Even with all the investment possibilities that have arisen through technology, the internet, cryptocurrencies and others, acquiring a property is, even in times of pandemic, the most profitable and safe option to invest your money and here we leave you 5 keys for you to do it wisely.
1.-OBJECTIVE OF YOUR INVESTMENT
One of the most profitable options to invest in real estate is through real estate rentals. In the case of investments in housing developments, if your objective is to change your residence permanently or for periods of time, a hybrid model may be the perfect plan to keep your investment profitable and increase its value. This type of model is more attractive in tourist destinations, for example, where there is a constant flow of local and foreign visitors in search of comfortable spaces to enjoy vacation or medium-term periods.
2.-BUDGET AND TIME PROJECTION
Reviewing your finances and the budget you wish to allocate for your next real estate purchase will make your real estate investment a very smart one. This will give you a punctual x-ray of the options that will enter your budget and will keep you in that limit line and with it you will not neglect other essential aspects of your life.
We recommend you to make a complete analysis of all your expenses and income, take into account the payment of your credits, and other occasional expenses such as recreation or entertainment, so that you have a complete vision. 3. LOCATION AND CONNECTIVITY
Another of the most important analysis that you should consider is the location of the property you wish to acquire. As you know, the capital gain of your investment is increased by many external factors, not only those that have to do directly with the residence per se, but also by the area in which it is located and the accessibility to the services it has; medical options, restaurants, entertainment, commercial, etc. The access and transit routes from the apartment or house to other points of the place where it is located is essential.
In this key point, it is worth mentioning the great plus that acquiring a property in a tourist destination adds to your investment.
4.-AMENITIES In general, the constant search for added value in our purchasing experiences -whether for real estate, products or services- has modified consumer habits in all areas. In real estate, this has been translated into amenities that accompany and encourage the experience of integral enjoyment and that it is not just “a simple place to live”.
This is also a big factor in the capital gain of the real estate you acquire and in the profitability of your investment in the long term. So when you are about to choose the property in which you are going to invest, take into account everything that the place offers you.
5.-FINANCING OPTIONS Now the key point is not the last one in our list, it is the least important. Reviewing the financing options you can access will bring you closer to achieving that goal you are dreaming of: a smart real estate investment. They should be adaptable or better yet, tailored to the client’s needs, have interest rates in line with the market, be flexible in terms and conditions of payment time, and also consider the options of possible penalties.
At Rivieralty we offer you the best investment opportunities in the Riviera Maya. With our developments in Tulum and Playa del Carmen, both cutting-edge real estate concepts and our specialized service, we are reinventing the way to invest in the region’s real estate sector through the introduction of innovative business models and the application of new technologies that allow investors an excellent Return on Investment (ROI).
