Facts about Mexico Real Estate Developments

When deciding to purchase a new home in Mexico, there will be plenty of questions that need answering. Many of these questions will be real estate related. One of these questions will most likely be, “Is it best to consider previously owned, ready-made, or build from the ground up?” All three of these home options have certain advantages. Another question to consider is, “Which Mexico real estate developments will be the most suitable to have a home in”.

Gated real estate developments and especially in and around the beach and golfing communities, are prevalent in Mexico. Most all of Mexico real estate developments offer private streets, landscaping, common areas with a pool, and a clubhouse for carefree living. The developers who design these communities go through extensive planning. They also add eco-friendly measures that include preserving natural resources and using sustainable materials.  

Are homes in a development well-constructed? 

Mexico has experienced tremendous growth over the last several decades. It is one of the fastest-growing countries in North America regarding retirees purchasing property outside of their home country. With that said, gated and private Mexico real estate developments have become popular and one of the most desired places to relocate. Hence, hundreds of thousands of people have purchased stand-alone homes and condos within these developments.

Since, just like anywhere in North America, developers have to stick to stringent building codes. Therefore, they hire skilled laborers who have mastered their trade through decades of experience. The materials used are certified and commercially inspected for quality assurance. Also, all General Contractors have to hold a municipal licence. They must file plans and pay for the building permits ahead of time. Again, all General Contractors have an on-site foreman who reports to a city inspector frequently.

What is included in Mexico real estate developments?

To begin with, the developer is responsible for the infrastructure, including water and sewer, streets with lighting, adequate drainage, and common areas. As mentioned above, the developer must submit plans to the municipality, including an efficient infrastructure that will maintain a suitable environment for the residences. Here are some of the amenities you can expect. 

• Most if not all developments have an entrance and exit gate. This serves several purposes and, depending on the size of the community, the gate could have a 24-hour attendant.
• Most gated communities have 24-hour security.
• After installation, the streets and landscaping are the responsibility of the Home Owners Association. For a monthly fee, the association will maintain both.
• There are common areas throughout the development. This may include a clubhouse, pool, family and kids’ area.
• In several communities, there are on-site restaurants and stores.
• All developments have access to electricity, water, sewer, and some even have cable/internet.

What type of amenities can you find in a development?

The amenities offered do vary in certain developments: It all depends on their location and surrounding terrain. 

For instance, some developments provide beachfront access with full-service facilities. If you are a golfer, some communities have a signature golf course and pro shop. For the more down-to-earth, holistic communities offer a Zenistic environment with yoga and meditation areas.

On the whole, depending on your lifestyle, there is something for everyone!