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Are you considering investing in presale condos in Tulum or exploring Tulum's new developments but unsure if it's the right decision? In this post, we'll answer all your questions about pre-construction condos in Tulum, helping you understand if this investment aligns with your goals and how you can benefit from investing in real estate market in Tulum.
What is a Tulum Presale Condo?
A presale condo in Tulum refers to a condo that is part of a development that hasn't been completed yet. Developers may offer units while construction is in progress, or even before it begins. In some cases, properties might be fully constructed but not sold yet, falling under the same presale category. Essentially, you're purchasing the unit before its completion, often at a discounted price.
What if the Project Stops or Doesn't Meet Expectations?
It’s natural to be concerned that the final product won’t match the photos or, worse, that the project won’t be completed. However, investing in real estate, especially in a high-demand location like Tulum, is one of the most secure long-term strategies. Additionally, purchasing a presale condo in Tulum can provide numerous advantages for investors ready to take the plunge.
Why Invest in Pre-construction Condos in Tulum?
1. Save more by investing in pre-construction and achieve a higher return on investment
Buying a presale condo in Tulum is an excellent opportunity to access lower prices and explore some of the best areas for Tulum investment. Remember that the presale of a property has several stages, according to the project's progress. If you buy in the first stage, usually during the first few months of presale, you can secure a lower price and achieve a higher return on your real estate investment: investing early allows you to benefit from capital gains as the property's value increases during the construction phase and beyond. As the project nears completion and the surrounding area develops, the value of your condo will appreciate, providing substantial capital gains and a strong return on investment.
Typically, the price of presale condos in Tulum increases by 15% to 25%, providing initial savings for participating in this type of investment. For example, properties in Tulum at 525 Tulum, delivered in 2021, appreciated by 22% in value from the beginning of the presale stage to the project's completion.
To sum it up, while the project is under construction, the area grows, so the condo's value appreciates constantly. Once ready, you can rent it out or sell it at a higher price than you initially paid.
2. Flexible payment methods
Another perk of buying pre-construction condos in Tulum is the flexible payment plans offered by developers. In many cases, these payment schedules are far more attractive than traditional bank loans. Developers often offer interest-free monthly payments that coincide with the construction timeline, allowing you to spread payments out over 12 to 72 months. This makes investing more accessible for buyers who want to avoid large lump-sum payments.
When investing in condos in Tulum at Mayab Tulum you can choose a 17% down payment and spread interest-free monthly payments over 72 months.
You may want to read more about the ways to finance an apartment in Tulum.
3. Greater availability of options
One major advantage of buying presale in Tulum is the ability to pick the best units before they’re gone. When a development finishes, the most desirable units with the best views or features may already be sold. Early buyers often get first dibs on customizing details, such as finishes and materials, ensuring the home meets their needs and style preferences.
In many new construction projects in Tulum, which implement sustainable practices, you can choose the condo's proximity to amenities like gyms or pools, select eco-friendly options like solar panels, and even have input on appliances and other finishes. Sustainable construction brings not only environmental benefits but also economic and social advantages, making it a win for both homeowners and the local community.
4. Lower maintenance costs
Buying a brand-new condo in Tulum means reduced maintenance costs. Everything from furniture to electrical equipment, including refrigerators, stoves, washers, and dryers, is new. Plus, developers typically offer warranties on new equipment and appliances, which can cover potential hidden defects for up to a year.
5. Time to plan and decorate
Purchasing a pre-construction condo gives you ample time to plan and furnish your new home. Whether it's your primary residence or a vacation rental, you'll have the opportunity to personalize your space gradually and consider your new lifestyle—whether that involves exploring Tulum’s laid-back atmosphere or renting it out during high tourist seasons.
Discover all little details that can make a big difference in the profitability of your investment when buying a condo in Tulum.
Is Presale in Tulum the Right Move for You?
In short, investing in presale condos in Tulum offers numerous benefits, including lower prices, higher return on investment, and attractive financing options from developers that often surpass traditional bank loans. These investments in new developments not only allow buyers to buy a property in Tulum at more affordable rates but also benefit from the appreciation in property value as the area develops, making Tulum a lucrative market for a real estate investment.
Finally, one of the most important keys to getting the most out of this type of investment is to contact a reputable developer of real estate in Tulum. The right developer can provide peace of mind that your investment is in good hands, ensuring that your condo will live up to your expectations and deliver the returns you're hoping for.
