I would love to start a real estate investment partnership with you guys. Let's start a group. You two would be the perfect to run this. We should talk.
I’ve lived in Mexico for over 5 years and own real estate here. Personally, I would avoid properties marketed in US dollars because they target foreigners and likely are overpriced. The other issue is that although the “asking” price is USD, when you sit down to close the deal, the dollar amount is converted to Mexican pesos at the mid-market rate for that day. If the exchange rate moves the wrong way, a buyer would pay not only more (in pesos) for the property, but they would lose additional money when transferring funds from a foreign currency. As examples, the Canadian Dollar has lost about 13.5% to the peso in the past 12 months and the USD has lost about 9.75%. This is because of complicated issues with the central banks but won’t last forever (but who knows). That probably makes right now a bad time to purchase or build a home if using foreign funds that must be converted to pesos. Oh, don’t forget that Mexico real estate is for the most part a “cash” based business. Mortgage loans would have sky high interest rates.
Hey! I participated in the video. You can either gain or lose with the exchange rate. It happens with foreign investments. If that is really a concern, they may use derivatives to hedge their position. The dollar also has its own momentum. It can go up or down. So, if it is a good moment to purchase or not is not just determined by the dollar and the peso. It is determined by a group of factors.
@@MomentumBlockhome Foreign investors, especially those looking for short term rentals, should educate themselves about the history of the currency exchange rates as well as income and capital gains tax laws in Mexico. Just one example, Airbnb requires the host to have an RFC number registered or they withhold 20% of the rental for income tax.
What I see from here Playa del Carmen resale is very hard and long. Another thing if you think buy a land and build a house the price to build can change fast . The quality is not so good , depreciation is fast here. I see alote owner start to renovate after three years because competition. Another thing most of the time they don't really think about reserve found for condo, they can ask you money to fixe something in the building. I meet two builder here and both don't really have money to build they have the land without permits and they try to find investor because if you build, a 8 unit you need minimal of 400 k USD to start the project, but you need 700 to 800 k usd without the land, anything can happen here when you build, base product going up last year's like sand 30% all is build with concrete.
@@WiseOwl-1 Yes, they should. But it also depends on the company that manages the unit. They may deal with the situation so that it becomes easier. It is all about doing their own research. That is for sure.
I’ve traveled all over mexico, lived in playa del carmen and my main take away is: it is the most egregious lipstick on a pig ive ever seen. Consistently about most all new condos in all riviera maya. It’s built super cheap on the inside, electrical, piping, etc. And then overpriced because of location and pseudo luxury finishes. Couple that with the extremely harsh climate of constant humidity with high salt content. Electric appliances usually last 60% of what they normally would. power outages from an underdeveloped grid is common. Many expensive issues you don’t find out until after a while. Beware.
My wife and I bought a house in Playa del Carmen At the beginning of 2020. Great location 10 to 15 minutes from the beach. We are going to live our retirement there. We feel so blessed that this was possible!! I know with all the development there, our investment has been increasing in value. This type of house would have been impossible to get in Los Angeles, where we currently live. Thanks for the video!!
I am also from the U.S. Would you happen to know of a real estate attorney that is familiar with the laws and process of buying property in Mexico. Any names of attorneys and info would be so appreciated.
We went to Playa for years and really considered buying in Playa, then the beach went away then the seaweed arrived and doesn't look like it will ever go away because of all the pollution feeding it. And never take a real estate agents advise on the value of the area. They are commisioned sales people.
That is why you should always do your own research and potentially be willing to hire someone independent to do that. Value is determined by some factors, it really depends on the buyer's needs and wishes.
Indeed. ;-) And never make a BANK, the "trustee." (Let alone pay monthly recurring fees, in addition to high interest. Nor tie- up 100- 300 Gs in a place based solely upon STR cashflow projections at (or near) the TOP of the market...) The ONLY savvy "time to BUY" is AFTER a correction, when it's 'rebounding....' presuming another 8- 12 year run? Then RESELL again, before the next one! (THAT IS the most important, "investment" POINT. Or it was... before 2020 plus?! These days... who really, knows???)
