{"id":6250,"date":"2013-04-05T23:30:42","date_gmt":"2013-04-06T05:30:42","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/temp-blog\/?p=6250"},"modified":"2017-08-28T16:21:11","modified_gmt":"2017-08-28T21:21:11","slug":"mexico-real-estate-investment-10-rules-you-should-know","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2013\/04\/mexico-real-estate-investment-10-rules-you-should-know\/","title":{"rendered":"<!--:en-->Mexico Real Estate Investment &#8211; 10 Rules You Should Know<!--:--><!--:es-->C\u00c3\u00b3mo evaluar la plusval\u00c3\u00ada de una propiedad. <!--:-->"},"content":{"rendered":"<p><!--:en--><img decoding=\"async\" class=\"alignleft\" title=\"Investing in properties in Mexico\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/realtor%20real%20estate\/PriceReduction.jpg\" alt=\"Mexico Real Estate tips\" width=\"232\" \/>The country&#8217;s healthy economy and thriving tourism have made\u00c2\u00a0<a href=\"https:\/\/www.topmexicorealestate.com\/\">Mexico real estate<\/a> one of the most interesting, exciting and high-potential investments out there.\u00c2\u00a0 However, when buying with investment in mind, there are most certainly a number of recommendations that you should consider before &#8220;diving in&#8221; &#8211; recommendations that will help you make the most of your investment and Mexico&#8217;s potential.<\/p>\n<p><strong>1. Review the legal status.<\/strong>\u00c2\u00a0 Whether buying for investment, vacations or retirement, this is a point that is especially important. In Mexico, there is not only the possibility of unpaid taxes or liens on a property as anywhere, but also of communally owned property that technically cannot be sold.\u00c2\u00a0 While there are some ins and outs for those more familiar with this kind of property, the goal is to buy something that is legally &#8220;bulletproof.&#8221;<\/p>\n<p><strong>2. Know your strategy.<\/strong> The two main approaches to real estate investment are appreciation and rental. Appreciation usually focuses on pre-construction discounts, price reductions, emerging markets, or those at a low-point with good potential to rebound.\u00c2\u00a0 Rental income will focus on a region and specific location where there is high demand for vacationers &#8211; usually <a href=\"https:\/\/www.topmexicorealestate.com\/oceanfront.php\">Mexico beachfront for sale<\/a> is the most appealing. Long-term rental is also possible, but the choice of community and location type would be distinct.\u00c2\u00a0 Be sure of which exact strategy you are undertaking and focus on a location and property type that corresponds.<\/p>\n<p><strong>3. Study the market.<\/strong> Analyze the area, find the price per square foot of a variety of similar properties to see if you want to buy is at the same level. If the price is above market levels, then be sure that the extra investment is justified by other factors &#8211; higher rental potential, nicer property\/complex, services that benefit your investment (e.g. rental pool or activities for renters,) etc.<strong><\/strong><\/p>\n<p><img decoding=\"async\" class=\"alignright\" title=\"Investing in properties in Mexico\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/realtor%20real%20estate\/ChoosingaHome_zps7d1f6df1.jpg\" alt=\"Mexico Real Estate tips\" width=\"232\" \/><strong>4. Analyze growth.<\/strong> Find out if there are plans for development near the <a href=\"https:\/\/www.topmexicorealestate.com\/homes.php\">Mexico homes for sale<\/a> you are considering, for example, if there are plans for new roads, a mall, a a golf course, a theme park, etc. Remember that this can stall appreciation in the short term, but then result in attractive growth later on. Also analyze the possibility that planned projects may not unfold.\u00c2\u00a0 How consistent have developers and the government been in carrying out plans in that area?\u00c2\u00a0 What is the implication for your property if a specific project does not unfold?<strong><\/strong><\/p>\n<p><strong>5. Learn about the economy.<\/strong> Read an overview of the region&#8217;s economic expectations.\u00c2\u00a0 Read articles, look at airport traffic reports, tourism numbers, cash flow and large-scale investment &#8211; both private and public.