Episode 43 - Navigating Real Estate Investment in Mexico’s Riviera Maya: Opportunities and Pitfalls with Susi MacDonald

2024-04-05

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...

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.

Want to learn more about purchasing real estate in Mexico? Join our FREE WEBINAR!

Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.

To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.

Key Moments:

00:10 Exciting completion of huge infrastructure projects in Mexico.

06:27 Cancún: metropolitan city with infrastructure improvement.

07:51 Diverse routes needed for Tulum's growth plan.

10:30 Consider your needs and budget when choosing.

13:58 Key aspects of developer stability and funding.

17:06 Location crucial for condo hotel rental experience.

22:45 Oceanfront condo hotel in Puerto Morelos, Mexico.

24:41 Pre-construction financing via wire transfer with terms.

29:46 Inquiring about social and environmental responsibility in development.

33:55 Find licensed, trusted realtors in each area.