Check out this latest episode of The Nick Fong PODCAST, where Nick meets with Scott Purcell to explain the advantages and disadvantages of buying a pre-construction home in Baja Sur. As you’ll see, this is an amazing way to lock in a lower price on a luxury condo in Baja Sur and Nick Fong with Scott Purcell reveal exactly how to do that.
Founded and run by Nick Fong himself, Ronival Real Estate provides a team dedicated exclusively to new developments. As such, Scott Purcell, the director of this division, talks you through all the advantages of buying a pre-construction home in one of Ronival’s amazing projects.
Keep reading to understand the advantages and disadvantages of buying a pre-construction Baja Sur home.
Pros and cons to purchasing pre-construction developments
An important item to look for with a development under construction is that it is on the move. To explain, it’s important that there are people on the construction site making progress. Also, who is the developer? If the developer has a strong reputation, you will be confident that the project will complete on time and at the highest standards.
As mentioned, developments that are being constructed allow you to purchase early at a lower price. That means, while the project is being completed, the value is constantly rising. By the time you move in, the value will be higher, sometimes much higher, than your purchase price. And the earlier you buy, the lower the purchase price.
Are there disadvantages? Of course, and that’s why we tell you which are the red flags you should pay attention to before investing your money. At Ronival Real Estate, we ensure that the developers have great reputations and that the contracts they use protect you just as much as they protect them – they are well balanced.
Ronival’s Development Manager Scott Purcell’s perspective
Now that Ronival’s MLS inventory is about 33% new construction, mostly from new developments in Baja Sur, Scott Purcell’s position is very important. That’s why Nick is meeting with him in this episode of The Nick Fong PODCAST. Together, they discuss how it’s going right now regarding the many projects providing condos and penthouses in the market.
Right now, other real estate inventory is quite low. As such, these new developments are meeting the needs of those who want to buy real estate in Los Cabos and throughout Baja Sur. In fact, these development projects currently under construction allow buyers to gain equity early, and at a lower price.
Now imagine living in La Paz, Loreto, La Paz, San Jose del Cabo or Cabo San Lucas in developments designed with your quality of life in mind? In developments such as Vistamar, Cenit Los Cabos, Rivieri Pueblo Mediterraneo, Laiva, where there is only one beautiful penthouse available, Mantarraya Residences, Monteluna, or Cuatrovientos, that is now a reality.
Every one of these developments have amazing amenities, incredible locations and, above all, the backing of developers and builders with many years of experience. At Ronival Real Estate, our team is dedicated exclusively to new developments. Our director of this division, Scott Purcell, discusses all the advantages of buying a new home in one of these projects in the video.
Listen to the full episode on
Apple
https://bit.ly/3FDjNjT
Spotify
https://spoti.fi/3BnFKRn
Amazon Music
https://amzn.to/3Y9AUkv
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
See Nick Fong in action on his Ronival YouTube Channel. Find his videos on the Rovival VLOG, where you can read a short, yet in-depth post. Below is an example of one of Nick Fong’s Ronival videos:
Thank you for reading Uncover the pros and cons of buying a pre-construction home in Baja Sur. 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.