(Photo: Pixabay)
Speaking of “Real Estate Developments” refers to a wide range of opportunities: investing in land in Merida, or any other city in Mexico or around the world.
When it comes to investment lots, there are spaces of land with urbanization, houses in fenced or “private” areas or neighborhoods, commercial premises, vertical towers of mixed-use plots (housing – commerce – services), etc.
Any of these real estate developments require money. In recent years, the owners of the land are looking for a way to get hold of that money to “do something with their land” such as housing in any modality “Townhouses”, apartments, or mixed.
Money-seeking opportunities have arisen among friends and trust-based friends have responded in hopes of earning high returns. Unfortunately, there have been frauds or deals that have not gone as expected for many reasons, but in my opinion, one of the most important is the lack of planning of the financial model and that there is no control over it in its execution.
Attracting people to invest in real estate developments is a good opportunity and beneficial for everyone. The banks do not finance the first part, which is the paperwork, putting up fences, introducing services, etc. People are invited to put their money into these projects and it is not necessarily that they are buying a property, but there has to be certainty on the project as a business opportunity. And this is where the financial model that includes professional planning comes in.
At PROVIFIN we make sure that the real estate project has certainty in several aspects:
a) There is a market for the product and the know-how to market it.
b) The legal instrumentation.
c) That yields and flows are obtained.
d) That there is a competent leader.
TIPIRVING. Investing your money in real estate developments is an excellent option, but you must be sure that this project has the proper planning and legal instrumentation. For this, a specialized financial advisor must assist you in your decision.
Irving Alberto Escalante Castillo
irvingescalante@gmail.com
Irving is a Public Accountant from the Autonomous University of Yucatan. Master in Business Administration with a specialty in Finance from Tec Milenio University. He has more than 20 years of experience in leadership of planning teams and execution of business projects, crisis management, and corporate finance.
TYT Newsroom
more recommended stories
Yucatan stands out in Tianguis Turístico as the ideal destination for events and conventionsAt the Tianguis Turístico we are.
-
Janitor dies after deadly fall in southern Mérida’s colonia Roble Agrícola
MÉRIDA, Yuc.- This Wednesday in the.
-
UNAM will revoke Minister Yasmín Esquivel´s degree for plagiarism
March 30, 2023.- After the scandal.
-
Government of Yucatan recovers control of its official websites after cyberattack
Less than a week after reporting.
-
Police mobilization due to gunshots in Progreso
Extensive police mobilization was registered on.
-
Cecilia Patrón’s proposal is approved: aggressors will not be eligible for public service
The plenary session of the Chamber.
-
Laying of sleepers for the Mayan Train continues in Playa del Carmen
The laying of sleepers and ballast.
-
Vegan Lentil Soup
Vegan lentil soup is a delicious.
-
Vaquita Marina: a marine species in eminent extinction
The vaquita marina (Phocoena sinus), also.
-
Intense heat increases water consumption in Mérida
Merida Yucatan; March 30, 2023.- The.
@yucatantimes Este miércoles en la gaceta semanal del The Yucatan Times: #TheYucatanTimes #Merida #Yucatan #Mexico🇲🇽 #ExpatsinMexico #WeeklyGazette ♬ sonido original - The Yucatan Times
First, you need to figure out how much money you need and for how long. If it is just a few thousand rubles before your salary, then a microloan https://good-friend.org/payday-loans/1000-dollar-loan-get-online-no-credit-check is the ideal solution. If you need a large amount for a long term, then it is better to go to a bank and take out a consumer loan. The only disadvantage of microcredit is the need to pay interest. The fact is that in a bank the loan is charged at an annual rate, and therefore the amount of repayment is not much more than the amount of the main loan, but here the interest is accrued daily, so it is better to return the money as soon as possible.