As a landlord of many rental properties and real estate broker for over two decades, I would say never invest in rental real estate that is located a long distance from you. Too many things can go wrong. When they do, you have to pay someone to fix the problems in your absence, and those things can cost lots of money, particularly if you don't have a trustworthy property manager and network of trusted repair contractors. I have a friend that purchased a couple rentals in another state where she planned to rent one and let her daughter live in the other while going to college. She figured she would earn some quick equity as real estate prices rise. The last I heard the Airbnb didn't do so great last year, presumably because the property wasn't cash flowing since it was purchased with a home equity line on which interest rates have doubled since a year ago. Also, there is always the risk the daughter may decide to go to another college. Like financial planners say about stock speculators. They're not investing - They're just trading. Same goes for real estate speculators.
I'm 48yrs old living in Montreal. I believe my retirement is quite close and I'll if things go according to plan. Bought my first house last month and I would say I'm a lot happier than you think. I'm glad I made certain good decisions that turned things around.
I think 2023 is going to be a better year if people know how and where to channel their energy for financial benefits. I don't know who agrees with me but crypto or real estate is a good way to make things happen.
We bought our place in Akumal because we love the people and the area. We have been coming for many years and never once did we think to ourselves "we should totally cash in on this." I think there are people who buy here to live in Mexico and there are people who buy thinking they're going to cash in.
Lots and lots of expats that own property over there are selling all the time. Keep searching! Akumal is amazing too, just 25 min from Playa del Carmen, between Playa del Carmen and Tulum. We have our condo there and we love it. So far it’s been a great investment . You have to be ready to deal with the Mexican system and be super patient in many ways also be ready for the bad and the good that implies to live there, but for us works and we are happy with it.
Hey! Yes, I agree about "Keep searching!". This process is slow and patience is required. Different locations, different investors. Thanks for the comment.
I been here 3 years, and its getting so expensive for everything, people are leaving now. Cash in the bank is best here 11% much more ROI than a rental property and when the WEF stops flights the whole thing is over.
@@raver581 go HSBC Santander or Inbursa. Talk to them about it. You probably need 150,000 Peso in a account. Inbursa no lockup the other 2 banks I do 90 day lock up to get it. If you don't ask you won't get
REITs are great too though I'm not aware of any leverage options for REITs whereas with direct real estate investing one can use leverage e.g. bank's money.
I am a retired real estate broker/agent in Baja California Sur..., representing buyers and sellers here since 1996. There was no mention of closing cost or annual fee for a bank trust (fideicomiso) when a foreigner purchases property in the restrictive zone in Mexico. Closing cost can be 4-5%, annual fee depending on which bank holds the bank trust and the amount of purchase price, average is $600usd and more.
Also no mention of the VAT 16% tax that presumably comes out of the quoted rent. Also condo fees and maintenance costs. Additionally if the new financing arrangement causes a surge of demand for investment, this might drive up supply of rentals, possibly coincident with a crash of the global economy after 2025 when WW3 is expected to have begun (no joke). No way I would get stuck with a 7 - 9% mortgage headed into the dystopian world incoming. Developing world real estate will increase in value, but the supply of renters and vacationers could plummet at any time. Although any WW3 and CBDC crap (devolvement of the West) would send Westerners fleeing to the developing world, which may prop up supply of tenants. Note no fidelcomiso needed in the interior.
WOW thanks so much for the information. I’m not that far from retirement. Maybe 10 years and I do love Mexico. Thais kind of video is so helpful and I am really interested in finding out more about investing money in property there. Thanks so much. 😊
I agree with several of the comments to be careful, and interview folks who have invested for over 7 years. All the folks you spoke with are entrepreneurs, and are starting projects, and don't have track history. But I mostly would be cautious because the global world structure is changing. 10 years from now the world will look like nothing you could have imagined. Things are going to get better, not worst. But there is a time of the dust settling after major shifts, which we are currently in. And you may want to wait until the dust has settled. All that being said, trust your intuition, that is your highest wisdom.
