Hey future Bacalar property boss! 😎
Whether you’re deep in the search or just window-shopping paradise 🌴, here’s something most buyers totally overlook: a checklist that actually protects your ROI—and your peace of mind.
So we made one.
This is your no-BS, power-packed, know-your-stuff guide before you sign on any dotted line.
🔍 General Due Diligence (No Matter What You’re Buying)
- Is the property titled and clear of any liens?
- Are all permits permits in place?
- Are you working with a legit real estate team + legal counsel?
- Do you know the ongoing costs—HOA fees, utilities, taxes, etc.?
- Have you walked the land/unit (or at least done a solid virtual tour)?
💡 Pro Tip: Ask for official docs and always double-check permit status. Transparency is 🔑.
🛠️ If You’re Eyeing a Pre-Development Deal…
- Does the developer have a track record of delivering—on time and as promised?
- Are your payments tied to construction milestones, not just dates?
- Can you sell or assign your contract before delivery if needed?
- Have you reviewed the estimated timeline and risks of delays?
- Are post-delivery values and ROI projections grounded in reality?
📸 Insider Hack: Ask to see photos or videos of past builds by the same developer. Bonus if you can chat with previous buyers 🙌
🏡 If You’re Going Turnkey…
- Is the unit truly move-in or rent-out ready—or does it still need furnishing?
- Are rental projections based on actual comps, not just guesses?
- Is there a management team already set up—or are you on your own?
- Do you know the average nightly rate, high season window, and occupancy rate for similar units nearby?
- Is everything (appliances, finishes, Wi-Fi, AC) in place for a smooth launch?
📦 FYI: Some “turnkey” units may need 2–4 weeks post-closing to furnish—just make sure that’s factored into your launch plan.
🎯 Personal Strategy Check
- What’s your main investment goal: cash flow, appreciation, or personal use?
- What’s your ideal exit timeline—1 year, 5 years, forever?
- Are you planning to reinvest later?
- Do you have a solid backup exit strategy if things shift?
- Are you buying with emotion… or intention? (Be honest!) 👀
💥 Power Move: Forward this checklist to your attorney, advisor, or partner. It’ll spark the right questions—and protect your ROI like a pro.
Real Talk
Bacalar is heating up, and opportunities are real. But smart investing isn’t about luck—it’s about asking better questions, doing the work, and getting the right support.
Want to see which current listings pass this checklist?
We’ve got a few standouts we’d love to walk you through.