"Son, stocks may rise and fall, utilities and transportation systems may collapse. [But] people...will always need land."
It was the advice given to Lex Luthor by his father, and though Luthor's quite the villain, he does have a point. Despite all the changes in the economy, beachfront real estate remains a very profitable investment.
Unfortunately, finding real estate like that in the U.S. is fast becoming an exercise in futility. Beachfront property in the United States is rarely available and even less affordable, which leaves people seeking to rent rather than to own. However, rentals have their own problems, and could not be considered an investment since you do not own the property.
This problem, among others, has led real estate investors to look outside the country for beachfront property. And one place they're heading is Mexico.
Undiscovered country south of the border
Although tourist areas like Cancun and Cozumel are expensive and heavily populated, locations like Yucatan share some of the beautiful beachfront property without the high tourist population and equally high prices.
Beachfront property in Yucatan is comparatively very affordable, although prices are increasing at a rate of 20 percent to 35 percent a year. Many investors are buying land now to lock in the best prices.
The top three things to consider when investing in a foreign country are the currency, the climate for foreign investment, and general economy and political stability.
Mexico enjoys a growing GDP, good political stability since NAFTA, and the highest level of direct investment in Latin America. These factors make the country very attractive from an investment standpoint. Many U.S. title companies have relocated to Mexico, while other U.S. companies are investing in Mexican real estate.
Affordable and convenient
Yucatan is only a 3-4 hour flight from the U.S., which isn't much different from flying within the U.S. Instead of flying halfway around the world to secure your beachfront property, you're looking a flight that's not much different from flying from Dallas to Chicago.
Many of the services and franchises that we've grown accustomed to are in Yucatan. Both building costs and taxes are lower than what you would pay in the United States. All of this combines to make it a truly great investment for those wanting a second beachfront home.
Make your dream of owning a beachfront home a reality today, and enjoy the security of investment that comes with it. Call International Holdings & Trust at (785) 783-4790 or email them at
info at yucatanviews dot com and get started today.
About the Author
James Greene is the director of marketing for International Holdings & Trust. International Holdings & Trust carries a diverse background in international law, finance, construction, and real estate investment planning for Mexico. They aim to set the bar in Mexican Caribbean beachfront property sales year after year with repeat and referred clients from satisfied customers. Do you need answers to your questions regarding the benefits of foreign real estate ownership in Mexico? Visit them online at
www.yucatanviews.com or call them at (785) 783-4790.
