Did you know that investing in Playa del Carmen real estate pre-sale investment properties offers the chance to reap significantly higher return on investment much faster than buying property after construction is completed? Let us show you why opting to buy properties in pre-sale is a great way to get incredible value and lock in high profits from rapid appreciation once the development is completed.
Here are five of the best reasons to invest in pre-sale condos in Playa del Carmen!
1. Maximize Return on Investment
Not to sound like a broken record, but raking in much higher return on investment is the number one reason to buy properties in pre-sale. Here’s how it works: As housing prices continue to rise over the course of the construction period, the home itself also rises in value, so the potential to reap a profit is there before construction on the property is even complete. The key to making this work for you is to look for investment properties located in a strong real estate market, such as downtown Playa del Carmen in Mexico’s Riviera Maya.
2. Steep Price Discounts
Big developer discounts on the sale price is another major reason it’s easier to maximize return on investment when you buy properties in pre-sale. Most pre-sale investment properties are sold at a low base price without appreciation costs, so by the time construction is complete, the base price has gone up substantially. As with any smart real estate investment, the key is to buy in a great location like downtown Playa del Carmen, where demand from tourism growth is easily outpacing supply, creating a unique opportunity for rapid, sustainable growth.
Many pre-sale real estate investment opportunities also offer buyers the chance to take an active role in the property’s design, from choosing a floor plan to selecting finishes and furniture, which is part of the package in many turnkey rental properties. We recommend looking for turnkey vacation rentals that offer easy access to a wide variety of services and amenities, as well as high-end finishes and luxury touches throughout the interior spaces.
4. Eligible for Self Directed IRA Real Estate Investment
Although some developments offer financing, Playa del Carmen real estate is typically bought and sold on a cash basis, but not to worry if you don’t have that kind of money just sitting around! When you buy properties in pre-sale, the investment is typically eligible to purchase with funds in your IRA account. Self directed IRA real estate rules permit the purchase of investment properties with money from your IRA account, and this smart strategy offers wide ranging benefits of its own, including tax-deferred growth, secure retirement income and a hedge against inflation.
5. Low Maintenance Requirements
Although all investment properties require basic upkeep, another major advantage of buying pre-sale real estate in Playa del Carmen is that you get to start off with a brand-new building, which is naturally going to require less in the way of maintenance than older properties. This benefit is multiplied when you opt to invest in a turnkey rental property with a professional management team who takes care of every aspect, from renting and maintaining, to paying utilities and other upkeep. At IPM, we offer an innovative No Worries, No Hassles Ownership plan, which means our investors always get the highest possible return on investment and ensures all of our guests enjoy every stay.
Do you have any questions about buying pre-sale real estate in Playa del Carmen? Post them in the comments!
Read Playa del Carmen Real Estate Tips for Buying Pre-sale and learn how to spot the best pre-sale real estate in Playa del Carmen!