When you plan your purchase of a Tulum condo for sale, there are several reasons why investing in this booming market soon is a better idea. Consider the following advantages those who invest soon will probably hold over late comers.
Tulum is just starting to grow. Developers choosing plots for their projects are going to start picking up the best locations first – close to the beach, a walk away from town, next to nature reserves, close to other nice communities, on existing roads, etc. This process can already be seen; some of the condos for sale as of 2011/2012 are in some of the best locations Tulum has to offer. The future will offer good locations too, but what would you rather have - a good location or the best location?
Even with the better locations coming available already, prices are lower than in similar locations in established beachfront real estate markets. This suggests that as the boom continues, prices for similar locations (or even less convenient ones) will actually be higher. The quality of the condos now available in good locations is excellent – beautiful complexes with pools & nice landscaping, high quality finishes, nice design, etc. Buying sooner not only means that you’ll get the best locations, but also that you’ll get better prices than in the future.
Rental Income Potential
Tulum’s tourism is currently booming as well. During high seasons in 2011/12 hotel occupancy was well near 100%. There is also a demand for rental condos for vacationers. Right now, there are very few condos available for rent in this market. Those who buy nice condos in good locations now are likely to enjoy a prime condo during the time when the demand is highest. This points to excellent potential for establishing a solid rental base ahead of the game.
Enjoying Life in Tulum Sooner
Finally – let’s face it – you’re buying in Tulum to enjoy a warm weather lifestyle on the beach that doesn’t cost much. Buying sooner means you’ll be enjoying this lifestyle sooner. Even if you’re buying for retirement, if you buy a little ahead of time, you can enjoy it for vacations in the meantime. The rental potential can help make this more feasible as well. Wouldn’t you rather be enjoying life on Tulum’s beautiful white-sanded, turquoise water beaches this year?
Consider condos in Tulum; buy ahead of the game, make a good investment in your lifestyle and finances this year.
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: 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.
Find Thomas Lloyd on Google+