Mexico is the United States next door neighbor, but due in part due to the differences in language, culture, economies, and legal systems, is often misunderstood. In addition, the information and guidance available to potential purchasers and investors is often inadequate resulting in a vast source of unrealized opportunities. Recently, Mexico has been plagued with economic crisis, swine flu concerns, and drug trafficking press releases, among other negative news which actually have been continually depressing real estate prices, and opening new opportunities for investors. However, similar to the United States, Mexico is a dynamic country consisting of 31 states (plus the capital, Mexico City), each state having unique cultural, economic, geographic, and social attributes. Therefore, a customized strategy must be employed after analyzing the specific property and its market in order to be able to meet our Clients objectives. Padua Realty principals were originally born in Mexico and collectively have had important experience purchasing, investing, developing, and brokering real estate properties in various regions of the country and are the perfect team to assist in your future successful transactions abroad.
PR can assist in the entire investment process which many think of as quite complex, mainly because it is a different process than in the United States. PR can also assist in market analysis, financing, legal matters, title issues, coordination with consultants and contractors, construction management, property management, and coordinating marketing services as Client needs. PR can effectively work with the following asset classes:
• Land, Lots, Single Family Developments, Communities
• Multi-Family Developments
Click here to see some of Padua Realty’s listings.
US retirees flock south of the border due to favorable climate, safety and low cost of living.
