Investing in Tulum, Mexico
This would clearly be a very risky move, but has anyone considered buying a vacation rental in a vacation based rental market such a Tulum, Mexico?
Unlike certain sub markets in the US that are very hot right now due to low inventory and high demand, I feel somewhere like Tulum may offer deals that cannot easily be found here in the states (or at least where I am in Annapolis, MD).
I’ve done some quick research and there are most definitely discounts to be found... the question is, when will tourism return to normal? Could be months, could be years...
Full Disclosure - I love Tulum and would love an excuse to own a condo there to visit.