Cancun
Beachfront Condos start below $130,000 and up to $1,000,000
USD.
Real Estate Investment books note that Cancun and the surrounding
area offer some of the best property values in the world.
In what other world-class city can you find Beachfront studios
starting below $130,000USD and 1-bedroom units under $150,000
USD.
Below are some of the best values in Cancun Beachfront Condos
under $150,000 USD.
Many
people want to know what they can buy in Cancun under $130,0000
USD. You can buy a Beach Front Studio Condo in a resort like
Solymar, Cancun Plaza, Carisa Palma or Blue Bay Marina.
These are entry level properties that are approximately 450-550
square feet. They are often converted hotel rooms with a full
bath, kitchenette, fridge, 2-burner stove, usually 2-queen
beds and a balcony with a view of one the world's most beautiful
beaches. All the properties cater to tourist and have pools
and facilities for laundry, a small store, and guarded parking.
Taxes
are usually below $1000/year and maintenance fees usually
cost less than $250/month. These are not time shares but real
titled property. Please refer to 'buying 101' about typical
closing procedures and associated costs.
The
cheapest new Cancun Beach Front Condo start at $425,000 USD
and are approximately 1,200 square feet. These studio units
are perfect for an owner that doesn't need a large unit. The
costs to maintain these units are very low. On site Property
and Rental Management will generate rental income sufficient
to pay for the overhead and your investment.
Cancun's
real estate is appreciating so fast that many people will
be priced out of the market if they wait. The first property
I bought in 1999 for $48,000 now sells for almost $100,000.
Buy now so you can lock into the cheapest and yet most valuable
real estate in the world. These condos are located on the
same beautiful beach and frequently next door to condos costing
over $500,000 USD. If you do a price comparison of similar
properties in Miami you will find these properties are selling
for 50% less than the Miami Properties.
The overhead, taxes and maintenance fees in Miami are also
2 to 3 times as much. In Cancun you are usually buying at
a 50 discount and getting much more for your money.