Buying Property & Real Estate in Mexico - International Living
In 2017, Mexico's real estate market was characterized by a "boom" phase, particularly in infrastructure development and foreign investment. While the year began with some macroeconomic uncertainty regarding interest rates and a weaker peso, these factors actually created a favorable environment for foreign buyers using stronger currencies like the U.S. dollar. buying property in mexico 2017
Puerto Vallarta saw its fastest-growing year for condo sales to date in 2017, with a 30% increase in total properties sold compared to previous years. Buying Property & Real Estate in Mexico -
A major trend was the move from simple "buy-and-sell" asset plays to long-term income generation. Investors increasingly sought properties in mixed-use developments (combining residential with retail) and vacation rentals. buying property in mexico 2017