Two of Mexico’s most popular vacation spots are also two of the country’s most important real estate markets – Cancun real estate and Puerto Vallarta real estate. The good news is that you can use Mexico vacation rentals in either area to “test drive” your real estate purchase.
The way it works is that when you first start your real estate search, you identify the kind of property that you think would be ideal for you; consider size, property type (home, villa or condo?), location (on the beach, back from the beach, downtown, etc.) and any other factor that you think will be important for you when you own your beachfront dream home. Then find a vacation rental that is similar to this description.
This approach offers several advantages:
- You can change details – If you are buying in Puerto Vallarta, for example, you may realize that for you it is more important to have a view than to be located directly on the beachfront. In Cancun, you may realize that it really is important for you to be directly in the “Hotel Zone” – more so than the walk-everywhere convenience of downtown. It can also help you determine which is the right size or property type for you. “Test driving” properties is useful to help determine exactly what you need.
- It’s short term – Vacation rentals are also short term. If the property you rented isn’t right for you, you can find another rental that seems more along the lines of the new vision you have for your dream property. Both Puerto Vallarta and Cancun have a healthy variety of rental properties to try out in this way. Of course, you don’t want to change too often, but adjustment is possible to help you in your real estate search.
- You can carry out your real estate search in the meantime – If you are trying out the beachfront lifestyle in Cancun or Puerto Vallarta in this way, you can easily take time to continue with your real estate search while you’re enjoying a little vacation.
Of course, depending on what kind of property you by, if you’re not using it all year round, later on you can offer your own property for vacation rental. You’ll also have the resources of the rental agency contacts or other promotion methods, making it easy to begin!
TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"
Region: Mazatlan 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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