The current scenario of the economy envisions a complicated scenario for the coming months, with high inflation and few expectations of real growth; however, specialists agree that, despite this context, it may be a good time to make a real estate investment.
voices of real estate indicate that despite the economic context of this 2022, this item could present significant increases, with a growth of 20% throughout this year compared to 2021, driven by the placement of living place.
“We are going to have an excellent year 2022 for real estate due to all the trends that are taking place, we depend a lot on the markets. We cannot say exactly where it will happen, because it will depend on how the economic stabilization is going to take place and how the projects are going to be generated, but we are going to have growth”, commented Florencia Azalea Estrada Lázaro, president of the Mexican Association of Real Estate Professionals (AMPI).
Now, if you think you have enough resources (more than 1 million pesos is recommended) to make a real estate investment during this 2022, here we tell you the most important aspects to consider before finalizing an agreement.
Is it a good time to invest in real estate?
For Karim Goudiaby, founder of the real estate platform Neximo, if a person questions whether or not it is a good time to make an investment in real estate, what they should know is that it is always good to invest in this type of asset.
“In real estate, it is never a bad time to invest, because tomorrow is much more expensive than today and if we look at the history of the Mexican economy, in terms of the real estate sector, we do not see periods of falling prices, so the clients who are looking for a capital gain, they should be investing now as at any time”, Goudiaby said.
For the real estate expert, if an investor captures the feeling of the market, he will be able to generate a greater capital gain on his investment. “The most intelligent investors, who want to take advantage of certain movements in the market, should invest before a higher rise in prices and before increases in interest rates, since effectively the combination of the two could be that the purchase of a 15-year property is more expensive.
According to Goudiaby, the Bank of Mexico has made adjustments to its monetary policy based on the growing inflation of recent months, which during the first 15 days of 2022 grew 7.13%, the highest for a beginning of the year since 2021 , so it could also impact financing, especially for mortgage.
“The banks are going to have to contain this rise in interest rates because they know that it is an important factor in stimulating the market… but at some point they will have to reflect this rise and it is possible that we will leave the territory of mortgage loan rates. below 10%”, highlighted Goudiaby.
What are the reasons to invest?
According to Banco Sabadell, if you have the resources to invest in a property, but you have doubts about making an investment of this nature, you should consider the following reasons to do so:
Generate long-term returns
For the bank, one way to give value to your money over time is with the acquisition of a property. “Select a property that is in a good area (either in a city or province), that is, an area with growth potential in aspects such as: commercial and office developments, schools, stores, squares, among others. This will help you generate returns faster.
You can find real estate at auction price
According to the bank, buy a property that is in presale or auction is a good opportunity because it gives you a preferential price.
Investments with a lower risk
According to Sabadell, investing in a real estate asset may result in less risk compared to investing in stocks on the Stock Exchange or precious metals such as gold or silver, since “property can increase its value in a growth area and with an increase sustained demand.
Already with these reasons, possibly you dare to take the final step; However, keep in mind that you must carry out a thorough investigation to know all the details of the property you wish to acquire, in order to increase your assets and not be detrimental to your finances.
