Mexico Condo Hotels & The Advantage of Professional, International Promotion

One developer of a high-quality, luxury resort-style complex once pointed out the importance of promotion for people renting out their Mexico property; you could have the most beautiful unit an amazing development for a super rental price, but if no one knows about it, it could sit there empty.

This points to one of the key advantages to buying a Mexico condo for sale in a hotel or resort setting (generally called a condo-hotel); professional hotel service providers will often be contracted not only to provide the best service to vacationers, but also to promote the condos as a part of the hotel as a whole to these same international vacationers.

This fact points to a distinct advantage in buying in a condo-hotel as a Mexico real estate investment.  Experienced and successful hotel service providers will already have established networks to bring vacationers directly to the rental units.

For this reason, it is also important to enquire about this point.  If it is a resale, a buyer can enquire about occupancy rates; with a new development, if the rental services is through an established provider, the occupancy history of the provider can also be enquired.  In other cases, simply evaluating the rental strategy can be helpful.

In most cases, having a professional rental strategy is advantageous for those who do not have experience in managing a rental properties; this is especially true for those who are buying to enjoy  a vacation property with the benefit of a worry-free income from that same property.

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. In the summer of 2009, he received the first federally applied Mexico Real Estate Degree and Mexico Professional Real Estate License S.E.P. #5978657. He is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546

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