Fresh off the plane...

[Orm]

Pardon if this has been covered - I had a quick scan but couldn't see anything...

We're flying into Cancun at end of August for a couple of weeks speccing some areas for property in and around Playa.

What's the best way of achieving our aim:

We're in the market for villa or condo - well managed buildings (we live in the UK) aimed primarily at the rental market.

Looking at about 150,000 US$ ish.

We'd like to see some genuinely good prospects and not be dragged around a building site by an overpaid wideboy in an armani suite and a mobile phone.

How do we we start?

Do we just turn up and look in some windows, what about the new builds that are all on the net - are they cheaper when you actually get into the office - is it better going direct or through an agent?

.... and lastly what sort of financing is there - bearing in mind we're UK citizens - can we get local financing? What sort of deposit should we be aiming at...

Didn't realize I had so many questions!

Sorry... any help would be greatly appreciated.

Orm

[Mindbender]

You won't see any Armani suits here - it's way too hot!

I'll PM you some info.

[absoluteAL]

Originally Posted by Orm

Pardon if this has been covered - I had a quick scan but couldn't see anything...

We're flying into Cancun at end of August for a couple of weeks speccing some areas for property in and around Playa.

What's the best way of achieving our aim:

We're in the market for villa or condo - well managed buildings (we live in the UK) aimed primarily at the rental market.

Looking at about 150,000 US$ ish.

We'd like to see some genuinely good prospects and not be dragged around a building site by an overpaid wideboy in an armani suite and a mobile phone.

How do we we start?

Do we just turn up and look in some windows, what about the new builds that are all on the net - are they cheaper when you actually get into the office - is it better going direct or through an agent?

.... and lastly what sort of financing is there - bearing in mind we're UK citizens - can we get local financing? What sort of deposit should we be aiming at...

Didn't realize I had so many questions!

Sorry... any help would be greatly appreciated.

Orm

Mindbender can correct if I am wrong, but I think that nowadays in the $150,000 price range you might be looking at a one bedroom and that's MAYBE. All depends in what area you select to buy in but condo prices have skyrocketed in the last few years.
And MB is correct, no Armani suits. Usually shorts, T-shirt, flip-flops although MB does dress up for business.

[Michele]

Hey guys. Sorry not to have seen this sooner. Yes, you can still get a two bedroom condo for $150K. Don't plan on beachfront or even water views, but they are out there and a great option for those on a budget. If you would like to see some options, PM me and I'll send you some info!

[absoluteAL]

Sorry, I should have clarified that I was referencing properties in the north end of Playa, the Nuevo Quinta or "Little Italy" area of town; let's say east of Avenues 15th or 20th. Hard to find new construction prices less than $150,000 Luckily, I purchased my first condo almost 4 years ago on Calle 30 between 1st and 5th Avenues. Price has more than doubled since then (a 2 bedroom condo) . Purchased a second condo within about 200 yards of my first condo (closed December '06). Price was almost 3x what I paid for my first condo .

[Mindbender]

Thanks for answering that one Michele.

... and as for attire, the I've slept in a ditch hippie look is leaving business Playa life

Although on occasion, I still don't stand close enough to my shaver, as Father likes to say.

[Maverick69]

Originally Posted by Orm

Pardon if this has been covered - I had a quick scan but couldn't see anything...

We're flying into Cancun at end of August for a couple of weeks speccing some areas for property in and around Playa.

What's the best way of achieving our aim:

We're in the market for villa or condo - well managed buildings (we live in the UK) aimed primarily at the rental market.

Looking at about 150,000 US$ ish.

We'd like to see some genuinely good prospects and not be dragged around a building site by an overpaid wideboy in an armani suite and a mobile phone.

How do we we start?


Do we just turn up and look in some windows, what about the new builds that are all on the net - are they cheaper when you actually get into the office - is it better going direct or through an agent?

.... and lastly what sort of financing is there - bearing in mind we're UK citizens - can we get local financing? What sort of deposit should we be aiming at...

Didn't realize I had so many questions!

Sorry... any help would be greatly appreciated.

Orm

I hope you have a strong stomach. I always thought I was a tough SOB, but I finally gave up after 3 failures. All in that price range as well. Be prepared for GREEDY sellers and lots of double talk . My agents were good to me though. Michele will be good to you. She tried to help me out, even though she wasn't involved.

[denzaro]

Please send me information if you can. Thank you.

[Michele]

Originally Posted by denzaro

Please send me information if you can. Thank you.

Hi there! Check your Private Messages!