COVID 19 has truly changed our world and had an enormous impact on financials, tourism, and real estate.
A real estate opportunity exists today because of three significant changes.
These changes include:
- The strength of the dollar compared to the peso
- The instability of the stock market
- Low-interest rates in the United States
The strength of the dollar compared to the peso gives investors and second-home buyers in foreign markets the ability to purchase real estate in Mexico. Today, 1 United States Dollar equals 20.64 Mexican pesos.
Volatility in the stock market motivates people to consider other investment opportunities. With some of the biggest one-day drops in history and rebounding to all-time highs, it’s no wonder people are looking elsewhere for a secure investment.
When someone is close to retirement, this volatility can put them on the path to destruction. But, real estate is a tangible asset offering diversity and a track record of appreciation. People can buy real estate by leveraging using their mortgage or financing to cover costs for purchasing a property.
The average 30-year fixed rate is at an all-time low of 3.120% and below the last few weeks. A 15-year fixed rate is at 2.5%. This opportunity gives investors a chance to buy real estate in an area that has shown to increase in value over time. The Riviera Maya in the Mexican Caribbean is a top destination for investors who want to make a positive ROI with real estate and the tourism industry.
Investors can profit and have the best of both worlds. Imagine combining 5-star hotel resort amenities and the investment opportunity that comes with full ownership.
SIMCA specifically offers two properties that offer budget-friendly resort lifestyles. Ipana in Playa del Carmen and Gran Tulum are attracting people who either want to live temporarily or permanently at this beach destination. As investors or full-time homeowners, they have access to privacy and exclusivity.
Amenities such as spa’s, sky bars, kids clubs, pool bars, sports bars, and rooftop pools, and 24/7 reception services draw vacationers, investors, and people who want an office in paradise.
Remote workers are flocking to Tulum and Playa del Carmen because they can work from home with the modern infrastructure that these destinations offer. With a lower cost of living, they have access to these 5-star amenities and inherently lower their stress in a more natural setting.
Now is the time to invest in pre-construction properties for the most capital appreciation or your next spec condo for immediate passive income. It’s your choice, either live in the property and make money on capital gains over time or rent it out when you aren’t there for the passive income.
SIMCA Real Estate is bouncing back and rolling with the punches after the onset of COVID. They’ve found a way to help people capitalize on real estate with discounted rates of 15%-20%, the strength of the dollar, low-interest rates, and their desire to diversify from the volatility of the stock market.