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Updated almost 2 years ago,

User Stats

4
Posts
2
Votes
Aura State
2
Votes |
4
Posts

Tulum - Looking to invest in an apartment - Any do's and don'ts?

Aura State
Posted

Hi everyone,

Very new to investing, but interested in buying an apartment that could generate money through airbnb, in Tulum. Do not have all the money, just a down payment, but could get the rest through a loan or get the financing direct from the developer. I'm thinking of a one bedroom for now. I'm an American permanent resident, soon to be a citizen, so would have to pay taxes here.

Given my situation, any tips on how to get this started (successfully) rather than google for answers? Is it now a good time to invest, are the prices any cheaper given COVID?

I will be in Tulum the whole December (and probably January) month so would like to see some options and talk/connect with the right people.

Thanks so much, really appreciate your help!

Aura

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