One of the important points in making a Mexico real estate investment is to choose an area which is appropriate for your type of investment. The following tips will outline some of the key factors to consider.
1. Rapid Growth: Mexico has some really fast growing communities. During the first decade of the 2000’s, for example, Playa del Carmen was the fastest growing community in Latin America. Playa del Carmen continues to be a fast growing community, offering a variety of new development areas and real estate types to consider for investment.
For example, an investor could consider a beachfront condo for rental income, or land in the newly developing areas back from the beach where land values have risen up to 20% as demand rises. In rapidly growing communities, while the traditional investment properties may seem less attractive, there are always new investment opportunities arriving with the growth.
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