Why Buy in Mexico
Questionnaire
Fill out our questionnaire to receive a tailored list of available Mexico real estate.
In the last quarter of 2007, International Living magazine rated Mexico as the number one place for retirement living.
While there are many reasons to purchase investment property or a retirement home in Mexico, one of the most significant is the low property taxes that often do not exceed $600 per year on a home valued at $400,000 US dollars.
Investment/Rental Property
It's important to keep realistic expectations about vacation homes as investment properties. Rental income from the property shouldn't be counted on to cover total mortgage, taxes, insurance, and upkeep for other expenses. If the rental property is seasonal than one must be aware that such peak rental season may produce most of the annual income. However, if a purchase is made in an area with rapid appreciation or where an owner seeks to live in the property as Mexico retirement home, such may achieve the goals of the investor.
Investing in Your Tropical Dream Home
Buyers, who are unsure about buying investment property in Mexico, residential or commercial, should consult with a real estate professional in order to clarify their goals, so that they can determine the proper course of action. Also, absentee owners should consider using the services of the professional property management firm to handle day-to-day operations as well as for remodeling and repairs.