold Mexico's new degree in real estate. This degree is accompanied by a Professional Identification Number, "cedula profesional," which is issued for trained professionals such as those in the medical field, or in law. He has over 15 years of direct experience in Mexico's business culture.