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Aura State
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Tulum - Looking to invest in an apartment - Any do's and don'ts?

Aura State
Posted Oct 12 2020, 16:08

Hi everyone,

Very new to investing, but interested in buying an apartment that could generate money through airbnb, in Tulum. Do not have all the money, just a down payment, but could get the rest through a loan or get the financing direct from the developer. I'm thinking of a one bedroom for now. I'm an American permanent resident, soon to be a citizen, so would have to pay taxes here.

Given my situation, any tips on how to get this started (successfully) rather than google for answers? Is it now a good time to invest, are the prices any cheaper given COVID?

I will be in Tulum the whole December (and probably January) month so would like to see some options and talk/connect with the right people.

Thanks so much, really appreciate your help!

Aura

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