Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
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Mexico
Boutique Hotel on Breathtaking Beach Location
Location
Celestun, Yucatan
Property Type
Investment
Bedrooms
N/A
Bathrooms
N/A
Price
$2,685,000
Cozumel is in affect an island in the Caribbean, situated off of the eastern coast of Mexico's Yucatán Peninsula, right across from Playa del Carmen and about an hour south of Cancún.
Cozumel is a major stop for international cruise ships and is globally recognized as one of the world's top scuba diving and snorkeling destinations.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Investors can choose from a wide range of different types of investments in Mexico real estate Cozumel, from residential homes, condos, duplexes, or apartments, to commercial offices, retail stores, or industrial buildings leased to businesses.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
Millions of visitors arrive each year in Cozumel with cruises, ferries, and flights brining them in and providing a very strong tourism market place seeking vacation rentals and short-term stays.
Property prices in Cozumel are generally lower than similar beachfront or island destinations in the Caribbean, making it a cost-effective entry point, and the area is considered one of the safer areas in Mexico.
Areas to consder if investing include San Miguel and the Southern and northern coasts.
