Foreigners staying in Mexico for an extended period of time (usually greater than a few months) will probably find the rental of a property – or perhaps a purchase – better value than staying at a hotel for the whole time.
Others may just want a home in the sun ‘down Mexico way’ as a place to stay on holiday and rent at other times, or even as future retirement home in Mexico.
Whether it’s cheaper to rent or buy during a stay in Mexico depends on where you are staying, and what your requirements are.
Property prices in Mexico have risen substantially in recent years – especially near the coast – but value may be sought with time and patience, and coastal property in Mexico still trades far more afford-ably that coastal property in the U.S. Property in Mexico can also surrender an annual rental income, depending on where the property is situated. Cost of ongoing ownership is also relatively low in Mexico (maintenance, taxes, etc).
Today, Mexico has a lot to offer property investors.
This page outlines the key facts about property ownership in Mexico. The accompanying guides in this section are comprehensive, dealing with matters such as buying real estate in Mexico, property rentals, financing your Mexican real estate, working with realty professionals in Mexico and taking care of house maintenance and home security.
Mexico Real Estate Investment – Key Facts Summary
Foreigners CAN own property in Mexico
Foreigners can own property in Mexico – even near the border and coastal areas – and you don’t need to have a resident permit in order to be a land-owner. Read our guide to buying real estate in Mexico for full details.
Long Term Accommodation in Mexico
If you plan to stay in Mexico for an extended period of time, it may be more cost-effective for you to seek some real-estate, either to rent or to own, in Mexico, instead of paying for hotels or apart-hotels. You may also want to consider Mexico as a destination to buy a second home, to rent out when you are not there if it’s near a vacation spot, and perhaps, even, as part of your retirement plans (see below).
Value for Money Real Estate in Mexico
Whatever reasons you may have, a property investment in Mexico can offer good value for your money; but as with all property investments, you’ll need to do your homework first. Our guides share key local knowlege you need to help you with your research and planning.
Real Estate for Retirement in Mexico
If you plan to buy property and retire to it in Mexico, you will find that getting a permit to reside in Mexico is a formality provided that you can prove a regular income and fulfill the retirement criteria. Connect to the section on Mexperience about Retirement in Mexico for full details.
Mexperience guides and briefings are provided for information only. Figures and rates may change without notice. Our guides do not constitute financial or investment advice to readers. Seek professional advice before entering into any agreement or contract. Mexperience Conditions of Site Use