Episode 43 - Navigating Real Estate Investment in Mexico's Riviera Maya: Opportunities and Pitfalls with Susi MacDonald
Description
In this episode of Dream Retirement In Mexico podcast,host Risa Morimoto and real estate maven Susi MacDonald tackle the intricacies of investing in Riviera Maya’s booming property market.
Susi emphasizes the necessity of thorough research and transparency in dealings with developers, highlighting due diligence and the need for a licensed realtor. They discuss the importance of respecting the local environment and community, and Risa notes practical aspects of oceanfront properties, including maintenance costs.
Susi points out the impact of the Federal Highway B 307 and new developments planned in the region. Financing options for foreigners, selecting reputable developers, and the benefits of legal representation are also covered.
The episode also introduces the innovative concept of a new condo hotel in Puerto Morelos, balancing hotel convenience with the comforts of home for potential investors.
Risa recounts her experience of the region’s growth through her trip to Cancún and Playa del Carmen, reinforcing the region’s appeal for real estate investment in the wake of infrastructural developments like the Mayan train. Both speakers provide valuable advice for listeners looking to invest in Mexico’s Riviera Maya safely.
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