Global Real Estate Investing can be the best asset to own during times of crisis in your own country. It brings in passive income while it appreciates in value if you buy at the right moment. So why not look into how you can make money with Mexico’s real estate? Today you’ll see a strategy for the top three ways investors can profit on real estate in the Riviera Maya and Yucatan.
- Industrial Properties in Merida
Merida offers colonial history, culture, and modern infrastructure that attracts new business opportunities and ex-pats. Merida’s proximity to the Gulf of Mexico and the main hub leading to Mexico City, Cancun, and Progreso makes it the perfect destination for investing.
Endemico, an SME Industrial Logistic Park developed by SIMCA provides the infrastructure for electricity, fiber optics, the water system, drainage, and natural gas among other things. The improved infrastructure draws large-scale industrial companies looking to grow their business. An increase in businesses attracts more people that can benefit from the blend of amenities and services.
Some of these amenities include a Commercial Zone with showrooms, parking lots, clubhouses with nurseries, and meeting rooms for co-workers.
The emphasis is on integrating companies with their customers. To accommodate the influx of people with the enhanced infrastructure, some of the most exclusive residential lots are available for purchase complete with lighted golf courses.
Investors can profit from SIMCA’s industrial park by purchasing land that retirees or workers want to build their homes on, or they can rent out the factories, warehouses, and offices that businesses need to transport and build their goods.
Lots start as low as $15,000 USD and are a profitable way to diversify your global real estate portfolio.
2. Condos in Playa del Carmen and Tulum
Playa del Carmen and Tulum beaches are some of the most popular destinations in the world. So, it’s no wonder people are flocking to visit and live here. With Quintana Roo being the fastest-growing state in Mexico, it ranks as one of the best places for investment.
Benefits of owning a rental income condo
- Purchasing in Playa del Carmen offers the most passive income right now.
- Purchasing in Tulum provides the most capital appreciation on pre-construction condos. It can be upwards of 28%.
- Passive income starts once you start renting it out.
- Property taxes are extremely low compared to the U.S. Taxes typically run between $100- $300 per year.
- The typical ROI is 8% in Playa del Carmen
Imagine owning an investment property in Tulum starting at $134,900 or in Playa del Carmen for $174,900.
3. Hotel/Residency Program
With a hotel occupancy rate hovering between 85-92% capacity, sometimes even 100% during high season, SIMCA realized they could present a new kind of opportunity to investors.
Located in the hotspot of Playa del Carmen, Singular Joy opened in 2019 with all units sold. Today SIMCA focuses on the up-and-coming Singular Dream hotel residence model just off 5th Avenue. This turnkey solution offers investors their own residential privileges for up to two months per year.
When they aren’t using it, their one, two, and three-bedroom units rent out as a hotel suite overlooking the beautiful Caribbean waters. The investment is guaranteed a minimum of a 4% return. After 12 months investors have experienced up to 12% ROI on their Singular Joy condos.
We expect a similar return on investments with Singular Dream. The lock-off feature allows investors to market their units to multiple families.
So you see if you’re just starting out investing or you’re a seasoned investor, SIMCA offers 3 different ways to make money on Mexico’s real estate market. We’d love to help you discover the best option with a discovery call.