I participated in the video, my name is Adrián. I invite you to check the company's portfolio (Inversiones Capital) of past projects. Naomi is a presale and, as it is well known, presales have higher risks themselves. We should always keep in mind that there are risks involved and we should think about our preferences. If we cannot assume that level of risk is better to avoid getting in. And yes, I am an entrepreneur. And about the market's momentum: it is really hard to beat the market. Even harder when you are waiting to buy a house as you are betting against a multi-year trend. So, the market's momentum is important. But as you say: trust your intuition. That is why you should deeply research and decide what is your own choice.
We just wanted to let you both know how much we enjoy your channel! We've been following it for a while now.Hell, we even got our surf shark account from you, lol. Just wanted to say thanks for making dope content! We're moving to Playa next week and can't wait!
investing in Mexico - not unless you are a lawyer that knows how to verify title. almost every person I know in Mexico over the past 13 years has had some level of problem over title. Federal, state, city have different registries. and then there is the Maya ownership. if you want to invest you do so at your own risk. a further problem is in buying something that is not completed yet. be prepared to lose your deposit as building never gets completted
I participated in the video, my name is Adrián. You can hire a lawyer that knows how to verify a title bit and supervise it. Because real estate investing is all about knowing something that others don't and/or doing something that others are not doing. If someone is buying in a presale, they should get really serious about their due diligence. And check if all the registrations are properly done. As always: don't just trust. Verify.
@@MomentumBlockhomethe problem is, Adrian, that some of us do not know how to navigate that. I wouldn’t know what to look for or what questions to ask. Sometimes we learn unfortunate lessons through less than desirable experiences. You don’t know what you don’t know.
What a great video guys! Thank you. we are considering buying in Puerto Morelos and found your video informative and well timed. Very best of luck to you both. What a great new adventure it would be for you as newlyweds 🥰
Basically what i believe it boils down to is investing in a condo that seperates it from the rest of the competition....im not fond of studios or 1 bedrooms but i like the 2 bedroom lockoffs
You purchase in US dollars, but your base is pesos. Your title at time of closing is registered in dollars, but converted to pesos based upon the current exchange rate. If/when you sell, your possible capital gain tax is based upon the current peso rate at time of sale.
Love your channel guys and great info about Playa Del Carmen. As a long time real estate investor I’d be very cautious of financing any property to rent. Cash is indeed King in this business. There’s a big difference in what happens when something like the pandemic comes up and you “own” your property instead of having it financed. The bank wants to get paid even though nobody is booking your room. Please don’t purchase properties you can’t afford to have sit idle.
Hey! Adrián here, I participated in the video. I agree with what you say: cash is king and we should use it wisely. Planning for the long term and educating all the time is the key in this case. Nice to see your comment.
Additionally if the new financing arrangement causes a surge of demand for investment, this might drive up supply of rentals, possibly coincident with a crash of the global economy after 2025 when WW3 is expected to have begun (no joke). No way I would get stuck with a 7 - 9% mortgage headed into the dystopian world incoming. Developing world real estate will increase in value, but the supply of renters and vacationers could plummet at any time. Although any WW3 and CBDC crap (devolvement of the West) would send Westerners fleeing to the developing world, which may prop up supply of tenants. Note no fidelcomiso needed in the interior.
So if you buy a property within 15 kilometers of the coast, you have to partner with a Mexican bank in a trust arrangement? It would typically cost $2,500 upfront to open the trust fund and then it costs $900 a month after that? It might be better just to rent or lease a property instead? If you wanted to own property in Mexico, it might be better to buy a property that is 15 kilometers aways from the coast to avoid that legal requirement?