\u00c2\u00a0 The idea is to keep yourself informed of what experts expect, what the area&#8217;s performance is like and why it may be a good investment opportunity.<\/p>\n<p><strong>6. Be aware of disadvantages.<\/strong> Each area has its strength and its weaknesses. Know the cons of economy and investment in that specific area. If you have chosen an otherwise good area, this shouldn&#8217;t change your mind, but only ensure that you have chosen the correct strategy and are looking at the right location and type of property.<strong><\/strong><\/p>\n<p><strong>7. Check the structural condition<\/strong>. Don&#8217;t skip the property inspection! A structure with flaws can cause you extra costs in remodeling the property. Find an expert who will ensure that the structure is sound; this step includes a small cost, but can save you significant amounts of money (not to mention headaches) in the near future.<strong><\/strong><\/p>\n<p><img decoding=\"async\" class=\"alignleft\" title=\"Investing in properties in Mexico\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/realtor%20real%20estate\/international-property-owenership_zps8ef35a6e.jpg\" alt=\"Mexico Real Estate tips\" width=\"232\" \/><strong>8. Have patience.<\/strong> Remember that investing in real estate involves patience.\u00c2\u00a0 This is especially true in Mexico where bureaucratic processes can take noticeably more time and are less &#8220;smooth.&#8221;\u00c2\u00a0 Information is also often not as readily available; yet, it is that much more important that you are patient and persistent in finding the necessary information.<\/p>\n<p><strong><\/strong>Also have patience with the results. If you are buying for rental, it is worth taking time (and money) to invest in marketing and advertising.\u00c2\u00a0 Investigating successful property management companies should be a part of your plan, or even investing more into a property which has an established marking strategy built in (such as those on resorts or in condo hotels.) Even the best rental property is only as good as its marketing.\u00c2\u00a0 For appreciation, there are cases where &#8220;flipping&#8221; properties is possible, but this is not the case for the majority of good investments.\u00c2\u00a0 Consider long-term prospects for healthy growth in value.<strong><\/strong><\/p>\n<p><strong>9. Investigate financing.<\/strong>\u00c2\u00a0 While banks in Mexico currently do not offer financing for non-Mexicans, many developers offer short term financing, and even long-term options.\u00c2\u00a0 Many investors rely on financing from back home; interest rates are currently very low.\u00c2\u00a0 Be sure to investigate your options ahead of time and compare the initial and monthly costs of financing to a reasonable (i.e. conservative) expectation of income and return from your property in Mexico.<\/p>\n<p><strong>10. Insure your property and your investment.<\/strong> The last thing you want is to buy a condo and not have it insured. If you are renting a property out, there is rental insurance which protects you in the case that your renters incur damages.\u00c2\u00a0 Count this as part of your planned expenses.<\/p>\n<p>&#8212;<\/p>\n<p><strong>Thomas Lloyd<\/strong><em> graduated from Purdue University Krannert School of Management with a degree in Management\/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 16 years. In the summer of 2009, he received the first federally applied <strong>Mexico Real Estate Degree <\/strong>and <strong>Mexico Professional Real Estate License<\/strong> S.E.P. #5978657. He is the president of Top Mexico Real Estate. Contact him at<\/em> <strong><span style=\"color: #0000ff;\">(512) 879-6546<\/span><\/strong>.<\/p>\n<p><strong>The <em><a title=\"Mexico Real Estate\" href=\"https:\/\/www.topmexicorealestate.com\/\" target=\"_blank\"><span style=\"color: #ff0000;\">TOP<\/span> Mexico Real Estate<\/a><\/em> Network; <span><em>&#8220;Mexico\u00e2\u20ac\u2122s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!