Mexico, where in mexico to start investing in realstate

[Fawaz Sabha]

I am in Mexico city now for 3 months as we relocated from houston. Looking to invest in the realstate market. Been researching for long time before the move. Mexico City, Tulum, Merida and Puerto Vallarta are in my list however I do not know which one would be the best to: 

Buy and flip, buy and rent or buy and Arnb? 

What price market should I stay under knowing that Mexico City and Puerto Vallarta are the highest market now? 

Finaly, what areas in the best city should I look in. 

thank you for your inputs. 

[Bruno Demarco Quiroz]

Hi Fawaz. I hope you're doing great.

As a licensed real estate broker in Tulum, I would like to share my opinion on this area with you. If you're planning to invest less than $400-500k USD, the properties you could find within that budget will not stand out in the market, and you'll face high competition in the STR (Short-Term Rental) market. Unfortunately, in recent years, Tulum has been overbuilt in the small properties segment, leading to a huge supply of them. If you are looking to invest over $500k, you might be able to find more unique properties with less competition.

Due to the current market conditions, many owners are deciding to sell, so today it is possible to find properties at great prices. However, it is not easy, as there is no MLS, and most people in this industry will try to sell preconstruction properties at any price.

I hope you find this information useful!