While finding cheap real estate is easy, just about everyone knows that if you buy cheap, you'll want to make sure that factors exist making an increase in value very probable. Even if you are not an investor, you want to make sure that there are services available, that you can use the property according to your needs, and that the location is pleasant, and easily accessible.
Considering the main points to look for in low-priced real estate will show that buying cheap Mexico beachfront lots in the state of Campeche is indeed a very good idea, whether for investment or personal use. One development specifically, with lots that have 66 feet of beachfront and cost only $65,000 USD, provides an excellent opportunity. The following points demonstrate the point.
1 – Location
You need to ask yourself, is this property easy to get to, and close to amenities? The lots in Campeche have direct access to the federal highway. They are within 45 minutes of 2 international airports, a beautiful colonial city (also called Campeche), 2 future golf courses, and one marina. In the city of Campeche there are excellent healthcare services and a Walmart, and the surrounding area has many activities, including visiting Mayan pyramids, fishing, sailing and jungle extreme sports. The surrounding areas are beginning to attract beautiful beachfront homes and hotels.
2 – Access to Utilities
These lots come with connections for electricity, water, phone and internet; not all cheap properties do.
3 – Permits for Improvement
Often cheap properties will need some sort of improvement to make them suit your needs; some areas restrict improvements, which is why the properties are cheap. In the case of these Campeche lots, building permits are guaranteed. The cost of building a home of about 1500 sq. ft. will be approx. $100,000 USD more.
4 – economic growth
Campeche is a growing tourism destination in Mexico, promising to join some of the most famous locations within a few years. Campeche real estate is following suit, and high end condos are already being developed and sold for around $500,000 USD. This is a good indication that even more services will come available, and property values will rise.
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