Grupo Select – Page 6 – Rental of vacation apartments in the Mayan Riviera

Tips to increase the reservations of your property

The pandemic has devastated the economy, mainly in the hotel industry. However, some accommodations have managed to survive and even grow. How is it possible?

Digitization
Your rental property or hotel must be at the level of the digital market. Currently most reservations happen on the Internet, mainly on mobile devices.
E-commerce strategies
In addition to having good material and digital promotion tools. It is very important to follow a digital commerce strategy. It is advisable to hire a specialized company to start generating income as soon as possible and without fail, remember that the world of e-commerce is an encyclopedia. Contact Grupo Select experts to expose your property on the most efficient sites on the Internet.
Long term rentals
Reinventing hotel and vacation rental properties as long business stays or for well-known digital nomads.

If you are the owner of a hotel or rental property, we invite you to contact Grupo Select experts who will monetize your investment without interrupting your daily life.

Make money with your property!

Contact:

Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cell. (+52) 984 163 6343.

Tips to invest in Real Estate without regret in the attempt

Investing in real estate is the best way to take care of your money. However, you have to be very careful so that your investment gives you good results. Grupo Select advice you to consider these factors before you get a property:

Location and connectivity
The development where you acquire your property must be in a safe area, with all infrastructure services and near means of transports.

Capital gain
There are many external factors that influence the increase the value of your property such as: shopping malls, schools, hospitals, connectivity, etc. Make sure that the area will evolve correctly.

Real Estate Company
Approach to a real estate agency with an excellent reputation when acquiring your property, since they are the ones who have knowledge of the area and will be able to advise you on your best option where you want to invest.

Rent or live
Think about the objective of your investment. It may be more convenient for you to acquire a house in a residential area with the best amenities for your family, but if you are thinking of renting it, it may be more convenient for you to look for an apartment in a tourist destination such as Tulum or Playa del Carmen.

Now that you know how to invest for a better economic future, keep in mind that you must keep your property in excellent condition, so you can monetize it and start enjoying the benefits.

In the Riviera Maya, Grupo Select‘s team of experts will help you to keep your property impeccable and keep it rented. Come to us and forget about the complications of maintaining your property.

Contact:

Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cell. (+52) 984 163 6343.

Mexico is an oasis for international tourists after the pandemic

The World Tourism Organization named 2020 “The worst year in the history of tourism.” But Mexico only suffered a 45% impact according to the Mexican Ministry of Tourism. One of the main factors by which Mexico was able to save tourism was because the authorities kept open air spaces, in addition to having tourist attractions that make it one of the most visited countries in the world.

Thousands of international tourists -especially from the United States- have seen in Mexico a kind of oasis to travel in the pandemic thanks to its almost non-existent restrictions due to coronavirus to enter the country.

It is estimated that 2022 will be the year of tourism recovery. That is why Grupo Select recommends that if you own a property in Playa del Carmen you should use it as vacation rental. The tourism demand in this destination is constant all the year and it is a very good idea to prepare for the tourism recovery that is expected for next year and enjoy great extra income.

Managing a vacation rental property can be very complicated. Trust your property to the experts and forget about the work involved in keeping it rented and in good condition.

Grupo Select, experts in rents and real estate administration.

Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cel. (+52) 984 163 6343.

What to do with problematic renters

Your property and the coexistence that surrounds it can be affected by a renter who does not respect the rules. The community of neighbors can demand the owner, who has the obligation to mediate the situation, sometimes with a Lawyer help.

Grupo Select, the experts in real estate management, recommend these 3 steps to deal with conflictive tenants:

Speak up and try to make the renter understand the situation.
Sometimes you don’t need anything more than dialogue. Maybe renters may not even have noticed their behavior.
This conversation will solve the problem. However, if the conflict continues. Follow the next step:
Delivery of a warning letter.
In this kind message you should inform the renter about the situation. You will narrate the actions that are damaging your property and you will warn them that, if they do not stop, you will take legal measures.
Judicial complaint.
Take it as the last choice, because it will be a process that requires time, energy and generates more tension with the conflictive tenant. Hire a good lawyer for this step.

Renting your property can be a challenge. Trust in Grupo Select to manage and monetize it for you.

Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cel. (+52) 984 163 6343.

Increase your reservations by supporting local commerce

Associating your vacation rental property with local businesses will give more visibility and you will be supporting the local economy. We are talking about offering to your guests the services and products of the area. With this you will get:

Improved visibility in the market

By making agreements with local merchants, you will extend the presence of your property in the market, attracting the attention of their clients, suppliers, family, friends… That is, FREE advertising!!!

Increase reservations

By increasing the visibility of your property, you will consequently receive more reservations. Also you will generate good reviews by offering your guests unique experiences.

Improve the guest experience

Guests don’t always have a vacation plan. That is why providing them the services they need the most with trusted providers will benefit their experience and bring you good reviews.

Generate extra income

Make agreements with local businesses where you can get a commission for offering their products or services. Everybody wins!

