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Old 10-09-2013   #1 (permalink)
Michele's Avatar
Join Date: Apr 2004
Location: Playa del Carmen, QR, MX
Posts: 6,263
Exclamation 10 Things Every Vacation Homebuyer Should Do Before Buying Playa del Carmen Real Esta

So, you’ve discovered our fantastic little Mexican Caribbean city. You’ve spent a few glorious vacations relaxing on the beach, shopping on 5th Ave., exploring the region’s mystical cenotes and maybe even diving the world’s second largest reef system. You love the weather, the people, the food, the laid back lifestyle. Now you’re back home and the wheels are turning. You start imagining your perfect vacation home in your perfect vacation destination. Simply out of curiosity… to scratch that itch… you Google “playa del carmen real estate”. Look out! You’ve taken your first step toward buying a vacation home.

What do you do next? Here are 10 things you should do before buying real estate in Playa del Carmen.

1. Find the right real estate professional for you

90% of all vacation home-buyers begin their search on the internet and with good reason. The internet is an excellent source of information for buying a vacation home in Playa del Carmen. Plan to spend a good amount of time looking at various agency websites and their listings, then make contact with a few who offer a good inventory of the kind of property you are looking for. Don’t be afraid to ask for referrals. A reputable brokerage will be eager to put you in touch with some of their past clients. Choosing the right Playa del Carmen real estate agent is one of the most important decisions you can make in the home-buying process. That agent will be your eyes and ears on the ground and should be a great resource for little-known information about the area.

2. Establish your needs and desires
According to the National Association of Realtors, when asked for the reasons for purchasing a second home, the majority of people answered vacation (51%), followed by retirement (18%), investment (16%) and rental income (15%). Regardless of your personal motivation, you will want to consider how your new vacation home will be used and by who. You may only need a one-bedroom bungalow, but a two or three bedroom unit will be far more likely to attract renters and will be easier to resell. Consider also whether this is a property you are planning to keep for a long time or turn over in a few years. Right now, you may think you’ll keep this tropical retreat all to yourself, but it’s wiser to shop as if you’re going to rent the place out at some point. In Playa del Carmen, a home’s rental potential will absolutely affect its resale value. Also, if you have an eye toward retirement, you will want to be sure the property will suit you in your elder years.

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Michele Kinnon
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