Home How To GuideBuying Property in Mexico Hot, Hot, Hot Real Estate in Mexico — Don’t Miss Out!

Hot, Hot, Hot Real Estate in Mexico — Don’t Miss Out!

by Brent May

 

If the thought of owning real estate in Mexico has EVER crossed your mind, contact us right away! The market here in Oaxaca is hot, hot, hot — and we’re not talking weather and tacos!

People. Are. Buying. Specifically, they’re purchasing real estate in Puerto Escondido, Huatulco, and in the Yucatan.

How do we know? Our business is breaking records, despite the COVID-19 pandemic. So much so that we are passing this amazing opportunity on to you.

In March 2020, COVID-19 impacted the world in a way we never could have predicted. Masks were mandated, lockdowns were in place, and real fears began to set in. We, too, got a little scared for ourselves, our loved ones, and our business. But then something amazing happened — there was a big shift in life priorities!

People from other countries (especially Canada and the United States) began to invest in opportunities that could be shared with families — and for many, that meant buying real estate in Mexico. Young professionals and retirees alike reached out to us for options that got them out of their four walls and into paradise.

Many began boarding flights for Oaxaca. Thanks to Mexico’s no-entry restrictions, such as zero pre-departure COVID-19 tests and quarantines, more and more travelers headed our way. The hospitality industry and related businesses responded quickly with ways to help visitors stay safe and healthy.

Our team jumped at the chance to help them find what they were looking for in new and exciting ways. We developed creative services that connected clients to the community and what was available in their desired locations.

We even found ways to do it virtually! In fact, many of our clients purchased property sight unseen! (This still blows our minds!)

By working together to serve our clients with innovation and know-how, our business prospered. We continued to sell a property a week, which is virtually unheard of during a global pandemic!

In fact, the current September was better than the previous September. We experienced record-breaking numbers in 2020 and through the first quarter of 2021. We are set to sell more this year than the last two!

Now, we don’t share this to brag but rather to demonstrate how we have shifted our business to meet the priorities of our clients. And we’ll do the same for you!

So, if you’re thinking about becoming a property owner in Mexico, now’s the time to enter the market.

Prices will increase in 2021, as supply is being “picked off” with every passing month. It is definitely a seller’s market, and we encourage you to make the extra effort to connect with us here in Mexico or online. We’re happy to accommodate your in-person or virtual preference and guide you through every step of the process, including tours, property inspections, taxes, and the closing process.

Helpful Tips

Check out the tips below to save time and maximize your real estate shopping experience.

  • Determine your budget ahead of time.
  • Make sure your credit is in tip-top shape.
  • Be ready to jump, as the best options usually get snatched up pretty quickly.
  • Consider what you can and can’t live without. There might be some things you could sacrifice in order to get the best deal.
  • Consider expanding your search to a location that isn’t as popular or competitive. Let us know if you need some suggestions.

We look forward to answering your questions and helping you get what you need to make the most of life in Mexico!

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