We bought a house in Playa del Carmen, Mexico!

My realtor Luigi and I bought a house together in Playa del Carmen. We show the house, explain why we bought it, and the ROI we expect from it. Such deals are extremely hard to find and are not fully representative of the market.

00:00 Introduction
00:45 Why invest in Playa del Carmen?
02:30 Investment house viewing in Playa del Carmen
06:00 Renovation costs in Playa del Carmen
06:45 ROI figures and cap rate for house in Playa del Carmen
14:20 Adding a floor to a building in Playa del Carmen

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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.

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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.

[GoTocco]

Welcome to Playa. I moved here 20 years ago and love it. Viva Mexico!!!

[troycopeland]

you guys are making me want to move the Playa now...great info!! thanks for sharing!1

[adventurefreaksss]

Good work on this video fellas. Playa del Carmen is a wonderful place!!

[williamdunn]

awesome! Would be awesome to see a video of it after renovation

[jgm]

Great deal and great project. Thank you for sharing all your numbers and for the visit

[NNNjeri]

I am soo happy to have come across your channel, I can´t wait to see the apartments after being renovated.

[MindsetAlchemy]

We go to Playa every summer and it is awesome! I'm considering buying a unit in Playa or maybe even Tulum. Tulum has 1.5 units available, where it has a full apartment and patio plus a second smaller unit that has separate entrance and sometimes its own patio! Like a mother in law suite.

[AllentheBeloved]

Hope to see a before and after video on this. Hope it works out for you guys!

[andrescv]

250k for a house in Playa del Carmen is not bad. The return is good also, because in 10 years that property will be more expensive. The best is that you own the land, in the future you can make a modern building/house.

[LooseSmile]

Great investment. I do believe prices there are going to go up in the upcoming years. Nice...

[garrettmgunderson]

I was recommended your channel a few days ago, I've watched quite a few videos since. I own some rentals in the US, and LOVE your videos, thanks for making them! The video quality is high and more importantly it is chalk full of content. Your analytical style and thesis about keeping in good areas, liquid markets and price points, makes achieving your goals a lot more likely thank failing or losing capital.

Do you have any advice for someone who is interested in this kind of thing but has a family? Traveling a lot is difficult with little ones.

[milo-vs-zy]

How many parties…;)Nice place really, very good deal, hope everything will go well. Brave you are 😊. Bravo! Thanks for sharing.

[sherricobus-exprealtybrokerage]

Very exciting! Congratulations! So you know, you have to show the final product, right?! ;)

[realsamuelhawley]

Congrats on a great deal, Ladislas! Very tempting!

[inspirehardware]

great project, and love the cat!!! You guys better keep him....

[Trent_Travels]

Good shit bro. We met at Bar Loco in playa a few months back. Keep it up.

[Tsavo]

Wow, great video and information. I'll retire next year and seel one of my houses in Dallas. I'd like to invest some of those proceeds in something just like this.

[sup]

Great deal I'm very happy for you.

[AntonioR]

It is good for foreign people coming to Mexico en make that kind of investment which affect the local people. It is something and hope soon the goverment can control and those properties do not become expensive for locals. We are waiting for mexican lawmakers to fix thaf and hope soon.

[NoName]

No matter how good you think you know each other its always best to buy alone. I wouldn't ever want a partner no way because things always go sour in the end. Business is a cut throat world.