Yes, foreigners can legally own beachfront properties in Mexico.
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Our team of experts is ready to help you in all the steps of the process to purchase Real Estate in Playa del Carmen: listings, title insurance, escrow accounts, closing coordinator...
Call us at MX (984) 267-2449 or US/CA (512) 879-6546 for more information about the properties listed below or for listings that you have found on the internet; as buyer’s representatives, we can research all listings in Playa del Carmen for you.
We’re happy to help and apply our market knowledge and dedication to help you buy Real Estate in Playa del Carmen safely.
When you prepare to purchase Real Estate in Mexico, Playa del Carmen real estate or any type of investment, a comparison of the local market conditions is recommended in order to ensure that your investments will generate returns.
Two of the most important factors to review in a lucrative vacation market are tourism developments and projected population growth. Identifying these historical figures and future trends will help you estimate future factors which are favorable to your investments, such as Playa del Carmen vacation occupancy rates, demand on long term occupancy in Playa del Carmen, environmental policies in the Riviera Maya and quality of life, which all influence the rate of your real estate appreciation.
Mexico’s top 3 foreign exchange earnings sources are Oil, Remittances, and Tourism. As of today, Mexico has become a major international player in the tourism industry. Its proximity to the USA and Canada are key factors to this achievement, but its natural beauty also attracts an ever increasing quantity of Europeans and tourism from all over the world.
Just in the first three months of 2017, Mexico reached a historical peak in international arrivals, registering 9.3 millions of visitors, and an income due to tourism of five billion dollars.
International tourism in Mexico is projected to continue its aggressive rate of growth for the next 10 years or more, and Cancun and the Riviera Maya (Playa del Carmen is in the heart of the Riviera Maya) are Mexico’s number one tourist beach destination.
Tourism has become a new priority in Mexico. The government is quite aware of its competitive advantage in the global vacation and retirement markets and wishes to strengthen its overall economy with increased infrastructure development and investments.
Private investment has closely followed these trends in Mexico, which can be seen in the many major developments up and down the Riviera Maya coast: major 5 star hotel resorts, golf courses, shopping malls with renowned brands and many service companies are establishing their presence in the region. Wal-Mart, Mega Comercial Mexicana, Soriana, big shopping centers, and privately owned and operated hospitals have either opened their doors or have broken grounds in Playa del Carmen. These new industries have brought many new jobs to the region, which has also brought record number of people moving into the city putting pressure on the long term rental market as well as the Playa del Carmen real estate market.
Most real estate markets have unique factors that make them ideal for purchasing. A few of these factors influence strongly on maintaining or increasing your overall wealth. We can help you identify stable regions for purchasing property considering your budget, investing goals, and also your personal taste. We wish to help you locate your Mexican dream home, where you can enjoy the beautiful Caribbean beaches and warm Mexican atmosphere.
We encourage you to read and learn more in our website, browse our listings and study the Mexico real estate purchasing process. Write down your questions and we will be happy to chat with you by phone or email to help you find the answers.