5 Reasons that Make Mexico Real Estate Attractive

Mexico has always enthralled and enticed people form all over the world. Every year thousands and thousands of tourists from all over the globe travel to Mexico to get a taste of its vibrant culture, beautiful beaches, sunny climate and warm people. Its white sand beaches run of miles and miles in places such as Playa del Carmen, Puerto Vallarta and Cancun. Its crystal clear waters can make any beach lover fall in love with it. Not just that, its rich marine wildlife adds another dimension to its charm.

It comes as no surprise to find that Mexico is one of the most favored retirement destinations for U.S. citizens. It's just not its beauty but also its inexpensive standard of living which attracts millions of people. It has economical homes, affordable health care system, fast developing infrastructure and first world facilities. All these factors make it an ideal destination for luxury living.

If you are also one of those who share a price of this heaven by buying Mexico Real Estate then these are the ways that make Mexico even more lucrative for you.

1) Low Real Estate Prices: Right now, the prices are low. But the scene will not remain constant for ever. For those who plan for future, investing in real estate at reduced prices means a windfall later in future. Mexico will always be popular with tourists and it is developing rapidly. This means that Mexicans will move to cities for work and will get more money in their pockets which translates in to more demand for real estate and hence, appreciation in prices. For the wise among you, Mexico is the "El Dorado"

2) Income from Rentals: Tourism is the lifeline of Mexico. Tourists come here all the time and in droves. If you just use your Real Estate in Mexico as a vacation home then you can rent it out for the rest of the year and earn a passive income. You must ensure that the property you buy is in city/town where tourists throng and has a good potential for rentals. Vacation rentals are very popular in Mexico. Rental from your property can even pay back your loans or supplement your income. Any person who understands investing will figure out this benefit instantly.

3) Mortgage for Foreigners: Now, even non-Mexicans can get loan directly from Mexican banks. This is a huge development considering that now an American can use the same property that s/he is buying in Mexico to leverage the mortgage. No longer are you required to have a home or property in your native country.

4) Preconstruction Discount: Developers offer mouth watering prices for their preconstruction properties. This is no for any philanthropic reason but only to generate interest among buyers and entice their financial backers who want to be sure that their investment is secure. As a buyer, buying at this phase can mean huge savings for you. If you are nimble footed then this can benefit you tremendously.

5) Fractional Ownership: Do you like the idea of owning a vacation home in Mexico, but don't want the burden and cost of repairs and maintenance? With fractional ownership you can have all the benefits of a luxury hotel without the price of buying expensive property. You can purchase a deeded share in a residence like one-fourth that gives you certain number of weeks per year at the property in Mexico and use of all amenities. By only paying for the time you use, fractional ownership can be a much more affordable way to live a luxurious lifestyle in Mexico.

Need Reasons to Buy Playa del Carmen Real Estate

Normally Play del Carmen conjures up an image of relaxation, bliss, beach, sun and sand which can prompt anybody to retire and move here permanently. But if you are among rare breed who are still not convinced then read this article on why to purchase Playa del Carmen Real Estate.

Playa del Carmen's beaches are the top reasons for buying Real Estate in Playa del Carmen. The beaches are seemingly endless and heavenly. And waters are just perfect. If one needs to define a perfect beach then Playa del Carmen's description is apt. You can just lie down and soak sun or walk hand in hand with your better half. For adventurous sorts who want to feel the rush of adrenaline, there are plenty of water sports to keep you engaged. Ocean around Playa del Carmen offers lot of options such as windsurfing, deep sea fishing, magnificent coral reef and sailing. Tourists get transported to a completely another world when they visit world's second largest coral reef. Playa del Carmen can keep you engaged for along long time, whatever your preference maybe.

If you are a nature lover then Playa del Carmen has something to offer you. The surrounding areas are full of jungles and wildlife. You can enjoy horseback riding and ATV riding. It also has Cenotes which are pools of freshwater formed from limestone sinkholes linked by a vast underground river system found in the Yucatan Peninsula. These are nothing short of natural wonders which never fail to enthrall tourists.

Playa del Carmen has world class infrastructure and modern amenities like roads, malls, modern & affordable medical facilities. It has plenty of dining options, shopping centers and a vibrant nightlife.

The cost of living in Playa del Carmen is quite low as compared to USA and Canada which makes it very affordable. What this means is that your savings will last longer. The prices of real estate are cheaper then in USA. Similarly medical facilities are lot affordable which is a great boon for retirees. Playa del Carmen has a thriving and strongly connected expat community which ensures that you are not alone and without any support system. Expat community is very well engaged and is very actively involved in social causes involving expats welfare.

Playa del Carmen is located near to Cancun which has an international airport. One can reach the airport in 45 minutes which has many direct flights to USA. Getting in and out of Playa del Carmen is very easy and economical.

These features and more make Playa del Carmen an ideal real estate investment destination.