@@LloydandMandy Also Tangerine Travels and his former's partner's new channel Maggie (something). Also I live in Mexico and am late to comment. I posted several new comments today as replies to other comments. Hope you read them. I urge caution on condo investments.
the electrical bill is another scam - this guy you are interviewing that gets his electrical bill from the builder means he does not even own his property yet.
@@tiffany.Elizabeth. have not had that problem - yet. but I was told my electricy was hacked and I owed 100000 pesos. fortunately the landlord bought them off at 6000 pesos, another friend gave that technique a name even - so it is not new or isolated. - I was just unlucky and nothing I can do about it.- even knowing city council members.
What's the best way to find properties in PDC that are for sale. I'm looking for resale and 2-3 Bd under 200000 near the beach? Lots to ask...fixer upper condo would work.
The Trust Fund ( The Fedecamisio ) is just under $500 usd A YEAR . Not a month !!! Thats quite a fumble for a real estate broker to make . Talk about scaring buyers away !!!! If you purchase a property further inland not in a town near the beach or US border , there is no. fedecamisio payments
Hey this is a great video! I’ve already spoken to developers of menesse condos but a bit hesitant with the new pre constructions. Have you guys made headway in purchasing a property in playa? Would be great to get an update on the experience :)
Hi guys, I lived in Playa from 2006-2009. It’s changed a lot. I was always very defensive when news stories in the U.S. focused so much negativity toward the area. After leaving in 2009 I visited at least once a year until my last trip in 2020. I still have many friends there but I just didn’t feel as “safe”. It’s sad, it was going to be my retirement spot. Anyhow, in July of 2022 I quit my job, sold everything and decided to try Phuket. In December I purchased a condo here. It’s good to see you excited about Playa. By the way, they’ve been talking about the high speed railway and Tulum airport since 2006. 😀 Have you found Lido yet? It’s on the beach next to Zenzi., Calle 10 and the beach. Probably my favorite spot in the area.
Hey! I am also sceptical about Tulum's airport and the train. It may take a while. That is why I focus on the road; it is good enough. By the way, I participated in the video.
@@MomentumBlockhome El tren y el aeropuerto de Tulum ya estan en construcción, el tren Maya será inaugurado en Diciembre 2023, tal vez el aeropuerto también
I would love Mexico to continue to invest more in infrastructure, light, electric trains, high-speed trains to link all of the cities just letting Europe. Will Airbnb be good for the next few years or it will be saturated? However, we live in California to have a B&B we have to do it remotely. This can be challenging. forget about US is horrible here.
I’ve been tempted for years, but ultimately felt more comfortable finding a investment in Canada. I liked the idea of renting out long term for less problems when I’m traveling , + I can still live off that passive income. Less complications with CRA, bc I still plan to live in Canada sometimes. Less red tape and headaches with start up and maintenance of the rental business….but in the end, if you find the right professionals + property manager, it has the potential to be a smooth investment in PDC 👌 thks for sharing!
Hi bluestarfishsea; I agree with you 100%. I've been an expat since 2000 (now retired in Thailand) and was faced with the dilemma of where to buy for passive/retirement income. I choose Canada back in 2014, and with a great management company, we don't have to worry about our investment. Like clockwork, we have funds deposited in our Canadian bank about the 10th of each month. CRA, has been easy as well. Overall, look at Canada as an option. Cheers, Dr R
Consider this Senor. The sargassum in that area is a huge problem. And escalating. Tourists are already deciding to go elsewhere. You have seen very little of the west coast or interior of Mexico. Lots more options in Mexico. Many real estate experts point out that there has been a lot of overbuilding in 2021 and 2022. There is too much product out there so Airbnb owners are forced to drop their rent prices. Tulum is a disaster. There is no infrastructure. No septic systems for many recently built properties. There is no decent electrical grid. Even the restaurants run on generators. Watch "The Dark Side of Tulum" on RU-vid. The railroad is very political. Not popular with the indigenous people as it will do a lot of damage to the surrounding environment. I would not buy now. Especially in that area. Good wishes though with how you decide to proceed.