\u00e2\u20ac\u009d<\/em><\/span><\/strong><\/p>\n<p><a href=\"https:\/\/www.topmexicorealestate.com\/mexico-real-estate-promotions\/rally.php?web=Blog\" target=\"_blank\"><img decoding=\"async\" class=\"aligncenter\" src=\" http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/Banners\/banner-email_zps366c7ef5.jpg\" alt=\"Mexico Real Estate Testimonials\" width=\"464\" \/><\/a><!--:--><!--:es-->&nbsp;<\/p>\n<p><strong>\u00c2\u00bfQu\u00c3\u00a9 es la plusval\u00c3\u00ada?, \u00c2\u00bfC\u00c3\u00b3mo saber si una propiedad tiene potencial de plusval\u00c3\u00ada?.\u00c2\u00a0<\/strong>Recordemos que la compra de una casa es una inversi\u00c3\u00b3n a largo plazo, y lo que buscamos es que nuestro patrimonio crezca.<strong>\u00c2\u00a0<\/strong>Bien, con esto en mente, es necesario exponer algunos de los puntos b\u00c3\u00a1sicos a evaluar en la futura utilidad de nuestra propiedad. Recuerda que los\u00c2\u00a0<a href=\"https:\/\/www.topmexicorealestate.com\">bienes ra\u00c3\u00adces en M\u00c3\u00a9xico<\/a>\u00c2\u00a0representan uno de los mercados de inversi\u00c3\u00b3n m\u00c3\u00a1s estables e importantes del pa\u00c3\u00ads.<\/p>\n<p>La plusval\u00c3\u00ada es \u00e2\u20ac\u0153el aumento del valor\u00c2\u00a0de un objeto o cosa por motivos extr\u00c3\u00adnsecos a ellos\u00e2\u20ac\u009d, esto es, el valor agregado que con el tiempo adquieren los bienes inmuebles<strong>.\u00c2\u00a0<\/strong>\u00c2\u00bfDe qu\u00c3\u00a9 depende que una propiedad eleve su valor? Simple, algunos de los factores principales a considerar son los siguientes:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"Investing in properties in Mexico\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/realtor%20real%20estate\/PriceReduction.jpg\" alt=\"Mexico Real Estate tips\" width=\"232\" height=\"172\" \/><\/p>\n<p><strong>Zona.<\/strong><\/p>\n<p>El valor que una propiedad puede ganar o perder depende directamente de su ubicaci\u00c3\u00b3n. Por ejemplo, si optamos por comprar una casa en un desarrollo residencial, es necesario saber si el nivel de la zona donde se ubica el desarrollo es alta, media o baja.\u00c2\u00a0<strong>El simple hecho de que una casa sea \u00e2\u20ac\u0153bonita\u00e2\u20ac\u009d no necesariamente la hace una buena inversi\u00c3\u00b3n.<\/strong>\u00c2\u00a0Habr\u00c3\u00a1 que revisar todos los factores externos. El crecimiento de la zona y su potencial a futuro es el factor principal a considerar. Los planes de desarrollo de la ciudad, las construcciones aleda\u00c3\u00b1as, alumbrados p\u00c3\u00bablicos, infraestructura en servicios, etc. Consideremos preguntar lo m\u00c3\u00a1s posible sobre los planes futuros de construcci\u00c3\u00b3n en las zonas colindantes, y quiz\u00c3\u00a1 revisar los derechos de uso de suelo no estar\u00c3\u00ada de m\u00c3\u00a1s. Si con el tiempo alg\u00c3\u00ban centro comercial o complejo tur\u00c3\u00adstico se instala en la zona, la plusval\u00c3\u00ada de nuestra propiedad se ir\u00c3\u00a1 por los cielos, por el contrario, si en un futuro la zona se infesta de f\u00c3\u00a1bricas, viviendas abandonadas, o zonas comerciales ambulantes como tianguis o zonas rojas, nuestra inversi\u00c3\u00b3n se podr\u00c3\u00ada ver perjudicada.<\/p>\n<p><strong>Planes maestro.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" title=\"Investing in properties in Mexico\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/realtor%20real%20estate\/ChoosingaHome_zps7d1f6df1.jpg\" alt=\"Mexico Real Estate tips\" width=\"232\" height=\"155\" \/><\/p>\n<p>La mayor\u00c3\u00ada de los desarrollos residenciales cuentan con planes maestro, esto es, la planificaci\u00c3\u00b3n estructurada de su interior. Saber si cuentan con zonas comerciales exclusivas y planes futuros de crecimiento o expansi\u00c3\u00b3n, tambi\u00c3\u00a9n ayudan a mejorar nuestras opciones de inversi\u00c3\u00b3n. Un buen desarrollo residencial procura pensar a futuro.\u00c2\u00a0<strong>Ver una maqueta no es suficiente.\u00c2\u00a0<\/strong>Hoy en d\u00c3\u00ada, los desarrolladores procuran hacer de tu inversi\u00c3\u00b3n un plan a largo plazo, por ende, tratan de cuidar hasta el \u00c3\u00baltimo detalle la planeaci\u00c3\u00b3n y proyecci\u00c3\u00b3n de sus instalaciones.<\/p>\n<p><strong>Construcci\u00c3\u00b3n.