Generally speaking, owning a vacation home does little to improve your finances, unless, of course, you can make that property an investment. While many people like to throw around the term investment when buying and selling properties, one Tulum beachfront home is being sold well below its value, and with high rental income – this really is investment.
First of all, this is an excellent home for your vacations. With four bedrooms (one bathroom for each), and a guest house with 2 more bedrooms, there is plenty of space for your family and guests. The contemporary design makes the visual atmosphere ideal for relaxation. The living room has large windows with 180 degree views of the ocean. The infinity pool allows for enjoyable swimming with a view of the beach and ocean.
The home, Casa Ina Tan Kanab, is located in the town of Akumal, about 20 minutes north of Tulum on the Yucatan Peninsula. There are many activity options in the surrounding area, ranging from golfing or sailing to the thriving nightlife of downtown Playa del Carmen – about 40 minutes away. There are also a number of shopping options, both large store such as Walmart, and smaller boutiques. The Cancun international airport is only slightly over an hour away.
These same factors make this Tulum beachfront home ideal for vacation rentals. The home is, in fact, already fully booked for the 2010/11 Christmas – New Years season, and the current owner has more than covered expenses by renting out this home, which he also enjoyed for personal vacations.
The home also enjoys prime conditions for very good value appreciation. Similar homes in Akumal are being sold for around $2 million USD. This owner is very motivated to sell, and listed the home low at $1.4 million. The price has been reduced from that price to $899,000 – a 36 percent price reduction on an already well-priced luxury home! Also, just down the road in Tulum plans for a new airport are underway. When the airport begins service, prices and rental demand are sure to go up.
Enjoy an excellent vacation home, and an income from that same home; consider Casa Ina Tan Kanab.
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Region: Akumal real estate
Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.
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