Dear Diego. I participated in the video, my name is Adrián. Yes. The sargassum is a problem. That is why they clean it, there are areas of sargassum free and others go to cenotes. I would focus more on Cancun's airport, Cozumel's airport, Merida's Airport and Chetumal's Airport, the roads that already exist and the boats that already operate. That is something that already exists. Tulum's city centre is different from the rest of the area. Tons of new developments are not centric. That is why they need their own generators. The west coast and the interior of Mexico are also awesome. Yes, lots more options in Mexico. Tourists and investors decide what to do.
You are two nice young people, but I would caution you to avoid offering anything that could be construed as real estate or financial advice. Better to stick with your very pleasant travelogues. The reality is that foreigners contemplating buying real estate in Mexico are facing a road fraught with financial danger. It is a mistake to assume that the norms of property ownership associated with English-speaking countries apply in Mexico. They don’t. I won’t belabor the point, but a little research will easily uncover many cases of foreigners attempting to buy or buying real estate in Mexico getting completely burned. I’m not saying it can’t be done, but any foreigner purchasing real estate in Mexico needs to complete a thorough due diligence and be prepared to lose the entirety of their investment. It’s not for the unsophisticated or faint of heart. I do love the Yucatan Peninsula. First traveled there when PDC had 3,000 people. It is still a nice place, but in 1986 it was truly idyllic. Travel safe and continue to build pleasant memories. One last thought… NEVER, NEVER even think about buying a timeshare! Anywhere!
I’ve lived in PDC now for 1.5 years. My brother has been looking at purchasing a condo. One thing I’ve noticed a lot from being here and looking into that space is that it’s almost impossible to resell. Many people have had their condos on the market for 3 years. There is a lot of sketchy buildings and even trying to get good reliable contractors for maintenance is tough. The realtors here are full of a lot of BS. any government projects like the Mayan rail track will probably never come to fruition.
Also / you’ll have to essentially pay all cash for the place. Mortgages are insane and it’s so complicated. That fancy condo on 38th is essentially just used as an Airbnb.
The Mayan train is literally demolishing Mayan protective sites and cenotes. That train has been ‘in the works’ for years and I can’t imagine it will ever happen. Or at very least not for 5 years.
I participated in the video, my name is Adrián. Thanks for the comment. There are 3 disadvantages that are true: quality is really important and there are too many buildings that have not good quality and they sell them too cheap. That also affects the secondary market: as some houses are built with the low quality they cannot sell them. About reliable contractors for maintenance: networking is the key to this. I also have this concern and that is why I network so much. And we should not forget the long-term market either.
Hey Tiffany, I work in real estate here and it's been my experience that well-priced and well-located resale properties do Not sit on the market long. If a property is sitting on the market it's usually because of some deficiency such as blocked views (I generally do not recommend back-facing units for that reason) or very close to night clubs etc.
Bought a pre-sale condo 3 months ago in Tijuana and the value appreciated $12,000 already ☺️ By the time it’s completed Aug of next year, they are expecting it would have appreciated a total of $50K+ I paid 30% down payment in cash and doing an interest free payment for the 20% then rest of 50% will be paid at the time of delivery which I will sell some of my stocks :)
@@Anonymint-vj7bt he probably thinks that everything you buy in mexico is a scam. It’s called doing a due diligence and hiring the proper attorney for protections :)
@@pkkim9384 titling is very risky in Mexico. There are very exactly procedures that must be followed for example to legally convert an edijo. If any step was not followed precisely this can come back to bite you in the future.
Great question, I wouldn't want to give the wrong advice but from what I can gather yes you can, although you do need to set up a business. it would be best to do your own research.
Yes, many people do it including my Canadian client who has been successfully self-managing the Airbnb rentals on her Playa condo for the past 2 years :)
Hi great video thanks. Would you have the broker contact information that Otis mentioned? If not, can you please ask Otis for the contact info? Thank you
I participated in the video, my name is Adrián. Thanks for the comment. It is important to keep in mind that the higher the income the faster the property will be paid off. We should keep in mind that the conservative scenario leads us into 7 years as the market moves in cycles.
