Five good reasons to buy real estate in Mexico
With incredibly beautiful beaches, volcanoes, mangrove trees, scenic views, and 35 UNESCO World Heritages, Mexico is no less than a fantasy for people looking for real estate investment at the shore of breath-taking landscapes.
Economic Investment: The current real estate market has come up to a phase where bargaining could be at its best, since the hit of the global pandemic Covid19 has lowered the rates of property in Mexico by 30%, that is said to be the lowest dip in recent past years. Looking at the healing wave of economy, it could be a perfect time to invest in Mexican real estate, and any further watch and wait strategy can make you regret it later.
Great Returns on Investment: The growth perspective in the country infuses deals with opportunity as the economic scale of Mexico points at ninth place in the world. Ample resources, raw materials, and infrastructure in the country are another good reason why one should not miss out on potential deals. The development rate of the country is really high and can offer a range of possibilities for various businesses.
Impact of Cultural Diversity: Mexico is rich in landscape diversity that can become a base for numerous activities in the country, and for both personal and businesses; it would be advantageous to invest in small to middle-scale start-ups. The geographical diversity of the country also add more reasons to buy property in Mexico. Hotels and restaurants can be best complemented with different aspects of nature. Being one of the largest Spanish-speaking nations in the world, Mexico is inhabited by more than 22 million people that are warm and welcoming for visitors from the rest of the world. Despite this lingual majority, it still has plenty of English speaking people everywhere in the country.
Local Traditions & Tasty Food: Who doesn’t know how famous Mexican food is and it’s frequently talked about arts and traditions! From rich flavours to the cultural diversity, Mexico has much to offer travellers who are captivated by its colourful history, captivating music and dance, and other artistic attractions that all together create a great ambiance to reside in. Mexico is also popular for many delicious dishes and exotic food items such as chocolates and mouth-watering recipes that can turn a real estate investment into a huge profitable chain of food businesses in the country.
Convenient to Reside: Mexico favours all those who want to settle in the county without needing to wait until retirement. It’s easy and fast to get Mexican residency for expats as the paperwork for a visa is not associated with notary stamps, unlike in other countries. This could be a real advantage and a great complement for long-term investment in real estate of Mexico.
Above all, in case you still feel that these reasons are not good enough to invest in real estate, here is a bonus point! Mexico offers a six-month free visa stay in the country that allows one to stay and observe the surroundings, go with the flow and decide if Mexico could be a place for you to call home.