<\/strong><\/p>\n<p>No hace falta ser un experto en ingenier\u00c3\u00ada para saber si una construcci\u00c3\u00b3n es de calidad o no. Es importante revisar hasta el \u00c3\u00baltimo detalle de ella, y recordarle al desarrollador otorgarte una garant\u00c3\u00ada (en el caso de casas nuevas) por desperfectos en el uso, como pueden ser muros cuarteados, tuber\u00c3\u00adas, o cableados el\u00c3\u00a9ctricos. Revisa los acabados y la calidad de los materiales que se usaron en la construcci\u00c3\u00b3n, adem\u00c3\u00a1s si tu casa nueva cuenta con cocina integral, closets, tanques de gas, estacionamientos y dem\u00c3\u00a1s caracter\u00c3\u00adsticas, procura tambi\u00c3\u00a9n inspeccionar la calidad de sus materiales y recibir la garant\u00c3\u00ada propicia para cada una de ellas.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"Investing in properties in Mexico\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/realtor%20real%20estate\/international-property-owenership_zps8ef35a6e.jpg\" alt=\"Mexico Real Estate tips\" width=\"232\" height=\"154\" \/><\/p>\n<p><strong>Reglamentos locales.<\/strong><\/p>\n<p>Los desarrollos residenciales, adem\u00c3\u00a1s de los planes maestro, cuentan con reglamentos de convivencia internos. Estos reglamentos regulan lo que est\u00c3\u00a1 permitido y no, como pueden ser reglas en los dise\u00c3\u00b1os de construcci\u00c3\u00b3n para poder mantener una simetr\u00c3\u00ada general en la imagen del fraccionamiento, o reglas generales de convivencia, como son las especificaciones b\u00c3\u00a1sicas de comportamiento entre los vecinos, y que pueden incluir tanto las \u00c3\u00a1reas privadas, como las \u00c3\u00a1reas comunes. Todo con el fin de cuidar la plusval\u00c3\u00ada general del residencial y sus residentes.<\/p>\n<p><strong>Riesgos externos.<\/strong><\/p>\n<p>Recordemos que en algunas zonas tropicales los temporales son habituales durante ciertas temporadas al a\u00c3\u00b1o, as\u00c3\u00ad que contar con protecciones especiales para nuestras casas o departamentos, como mallas anti-cicl\u00c3\u00b3nicas o muros reforzados, pueden ser una muy buena inversi\u00c3\u00b3n a futuro. Adem\u00c3\u00a1s adquirir seguros contra huracanes, en lugares de costa, suele ser\u00c2\u00a0 bastante inteligente.<\/p>\n<p><strong><a href=\"https:\/\/www.topmexicorealestate.com\">www.topmexicorealestate.com<\/a>\u00c2\u00a0la empresa l\u00c3\u00adder en bienes ra\u00c3\u00adces en M\u00c3\u00a9xico.<\/strong><\/p>\n<p><a href=\"https:\/\/www.topmexicorealestate.com\/mexico-real-estate-promotions\/rally.php?web=Blog\" target=\"_blank\"><img decoding=\"async\" src=\" http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/Banners\/banner-email_zps366c7ef5.jpg\" alt=\"Mexico Real Estate Testimonials\" width=\"464\" \/><\/a><!--:--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The country&#8217;s healthy economy and thriving tourism have made\u00c2\u00a0Mexico real estate one of the most interesting, exciting and high-potential investments out there.\u00c2\u00a0 However, when buying with investment in mind, there are most certainly a number of recommendations that you should consider before &#8220;diving in&#8221; &#8211; recommendations that will help you make the most of your [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[778,1858,254],"tags":[902,1533,1517],"class_list":{"0":"post-6250","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-how-to-make-money-on-a-mexico-real-estate-investment","7":"category-living-and-retirement","8":"category-mexico-investment-property","9":"tag-buying-real-estate-safely","10":"tag-mexico-real-estate-investment","11":"tag-mexico-real-estate-tips","12":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/6250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=6250"}],"version-history":[{"count":5,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/6250\/revisions"}],"predecessor-version":[{"id":14726,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/6250\/revisions\/14726"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=6250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=6250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=6250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}