Real Estate
abril 18
When you’re thinking about investing in real estate in a foreign country, Puerto Escondido in Oaxaca, Mexico, is an attractive option. However, choosing the right condo for your investment requires research.
We share local tips to help you make the best decision based on your needs and financial goals.
When looking to buy a Puerto Escondido condo for sale, it’s important to consider several key factors that will determine whether the property is a good investment or not.
But the first thing you need to do is determine your budget and the features you are looking for in a property.
Once you are clear on what you can afford and what you want, you can start looking at options on real estate websites or by working with a certified real estate agent in Puerto Escondido.
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Location is one of the most important factors when choosing an apartment. Look for options near the beach or in attractive neighborhoods such as Rinconada, La Punta, or Zicatela. Also consider proximity to restaurants, bars, supermarkets, and public transportation.
Prices of apartments for sale in Puerto Escondido vary greatly depending on location, age, size, and amenities. You can find basic options from USD 100,000 to luxury properties for USD 500,000 or more. Compare the prices of different options to get an idea of the average value in different areas.
Some amenities to consider include swimming pools, fitness centers, parking, security, and access to utilities such as electricity, water, and internet. Also, check if the development is pet-friendly and if it has recreational areas such as sports courts, gardens, or event spaces.
Selecting the right condo in Puerto Escondido takes time and effort, but it is worth it to find a property that suits your needs and budget.
Carefully review the materials and general condition of the building. Solidly built condominiums, with quality fixtures and finishes, depreciate less and are more attractive to tenants. Verify that they comply with safety regulations.
Find out the costs of maintenance fees and make sure the condo association is transparent and accountable. Excessive fees or poor management can reduce your profits or the value of the condo.
Analyze the demand for condo rentals in the area and average prices. A condo with high short-term rental potential, especially in high season, is ideal if you plan to rent when you don’t use it. This maximizes your profits and amortizes your investment faster.
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When looking to buy an investment property in Puerto Escondido, the prime areas to consider are Rinconada, Bacocho, and Carrizalillo. These areas are located close to the beach with access to all the services a tourist needs.
Rinconada is one of the most exclusive residential areas of Puerto Escondido, located only 5 minutes from the airport and 10 minutes from the main beach. Here you will find luxury condominiums with top-quality finishes and security.
This area has a great offer of restaurants, bars, and nightlife, making it very attractive for tourists. Condos here are an excellent investment option due to their privileged location.
Carrizalillo has one of the most popular beaches for surfing giant waves. This area is ideal for those looking for a property close to nature but with easy access to the city. Condos tend to be more spacious, with terraces offering ocean views.
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Keep in mind that the process of buying a condo in Puerto Escondido requires research, patience, and commitment.
Take advantage of the resources that Osan Puerto can offer you with its certified real estate agents. Find a condo that suits your needs and long-term investment goals.
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