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Cheap Mexico Real Estate in Yucatan – Options for Smart Buyers


Thomas Lloyd,  Broker By Thomas Lloyd
2010-11-08

If you are considering buying cheap Mexico real estate, you've probably noticed the large number of excellent options in Yucatan. Yucatan continues to be one of the top choices for well-priced real estate because of an excellent combination of high-quality services with a very affordable lifestyle.

One options which informed buyers are considering more and more is that of Yucatan homes. Many homes in the large colonial city of Merida and surrounding towns can be bought for very accessible prices, sometimes as low as $30,000 USD. While these homes would definitely need investment in renovation, they are very well built, and offer buyers large amounts of potential to be converted into a dream home, or for resale.

For about $120,000 a comfortable home ready to live in can be acquired. For these same prices, homes can be found very close to the beachfront, in towns such as Progreso, which is about 30 minutes away from the city of Merida.

Yucatan land prices are also very accessible. Lots are available directly in the city of Merida, but one of the most attractive options within this market is also in land directly on the beachfront, or very near. Large, beautiful beachfront lots can be found well under $100,000 USD, ideal for building a personalized dream home.

Not only is real estate inexpensive, but the cost of living is also low. Hospital service and health care, for example, tends to be about 50-70% less than in the U.S. These same facilities have been ranked on par with private hospitals in the U.S. by the World Health Organization.

Savings can be noticed in everything from groceries to transportation.

At the same time, Merida is home to high-quality, modern services. In addition to the hospitals, there are also large, modern shopping centers, professional golf courses, international chain stores, an international airport and much more.

While it may be easy to find cheap real estate, it is much more difficult to find cheap real estate that his a lot of potential for investment and for excellent lifestyle, in an area where there are modern services available for accessible prices. Yucatan is one of the few places where this balance exists to this extent.

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Region:  Playa del Carmen real estate.

Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.

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