Is This the Right Time to Invest in Mexican Real Estate?
By: Mark Koba
Source: www.cnbc.com
Kathy and Ken Brady were looking to invest some money when their research took them to the town of Tulum on Mexico's Yucatan Peninsula.
The couple, who rent an apartment on New York's Upper East Side, paid about $320,000 of their savings for 2 hectares, or nearly 6 acres.
"We weren't out to buy land, but after talking to a local real estate broker, we decided to do it two years ago," said Kathy Brady, 61, who is about to take her exam to be an alcohol and drug abuse counselor. "He made it easy for us."