Who has never heard of Tulum, its white sands beaches, its Hipie-chic way of life and its famous temple in front of the caribbean sea. Well, today, a new trend has taken hold, the Real Estate Inversion. And not just any old one, that of return on investment.
In this blog, we will try to define the different points to take into account for a successful real estate inversion in Tulum.
Why Tulum?
Tulum is one of the most beautiful and unique places in the world. It is a beach town located on the coast of the Mexican Riviera Maya. The town is known for its stunning beaches, turquoise waters, Mayan ruins, lush jungle and more recently it turned as the place to go for those who like to party all night long..
There are many reasons to invest in Tulum. The town is rapidly growing and has become a popular tourist destination. The real estate market is booming and there are many opportunities for investments. Tulum is also a great place to live, with a laid-back atmosphere and friendly people.
If you are looking for an amazing place to invest in, Tulum is definitely worth considering. With its beauty, uniqueness, and potential for growth, it is a wise investment for anyone looking to purchase property in Mexico
Presale or Resale?
Tulum is booming with the construction of new developments. Houses, condominiums and lots for sale in gated communities are proliferating. One of the non-negligible advantages, is the sqm price on presale, which could be up to 25% cheaper between the beginning and the end of construction.
It is often complicated to select the best options in terms of quality and construction finishes and sometimes what is sold as a render is not really the same when you open the door… On the other hand, buying a resale property avoid these uncertainties but the price per square meter has already risen…
Amenities
Not all developpments offer the same comforts and amenities, from the most basic with a minimum of a pool and barbecue area, to the most complete with movie theater, restaurants, spa and vacation rental administration. Some developments offer turnkey units that allow you to make it your business right away.
Prices
Prices in Tulum vary depending on the type of project you are looking to invest in. For example, a luxury condo development will obviously be more expensive than a small villa project. However, there are many factors to consider when determining which is the best investment for you.
Take into account:
Location: The location of the property is one of the most important factors affecting price. A property located close to the beach will obviously be more expensive than one located in a more remote area.
Size: The size of the property also affects price and is strenghly related to the location.
Amenities: The amenities offered by the property also play a role in determining price. A property with extensive amenities such as a swimming pool, gym, and concierge service will obviously be more expensive than one without these features.
Developpments costs: The costs associated with developing the property also affect price. A luxury development with high-end finishes and extensive amenities will obviously cost more to develop than a small villa project.
Return on investment: Finally, you should also consider the potential return on investment when deciding whether or not to invest in a particular project. Vacation rentals in Tulum can generate an excelent ROI if the type of property selection is the good one.
Purchase process
To make sure how the acquisition process is carried out, it is strongly recomended to contract a real estate agent. He/she will check all the details, pro and cons of the developpment and will follow the whole process with attorneys and notary.
Read more about how to buy a property in Mexico
 Invest in Tulum now !
Now is the best time to invest in Tulum in real estate for several reasons.
First, the Mexican economy is doing well and Tulum is benefiting from that. The peso is strong and there are many new businesses and developments popping up in Tulum.
Second, tourism is booming in Tulum. The town has become a top destination for travelers from all over the world who are looking for a beautiful, relaxed place to vacation.
Finally, prices for Tulum in the real estate are still relatively low compared to other popular tourist destinations. That means there’s a lot of potential for growth and appreciation in value for investors.
Conclusion
As we know, the real estate market in Tulum is booming. With so many new developments and projects underway, it can be hard to decide which one to invest in.
That is the reason why it is important to take all these point in account before deciding and the expertise of an experienced and/or certified real estate agent is more than recommended.
Talk to a certified agent now