The definition of luxury is exclusive and you should not confuse it with offers that cheapen the word. Luxury is a privilege that only a few can afford. Millionaires are looking for luxury properties in Mexico. Thus, their lifestyle will shape their concept of luxury that, as a whole, will determine what they want. And in the end, they will not be fooled by the offers of those trying to sell them a luxury property in Mexico. According to experts in the field, we will tell you 5 characteristics of a truly exclusive home in Mexico.
The location is paramount. It is useless that the construction of the property is made with the finest quality materials if it is not in an area established as a luxury area. This is because otherwise, the real estate companies will never label it as a high surplus value home. Also, if you want to sell it, the investment could not be recovered, or there would be no profit since it could even depreciate by being in areas not considered privileged. And this also has a lot to do with the property’s views. It could be the view of the city, a lake, the mountains, or the sea. It doesn’t matter which one, but it must be a privileged view. You could find the most amazing luxury homes in Progreso or luxury Haciendas in Yucatan.
Finishes With Top Quality Materials
Another of the most important aspects of a luxury property in Mexico is the finishes: fine woods, stone, fine details, and in today’s world, equipped with state-of-the-art technology. The culture of the buyer influences the choice of fine materials. For example, we see customers such as those of Russian nationality who do not conceive luxury without gold and marble. Contrary to this, customers from Central Europe value mosaics and high ceilings since they give them a feeling of ample space and minimalism.
Privacy and Size
Wealthy people and business owners place a high value to free and independent access. The main reason is that there won’t be curious looks that can observe their daily actions. A space with a minimum of 200 square meters in a privileged area raises its surplus value and you may consider it a luxury property. Additionally, the large spaces in rooms, bathrooms, dressing rooms, as well as corridors between the areas add value to the home.
People who can afford a life full of amenities demand services available all the time. Therefore, we see a 24-hour porter, a private gym, swimming pools, large common areas, and security. In addition, nowadays, connectivity is essential. High-end properties are now smart homes since they have all kinds of state-of-the-art technologies—for example, washing machines, refrigerators, lighting, air conditioning, and virtual assistants.
The Price of a Luxury Property in Mexico
The chosen place and its use will determine the price. Sometimes, an apartment of regular size is more expensive than a large country house in an excellent neighborhood on the city’s outskirts or properties on the coast. The reason is simply that it is in a business area or city. That is why we see that luxury apartments are in places near brokerage houses and financial centers and are more expensive than a vacation home, for example.
Call one of our Top Mexico Real Estate representatives to book a tour of our luxury properties in the area of your preference. And remember…We make it happen!