When people hear the words “Tulum” and “investment,” the almost automatic response is “land.” While land in Tulum is an excellent investment, there are also excellent Tulum condos for sale that offer benefits of their own. Consider the following approach as a valid option on par with land in Tulum.
Invest in Condo – Condos in Tulum, like in other places, offer the advantage of hassle-free ownership, a high level of on-site amenities (pools, gyms, lounge areas), and immediate usage for relatively low prices. Land investment is great for those who like to take on a project, but condos – even in Tulum – can offer advantages for those whose main focus is to enjoy an income from their property more directly and with less attention on their part, both during the buying process and during ownership.
Look Near the Beach – Land and good properties for different tastes are available throughout the Tulum area, both near the beach and back from the beach. Yet, Tulum’s beaches are not only one of the main attractions of the area, but they are quickly gaining a world-wide reputation for being one of the most beautiful beaches in the world. Condos within walking distance hold very high appeal for this reason. They will also tend to get the greatest exposure to tourists who spend most of their time near the beachfront areas.
Enjoy Rental Income – Immediately – As mentioned above, you will be able to make use of your property upon delivery. This means that you will probably be able to enjoy a rental income shortly after delivery. While waiting for delivery, instead of focusing your time and energy on how and what you are going to build, you can focus your time on planning a good rental strategy, finding a reputable property manager, etc. The developer will be taking care of all the details and finishing the property while you focus on your future investment income.
Enjoy Property Appreciation as Tulum Grows – Like land in Tulum, condos also show strong potential for good appreciation. Tulum is a growing market, and as tourism grows, it seems like demand for properties in Tulum will only grow. Value for a condo in a nice complex, near the beach with an established rental record is likely to be among the highest.
While land in Tulum is most certainly among the best investments you could consider, condos in this booming community definitely should not be overlooked – especially by those who would prefer their investment to be a little more hands-off with more immediate results.
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Region: Tulum 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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