For anyone looking to invest in Mexico real estate and possibly retire in Mexico, we have a great project that we are promoting called Serena Marina & Golf Residences. I have personally been to the project as I will not work with a company without having checked them and their development out, and I found this to be a very well run project with honest sales people (yes, those do exist!).
My partners and I had looked into getting into different Mexican projects and chose Serena for several reasons.
- They are honest and ethical in their business dealings.
- They have done this type of development before, so they have a good reputation.
- They are not a fly by night developer as they are local to the area and known throughout Mazatlan and Mexico.
- They only require a 10% deposit to start and then the rest upon completion, so they are well funded and dont need a draw mortgage (a draw mortgage means that the developer does not have enough money to fund the entire project therefore you and everyone else buying into it are actually paying to have the work completed)
- The project itself is very unique. It is the only project in the Mazatlan Marina that is both on the marina and the golf course. Your views are great, it is a prestigious place to be, and the quality and workmanship is unlike any I have seen before. No, it is not ocean front, but that isnt a bad thing as ocean front properties dont have as good of lifespan due to the saltwater, believe it or not you do get tired of the view, and it is a lot windier.
- The condos are affordable and they offer a rental program when you are not there and will look out for it for a percentage, so this helps you pay your mortgage when you are not using it yourself!
There are many other reasons we chose to represent this project, but those are the key points. If you are interested in this project or other real estate investment opportunities be sure to contact me soon as they are selling quickly!
Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.