Investing in vacation rentals in Mexico
Yucatan, Mexico sure seems like a little piece of paradise. Places like Tulum and Playa Del Carmen are booming with new developments popping up all over the place.
I am looking at some of the brand new developments over there, and there are many turn key opportunities that guarantee 8%-10% ROI for a fixed term. Seems like not a bad idea to mix an investment opportunity with being able to own a piece of own real estate in a great vacation spot.
Are any of you investing in this type of real estate? What are your thoughts and experiences?