10 Reasons Why You Should Invest In Mexican Real Estate

10 Reasons Why You Should Invest In Mexican Real Estate

Some people think investing in Mexican real estate is a risky proposition. Given the current political climate and uncertainty regarding covid, it’s easy to see why some investors are hesitant. However, with so many attractive benefits and opportunities available to those who choose to invest in Mexican real estate, it can be a very lucrative move for savvy investors looking for new ways to diversify their portfolios.

Mexico is one of the most beautiful countries in Latin America. It has a lot to offer to Americans, Canadians, and Europeans. The real estate market is booming in Mexico despite global inflation, covid, and political turmoil found in many other countries.

Mexico offers quiet beaches, stunning mountain ranges, modern cities, and cool tiny pueblos (towns) that come alive with local characters, festivals, and markets. The weather is excellent, and you can swim in the ocean year-round.

Here are 10 reasons why investing in Mexican real estate might be the right choice for you.

1) Mexico has proven to be a fantastic place to invest your money. Mexico is consistently ranked as one of the safest countries in Latin America.

2) The typical price of a property at the coast is much lower than in many other countries. Compared to similar properties in California, Florida, or Hawaii, you’ll find that Mexican real estate offers much better value for your money.

3) Foreigners own many beachfront properties. If you choose to buy a second home in Mexico, you’ll be joining an exclusive group of affluent people who vacation there every year. Renting your property to other ex-pats or tourists is very easy.

4) Mexico has a fantastic tax system for foreign real estate investors. You won’t have to pay crazy high property taxes on your investment. Typically property tax is around 2%.

5) The Mexican government is working hard to attract foreign homeowners. The government offers great incentives, including discounts on properties in popular areas and fast-track visas for those well-qualified investors.

6) It’s easy to get to. Many North American airlines have daily flights arriving at many Mexican cities. You can leave your home in a blizzard and be on the beach enjoying a margarita in just a short few hours! Maybe better yet, you can drive to Mexico on modern, safe highways so you can bring all those oddball objects in your home that you love, and you can even bring your best friend, whether it’s a dog or a cat.

7) Mexican real estate is a fantastic opportunity for those who want to put their money into a growing investment. The residential real estate market has been growing steadily for several years. It is projected to value $60 billion by 2025, with a compound average growth rate of more than 9.9 percent from 2019 to 2025!

8) Mexico is a very friendly country. Recently, Internations — a global online community of ex-pats — surveyed 13,000 ex-pats from 188 countries to determine which countries are the most welcoming. It came as no surprise that Mexico was ranked third in the world, just behind Portugal and Taiwan. Internations said, “Feeling at home abroad comes easy to foreign residents when being surrounded by warmhearted locals.”

9) Mexico has lots of business opportunities. Besides being a great real estate investment, many people choose to start businesses in Mexico, either to get away from the rat race at home or simply because they’re looking for new challenges.

Despite the constant state of uncertainty due to COVID-19 and the political instability in much of the world, there is a good healthy environment for start-ups in Mexico.

The government is aggressively attracting new investment, and it is easy to start a business in Mexico. Plus, having 120 million-plus consumers in Mexico ensures almost any product or service would be in demand.

10) The strength of the US dollar compared to the peso makes investing in Mexican real estate a no-brainer. Who doesn’t like to see their money go further? Currently, the peso is trading at 20.68 pesos to 1 USD.

Learn more

Ready to find out more information about investing in Mexican Real Estate? We proudly present PDI Real Estate, Your One-Stop-Real Estate Shop in Mexico. We have all the required resources to assist in selling, buying, investing, financing, and refinancing for both residential and commercial properties.

Contact us now:

PDI Real Estate Ignacio Pena #133, Interior A1 Col. Prados de la higuera, Puerto Vallarta, Jalisco Mexico

Tel: MEX (322) 178–2993

admin@pdirealestate.com

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