NET Real Estate by Cynnamon

Especially for investor pricing developments and land lots, many of our clients are interested in buying and selling to make a quick return on their investment by "flipping" the property or land. If you are not a Mexican national or you don't have residency here in Mexico, there are a few things to consider including the "capital gains tax".

For instance, I have an Austiran client that wants to invest in Nah in Playa Del Carmen, which is offering a 1 bedroom for as low as $69K. The pricing is this low because it is pre-construction and the residential neighborhood is tucked away from the beach about 10 minutes. This neighborhood has not been built up yet but is the next up-and-coming area's of Playa. So as an investor, if you can invest now at this low cost, you can make a lot of money in a few ways. If you wait until construction is done, you can flip the property and you'd probably be able to sell it for closer to $100K. If you wait a few years when this neighborhood has been built up the way it is projected to, you can make even more! But of course, in the mean-time you can rent it out to vacationers and make between an 8%-13% return on your investment per year by simply using it as a vacation rental.

Read more to learn about what these taxes and fees so you can be better equipped to buy and sell in this way!

The Costs and Taxes of Selling Property in Mexico When you sell your Mexican property, there are some selling costs and taxes you need to account for, and pay