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Mexico Real Estate for Retirement – Choosing Your Paradise


Thomas Lloyd,  Broker By Thomas Lloyd
2010-11-22

An ever more common choice for retiring Americans and Canadians is Mexico real estate. While the stereotype is a condo overlooking the beach, there is actually a very broad range of choices for expats who retire in Mexico. The following are some of them.

The Beachfront Tourist Area. Places like Cancun, Playa del Carmen, Mazatlan or Puerto Vallarta are established areas for tourism, and in addition to enjoying beautiful beaches, retirees will enjoy many activities, ranging from professional golf courses and marinas, to eco-parks and natural sight-seeing, with many activities in between designed to suit the large numbers of tourists who arrive, and very convenient for retirees who live there. Most also include world-class hospitals with accessible prices.

The Isolated Beachfront. While one of Mexico's huge advantages over other choices in Central America or the Caribbean is the high-quality of infrastructure and services available, while still maintaining low prices, for those who want a quieter retirement, really "away from it all," there are many more isolated beachfront areas in Mexico where retirees can enjoy a short walk to the neighbor's house, and pleasant trips into a small village to buy supplies, in an otherwise quiet and serene area. Costa Maya is one such area. The advantage is that world-class conveniences are still only a few hours away.

Colonial Cities. With locations such as Merida on the Yucatan Peninsula and Mazatlan on the Pacific Coast, colonial cities have been a growing choice for American and Canadian retirees, where a romantic lifestyle in a charming old city center with beautiful gardens, traditional music and delicious food is combined with modern shopping, excellent hospitals, and, in the case of these two examples, easy access to a wonderful beachfront. Several colonial cities within Mexico's interior, such as Morelia, or San Miguel de Allende are also beginning to gain more attention.

Small Lakefront Towns. Mexico's "Magic Village" program has identified about 35 towns throughout the country which have best retained their area's traditional atmosphere, while being accessible to outsiders, and blending living traditions with growing culture. A number of these are located on beautiful lakefronts, and are becoming favorites for expat retirees. Perhaps the most established example is Lake Chapala and the two towns of Chapala and Ajijic, which are perhaps home to the largest group of American and Canadian retirees in Mexico.

This is a small overview of what Mexico real estate offers retirees. To find the paradise most suitable for their needs, retirees should contact an experienced broker who can direct them to an ideal area, and an established agent there.

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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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