Hi, We’re SIMCA.
We’re the #1 Real Estate Developer for the Southeast of Mexico. In 2005 we launched SIMCA, although we’ve been building homes long before that.
We’ve endured market crashes, global changes, and the current COVID pandemic and we’ve come out stronger than ever.
Our clients are:
Learn more about our project here.
When we talk about Mexico in this guide, we’re talking about the Riviera Maya and the Yucatan peninsula.
This area of the Mexican Caribbean separates the Gulf of Mexico and the Caribbean Sea which extends down to the border of Belize. You should definitely add this to your list of places to visit.
Known for its impressive architecture scattered throughout the jungles, the Ancient Maya civilization relied heavily on religion, mythology of gods, astronomy, mathematics and their calendar system.
Even though the Mayan civilization lasted over a period of 3000 years, today the Mayan culture is still evident in the vast diversity of the land.
You’ll find the Mayan influence in the architecture, cuisine, and local traditions. Europeans, Americans, Canadians, and even Mexicans come to the coastal areas of Mexico to experience the lifestyle.
The Riviera Maya enjoys a warm tropical climate of about 82 degrees all year long.
That sure beats shoveling the snow!
The best times to visit are from the end of November to April. Rainfall fluctuates depending on the season and becomes more prominent in June when hurricane season starts.
Caribbean beaches, swaying palm trees, turquoise green waters with an average temperature of 84 degrees.
It’s dreamy, don’t you think?
It’s no wonder vacationers flock here to swim and dip their toes in the waters of the Riviera Maya from January to December.
It’s perfect for all your water activities.
According to Statista travel and leisure, 6.15 million foreign visitors arrived in Southeast Mexico in 2019. This is estimated to be an increase of 1.8% compared to the previous year.
There’s never a lack of activities for the laid back vacationer to the adventure thrill seeker.
Playa del Carmen, Tulum, and Merida are top destinations around the Yucatan and Caribbean Sea with expats escaping the rat race and looking for a better life.
Each location offers something different. Investors, retirees, and second-home buyers all benefit from something at each destination.
Mexico is a top destination to invest your money… whether it’s for rental yields or capital appreciation.
Even during a pandemic, there are positive effects on the luxury real estate market.
Buying international real estate typically is something you hear about with the ultra-wealthy, but SIMCA makes it possible for new or savvy investors, and people looking to move overseas who want to profit off the growing real estate market.
Premier Offshore Tax & Corporate, Inc. is a leader for U.S. tax compliance and doing business offshore. They even believe now it’s a smart time to invest in Mexico.
Today the strength of the dollar against the peso allows Canadians and Americans to get more for their money.
The Mexican government continues to strategize and enhance the first- world infrastructure to increase tourism.
A Mayan train project connecting all parts of the Yucatan down to Bacalar is under discussion. With the influx of Tulum visitors, the government is proposing a new Tulum airport. New bridges over lagoons and widened highways are all in the works.
If you’ve ever dreamed of owning a home in some exotic location where tranquility and a laidback lifestyle is the norm, then look no further.
When discussing real estate in the Yucatan peninsula we’re talking about three distinct locations that are very profitable now.
At each of these locations, investors can make a profitable income.
During 2019 housing prices in Quintana Roo increased by 11%.
According to the Financial Times:
Although security issues are a concern, safety within the peninsula and Quintana Roo often surpasses many of the top U.S. cities.
It is known for:
– The Famous 5th Avenue shopping and dining.
– The most popular tourist area in eastern Mexico.
It’s not unheard of to get an annual rental income of $41,000, $48,000, $53,000 or even up to $57,000 gross per year.
That’s hard to match on a rental property in the United States.
One of the best-preserved coastal Mayan ruins sits here in Tulum overlooking the tall cliffs and the Caribbean Sea. Approximately a little more than an hour from Cancun airport, you’ll be at this jet-set destination. It’s no longer the hippie town that it once was, but has a wellness vibe that attracts Hollywood celebrities and Instagram models.
The Tulum hashtag for Instagram has well over 5 million posts with its boutique, eco-chic feel. Yoga teachers, massages, and even yoga paddleboard classes are plentiful.
