Written by Conrad Alvarado
Published on February 2nd, 2019
If you are planning to retire in Riviera Maya or make any real estate investment in Mexico and have concerns about trustworthy developers, this article from the PIM Real Estate team will guide you to make a safe purchase.
Why Invest In The Riviera Maya?
If we talk about real estate in Mexico, there are several markets that have maintained stable growth in recent years, thanks to different factors such as industrial investment in one city, the need to expand the urban area in another, or due to its positioning as one of the most requested international tourist destinations due to its beautiful beaches (# 5, #15 and #27 of World’s Top 50 Beaches according to the Canadian travel agency FlightNetwork)
The last one is the answer to the constant real estate growth in the whole area that includes from Cancun, Puerto Morelos, Playa del Carmen, Puerto Aventuras, Akumal, Tulum, and Bacalar; better known as the Riviera Maya area.
Keys to make a smart investment in the Riviera Maya.
Of course, if you are a foreigner trying to invest in the Riviera Maya real estate market and unless you have a job that allows you to travel for long periods of time, it is very likely that you are like 80% of the investors in this area who will have to analyze among all the options to find on the internet, so you will surely end up asking yourself: How to be sure that I am working with serious people and not a scam?
Our job as professional real estate advisors and as part of the local market is to keep the community of national and international investors informed and educated so that you can make clear decisions to build the reality of your dream house on the beach.
This is why we present 4 key points to better qualify the developers of that apartment for sale near 5th Avenue, that house for sale in Akumal or that residential lot with beach access in Tulum that you liked so much on the internet.
Best reasons to invest now in the Mayan Riviera!
1.- Size does matter.
Let's face it guys, size does matter. One of the main characteristics of a trustworthy developer with whom you probably won't be afraid of taking your money and leaving before you finish opening your Champagne is the size of the company and its recognition. For example, BK Partners developers of large projects such as Ciudad Mayakoba and with a presence in other important sectors such as financial, energy, etc.
2.- Money, it's a hit.
We know that money is not everything in life and that money doesn't buy happiness, but it does buy a lot for sale with direct access to the beach to enjoy with the family, and that sure gives happiness. In the case of an appraisal of developers in Riviera Maya, we don't need to know the exact number they have in their bank accounts, but we do need to know if they have their own resources, bridge credits or if they depend entirely on sales.
This point is important since, with the growth that has taken place in the area, more and more new developers have arrived with whom there is a risk that in the end their product will not sell with the speed or ease that they expected and they have to delay construction. ... or worse yet, cancel it entirely. Of course, this scenario is more likely to happen if you do not have the advice of a professional adviser and a local lawyer.
3.- From Private to General.
Just as in life, the army or in any other job, when companies start the first developments they run into different obstacles that you must overcome in order to reach the goal of satisfied customers with their products and as their experience in the region increases and the number of developments in its portfolio also increases its ability and capacity to prevent and resolve any difficulties that may arise during construction and thus deliver the developments within the established times with its precious clients. There is nothing better than happy clients in their new homes.
4.- The Champion.
As the former NBA star, Michael Jordan used to say "Talent wins games, but teamwork wins championships", for a development to be successful enough experience in different areas is required and for a developer, there are several scenarios in which they can try to be successful. For example, they can:
A) Try to do everything by yourself
B) Concentrate only on your strength (can be construction, sales, etc.)
C) Form specialized groups in each development process, from construction to after-sales.
There are all kinds of developers in Riviera Maya, but without a doubt, one that you know will be with you from start to finish and much later, is of greater value. SIMCA developers are one of the best examples of this point.
With very well-trained internal teams ranging from construction, sales, to its property management subsidiary who is in charge of having their developments very well positioned in digital media and other platforms, in order to ensure the highest occupancy capacity in the properties they seek to generate an excellent Return on Investment (ROI).
Comments (0):
Most Popular
Related posts
