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How to Buy Land in Playa del Carmen


Thomas Lloyd,  Broker By Thomas Lloyd
2011-07-11

Have you been considering Playa del Carmen land for sale?  If so, you may know that the market has some excellent opportunities, even though Mexico land for sale in Playa del Carmen tends to get less attention than other property types.  To help make the most of your land purchase, you should consider the following steps.

 

  1. 1.       Find an experienced agent – A few points are important here.  One is that you find and work with an agent.  Other Playa del Carmen real estate types (new condos, golf course homes, etc.) are very much in the spotlight; land in the area, however, tends to be overlooked and get less attention.  For this reason it is that much more important to work with an agent who knows where to look for the land that is appropriate to your needs.  This is where the “experience” part comes to play as well.  We might add to this “qualified.”  Official training and in-depth knowledge will help your agent advise you on the legalities of land transfers, especially in areas where non-Mexicans don’t usually buy.
  2. 2.       Consider your purposes and goals – For your agent to help you find the lot right for you, you will need to be able to tell him/her what your needs and preferences are.  Are you buying so you can build your dream home for retirement, or to see return on a real estate investment?  Both are entirely possible in Playa del Carmen, but it could very likely be two different parcels of land which are most suitable for each purpose.
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  4. 3.       Research costs, permits, etc. – Whether it’s for investment or for retirement, or perhaps for business, you will want to have a very good idea of what the costs will be to improve the land for your particular purpose.  This ties back to step 1; if you are working with an experienced and qualified agent, they will be able to help advise you on what costs typically are, and recommend you to professionals who can help work this out more exactly.  They will also get a quick feel for whether a parcel of land is suitable in terms of overall costs.
  5. 4.       Consider the entire market area – Don’t get hung up on buying a lot near downtown, for example when you can buy a perfectly good lot in an excellent location out a gated community.  Of course, it does have to suit your needs, but be sure to consider all options equally.
  6. 5.       Take your time – Don’t rush or jump on decisions.  If there is an excellent deal, you will want to move before it’s gone, but it’s better to risk losing “the opportunity of a life time” than risk losing funds from making a bad choice.

 

Following these guidelines, you will be very likely to find the land best for your needs, feel satisfied and see results from your purchase.

 

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Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"

 

Region:  Playa del Carmen 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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