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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.