Pre-construction sales are on the rise and all the rage in Mexico properties
With one million expats living in Mexico now, Mexico is an ever booming real estate market. It is said that in the next five years that number will grow to nearly ten million.
So, you better hurryâ€¦ as the worldâ€™s best kept real estate secret is about to get out!
With that said, pre-construction sales are taking over the Mexico real estate market.
I know it might be somewhat of a foreign concept to the US and Canadian market, but here in the Rivera Maya itâ€™s all the rage.
You might ask yourself why pre-construction?
Itâ€™s ok, I was a little confused to in the beginning!
Pre-construction property sales is, quite simply, the sale of a condo before the development company has even broken ground to actually build the real estate property. You are essentially buying a condo from a developments conceptual renderings of the property, floor plans, condo design style, and amenityâ€™s.
Why buy pre-construction you ask?
The â€œall mightyâ€ dollar, that why!
Why not let it be the driving force to finally get your own piece of tropical paradise. Whether you have always dreamedÂ of retiring in Mexico or owning your own vacation home, a beautiful beach front Mexico condo is now easily within your reach.
With the sale price increasing as the stages of construction and overall sales of the condo surges, your opportunity to get a reasonable return on your investment diminishes. Real Estate pre-construction offers a much lower sales price for your condo.
Try to conceptualize what the developer has in mind. Best of all getting in on the ground floor mean options, options, options. So being able to choose the best floor plan, location, and view might be just the right fit for you. In addition, you are also often able to choose details like gorgeous fixtures, accent details, paint colors, etc.
Now, choosing the right developer/ development is also an important step when buying a pre-construction property. Does the developer have a good reputation? Respected in the community? What projects have they completed in the area? If problems did arise, how did they handle them? These are important question that any developer should easily answer for you.
I know this can be a somewhat scary but greatly beneficial process. To help ease your mind, set yourself up with a highly knowledgeable and professional Mexico real estate agent like Top Mexico Real Estate.
Now if you have any question of this or any of the TOP MEXICO REAL ESTATE properties we have listed in Playa Del Carmen, The Riviera Maya or anywhere throughout Mexico, please feel free to contact any of our TOP MEXICO EXPERT SALES TEAM and we will be glad to help you find your very own piece of paradise.
And remember, here at TOP MEXICO REAL ESTATEâ€¦
We make it happen!
TOPMexicoRealEstate.com NETWORK; â€œMexicoâ€™s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!â€