Do you think you can’t afford to retire on the waterfront? If so, consider this; the Riviera Maya, the stretch of beautiful beachfront communities starting in Cancun, passing Playa del Carmen and finally reaching Tulum, offers many properties for sale of all types, sizes, shapes and prices. As well as falling into different budgets, many have the potential to be used for income purposes or, with time and planning, can be acquired at a much lower price than expected, helping you to prepare for a comfortable retirement.
One of the best ways to prepare for retirement is to buy a property that can be used as a vacation home and rent it out to tourists when not in use, providing income. Cancun Real Estate and Playa del Carmen Real Estate include condos and villas that are in high demand among vacationers. It has already been proven to be a financially sound option to invest in this way. Property management companies make it easy for buyers planning for retirement to rent out their future home. This rental income can balance property expenses and provide additional savings. This option is ideal for those who currently have a little more funds, but want to see them go as far as possible.
Another way to plan for a financially sound retirement is to purchase land. While Cancun and Playa del Carmen offer excellent land options, Tulum Real Estate, in particular, currently offers many options for buying land, at relatively accessible prices. It’s especially a great option if you’re buying with the time to build your dream home near one of the most beautiful beaches in the world during the years you’re preparing for retirement. This is a great idea if you have a clear idea of the style you would like for your home and want to invest in stages.
Another option is the “top fixer”. A Playa del Carmen or Tulum home in poor condition can often be purchased for considerably less than the typical market value for the area. With time, dedication, and a small amount of spare cash, the good “top repairman” can be converted into the perfect beachfront home. If you’re a do-it-yourselfer who likes to save money and see great results in the end, this is the choice for you.
Each of these options will allow you to own an excellent property in the Riviera Maya at a cost considerably less than you might expect; the property can be fully paid for and ready to enjoy and relax upon retirement.
You can determine which option best suits your financial situation, the time you have available and the type of property you would like to have for your retirement. Research the MLS listing web pages, then contact an experienced and reliable broker to help you research and complete the process of buying that home idea for your beach retreat.