Buying a new home on the beach: pros and cons

Beachfront living offers a unique combination of natural beauty, comfort, and tranquility that few places can match.

However, buying an existing home or building from scratch in a coastal setting involves evaluating several key factors.

Puerto Escondido, a vibrant destination on the coast of Oaxaca, is gaining ground as one of the best places to invest in homes for sale in Puerto Escondido.

Whether you prefer to buy a new property or build from scratch, here we will explore the benefits and challenges of both options.

Should you buy a new construction beach home?

Buying a new home in a beach destination has many advantages, but it is also important to consider some challenges. Here are the main pros and cons:

Advantages of buying a new home

1.  Immediate income from vacation rentals

In beach destinations, the high demand for accommodation allows you to start generating income from day one. You can capitalize on the growing interest in this paradisiacal region by renting your property to tourists.

2. Modern infrastructure and services

New homes are usually part of developments with exclusive services such as private security, swimming pools, common areas, and direct access to the beach. These features not only enhance their quality of life but also improve the quality of living.

3. Time and effort savings

Opting for a finished property eliminates the hassles of overseeing construction, managing permits, or coordinating contractors. It is a practical solution that allows you to enjoy your investment immediately.

4. Assured equity

Homes in popular coastal areas would appreciate quickly, especially in tourist destinations like Puerto Escondido.

A well-located home can be a high-yielding asset if you decide to sell it in the future.

Disadvantages of buying a new home

1. Hight costs

New homes in tourist areas tend to have high prices due to their privileged location and the amenities included, such as security, and access to the beach or swimming pools. This can be a barrier to entry for some buyers.

2. Limitations on customization

When buying an already-built home, you cannot customize key aspects such as layout, materials, or finishes. If you wish to make modifications later, the additional costs can be significant.

3.     Market competition

High demand for properties can cause the best options to sell quickly. This means that, if you don’t make quick decisions, you could be left with fewer available alternatives.

4.     Longer timeline

Buying a new or under-construction home may not be the best option if you have little time to move in.

The completion time for a newly built home can range from three to nine months (sometimes more). This can be a major disadvantage for those who need to move quickly.

Is it better to buy a new beach house or to build one?

As mentioned above, buying a house already built is a faster and more convenient option.

On the other hand, building a beachfront home offers total freedom to customize the design, materials, and finishes, adapting the property to your needs and the natural surroundings.

Of course, the initial investment is high, and the construction process can face regulatory obstacles, such as permits and environmental laws, which can delay deadlines.

Unforeseen costs can also arise due to changes in plans, weather, or geographic conditions, which can cause the construction to take longer than expected.

Both options have clear advantages; you must consider factors such as budget, time available, and your long-term goals.

Whether you choose to build or buy, owning a beachfront home in Puerto Escondido is an investment that will bring with it a unique quality of life or a return on investment if you think of it as a rental home.

You might be interested in:

• Tips for maintaining your beach home
• Pros and cons of investing in Puerto Escondido Real Estate
• Owning your beachfront home in Mexico: tips for international buyers