Thanks to flexible remote work policies, the destination market across Mexico continues to heat up, especially as remote workers seek resort-style living year-round. Buyers continue to buy vacation homes to enjoy more often and then rent them out as income properties for the rest of the year. Over the past two years, the global rental market remains at a record high as demand continues to outstrip supply. With constant demand and potential transaction problems, well-known real estate companies are entering the Mexican resort market to help buyers navigate the waters.
Prices vary greatly depending on the location of the property. Real estate prices rose 8% year-on-year according to different government agencies in Mexico. Investing in Mexico luxury real estate is generally considered safe and lucrative, especially in tourist-heavy locations like Mexico's Riviera Maya. Investing in holiday real estate in Mexico is a great way to expand your knowledge and experience as an investor.
Real Estate Investment Laws for Foreigners in Mexico
Foreigners can own real estate in Mexico. It's perfectly legal. Outside the restricted zone -- 50 kilometers (about 31 miles) from the coastline and 100 kilometers (about 62 miles) from the border. The foreigners can hold direct title deeds with the same rights and responsibilities as Mexican citizens.
Why Choose Run Away Realty operator?
Run Away Realty is a boutique real estate company located in Mexico's premier small beach town, Puerto Morelos. As a small team, we are close-knit, always having a good time and never minded your business, and are involved in providing help to invest in Mexico Luxury Real Estate. Buying property in a foreign country can be a daunting task and you need professional help to do it properly. Aside from the legal, financial, and industry aspects of your purchase, our job is much more than just selling a home. Join our community and help us start a new way of life.
Puerto Morelos Real Estate
If you want a day away from the stereotyped life, look no further. The charming, laid-back beach town of Puerto Morelos offers the relaxation you're looking for and more. Located just 20 minutes south of Cancun International Airport, this charming community has something for everyone. Casa Marcella is a stunning beachfront hotel just north of Puerto Morelos' main coastal village. It's hard to know where to start describing this property, other than to say that if you ever dreamed of living on a secluded beach in Mexico, this place was likely in your dreams.