People often associate investing in real estate with those who have large amounts of funds at their disposal. In the case of Playa del Carmen condos, this is not the case. The following are some of the reasons that those buying on lower budgets can consider making good investments in condos in this beautiful beachfront destination.
Prices are low – Nice condos in good locations can be found for buyers on an average budget – even for lower budgets. The quality of construction, finishes, location, complex and nearby amenities is just that much higher here for the price buyers will have to pay. In the U.S., a condo in a nice complex with a pool and beautiful landscaping is a luxury for millionaires; here, these are standard features.
Condos are a walk away from the beach – It is also a standard feature that condos are a walk away from the beach. Playa del Carmen’s beaches are among the most beautiful in the world. The sand is soft and white, the aqua-colored water is bright, clear and warm. The walk to the beach is also pleasant, through nice neighborhoods.
Nice gated communities are available – Affordable condos are easily found in nice gated communities with manned security. These are upscale communities with bylaws to protect the image, nice bike trails, plenty of trees and, in general, a very visually appealing and relaxing setting.
Mortgage and financing options are available – Most condos in Playa del Carmen qualify for mortgages from banks in Mexico. This means that buyers only have to put up 30% of the price to own and enjoy life in a beautiful condo here. This also means that they can enjoy an income from this same condo.
Travel is affordable – When investing in a property abroad, it’s nice to be able to access it easily and at a low cost; even if the property is for investment purposes, it’s nice to be able to travel down and check up on things.
Tourism is healthy – Tourism in Playa del Carmen is healthy and growing. Condos back from the beach usually have higher appeal for long-term rental, but healthy tourism means that there is constant exposure to potential renters. This means better potential for good rental income.
Whether a buyer’s investment is into lifestyle or for income purposes, those on lower budget can consider condos in Playa del Carmen as an excellent option.
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: Campeche 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+