When you are about to acquire a condo in a place of high development such as Puerto Morelos, it is normal to face technical terms that may seem confusing, thats why we created this real estate glossary with key concepts that will help you take the best decision when investing in developments like Selva Escondida II, located in the heart of Riviera Maya
1. Régimen condominial (Condominium regime)
It is the set of rules that govern the use of a residential development divided into private units (condos) and shared amenities or common areas. When you buy in a development, you are part of a regime that gives you the right to use shared spaces such as the pool, gym, coworking, etc, and it establishes your obligations of maintenance.
2. Plusvalía (Capital Gains)
The capital gain is the increasing value of a property as time passes, thanks to improvements in the zone or to urban development. Investing in high demand zones like Puerto Morelos, with consolidated projects like Selva Escondida II, is an intelligent strategy to protect or increase the value of your investment.
3. Retorno de inversión (ROI)
Return on investment refers to the percentage of profit you earn when renting or selling your property. In tourist destinations like the Riviera Maya, ROI can be high thanks to the steady flow of visitors looking for short-term accommodation.
Data México – Sector Inmobiliario
4. Experiencia del desarrollador (Developer’s Track Record)
Before investing, research the developer’s background. Companies like Grupo Miraro, the developer of Selva Escondida II, have a solid reputation and a history of successfully delivered projects—providing you with greater peace of mind.
5. Amenidades (Amenities)
Amenities are additional services or facilities within the development that enhance quality of life and increase the property’s appeal. Examples include: swimming pool, lounge, coworking space, outdoor gym, and pet-friendly areas.
6. Escrituración (Deed registration)
Deed registration is the legal process through which the property is officially recorded in your name with a notary and in the Public Property Registry. This procedure is mandatory and generates expenses you must consider as part of your budget.
Gobierno de México – Registro Público
7. Avalúo (Appraisal)
An appraisal is a professional evaluation of a property’s market value. It is essential for obtaining bank financing and gives you a realistic sense of your investment’s worth.
8. Mantenimiento (Maintenance)
Monthly maintenance covers cleaning, landscaping, security, and the upkeep of shared amenities. This is a fixed fee that must be paid on time and varies depending on the size of your condo and the development’s features.
Understanding these terms not only gives you confidence when making an investment—it also helps you identify real opportunities. If you’re thinking of purchasing a condo in the Riviera Maya, Selva Escondida II in Puerto Morelos offers an excellent location, modern design, top-tier amenities, and strong capital gain potential.
Do you want to know more? Visit our website: https://selvaescondida.mx
