21 March 2008 76 views No Comment

The water systems in Mexico are highly inadequate, relative to those in the United States. As a result, most people drink bottled water. If you are running a hotel or rental property bottled water is essential. Water pressure is usually low in Mexico and is pumped through mains into underground cisterns. Most places in Mexico install a 20-liter bottle dispenser for water consumption with prices at about 22-28 pesos per liter (approx $2.34). Most hotels usually install an on-site carbon filter to benefit the entire building. Beachfront property in Mexico can become unbearably hot and, at least for most Americans, requires proper air-conditioning. Fitting your property with air conditioning ducting systems or water-generated air conditioners in each rooms is essential. Installing ceiling fans in the rooms of your property can also be a great asset to circulate and keep air fresh without spending a lot of money on electricity.

Utilities and maintenance can be a challenge for any investor. With a little bit of legwork establishing trustworthy sources on the ground, you can successfully navigate ownership from a foreign country. Learning Spanish is certainly a worthwhile investment, even if you won’t be living in Mexico. It is also valuable to get to know and befriend the local residents. They will be your best eyes and ears when you are away from your property.