You have visited the Riviera Maya several times and are now considering relocating to the area. Before immediately jumping into investing in a Mexico property, testing the waters – figure of speech, is highly recommended. The advantages of renting before buying are numerous, to say the least. The following bullets will prove to be very advantageous when looking at a second or permanent home, or even creating an investment opportunity for you and your family.
Here are the advantages of renting before buying property in Mexico:
- Renting provides an opportunity to get to know what it’s like living in a foreign country, city or community. Even though Mexico has adopted many of North America’s modern traditions, Mexico has a history of deep cultural values. Some of these values are not seen and/or recognized outside Mexico borders.
- Renting allows you to search out an ideal location and/or neighborhood. There are a variety of gated and non-gated communities, low and high-level towers, and stand-alone homes to choose from. Also, there is a multitude of geographical areas that neighbor up to retail, restaurant, and residential areas. Additionally, there are neighborhoods that are within close proximity to the beaches, tropical terrain, and inner city amenities. Places like Playa del Carmen have become a quadrat city with unique differences throughout its urban borders.
- Renting permits you to experience the region’s tropical weather. The Yucatan Peninsula and especially the Riviera Maya are very hot, humid and maintains a consistent weather pattern versus the typical North American seasons. This could take a bit of an adjustment especially when you are from a colder climate.
- Renting helps you become familiar with living without some of the conveniences you have grown accustomed to in your home country. Mexico has its share of national and international retailers who provide food, clothing and hardware merchandise. However, there are some commodities that you can find easier back home. This becomes somewhat of a challenge for some and with others create a new life experience.
- Renting provides an opportunity to get to know people. Developing new friends, local acquaintances, and points of contact will help you make the right decision when finding a property. Assistance from a local professional can help with specific needs and wants which at the same time, will make your purchase much easier.
Knowing the demographics, amenities and comfort levels of the area will benefit you in so many ways
Some people can get a real feel of the area within six (6) months and others may take up to a year or more. No matter how much time you spend exploring your potentially new investment/home, knowing that you feel good enough to invest your time and money in a foreign country will more than pay for itself many times over.
Once you experience living and renting in the neighborhood of your preference, you will be ready to purchase your home in Mexico!
We at Top Mexico Real Estate have the resources and staff that has your best interest in mind. Having a place that others only dream of is a fantasy in itself. Remember, at Top Mexico Real Estate… We make it happen!