With so much uncertainty in the world today, many people have been flocking to Mexico to invest in real estate south of the border due to the incredibly stable growth in this market. 2018, too, looks like it’s going to be a good year for Mexican real estate, especially in Banderas Bay and Los Cabos… read on to find out why…
Booming real estate in Mexico for buyers in 2018
It’s very much a buyer’s market in these areas, and in 2018 this looks set to continue; you will find that the homes on offer are great quality, high value, and often available for good prices.
US Dollar goes a long way in Mexico
The US dollar is pretty strong against the peso right now; when buying a real estate in Mexico this will go in your favor as you might find that you can afford a little extra. The exchange rate will certainly work in your favor when you vacation here, too, so if you’re buying a vacation home here you should keep that in mind.
Quality of life in Mexico
The quality of life here, too, is appealing to many as fresh fruit and vegetables are cheaper, the weather is consistently good, and many of life’s little luxuries are more easily affordable here. This means you could experience a better quality of life for less when you live here.
Buy to rent real estate in Mexico
If you’re not quite ready to move full time you can always advertise your property on sites like AirBnB or VRBO, or even through local rental agencies. This will bring in a nice extra income to cover the expenses of the house, and maybe even leave you with a little extra.
For all budgets
No matter your budget you are likely to find a home to suit you in Mexico; there are apartments, condos, detached homes, beachfront properties… you’ll find a bit of everything in the top tourist destinations such as Banderas Bay and Los Cabos.
Make sure you get a professional to show you the best areas for real estate in Mexico for 2018, and keep you on the right side of local regulations! Happy investing!