How did you both get enough money to be able to travel so much and live fairly well at that? In other words, what are both of your occupations or do you live on trust fund and other investment income?
LOL. No trust fund or investments, we worked really hard everyday for 4 years learning how to make money online. We started in e-commerce, now YT, affiliate marketing and digital products is most of our income.
At about 16:18 in this current video we learn more about Safety Wing and whether or not it is any good: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-VJNach8JNuw.html Little Grey Box (an Aussie) did NOT think it was, at all. You might want to take a look, yeah? SW goes through a third party and it's directness and transparency leave a bit to be desired.
As we mentioned we used them while on Bali when we got dengue fever, all we had to do was submit receipts and fill out a form. within a month we were refunded, we actually made an entire video about our experience and we weren’t sponsored by then any the time, Sounds like she had issues with getting medical reports
@@LloydandMandy Yeah, gotcha. I saw your Dengue video. I enjoyed it. I admire anyone who can overcome illness whilst travelling, especially if one is a woman going anywhere alone, which really must totally suck! Whilst we're on the subject of this tropical, traveller's disease I have a few more questions to ask of you, please: 1) How high did your fevers get? 39 C or higher? This American knows the Metric System so, have at me, if you want to. How does anyone know which mozzies will give you Dengue, and which will not? 2) Also, what vaccines did you get prior, to going to Bali, please? Seems like a Dengue one might not have been available, where you lived? Americans can get vax'd for Dengue I reckon.
@@LloydandMandy Another question for you, please: Doesn't Safety Wing give you an insurance card that you just take to docs and hospitals? That's how they do it in America.
@@LloydandMandy Do you reckon there is about better, more direct option than safety wing? Someone that does not go through a third party? Also Safety Wing is geared towards pre-39 years old digital nomads for $40 / month. What if one is 65+ years of age? That place charges so much for Senior citizens.
I must be doing something right, my occupancy in Playa is WAY higher than the numbers you showed. I have one of the best performing places in town according to airdna. Airbnb /h/believepdc. If you want to pick my brain I'm in town closing on a second one until Feb 11.
That figure is indeed incorrect amigos. The costs to maintain the Fideicomiso/bank trust are 450-500 Per YEAR after the initial ~2000 USD setup fee, which covers you for the first year.
@@FreedomPlaya this is exactly what im saying....people need to do fine tooth due diligence for their own benefit because everyone's experience is not the same, and fedicomiso is yearly unless you set up an llc as a business then thats waived
Hi Do a Airbnb search for today till next week. There are more than a thousand listings. This is prime time so if 60% yearly occupancy was true you should not even find any or very few.
I participated in the video, my name is Adrián. 60% is a historical record. From my point of view, the listing itself has to be so good that it can compete against the new listings that recently flooded the market. If someone is planning to avoid investing time and effort into a nice ad they should think about that twice.
@@MitchGoldhvu I've lived full-time in Mexico for 5 years. Own a house. Have a title to the property. Went through a Notary (land lawyer) and never had any problems. You are scaring people and should stop it.
I appreciate this content and love Mexico. I also have great environmental concerns about the Yucatan area basically from Cancun down to Tulum. All of that environment is a beautiful Matrix of Swiss cheese like limestone. Many people know about the cenotes that can be found there also. Development seems to be not giving a high regard to the sensitivity of this geographic environment. The consequences could be absolutely devastating for the local people and nature, for tourists, and for investors. 🌴
I bought a condo in Aldea Zama and I want to warn everybody. There is no plan for Tulum, developers can build what they want without proper roads, sidewalks or bike lanes. It’s designed to make walking impossible, with endless loops and dead ends to discourage walking so everybody has to take taxis or rent cars. It’s supposed to be ecological but there is nothing ecological about it. There is no trash separation, no composting, no recycling, no water treatment, no grey water usage. Loads of diesel generators around. Land is so expensive that it raises the price of everything and the taxis have a mafia where you cannot even call one, you have to take the one that is parked next to your building and be forced to pay $10 to go into town, twice for the beach. You pay it because the heat exhaustion is real. Don’t be fooled, there are so many condos now that now they do not rent like they used to. I went two months without guests because of the seaweed problem.
