Investing in Multifamily Real Estate in Playa del Carmen, a Case Study

Most people typically invest in Airbnb units in Playa del Carmen, but there is a relatively large segment that is practically untouched by foreign investors, which is to invest in local multifamily real estate to rent to locals. In some cases the numbers can be surprisingly good. My realtor Luigi took me to such a property and we ran the exact numbers together.

🇲🇽 More information on Luigi's services: https://thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-buyers-agent-in-tulum-and-playa-del-carmen-mexico/

🇲🇽 Full analysis of the real estate investment market in Playa del Carmen, including which neighbourhoods to focus on: https://thewanderinginvestor.com/international-real-estate/making-a-real-estate-investment-in-playa-del-carmen-decent-diversification-in-mexico/

00:00 Introduction
00:30 Two types of real estate investors in Playa del Carmen
01:35 The investment case for multifamily real estate in Playa del Carmen
02:55 Safety in Playa del Carmen
03:10 Multifamily real estate for sale in Playa del Carmen
07:20 Evicting tenants in Mexico
08:00 No rent control in Mexico
08:55 Tenant interview
12:10 Building an extra floor on the roof
14:30 Exact gross revenue for this multifamily real estate in Playa del Carmen
17:10 Occupancy rate for multifamily real estate in Playa del Carmen
17:50 Property management, cleaning, water, internet, maintenance fees for multifamily real estate in Playa del Carmen
21:37 Rental yield and capitalization rate calculation for multifamily real estate in Playa del Carmen
25:00 Exit strategy

🇲🇽 Get in touch with Luigi: luigi@thewanderinginvestor.com (include your Whatsapp if you use it)

🇲🇽 6 reasons against investing in Cancun: https://thewanderinginvestor.com/international-real-estate/6-reasons-against-a-real-estate-investment-in-cancun/

▬▬▬▬▬▬▬▬▬▬ 🔧TOOLS AND RESOURCES🔧 ▬▬▬▬▬▬▬▬▬▬

🔧 My favourite low-fee brokerage for trading stocks internationally: https://www.interactivebrokers.com/mkt/?src=wanderinginvestory3&url=%2Fen%2Findex.php%3Ff%3D1338

🔧 Get $1000 off Capitalist Exploits' contrarian investment newsletter by using this link: https://capexinsider.com/wandering-investor/?orid=86184

🔧 Data driven Investment Newsletter with very active community. Easy to try for one month: https://marhelm.com/
Use code WANDER to get 20% off

🔧 Great mining stock tips: https://independentspeculator.com/?ref=ladislasmaurice%40gmail.com

▬▬▬▬▬▬▬▬ 🏠FREE INTERNATIONAL REAL ESTATE RESEARCH🏠 ▬▬▬▬▬▬▬

🏠 Check out the bottom of this page for on-the-ground research articles on little-known international markets: https://thewanderinginvestor.com/services/international-real-estate-services/

▬▬▬▬ ✈️INTERNATIONALIZATION AND DIVERSIFICATION CONSULTING✈️▬▬▬▬

✈️ With my Internationalization and Diversification Consulting I help people aim for better yields, get better banking, explore interesting residencies, obtain citizenships, and increase their freedom. https://thewanderinginvestor.com/internationalization-and-diversification-consulting/

✈️ Who is The Wandering Investor? https://thewanderinginvestor.com/about/

▬▬▬▬▬▬▬▬▬▬ 🔑INTERNATIONAL TAX CONSULTING🔑 ▬▬▬▬▬▬▬▬▬▬

🔑 Do you have any international tax questions? Get in touch with my tax experts: https://thewanderinginvestor.com/international-tax-consulting/

▬▬▬▬▬▬▬▬▬▬ ⛰FOLLOW THE WANDERING INVESTOR⛰ ▬▬▬▬▬▬▬▬▬▬

The Wandering Investor travels around the world to explore a World of Opportunities and share his investment research. The goal is to help individuals reach freedom and prosperity through the use of internationalization & diversification strategies.

⛰ Join The Wandering Investor's FREE Private List: https://thewanderinginvestor.com/private-list
⛰ Instagram: https://www.instagram.com/thewanderinginvestor/
⛰ Twitter: https://twitter.com/wander_investor
⛰ Facebook: https://www.facebook.com/thewanderinginvestor/
⛰ Subscribe to the Youtube channel: https://www.youtube.com/channel/UC1EOqi1UVw2Byy8jc-glFMQ?sub_confirmation=1

https://thewanderinginvestor.com

▬▬▬▬▬▬▬▬▬▬ 💵OPEN AN INTERNATIONAL BANK ACCOUNT 💵▬▬▬▬▬▬▬▬▬▬

💵 Remotely open a bank account in PANAMA: https://thewanderinginvestor.com/offshore-banking-for-individuals/the-pros-and-cons-of-opening-a-bank-account-in-panama-as-a-non-resident/
💵 Remotely open a bank account in GEORGIA: https://goodbyematrix.com/remote-bank-account-opening-form/

▬▬▬▬▬▬▬▬▬▬ DISCLAIMER ▬▬▬▬▬▬▬▬▬▬

No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.