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La Paz is in the early phases of an expected real estate demand surge and construction boom. Pre construction condos or lots are offered in basically two important mega projects that include marinas, golf courses, and oceanfront lots. Mexico has become a very stable economy over the past ten years and is currently the largest trade partner of the US from Latin America.

As the cost of living and the prices of real estate have become uncertain in many northern countries, demand for oceanfront properties and preconstruction properties in La Paz have become more attractive and expected to increase in demand considerably. The pre construction prices are normally placed with substantial discounts to the present market values. This special reduced price of course takes into consideration the risks involved of buying into a preconstruction project which has various milestones the developer mush achieve in order to deliver a complete unit. Thousands of Mexican foreigners have invested in these pre construction opportunities in Mexico and in La Paz, but each project should be closely analyzed by the investor.

Finally, given the World economic obstacles confronted during 2008 and 2009, it also needs addressing the fact that closer reviews and analysis of the developer is required when selecting a Cozumel Preconstruction Real Estate investment. For this reason it is even more important to retain the services of knowledgeable and experienced realtors to help you analyze preconstruction projects, review financial status of the developer, and a thorough comparison of returns vs. risks.

Financing options for foreigners