In this latest video from Nick Fong, the broker and founder of Ronival Real Estate in Baja California Sur, he’s got some great advice to share! As he does with his Question and Answer video series, he loves to reveal his insight so you will be informed. And as the number-one real estate broker in all of Mexico, he’s truly someone you can trust.
Watch the video to see how you can protect yourself from inflation in 2022. Then, continue reading to learn more real estate advice from Nick Fong himself.
Inflation 2022 – agents and buyers – shore up and ROI
The first question asked by Nick in the video is “what is your inflation plan for 2022?”
Since inflation is has already gone up by seven to ten percent already, and it’s not expected to slow down during 2022, Nick’s insight tells him that real estate must be part of that inflation plan. Real estate prices are already on the increase, which shores that up for property owners. And in most cases, those values are going up much more that inflation itself, which makes for a nice profit and return on investment.
To be specific, real estate values have gone up by 20 to 30 percent. This has been the case in both existing, construction and at the highest increases of all, pre-construction purchases. Therefore, make sure to make that a part of your plan in 2022, to both shore up your money during this inflation, and to gain a great return on investment too.
If you’re a real estate agent, be sure to tell your clients about this. As you can see, this is a wonderful opportunity for those looking to purchase real estate in Baja California Sur, and for investors. Vacation real estate investment pays off well in Baja!
Learn about the developments booming in Baja California Sur
Starting with Los Cabos, which includes Cabo San Lucas and San Jose del Cabo on the south end, to La Ventana and Cerritos, or the magical towns of La Paz and Loreto, Baja California Sur has a huge variety of amazing towns to choose from. And, each town has its own personality. Also, discover Todos Santos on the Pacific!
Now, learn about to buy your new home in Baja California Sur, including all of the great pre-sale construction opportunities around the area.
To begin, discover an amazing development right near the Ronival Real Estate office – in Cabo San Lucas. Previously in his video, Nick Fong simply puts it like this: Quatrovientos. Then, he goes on to explain that this new development located in El Tezal combines great modern design and convenient living in one perfect package. And as you’ll see, Quatrovientos boasts stunning panoramic views to the Sea of Cortez and Land’s End.
Uncover how pre-construction and under-construction developments work
After you’ve been looking through the available real estate inventory in Baja California Sur, like condos, lots, and houses, you may not find the perfect property for you. Therefore, consider pre-construction and under-construction developments.
According to Nick Fong, the number-one answer is to work with a licensed real estate agent with Ronival Real Estate, the top real estate brokerage in Baja Sur and all of Mexico. After that, he says that the number-two answer is when you work with Ronival Real Estate, you need to understand how the process is a bit different from looking at existing properties.
As you’ll see, the main difference between pre-sale construction and existing properties is that you may have to wait a while to take possession. In other words, it may take a year or even a year-and-a-half before it’s ready. Here’s the best part…when you consider that rising values during construction – pre-sale prices are typically priced at a discount. Also, and your property will be brand new. And, the ROI along with your satisfaction will be amazing.
Baja California Sur real estate
Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home. Discover how to purchase your dream home in Baja. Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.
Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!
If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire. Or, call directly at 619-831-2000. Ronival will be happy to answer your questions. You can also schedule a time to show you around this breathtaking location.
Ronival on YouTube
Thank you for reading Uncover Nick Fong’s real estate advice: Inflation plan 2022. Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog. There, learn about the many wonderful aspects of Baja California Sur, Mexico, from blog posts like this.