Property in Mexico as an Investment

Buying property in Mexico continues to be a great investment. If you do your research and choose your property wisely, you can create an unbelievable stream of monthly income by renting your property as a vacation rental. Areas like Los Cabos, have a high season which runs from late October to May, and condo/home rentals are in high demand.

If you plan on buying property to use as a vacation rental, I suggest you look in areas like Los Cabos, Puerto Vallarta and Cancun/Riviera Maya. Why these three areas? Cities like Rosarito, San Felipe, and Rocky Point can all be reached by car from Arizona and California. To get to Los Cabos, Vallarta and the Riviera Maya, people have to travel by plane which translates to a longer stay in most cases (not as many "weekenders").

The numbers are in - and Mexico is booming

The beginning of Mexico's high season begins on Thanksgiving weekend. Although things may be slow in the US, Mexico tourism continues to flourish. The high numbers of tourists also translate to many people purchasing vacation homes.

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High-Season Numbers Point to Promising Year for Tourism and Real Estate in Mexico

Cash Only Society - No more!

In the past, buying property was a cash only deal. If you wanted a $300,000 home, you had to come up with $300,000 in cold, hard cash. While it did make things easier for the seller, it kept many buyers out of the market.

The entry of cross border loans has greatly changed the real estate market in Mexico. Now, developers are offering their own financing, mortgage brokers are providing loans from several different lenders, and Mexican banks have even started offering loans to foreigners.

Many people still are not aware of all of the financing options that exist. They say it is still a "cash only society". Those days have come to an end!