Everyone likes to talk about planning ahead for retirement. While this definitely means saving up there are also other ways to plan ahead. If you are planning a Playa del Carmen retirement, a real option you can consider is to invest in Playa del Carmen land for sale, and have your dream home built.
While those buying and selling Playa del Carmen real estate tend to focus on condos and sometimes homes for retirement, land is perhaps the most overlooked and underrated option in this market. Consider the following reasons why buying land in Playa del Carmen is good way to plan ahead for retirement.
Savings - Many buyers have the impression that land in Playa del Carmen has inflated prices and is too expensive these days. While this is true of a few small pockets where large-scale development has pushed prices up, most of the area continues to offer very well-priced lots for sale that present overall savings, considering the final, total expense compared to a similar home already built.
Gradual Investment - Another advantage is that future retirees can invest in â€œchunksâ€ first buying their lot, then having the home built, and finally having finishing details such as pools, cabinetry, etc. installed over time. This allows people to continue saving for retirement at the same time as they invest separately in their home as they can afford it. This is a nice alternative to a mortgage since it allows buyers to avoid costs of interests.
Good Locations - Although, as mentioned above, there are pockets of Playa del Carmen where land is not the best option, there are also many very desirable locations where well-priced lots are still for sale. These include new gated communities as well as golf course developments. These areas offer an excellent retirement lifestyle. There are also a few communities walking distance from downtown that look like their beginning to gentrify where land for sale can be found for a very good price.
Personalized Home - We all know that when it comes to the home for our retirement, it's nice to have a home that's exactly as we want it. Buying a lot in Playa del Carmen means you get to enjoy all the benefits of this beachfront paradise, while still owning a home exactly the way you want it.
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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