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Buying a home in Mexico, House or Apartment

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Picking an Apartment

 

Real Estate in MexicoApartments tend to have better security and they can give you more light, a better view and (depending on the location and budget) some common facilities such as a pool, tennis courts, gym, gardens, recreational areas and common room facilities. The downside can be the lack of privacy, adjusting to common rules and the fact that in some buildings the parking space is tight and people have to leave their car keys to the valet. Some buildings may look old on the outside but the apartment can be worthwhile. View the inside of the property even if you don't like the outside.

 

Your House and Home

 

Houses give you more privacy and space. In the appropriate neighborhood, you can easily live in a single house without the need of a guard or security service. Houses can also be found in closed streets or cul-de-sacs, which are gated communities. You should keep in mind that all matters regarding the premises are between you and the owner. Unlike many places in the US, there is no board to take care of the maintenance, gas delivery, receipts, etc.

 

Besides all the considerations listed above, you have to keep in mind that some areas can change over the years. Zoning permits sometimes allow investors to build huge constructions (offices, apartments, shopping malls) in areas that were once considered strictly residential. To learn more about buying a home, make sure you check out our section on buying property in Mexico.


 

 

 

 

 

 

 
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Mexico Real Estate Trade Show - 2008

Tradex exhibitions is Mexico's leading organizer of trade and consumer exhibitions with a portfolio of over 10 events. They excel in creating high profile, highly targeted business and consumer exhibitions, where buyers and suppliers can come together to do business.



 

Vacational Real Estate Booming - RCI Report

Vacational real estate in Mexico registered a massive spike in 2007 by growing 46.6 percent and all indicators point to 2008 being an even better year for the sector.

According to an industry report commissioned by the vacational rental giant RCI, last year Mexico made up 69 percent of holiday homes that were built in the region which comprises of Mexico, Central America and the Carribean.

That figure included 44 master plan developments in diverse destinations all across the nation. Cancun and Los Cabos were the top two cities with the biggest tally of new vacational real estate registering 200 and 80 percent growth respectively, the report stated.



 

Master Plan Developments in Playa del Carmen and Riviera Maya

Playa del Carmen is undoubtedly the jewel in the Riviera Maya which stretches from the world famous resort of Cancun to Tulum and the Sian Ka'an biosphere reserve. Originally a humble fishing resort, tourism in Playa del Carmen began as a passenger service to the nearby island of Cozumel which is a hotpsot for scuba diving in the Yucatan Peninsula.



Corporate Housing and Executive Suites in Mexico

The biggest appeal of corporate housing or executive suites is that it's a home from home. A lot of business executives who come to Mexico are sometimes here on month-long stays and find the experience of staying in a cramped, sparsely-furnished hotel room that is located on the outskirts of a city unappealing.



 

Fractional Ownership in Mexico

If you had asked your savvy holiday-maker a decade ago what fractional ownership is he probably would have drawn a blank reaction. Back then timeshare was how affluent tourists would go about looking for their holiday dream home satisfied by the fact that for at least one week in the year they would have their beachfront condo all to themselves.

 

Tips for Buying Real Estate in Mexico

At SolutionsAbroad.com we try and offer the best possible advice and advisers when it comes to buying real estate in Mexico. Here are ten simple tips to take into account when embarking on your search:


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