Luxury Real Estate Sales Skyrocket In Mexico
Have you ever thought about buying property in Mexico? With the help of real estate agents and resorts, it’s easier than ever to own your own little piece of paradise.Published by Kristin Hanes, AzureAzure.com
Have you ever thought about buying property in Mexico? With the help of real estate agents and resorts, it’s easier than ever to own your own little piece of paradise.
As luxury real estate in Mexico continues to experience a two-fold increase in sales, individuals can purchase their very own condo or house with a U.S.-based escrow or title providing them with a tropical paradise on the beach. The question is how can individuals interested in purchasing these properties go about doing so? And what is the process like?
...The uptick in sales is a trend Vanessa Fukunaga has noticed as well. She’s owner, President and CEO of Engel & Völkers Snell Real Estate in Los Cabos.
“We purchased the brokerage in 2012 and have seen a steady increase in the number of people buying homes,” said Fukunaga. “Our average sale price is $2.4 million. For that price, you can get a 3,500 square foot, 4-bedroom house. There are some developments with amenities to no end, such as beach clubs and golf courses.”
For anyone with qualms about purchasing land on foreign soil, Fukunaga is able to quell those fears. She’s purchased several properties herself in Los Cabos.
“The properties are purchased with a U.S.-based escrow or title, so there’s no chance of losing the home,” said Fukunaga. “If you’re thinking of investing, Los Cabos is the perfect destination. There are golf courses, whale watching, surfing, paddle boarding. You can live at any level you want.”
If you’re thinking about buying property in Mexico, it’s important to do your research and go through a trusted broker or property. ...Other than that, have fun! There are so many people out there enjoying their Mexican vacation home.
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