Thursday, March 27, 2008

New trend in global real estate

The U.S. real estate may not be hot anymore but more and more North Americans are buying second homes or retiree homes in Mexico and Central American countries. Mexico, a huge second home or retiree home market, is an obvious choice for Americans and Canadians buying abroad. New construction in Mexico is offering various master planned communities with lifestyle and safety that resembles second homes in Florida.

Many real estate companies are providing services to Americans and Canadians to help them buy properties in Mexico. Pravin Wankhede, President of Goglobalreal LLC , was invited to Playa del Carmen, Mexico on January 22nd for an inspection trip to Mareazul project. Mareazul project is located 30 minutes from Cancun International Airport. Mareazul has a master plan with PGA standard Nick Price designed 18 holes golf course, beach club designed by Roberto Cavalli, International Signature name Spa, World renowned hotel flag on premises and luxurious condos with view ocean view from every unit.

A low cost of living allows people to live high standard of living on a modest retirement income. Sunny beaches have always been an attraction for Americans and Canadians and with high standards of services, many foreigners are buying in Mexico and Central America because it is a place where their dreams are coming true with all the luxuries and a house maid, cook, chauffer and gardener. Baby boomers are looking beyond Florida to retire any live the dream of their life.

People are buying not only for second homes or retiree homes but many are buying for investment. Many developers are offering Rental Management programs so that you can rent out your condos and collect rental income and also get to use your condo for 4-8 weeks with prior reservation. You can also buy and make it your own timeshare by renting it to friends and families. Rental services are also available on internet. Real Estate is booming in areas such as Playa del Carmen because of tourism and new construction in the area. The appreciation of real estate is much higher than the appreciation of real estate in US.

It has become easier to buy international real. Companies like Goglobalreal offers International real estate consulting services helping clients understand each and every step of buying process. Buying and living internationally is no more a mind boggling idea but it is a very plausible idea with more benefits and low risk. Contact your international real estate Consultant today!

www.goglobalreal.com

1 comment:

Anonymous said...

Wow! So it is possible to contact realty companies like Goglobareal to find a property in other countries. I always wanted to own real estate in Mexico. Thanks for the information. www.goglobalreal.com website is indeed cool and has good resort projects.

Juan