There's no better opportunity for a great real estate deal than an absolute auction.

And, on August 13, one will be happening right here on the island, so this Cozumel beach home will be sold, regardless of price!

Today, following rumors that Donald Trump Jr. is once again looking to build a resort on the island, a spokesperson for Cozumel's mayor said the property developer is "welcome in Cozumel".

Víctor Hernández, who speaks on behalf of Mayor Aurelio Joaquín González, told This is Cozumel no official approach has been made, but Trump Jr. could build a resort here if he complies with environmental laws.

The governor of the state of Quintana Roo, Roberto Borge Angulo, told local media, earlier this month, that new direct flights will start between Cozumel and Mexico City on July 1, 2011.

* UPDATE: flights will now start June 30.*

Two giant US-owned hotel groups rumored to be planning new projects in Cozumel are remaining tight-lipped and refusing to confirm any details.

Local newspapers have claimed a Sheraton complex is being built on the island and that AMResorts is also planning two hotels.

Retail chain, Walmart Mexico and Central America, confirmed, yesterday, that they are building two new stores on the island, with plans to open in late June this year.

The Sam’s Club membership warehouse and Bodega Aurrera discount superstore are being constructed next to each other, in a new development area just over a mile inland from downtown Cozumel.