Sunday, 26 June 2011

Real Estate For Sale In Mexico: Get The Preconstruction Sites

By Toby Lacson


Are you interested in investing in any kind of real estate for sale in Mexico? In that case it is vital to consider if you want a pre constructed site or a condo which is up for resale. There are several benefits which are there for customers to enjoy for preconstruction sites.

In case of preconstruction sites, one would get the benefit of pricing as well in the real estate sale in Mexico. More often that not, the newer developments are extremely competitively priced. There would be low and lucrative offerings from the developer in the early stages of the construction. This leads to a quick sale of the first few units. It proves advantageous to a buyer also.

In case of preconstruction sites in Mexico, there is an element of flexibility as well. This is because, due to the site being a new one, the prices are not totally fixed. Thus there is scope for negotiations from the buyers side. A higher discount might not be possible on a Mexican real estate if the price is already a reduced one. Thus one would be able to get a reduced price if they observe the market properly along with seeking guidance of an agent.

One of the most immediate advantages would be to enjoy appreciation when there is a sale of the property. For instance one might buy a property for 0.2 million USD after getting a discount of 0.05 million USD. At a later stage when the units start getting sold for 2, 50,000 USD one would enjoy that increase in 50,000 USD from the beginning only. There might be additional increases in the price as well.

The good part about real estate for sale in Mexico is that one gets lucrative financing options. The preconstruction sites in Mexico usually demand a negligible deposit. The remaining part of the amount is made as per the process of construction. Thus one has a dual advantage since they avail discounts and not required to pay the full price as well. One can undertake finance options from the developer or the bank as well.

In a nutshell Mexican pre construction sites are excellent from the view of investment. There is immense possibility for the real estate to give good returns.




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