In 2023, formal housing construction witnessed a notable slowdown, marked by significant minimal figures. The industry grappled with several challenges, including escalating construction and financing costs due to high interest rates, alongside regulatory hurdles and dwindling sales due to diminished purchasing power....
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Recently, the demand for properties subject to bank auctions has increased and become an opportunity for investing in México. However, as with any business, there are several aspects to consider prior to investing in a property under this condition....
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Mexico is not only a popular tourist destination but also a smart investment for foreigners looking for impressive returns on investments in real estate, opening a business, or opening a branch of an existing business. ...
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Foreigners investing in Mexican property need to follow the legal process in order to protect their investment. When you hear reports of a foreigner losing their life savings and getting caught up in a legal battle over the property in Mexico, understand that this situation is entirely avoidable. If you buy real estate through the correct channels and use a Mexican lawyer during your purchase, buying property in Mexico, it is a safe and secure investment. These are a few grave mistakes foreigners make when it comes to buying real estate; They bought the property from someone who is not the legal owner....
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Purchasing a condominium in Mexico is an exciting venture, and there are plenty of new buildings on the market. Before handing over your money consider these 5 points and as always we remind our readers to hire a lawyer licensed in Mexico to review the sales agreement and carry out due diligence on the property. Can you trust the developer? What is the business model and are their other projects successful? Check out the developer's reputation and experience before you invest. Does the property have a business model that guarantees long-term appreciation? Who is the administrator and what is their...
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