Trust your property to the experts and forget about the work that is involved in keeping it rented and in good condition.
Grupo Select, experts in rents and real estate administration.

**Contact:**
Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cell. (+52) 984 163 6343.

Guarantee the security within your vacation rental property

Every owner must ensure the safety of guests and property when is in use. In addition to the mandatory vacation rental contract, also keep in mind the following tips that Grupo Select has thought of to avoid bad times:

Write a regulation and post it in a visible place, also send it to the guest in advance.

Maintain constant communication with your guests. Remember that, in all relationships, communication is the key.

Install smoke detectors and fire extinguishers.

Keys always secure in a “Key Box” or better install a code lock. Click here to see the best options.

Get a insurance for your property. Click here to learn more about the topic.

Minimize the risks within your property by installing security elements where necessary: such as anti-skid, railings.

Check that the electrical and gas installations are working perfectly before occupying the property.

The safety of the guests and your property is our priority. Contact us so we can manage it and you forget about all the coplications that it implies.

Contacto:

Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cel. (+52) 984 163 6343.

Home insurance – Protect your heritage

Live calm. It does not matter if you rent or live in the property.

It is essential that you get a real estate insurance policy. To prevent will protect you from any eventuality in your home and its contents such as: theft, natural disasters and even accidents of the habitants, including pets.

Grupo Select recommends you to hire a real estate insurance policy that at least covers:

Property protection
Protect your house or apartment for recurring eventualities such as: hurricane, fire, broken pipes, and also situations that you would not imagine happening, such as a car crashing into the house.

Protection for residents and workers
Peace of mind and security for you, your family, renters and even pets. Make sure it includes coverage for domestic employees in case of an accident doing their work on your property.

Protection for content
Live with the peace of mind of knowing that the contents of your home are also protected against fire, theft and material damage, electronic devices protection against electric shocks.

When your property is already protected, it will be time to monetize it! Grupo Select is in charge of renting it, keeping it impeccable and of course, generate extra money that always comes excellent.

Contact:

Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cel. (+52) 984 163 6343.

Why invest in vacation properties

Photo: @tierramallorca

What began as an alternative to rent your house or an extra room in your home, has become a lucrative business which more and more investors prefer, because of the high yield that these types of properties produce.

Grupo Select recommends to invest in vacation properties for these reasons:

Double benefit.
You will have a property that you can use as many times as you want and the rest of the year rent it to produce an income and cover expenses.
Safety and hygiene.
More and more travelers prefer to stay in vacation rental, because it is cheap, private and it is easier to follow the new hygiene protocols.
Capital gain.
A property in a vacation destination increases its value more than properties in a place with less demand.

We recommend you to contact the experts, so they can advise you on your next real estate investment decision.

GRUPO SELECT

Contact:

Whatsapp (+52) 998 241 2424.

admin@gruposelect.mx.

Cel. (+52) 984 163 6343.

Why to hire a real estate management company

Photo: www.implika.es

If you are considering how to manage one of your properties, consider the following: A professional management company is trained and experienced enough to solve the day-to-day needs of your property.

They also have knowledge in different vital areas for real estate, such as:

Legal and accounting. By hiring a professional property management company, you ensure that all conflicts related to your property are resolved correctly. In addition to paying bills on time avoiding penalties.
Maintenance. It will ensure that there are professionals working for the proper functioning of the property and not someone who will dedicate only as much time as they can or people not recommended.
Occupation. Many real state management companies in Mexico also offer the service of renting your property generating extra income. Such as Grupo Select, that only charges a commission that is recovered with the benefits of higher rents, and provides the recurring income that you are looking for.

By hiring a professional property management company in Mexico such as Grupo Select, the owners get quality of life, since they will not have to use their own time and will have the peace of mind that their property is being taken care and profitable at any time.

Find out how GRUPO SELECT increases your income, keeping your property impeccable:

How to buy a house in Mexico as a foreigner

There are many reasons why Mexico is one of the preferred countries of foreigners to invest. Whether it is for a vacation residence or to make it your new permanent home, the country has a lot to offer.

Choose an unrestricted location
According to article 27 of the Mexican Constitution, a restricted area is known as an area that comprises 100 kilometers from the line that marks the border towards the interior of the country. Beach areas that are less than 50 kilometers from the ocean are also restricted. If the house you want is within a restricted area, you can choose a bank credit or acquire it through a Mexican corporation.
Request the necessary permits
One of the requirements to buy a house in Mexico as a foreigner is to have a permit granted by the Ministry of Foreign Relations. This procedure is carried out in person at Dirección General de Asuntos Jurídicos en México.
Get a financing plan
There are credits for foreigners in Mexico, which can be granted by national banks, or even by Infonavit or Fovissste. The requirements to apply for financing tend to be the same as for any Mexican. Additionally, you must have a valid passport and a document that proves your legal stay in the country.

When you have your property, monetize it with Grupo Select! Make profitable and keep your property impeccable for vacation or long-term rental. Trust the experts!