Investing in high-demand real estate in Mexico is one of the safest and most convenient ways to grow your money.
In difficult times, the real estate industry can be very attractive for investments, since it’s a proven stable, reliable way to protect your wealth. Local currencies may rise and fall during times of crises, but properties maintain their value and strengthen their equity.
Mexicans and foreigners alike can buy and sell properties in Mexico with ease. Real estate in Mexico has immense growth potential and is a relatively easy investment to make -- easier than you may think.
Take advantage of pre-sale prices.
Buying real estate at a pre-sale pricing cannot be beat! This means that construction on the property is not yet complete. It also means that you’ll have preferential pricing that translates into big savings in the long run.
Prior to buying at presale rates, make sure that the real estate broker has payment plans available and that the seller has a good reputation. The property also needs to be in a prime location - with real estate, the adage remains: “location, location, location”. The property also needs to have built-in security, amenities, and all the documentation is in place.
One way to put your new property to work for you - right away is to rent it out quickly.
If it’s located in a prime tourist destination with a large influx of visitors, such as the beaches of the Riviera Maya, Cancun, Puerto Vallarta or Los Cabos, renting your property will be a breeze! You’ll get an excellent ROI quickly. This is one of the short-term benefits of investing in real estate in Mexico.
One of the long-term benefits of these types of investments is that you’ll have real estate with capital gains that will increase over time.
Equity is one of the great advantages of real estate. Equity is the value of the property that increases over time.
It’s important to understand that PRICE and EQUITY are not one and the same. The price is the cost you pay to acquire the property but the value will increase over time.
The capital gains of a property is determined by taking into account several factors such as location, commercial development in the area, accessibility to services, the cost of nearby properties and also the maintenance of the house or condo.
Whether long-term or short-term, investing in real estate in Mexico is more profitable than putting your money in a bank. Banking products generally offer low returns compared to the real estate sector.
Investing in a property will give you a return that’s above the inflation level. In the long term, your capital and assets will grow in a healthy way, and at a higher rate, than if you had saved them in the bank.
In the long term, you’ll be able to consider remodeling your property or even adding on in order to sell it at a price much higher than what you initially invested.
With real estate, you’ll never lose money, you’ll continue to obtain a profit that you can re-invest to grow your wealth.
Buying and selling properties in Mexico is a great long-term and short-term investment option. Best of all, you don't need to be an expert to do it, you just need an experienced and trusted real estate agent to become your ally to make the best investment.
At TAO Mexico, we have properties in the best tourist destinations in Mexico and we offer you all the advice you need to put your capital in the right place according to your needs and financial goals.
Get in touch today! It’ll be our pleasure to assist with all of your best real estate investment needs in Mexico.
December 16, 2021