So you’ve fallen in love with the idea of owning your own vacation home in Tulum Quintana Roo, Mexico? Or maybe you love the idea of buying a house in Tulum, Mexico for you and your family.
Well, I have some good news for you. Because Non-Mexicans and other foreigners can buy their own Tulum vacation property or Tulum house. And buying a house in Tulum can be a great investment and rewarding for your lifestyle.
Before you get too carried away. We’ve made buying your Tulum property as a foreigner easy. Just follow the 5 steps we’ve outlined below.
Here are the 5 Steps to Buying a property in Tulum or buying a vacation home as a foreigner.
1. Decide: For Personal use or Invest – or both?
The first thing you need to consider is if you are buying for your own personal use or for investment. You can have the best of both worlds. Meaning you can use your vacation home and rent your property to help cover some of the costs.
Secluded home in Tulum may be what you want for you and your family. But if you are buying for investment purposes then vacation renters may want a place not secluded. Instead, vacationers may be looking for a place with amenities near local sights or attractions.
It’s important you decide what you want from your Tulum property. If you buy it for your own personal use, then you can always decide further in time if you want to rent it out as a Tulum vacation rental or keep it for you and your family. Tulum house rentals can make a good income. You can enjoy capital gains anyway, as property prices rise steadily in Tulum Mexico.
2) Research Tulum neighborhoods and areas
Decide on the area or neighborhood where you want your vacation home to be. Consider areas that are accessible or secure. Explore places you have lived or visited in the past. If you are buying a house in Tulum, it’s easier when you have some local knowledge. Ask our real estate agent to help you for free. Research Tulum neighborhoods and considering the pros and cons of each.
Explore these Trending Tulum neighborhoods:
3) Contact a Real Estate Agent & get local listings
Finding your Tulum property can be very tricky. In fact, the Tulum market can be very hard to navigate. With so many different areas, projects and developments make it quite overwhelming.
It is best to work with a local real estate agent in Tulum. Contact a Tulum real estate agent who knows Tulum real estate very well. Ask them to send you Tulum property listings.
And whenever you talk with them on the phone, ask questions about buying a house in Tulum as a foreigner. Get the inside knowledge on the best real estate to invest in, in Tulum.
A Tulum real estate agent is essential to your success. Their local knowledge is vital to your research and decision-making.
As the buyer using the services of a real estate agent is a free full service. From finding to closing on your property. You do not pay any agent fees as the buyer.
Who pays the commission and fees of a real estate agent in Mexico?
In Mexico, the sellers pay the fee. You as the buyer can feel at ease knowing that our real estate agents are here to represent you and make sure you get the best property for the right price safely and securely.
You won’t find all the available listings in the Tulum market. However, if you use the service of our real estate agents then have access to all available Tulum listings including off-the-market properties you would normally miss.
With the help of a Tulum Real Estate agent, you will find properties that will meet your preferences.
We’ve made it easy for you to start looking for your dream property in Tulum now. Just apply to get any of the listings below and you will be sent listing personally by a dedicated real estate agent.
Get these Tulum Real Estate Listings:
4) Schedule a time to see Vacation Rentals/Homes in Tulum
Schedule time to see some properties in Tulum Mexico with our real estate agent. Meet with your Tulum real estate agent in Tulum. Visit all potential properties in your budget. Use your own gut instinct. Check structural integrity and examine amenities.
Are you in Tulum or planning a trip soon? Click here to ask us to show you some Tulum properties (no obligation).
Are you wondering what you should ask your Tulum Real Estate Agent? Read about the 5 Things a Tulum Real Estate Agent can do for you (And what to ask them).
5) Make an Offer to Buy your home in Tulum
Outline your budget for purchasing your Tulum vacation home. Include insurance, legal costs, notary fee, and translation fees (if needed).
Meet with your local lawyer. Consult with a lawyer and real estate agent before you put in a bid on any property in Tulum.
Ask your lawyer and real estate agent to brief you on the home-buying process in Mexico.
Have a lawyer check the title and any legal permissions associated with the property. Request an independent translation of all documents even if signed.
Make an offer on your Vacation Rental in Tulum with your real estate agent. Sort and negotiate financing on your Vacation Rental in Tulum.
Do you need help looking for your ideal Tulum vacation home? Would you like to see some listings? Click here to contact us today and we will help you.
If you’d like to view some Tulum listings, click the links below:
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