Owning a vacation home can be a great asset and investment, but actually looking for a property that you want to invest in can be tough. In areas like Riviera Nayarit and Vallarta you will be spoiled for choice as to the kind of real estate on offer. You just need to know where to look, when to compromise and what factors to think about.
Here are the five main factors you should consider when looking at real estate in Riviera Nayarit
Size: do you need more than one spare bedroom? Or, realistically speaking, are you unlikely to have many visitors at all? It’s always a good thing to have one spare bedroom as an office/guest room, but much more might be unnecessary. For those looking to downsize on size but not on luxury, you might consider a lavish condo on a resort or or an ocean view villa.
Location: as is so often said, location is really key when it comes down to finding a home that is worth the investment, both economically and personally speaking. In this sense, think about location as the overall area in which the house is situated; what is the crime rate like, what’s the income per head on average, and are there good facilities in easy reach? All of these things should be considered; being close to a good school will bump up the price in many cases, but if a good school is of no use to you then you could probably find a similar or better home for the same price elsewhere. Real estate in Riviera Nayarit is very varied.
View: the view isn’t a huge deal for many people, but the area is well-known for its good weather so think about what kind of outside space you’d like and what view you want to enjoy. Even if it’s only a small balcony, having a good view with your breakfast in the morning is always a plus. If there is one thing that characterizes real estate in Riviera Nayarit, it will be the views!
Amenities: this is key for a vacation home! Think about what it is you like to do when you’re looking to buy a home in Riviera Nayarit. If you like to dine-out go cosmopolitan, if you’re a golfer look to see where the great golf clubs are, and if you love to swim and surf proximity to a beach is key.
Time: if you’re really only looking for a vacation home, and you’ll only be using it for a few weeks a year then you might consider vacation clubs, residence clubs or fractional ownership as an option. However, if you’re looking to invest in a retirement home, however, or to rent out your vacation home in the time that it is empty then you could do much worse than to look in Riviera Nayarit or Vallarta.
We wish you happy home hunting for real estate in Riviera Nayarit!