Within the Playa del Carmen real estate market, one of the most interesting property types is that of land. Because of the fast population growth (it is one of Latin America's fastest growing communities) and increasing demand from North American and European buyers, prices have certainly risen, sometimes making buyers hesitant to go in this direction.
On the other hand, the value of Playa del Carmen land in some areas has risen well over 20% over the past year; this means that there are excellent opportunities for investors.
To ensure that you as a buyer can tap into this potential, it is important to work with a qualified and experienced Playa del Carmen realtor. When choosing your agent, check for these signs to ensure that you are choosing the professional that will best help you find the lot right for your needs:
Qualifications. Does the broker have certificates, degrees and ongoing training to ensure thorough knowledge of processes and markets? Are they a member of professional organizations such as AMPI? If you're not sure, ask. If they've learned it “on the go" or from only experience, consider this – would you trust a dentist who didn't have some sort of certification?
Experience in real estate. Of course, after professional training and updating, years of experience gives a broker the case by case experience to know how to apply their knowledge in a variety of new situations. Your Playa del Carmen land may be a fairly unique transaction (or it could be a fairly usual purchase such as a golf course lot), so experience backed by qualifications can ensure that it is carried out safely.
Knowledge of the area. If your agent has training and years of work in California, this may not help in knowing which areas in Playa del Carmen are ideal for land. Both professional and personal experience in the area will give the agent a very good feel of where to look for what you need.
Also, when you begin working with your agent, watch for the following, positive signs:
Variety of options. If an agent presents only one lot, they may not be considering your needs very carefully, or have done their research of what's available. It's normal for good agents to give heavier weight to the one they feel suits your needs the best, but they will always present other options, describing the pros and cons of each one, so you can make the final decision, informed.
Provide accurate information, quickly. How long does your agent take to respond? Even if an agent sends a quick, immediate message to say “I don't know, but I'll find out by the end of the day, " this means they are acknowledging your need and moving immediately to find the information you need; it also means that they are putting in the effort to research instead of just giving an answer to keep you happy. But if you wait half a week for the first response to your request for info, maybe you should find another agent in the mean time.
This may sound like a lot to consider and work with even before you start looking carefully at your lots, but it will be worth the time; in the end it could end up saving you time lost through looking at properties that aren't right for you or waiting a long time for info. It will also keep your money safe, knowing that the lot you are buying will be the right investment option.
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