Real Estate Development companies are now well established in Mexico. Their presence in the Mexican real estate market is giving life to realty projects which offer a safe, professional and straightforward method to purchase a home here.
These property developers have weighed-in to Mexico’s real estate market investing, collectively, tens of billions of dollars of capital over the last decade or so.
They are not throwing their money into the market idly. They are doing their homework: choosing their locations carefully, conducting extensive research about what their clients want in terms of services, features and facilities, and they are building not just homes but entire new communities where people, spaces and environment may blend and interact successfully together.
Some development projects also encompass ecologically-sustainable practices and new technologies. Rain water recycling, sustainable landscaping and solar panels are just a few of the initiatives being implemented to new buildings in some Mexican development projects today. Expect to see a substantial increase in these types of eco-initiatives in the future.
As a result of the care and attention being paid to these projects, the people who are buying homes in these new developments are moving into a new lifestyle, not just a new home.
Most of the major projects are being implemented along Mexico’s coasts. At sea-level, they provide year-round warmth, and a fantastic environment in which to live, work or retire.
However, the growth isn’t limited to the coasts and popular ocean-side locations. Some Mexican colonial cities are also benefiting from the inward investment in Mexican real estate, as people search for beautiful places to live ‘off the beaten track’.
Small towns and villages which were regarded as ‘outposts’ just a few years ago, are today evolving into bustling local communities in their own right. An example of this is San Felipe, a fishing village on the edge of the Sea of Cortes. Large parcels of land were purchased here and the necessary permissions sought from local government to develop the land into beautiful new homes, including space for a number of eco-houses. Another example is the town of Loreto, where several developments have appeared since the turn of the century. These are examples of how little heard-of places have been transformed into local communities where foreign residents have chosen to live, and work or retire.
Another key benefit the developers have brought about is the streamlining of the purchase process. They take care of all the permits, make the purchase procedures straightforward, provide property which is fully serviced and maintained, and the projects also bring together buyers into a community of interest, which provides support and social connections to those investing in the area.
Read our complete and comprehensive guide to Realty Developments, to learn more about the developers and the developments they are creating in Mexico. You can also browse a list of active Realty Development Projects in Mexico.
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