Purchasing an Investment Property in Tulum MX

[Deisy P.]

Purchasing an investment property in Tulum Quintanaroo Mexico. Hi, all. I am a dual citizen of USA and México. I am flying to Tulum this week to tour some properties. This will be my first time purchasing property there and I am not familiar with what my rights are as a Mexican citizen purchasing and borrowing money from Mexican banks. I've read in other threads on here about a Mexican trust? Would I need one, as a Mexican citizen? I just don't want to end up taken advantage of or be misinformed. Does anyone know what particular area in Tulum is expected to yield some good return? I know some investors may be skeptical for any type of foreign investments due to the pandemic but this is a time of great change, especially in working professionals. A lot of the work can be done from home now. I have reached out to a couple of BP members that are agents in Playa and Tulum for some guidance, but if I can have others input, that would be great too. Thanks.