According to International Living, you can Profit From Tulum’s Rapid Growth.
It’s not unheard of to get $2500 per month making $10,000 for the high season and low season drawing $9000 with long-term rentals.
Short term rentals could earn you $6000 for 30 nights at $200 or 45 nights at $150 = $6750.
One strategy would be to mix up the short term with long term rentals. Currently, the best profit option would be to purchase a pre-construction property and sit on the appreciating value over the time it would take to build. This can be upwards of 28% from the day of sale.
The Riviera Maya is definitely one of the most desirable Caribbean coastlines available. In fact, Tulum is setting up to be the perfect destination for those that look to work from home, but in a paradise setting.
Not only can you expect capital gains with Tulum, but you can expect attractive rental income if you choose to rent out your property.
Some are even saying that they can’t find a long term rental for less than $5,000 a month.
Merida is located about 22 miles from the Gulf of Mexico. With a thriving ex-pat community, this colonial destination is perfect for those that want a vibrant city life, Mayan architecture and a lower cost of living.
Because Merida is so close to the ports, businesses are flocking to the industrial parks.
SIMCA helps investors secure returns on industrial projects and helps retirees and families to experience the safest community with the best amenities.
Using a Real Estate Developer to purchase your property in a foreign country offers many benefits.
Now that’s not to say that we don’t recommend using a Realtor. In fact, SIMCA works closely with many realtors that want to expand their business globally through our SIMCA Referral Program.
You might ask…
According to Wikipedia,
“Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control, and orchestrate the process of development from beginning to end.”
You might say, that sounds like a lot of work. And, yes it is. That’s why it’s so important to find a trustworthy developer that has the right connections so that your project finishes and has the resilience to survive global issues that come up.
It’s important to work with a company that can adapt to the growing needs of the community and keeps up with the ever-changing demands in the real estate market.
SIMCA Real Estate continues to be the top developer in Mexico’s Caribbean and offers a variety of projects that include:
If you’re interested in learning more, don’t hesitate to reach out for a discovery call.
SIMCA offers properties to provide passive income through rentals and capital appreciation with long-term ownership.
Merida, known as the industrial powerhouse is a great opportunity for investors to rent out warehouses and lots to businesses coming into Mexico.
If investing isn’t on your radar, Merida is the perfect colonial town for expats and retirees.
Either way, you’ll be profiting by:
As Ronan McMahon says,
“ Real estate is the most versatile asset you can own. It offers so many different ways to maintain and grow wealth.”
Rental Income ROI can be between 8-13% and capital appreciation can be upwards of 28% when you purchase pre-construction properties.
Supplement social security with global real estate. Diversify your portfolio.
Buying property in Mexico might be scary at first. Especially if you’ve never purchased a property outside of your home country.
It’s important to:
Invest the right way, you’ll have a positive impact on your finances and personal lifestyle here in the Riviera Maya.
You might even hear people say things like, “Do you really own it?”
The answer is YES, once you buy your property the way we are suggesting, you will own it.
It’s not a lease.
It’s not a timeshare. You have full ownership rights and can visit anytime you want. You can move into it even if you bought it as an investment or sell it anytime you want.
But first let’s go over some of the financial options for Buying Real Estate in Mexico.
Cash is King and that’s how most transactions are done in Mexico. But with the strength of the dollar against the peso, you can get so much more for your money than you could in your own country.
Sometimes up to 70% less than what you’d find in the U.S. for a similar property.
The only way you qualify for a Mexican bank loan is if your spouse or you qualify as a citizen.
Or, you can use a third-party mortgage broker who has connections with private investors.
Consider working with a mortgage broker in the United States to help you structure the best financing options for your property.
I hope this guide helped you realize that investing in a Mexican property is easy if you follow the advice presented.
Get ready to diversify your portfolio or live your new life.
Below you’ll find the outlined steps. Schedule your discovery call to answer more questions. We always love helping people figure out ways to live the laid-back lifestyle and profit in one of the most beautiful destinations.
Is it an investment property or your dream destination for a tranquil lifestyle?
Let us know by leaving a quick comment below or schedule your discovery call.