 I always like to point out 2 facts:
- Homes are affordable in Mexico.
- Prices are very stable.
Thus, finding a high-end luxury home with a huge price reduction is indeed a rarity – and it would be a great deal from both a lifestyle and investment perspective.
This is just what we’ve found recently. Imagine this:
A price reduction of $500,000 USD?
As you can guess, that reduction comes on fairly high-priced property. But, even at a higher price, you’ll see that this this is a simply spectacular deal, for two main reasons.
 1. The reduction is over 41%!
The original asking price was $1,200,000 USD which brings the price down to $700,000 USD! While that’s still a high-end price-tag, a reduction of this magnitude is virtually unheard-of!
2. It’s simply an amazing property – definitely worth that $1,200,000 USD.
This property includes 2 lots, making it an acre of land, and a third adjoining lot has been included as a bonus. Here’s of our listing description:
A luxury 3 bedroom villa with 2 full bathrooms a kitchen, dinning, living room with air conditioning ,High speed internet throughout the property, Sky TV with Mexican and US channels and Ipod docking station are all available at Casa Portuguesa.
A completely secluded and fenced private swimmimg pool. It sits on an acre of beautiful lush tropical land filled with a variety of palm trees and plants from the region, loaded with local birds species and 40 meters of ocean front making it the largest property for a single home in the area.
 Complete privacy 3 miles north of the Tulum ruins right on the Riviera Maya. On the property there is also a casita where the full time staff live and maintain Casa Portuguesa.
To see more pictures as well as the location, click here for our listing for Casa Portuguesa!
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Doug Morgan was born in Dayton, Ohio and went to college at Buckeye State. Â Moving to Louisiana after college, he became President of his New York Stock Exchange company at the age of 28. Â His later career shifted to Florida and the investment business, where he was a financial advisor and branch manager for over 30 years. Â He bought his first condominium in Mexico in 2008 (from Top Mexico Real Estate), initially as a vacation home, but a year later he retired and moved full time to Playa del Carmen. Contact Doug at (512) 879-6546.
The TOP Mexico Real Estate Network; “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!â€