@@Anonymint-vj7bt It can be 3rd world and still have a plan, like many cities in Mexico do. But Tulum belongs to the developers, they do what they want and just want to cash in as quickly as possible
@@gladlock Tulum is not a city. It is a tourist/expat gold rush. Difference. The economics drives this result, as the economics of rural poor drives the cartels in Michocan, etc.. There is no way I will get involved in anything in any tourist area of Mexico, nor the clusterf*ck'd rural mainland. Maybe only in the most arid and undesirable areas of Baja would I touch Mexico with my pinky. Or high-end communities, but I am not into that. I hope you can extricate yourself without too much loss.
be ware!! the guys you are interviewing - ask them again in five years. I have a friend who, after 15 years learned he did not own his property. I have heard too many stories to want to invest - I always advise people not to buy no matter how it looks - the governemnt changes every 4 years or less and that means the ownership rules can change every four years,
Dear Mitch. I participated in the video, my name is Adrián. I would love to be interviewed in 5 years, for sure. In most countries, the government changes every four years or less. It is commonly called democracy. We cannot control politics. But ownership rules are much harder to change. Notaries are independent and they are expensive because they are trustworthy. The registry itself is also trustworthy and rules can be enforced in international courts. I would like to know more details about your friend. Did he use a trust? Did he open a company? Because it really depends on the vehicle that he used. Foreigners cannot directly buy property near the coast. It is true, and one of the guys that were interviewed mentioned it. But you can own the vehicle that owns the property. It is the same in stocks. You own the vehicle. Not the thing itself. I always advise doing your own research because everyone has their own bias, experience and beliefs.
@@MomentumBlockhome I prefer to not continue this dialogue. Suffice it to say there is more than one registry. I stand by my original advice. When buying land be aware. Learn as much as you can. Condos are safer because more people are involved. But i have seen even condos have problems. One never knows for certain..
Are you referring to the 38th street condo that looks artsy? If so then its not overpriced because its probably the 2 bedroom lockoff and 38th st is the best in playa-del-carmen
The high levels of building and tourists are an environmental disaster for the area. Tulum has no real sewage system. The mangroves and underground natural water system and the ceynotes are being polluted and destroyed. Very sad.
Hey, I own 5 properties in Florida and one in Puerto Rico. I've been having a lot of problems with my house in Puerto Rico. I'm coming down to the Yucatan in 2 weeks. We're going to road trip around and finish our trip in Puerto Morelos. Let me know if you'd be interested in grabbing dinner or drinks and chatting about owning Airbnbs. Buying them is the easy part. Managing them is the hard part.
I participated in the video, my name is Adrián. This reminds me of a terrorist attack in Barcelona. We were able to overcome it and I hope that Mayan Riviera may be able to overcome any squabbling and shooting. How to prevent that? Being able to create wealth and safety. It is a flywheel: the higher the wealth the lower the probability of those kinds of attacks. I have to say that both Culiacan and Algeciras events demonstrate to me that nowhere is 100% safe. It is a matter of probabilities.
amigos sending a link of a really entusiashiac girl(woman) i believe she is from the us watch her vlog about investing in mexico she investing in tulum this is her video and vlog name --baddie in business:::: my 220k investmentairbnb property in tulum,mexico-- watch if you want as a mexican investor i believe she have good ideas -- i don"t personal know her but like i said as an investor i would like to pick her brain and get ideas yes that"s all --- watching at your video i thought you may need a little more of traquility if you want to do an investment in mexico maybe contact her anyways that"s all
