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Who are we ?
Meet Our Experts: Pierre and Benjamin
When you choose us, you’re not just choosing a real estate agency – you’re choosing a team dedicated to your satisfaction. Let us introduce you to the dynamic duo leading the way: Pierre and Benjamin.
Pierre: Your Marketing Expert With a passion for all things marketing, Pierre is committed to showcasing your property in the best light possible. Through creative strategies and a keen understanding of the local market, he ensures that your property receives the attention it deserves. Whether it’s a cozy apartment or a sprawling villa, Pierre’s expertise will help your property stand out in the crowd.
Benjamin: Your Experienced Realtor Benjamin brings a wealth of experience and local insight to the table. His deep knowledge of the Puerto Escondido area and its real estate landscape allows him to match you with the perfect property that meets your needs and desires. From cozy beachside condos to spacious lands with endless possibilities, Benjamin is your go-to realtor for finding that hidden gem.
Why choose us ?
Personalized Service: We understand that every buyer and seller is unique. That’s why we tailor our approach to match your specific goals and preferences, ensuring a personalized experience from start to finish.
Local Expertise: Our team knows Puerto Escondido like the back of our hands. From the best beaches to the most charming neighborhoods, we provide insights that only locals can offer.
Diverse Property Portfolio: Whether you’re looking for a tranquil retreat, an investment opportunity, or a forever home, our extensive range of properties has something for everyone.
Smooth Transactions: Navigating the real estate process can be complex, but we’re here to simplify it. We guide you through every step, ensuring a seamless and stress-free transaction.
Passion for Success: We’re not just here to buy or sell properties – we’re here to make your dreams come true. Your success is our greatest achievement.
Community Connection: As proud members of the Puerto Escondido community, we value building lasting relationships with our clients. We’re here not only for this transaction, but for your future real estate endeavors as well.
Ready to embark on your Puerto Escondido real estate adventure? Let Pierre and Benjamin be your guides. Reach out to us today, and let’s start turning your property dreams into reality!
How is the Real Estate market in Puerto Escondido in 2023?
If you’re considering investing in property in this beautiful region of Mexico, you’ve come to the right place. In this comprehensive market overview, we will delve into the key aspects of the real estate market in Puerto Escondido Oaxaca, providing you with valuable insights and expert advice. So let’s get started!
Puerto Escondido Oaxaca is a stunning coastal town located in the state of Oaxaca, Mexico. Known for its breathtaking beaches, vibrant culture, and rich history, Puerto Escondido Oaxaca has become a sought-after destination for real estate investment. Whether you’re looking for a vacation home, a retirement retreat, or a profitable rental property, the market in Puerto Escondido Oaxaca offers a wide range of opportunities to suit your needs.
The Growth of Puerto Escondido Real Estate Market
Over the past decade, the real estate market in Puerto Escondido Oaxaca has experienced significant growth. This can be attributed to several factors, including the town’s increasing popularity among tourists, its strategic location, and the development of modern infrastructure. As a result, property values have been steadily rising, making it an attractive market for both buyers and sellers.
Factors Driving the Real Estate Market in Puerto Escondido Oaxaca
1. Natural Beauty and Tourist Appeal
One of the primary factors driving the real estate market in Puerto Escondido Oaxaca is its natural beauty and tourist appeal. The town boasts stunning beaches with crystal-clear waters, perfect for surfing and other water activities. The area also offers a diverse range of attractions, including national parks, ecological reserves, and vibrant local markets. This combination of natural beauty and tourist appeal has made Puerto Escondido Oaxaca a highly desirable destination for real estate investment.
2. Affordable Property Prices
Another significant factor contributing to the growth of the real estate market in Puerto Escondido Oaxaca is the affordability of property prices. Compared to other popular coastal towns in Mexico, such as Cancun or Playa del Carmen, Puerto Escondido Oaxaca offers more affordable options. This affordability has attracted investors and individuals looking for affordable vacation homes or retirement properties in a stunning beachside location.
3. Infrastructure Development
In recent years, Puerto Escondido Oaxaca has witnessed substantial infrastructure development, which has positively impacted the real estate market. Improved road networks, upgraded utilities, and the expansion of amenities and services have made the town more accessible and convenient for residents and visitors alike. As the infrastructure continues to improve, the demand for real estate in Puerto Escondido Oaxaca is expected to rise further.
FAQs (Frequently Asked Questions)
1. What types of properties are available in Puerto Escondido?
In the Puerto Escondido Oaxaca real estate market, you can find a diverse range of properties to suit different preferences and budgets. These include beachfront villas, condominiums, townhouses, residential lots, and commercial properties. Whether you’re looking for a luxurious retreat or a modest investment property, there are options available to fulfill your requirements.
2. Are there any restrictions for foreigners buying property in Puerto Escondido Oaxaca?
There are certain restrictions that apply to foreigners interested in buying property on the coast. The Mexican Constitution establishes a restricted zone, which includes areas within 50 kilometers (about 31 miles) from the coastline or 100 kilometers (about 62 miles) from the borders. Within this restricted zone, foreigners are generally not allowed to directly acquire or own land. However, there are legal mechanisms that can be used to bypass these restrictions, such as setting up a trust known as a “fideicomiso” or forming a Mexican corporation. These options enable foreigners to effectively hold and control coastal properties, while complying with Mexican laws and regulations. It is advisable to consult with a knowledgeable attorney or real estate professional to navigate the specific requirements and procedures involved in acquiring coastal property as a foreigner in Mexico.
