While buying in nice beachfront communities in Mexico, like Playa del Carmen, is already very cheap, there are several ways in which you can find a good deal on new Playa del Carmen condos above and beyond the normally accessible prices. The following are a few items you can check for.
Preconstruction Discounts – When developments first begin their construction, the almost offer significant discounts on the units sold in the early phases. The savings become real property value increase when the later units are sold at full price. These kinds of discounts can be excellent opportunities for both investors and for those looking for a retirement or vacation property at a lower price.
Early Purchase Negotiations – Even though set prices are advertised, there is always room for negotiations; if an excellent preconstruction discount is already in place, it might be best to take the unit you want before another buyer moves on it, but an agent will be able to help you decide if its the best time to negotiate or move on an excellent discount.
Added Amenities – Negotiations aren't always about the price. Sometimes for the same early discount price, you can negotiate for further features to be included. When the price is already very competitive, this is perhaps a better option for negotiations. It still amounts to final savings, since you will not have to put up the cash to have these features included later on.
Newly Developing Areas – Often, lower prices can be found in areas that just beginning to develop more fully. Since they don't have the established reputation of communities or areas that have been known as upscale communities for a couple of decades, developers can both buy their land cheaper, and offer lower prices to attract buyers. This does not mean by any means that the area is less attractive. The areas will often include many of the same features, such as bike trails, access to the beach nearby shopping areas, close highway access, and even building bylaws to ensure that the area develops with an upscale atmsphere.
These are just a few points to look for, but can give a starting point to find an excellent deal on a new Playa del Carmen condo.
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