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

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/serv... 🇲🇽 Full analysis of the real estate investment market in Playa del Carmen, including which neighbourhoods to focus on: https://thewanderinginvestor.com/inte... 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 🇲🇽 6 reasons against investing in Cancun: https://thewanderinginvestor.com/inte... 🇲🇽 Tulum real estate market analysis: https://thewanderinginvestor.com/inte... 🇲🇽 Playlist on Mexico:    • Investing and Living in Mexico   🇲🇽 Subscribe to the Youtube channel:    / @thewanderinginvestor   🛠 TOOLS AND RESOURCES 🛠 📕 Free Ebook "12 mistakes to avoid when investing in International Real Estate": https://thewanderinginvestor.com/ 📈 My favorite low-fee brokerage for trading stocks internationally: https://www.interactivebrokers.com/mk... 💰 Get $1000 off Capitalist Exploits' contrarian investment newsletter: https://capitalistexploits.at/wanderi... ⛑️ 5 mistakes to avoid when buying international health insurance: https://thewanderinginvestor.com/5-mi... 🇸🇬 Discounted Offshore Gold and Storage in Singapore: https://thewanderinginvestor.com/serv... 🏠 INTERNATIONAL REAL ESTATE RESEARCH 🏠 🏠 On-the-ground research on little-known international real estate markets: https://thewanderinginvestor.com/cate... 🌍 PLAN B AFRICAN PASSPORTS 🌍 Get an African passport delivered to your doorstep in 3 months. We are licensed agents. 🇸🇹 From $90,000 Sao Tome citizenship: https://thewanderinginvestor.com/serv... 🇸🇱 From $100,000 Sierra Leone citizenship: https://thewanderinginvestor.com/serv... ✈️ RESIDENCY AND CITIZENSHIP SOLUTIONS ✈️ ✈️ Obtain a second residency or citizenship: https://thewanderinginvestor.com/cate... ☎️ CONSULTING ☎️ ☎️ Book a call with me: https://thewanderinginvestor.com/inte... 👋 SOCIALS & EVENTS 👋 Join our free mailing list "Notes from the Road": https://thewanderinginvestor.com/priv... We host live events all over the world: https://thewanderinginvestor.com/events Telegram: https://t.me/thewanderinginvestor Instagram:   / thewanderinginvestor   X:   / wander_investor   Linkedin:   / the-wandering-investor   Facebook:   / thewanderinginvestor   ▬▬▬▬▬▬▬▬▬▬ 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.