When you decide to buy Tulum real estate, one of the choices you’ll have to make is whether you’ll invest Tulum land for sale or buy a Tulum condo for sale. Each option has clear advantages for certain buyers. Consider these points to help you decide.
The Advantages of Tulum Land
Excellent Pricing – Currently, land is for sale in abundance in Tulum, anticipating the continuation of the town’s current boom. Prices are low and there are excellent options for a variety of budgets. The prices are also very attractive in terms of the total costs of buying/building/finishing compared to the price of buying a similar home already complete.
Good Investment Potential – For reasons already mentioned – low prices and anticipated growth – there is very good potential for the value of lots to increase. Likewise, since completed homes on comfortable lots tend to have a noticeably higher value on the market, the completed homes are also likely to see good appreciation.
Personalized, Custom Home – Of course, one of the general lures of lots is that you as a buyer can have a home built exactly the way you want it with custom design and features. This links back to the added value and potential for appreciation mentioned in the last paragraph. Both of these points become especially true in Tulum, since complete homes are, as of yet, rare on the market.
The advantages of Tulum Condos
Ready to Use – While land in Tulum is most certainly the most popular choice, there are real attractive points to condos; the fact that they are delivered ready to use is a big point. The complexes will come with amenities such as pools and lounge areas. Buyers who are just waiting to enjoy the Mayan village lifestyle may prefer this approach.
Excellent Pricing – Like land, condos in Tulum are still very well priced in comparison to condos in other beachfront communities. While the most striking appreciation is hoped for in land, there are also high hopes for condos.
Rental Potential – Condos offer the additional advantage of holding higher rental appeal sooner after ownership/delivery. Buyers considering this option should consult carefully with an experienced agent who can help them determine the rental potential of a given complex and location.
In the end, your own needs will be the factor that determines which is most suitable for you; yet, it is worth considering each option equally since both can be very good property investments in Tulum.