Monarch Cancun Makes Financial Sense
Mexico is rated one of the best countries for foreign investment, growing from US$ 17.6 billion in 2005 to US$20 billion in 2006. Business Week recently named Mexico as one of the four countries with the highest growth potential.
Because of the skyrocketing prices of U.S. and European real estate in comparable luxury areas, buying property in Mexico offers a much more affordable option.
For $149,900 US you can buy a lot close to the world's #1 beach destination, Cancun, with its infrastructure and international investments in place. For example, your neighbors are the Ritz Carlton and Ruth's Chris Steak House. What land could you buy in the U.S., Canada or Europe for $149,900, so close to such luxury living?
Here's another comparison. A one-bedroom condo with no amenities in a top beach location begins at $800,000 US.
Monarch Cancun offers you luxury amenities at an accessible price. For a total investment of about $249,900 US ($149,900 for land, plus $100,000 home building costs) you get a three-bedroom Hacienda home, in addition to Monarch's lifestyle concept of community connection, wellness and personal growth.
Real estate in Cancun has experienced a consistent 10-20% annual appreciation. The value of your property will increase as well.
Real estate taxes in Mexico are less than 0.2%, as compared to the typical 2-3% in the United States.
More than one million Americans live in Mexico. An average of four million visitors arrive each year in Cancun. Buying land in Mexico has never been easier for Americans. Major U.S. firms now offer mortgages and title insurance.