3. What are the popular neighborhoods for real estate investment?
Puerto Escondido Oaxaca offers a variety of neighborhoods that cater to different preferences and lifestyles. Some of the popular neighborhoods for real estate investment include:
Zicatela: Known for its vibrant surf culture and lively atmosphere, Zicatela is a popular choice for those seeking a beachfront property close to restaurants, bars, and surf spots.
La Punta: Located at the southern tip of Puerto Escondido, La Punta offers a more relaxed and tranquil setting. It’s known for its beautiful beaches and stunning views, making it an ideal location for luxury homes and vacation rentals.
Rinconada: Situated between Zicatela and the town center, Rinconada is a charming neighborhood with a mix of residential and commercial properties. It offers a laid-back vibe and easy access to amenities.
Carrizalillo: This neighborhood is known for its picturesque beach, Playa Carrizalillo, and its surrounding cliffs. It’s a popular choice for those seeking a quieter and more secluded location.
4. What are the average property prices in Puerto Escondido?
As of July 2023, property prices in Puerto Escondido, Oaxaca can vary based on several factors, including location, property type, size, and amenities. Here is an overview of the average price range for different types of properties in Puerto Escondido:
Beachfront Villas: The average price for a beachfront villa in Puerto Escondido can range from $200,000 USD to $1,000,000 USD. The actual price will depend on factors such as the specific location along the beach, the size of the villa, the quality of construction, and the amenities offered.
Condominiums and Townhouses: If you’re looking for a condominium or townhouse in Puerto Escondido, the average price range is approximately $100,000 USD to $300,000 USD. The price will depend on factors such as the location, size, condition, and additional features like swimming pools or ocean views.
Residential Lots: Puerto Escondido also offers residential lots for development. The prices for these lots can vary significantly depending on the location and size of the plot. It’s difficult to provide an average price range as it can vary greatly. Generally the prices start at around $40,000 USD.
Keep in mind that these prices are just averages, and there can be properties available at higher or lower prices depending on various factors. It’s always advisable to research the current market conditions, consult with local real estate professionals, and thoroughly evaluate any property before making a purchase decision.
5. Can I generate rental income from my property in Puerto Escondido?
Yes, Puerto Escondido in Oaxaca, Mexico offers great potential for rental income for property owners. The town has gained popularity as a tourist destination, attracting visitors year-round. The high demand for vacation rentals, especially beachfront properties, creates a favorable environment for property owners to generate rental income from their investments. Many owners have successfully capitalized on this opportunity.
To maximize your rental income, it is advisable to work with a reputable property management company. They can assist you in effectively marketing your rental property and handling the day-to-day management tasks. A property management company can help with tasks such as advertising, guest communication, check-in and check-out procedures, cleaning and maintenance services, and handling guest inquiries and issues.
By partnering with a reliable property management company, you can ensure that your rental property is well-maintained, attractively presented, and consistently marketed to potential guests. This can significantly enhance your chances of securing bookings and maximizing your rental income potential in Puerto Escondido.
6. What should I consider before investing in real estate in Puerto Escondido?
Before investing in real estate in Puerto Escondido Oaxaca, it’s essential to consider the following factors:
Location: Research different neighborhoods and choose a location that aligns with your lifestyle and investment goals.
Budget: Determine your budget and explore properties within that range. Consider additional costs such as property taxes, maintenance, and property management fees.
Property Inspection: Conduct a thorough inspection of the property to ensure there are no structural issues or other concerns that could affect its value or rental potential.
Legal Assistance: Engage the services of a local real estate attorney who can assist with the legal aspects of the transaction and ensure a smooth and secure purchase.
Market Trends: Stay informed about the real estate market in Puerto Escondido Oaxaca, including price trends, rental demand, and future development plans. This information will help you make informed investment decisions.
Puerto Escondido Oaxaca presents a captivating and promising real estate market for investors and individuals in search of a stunning coastal property in Mexico. The town’s natural allure, appeal to tourists, affordability, and ongoing infrastructure development have established it as a sought-after destination for both local and international buyers.
The wide range of property options and the potential for generating rental income contribute to its appeal as an attractive investment opportunity.
When contemplating real estate investments in Puerto Escondido Oaxaca, it is crucial to conduct comprehensive research, collaborate with knowledgeable professionals, and thoroughly assess your investment objectives and financial plan. By doing so, you can make well-informed decisions and optimize the potential returns on your investment.
Whether you desire a dream vacation home, a tranquil retirement retreat, or a lucrative rental property, Puerto Escondido Oaxaca has something to offer. Its breathtaking beaches, vibrant culture, and expanding infrastructure make it an enticing choice for real estate investment.
Therefore, seize the opportunity to become part of this thriving market. Explore the available options, seek advice from experts, and leave your mark in Puerto Escondido Oaxaca’s real estate market!