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How to Get Rental Revenue from Your Condo in Huatulco

by Brent May

 

Just imagine…you, on a hill, gazing across a panoramic view of the beach from your balconied Huatulco condo. Beside you, an infinity pool. In front of you, the Pacific Ocean. Behind you, amenities galore with a fully equipped living area, gourmet kitchen, track lighting, fans and air-conditioning throughout, a huge bathtub and much, much more.

That's you in a fabulous Huatulco condo!

Now what if we amp up this imagery by saying this dream Huatulco condo could put additional rental revenue in your pocket each year?

Do we have your attention?

Cosmo_Irene_4Rental Condo Reservations Go Up, Up, Up

Couples and families want independant accommodations with kitchens. They also want experiences. This means bypassing resorts in favor of rental condos with all the comforts of home.

These rentals are often in paradise locations, offering natural beauty as well as shopping, day-trips, cafes, cultural events, fishing and water activities, such as swimming, paddle boarding, sailing, parasailing, scuba diving, surfing and kayaking.

Here at Own Mexico, we can help you find, buy and maintain your Huatulco condos. In fact, we have done all of the leg work and are equipped with the know-how to make the process easy and thorough.

Here are some of the ways we can help you make your dream a reality while saving you time and energy as you maximize your investment. You'll be enjoying rental revenue with our sure-fire benefits:

1. Location, Location, Location

We have seen a lot of Mexico, but Huatulco offers the most bang for your buck when it comes to rental condo locations. We have helped numerous investors discover all that this area holds, not only for you but for future renters who want all that Huatulco has to offer along Oaxaca's scenic shoreline.

If you'd like to see Huatulco and its surrounding areas, we'd be happy to show you around.

2. Let's Hear It for Appreciation

Since a rental condo is real property, it has the potential to appreciate in value over time. You, as the owner, can hold the property until the market is ripe for the sale (that is, if you ever decide to sell).

3. Take Advantage of the Tax Advantages

A rental condo can qualify you for second home tax advantages. If you'd like to claim tax break benefits, you can track the holiday time you and your loved ones spend in your rental condo in comparison to the time you're away.

Of course, if you rent to long-term travelers, you may qualify for a different set of tax benefits associated with having rental properties. A certified public accountant will help you make sense of it all, and we can certainly offer referrals as needed.

Small_Bayside Vacation Rental4. Opt for No-Headaches Management

Here in Mexico, it's common practice for condo owners to secure a management company to handle all of the details of renting your condo. For a percentage of the monthly rent, the management company takes care of rental contracts, rent collection, repairs, misconduct violations, making reservations, providing indoor and outdoor maintenance and securing housekeeping services.

This can bring you great peace of mind when you're in another country.

Just be sure to carefully review any legal documents, including the declaration, bylaws and house rules that govern your rental condo. And if you need help, we – or our collection of real estate experts – can advise you accordingly.

5. Do Your Due Diligence

One of the best tidbits we can offer is to do your due diligence. This means hiring third-party professionals to review all legal documents, look up property liens, work with the local real estate experts and handle other tasks associated with the purchase. But don't worry, we can help with this too.

6. Get Associated

Many rental condos are linked to a condo association. These organizations are much like home owners associations.

As an owner, you pay into the association, and they work for the good of the neighborhood or building. Condo associations create bylaws that govern rules of operation for pets, move-in and move-out policies, penalties for noise and parties, annual meetings, voting, officer elections and the board of directors. The long-term goal is to keep the property in good shape, and should you want to sell in the future, they have the right to purchase your unit.

Just keep in mind that condo associations sometimes restrict rental arrangements. Be sure to do your due diligence on this before investing in a specific condo.

So there you have it, six ways that Own Mexico can help you with Huatulco condos. And yet we do so much more:

• Complete sales and marketing platform designed to assist people with buying, investing, retiring, vacation, living and loving Mexico.
• Developer marketing and promotion strategies.
• Marketing strategies are planned and developed through marketing campaigns, online marketing, social media, content marketing, blogging, client seminars, online webinars, live presentations, and global publicity events.
• Building strong relationships with leads through quality information pieces including articles, How To’s, pictures, videos and blogs.
• Converting leads into prospective buyers while providing personalized customer service at ground level.
• Providing full disclosure buyer representation, objective thinking, integrity and strong customer service.
• Vacation property rentals and management.
• Our streamlined process that will make you feel at ease, because it works.
• We done it many times before and we can do it with you.
• We are your Mexico experts.

To learn more about rental revenue and what awaits you in this beautiful paradise, contact us today.

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