For the last fifteen years buying real estate within Baja California, Mexico, for residential or business purposes, has been an attractive activity. Potential Buyers looking forward to retirement, investment income, or vacation homes, are welcomed and encouraged by the Mexican Tourism Board. Our experts can assist sellers in understanding seasonal market strategies to determine selling price, upgrades, and advertising opportunities.
Selling property in this seasonal market can be affected by numerous outside influences beyond any sellers control. Your goal will be accomplished if you keep several issues in mind, including necessary repairs or upgrades and a selling price that will be attractive to prospective buyers.
Though US and Canadian markets affect the Mexican economy to some degree, the sub-prime difficulties that previously affected the United States’ Market are having primarily indirect and muted effect on foreign investors coming into Mexico. In addition, 2017 and 2018 have seen a dramatic increase in tourism, and, therefore, buyers coming into the area.
In 2017, tourism increased 21% over 2016.