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Mexico Land for Retirement; Planning Ahead for your Dream Home

Thomas Lloyd,  Broker By Thomas Lloyd

Most retirees planning to live in Mexico for retirement will consider primarily condos or homes; however, and equally viable options, especially for those planning ahead, is Mexico land. Some of the advantages of buying land to build for retirement include;

Lower Initial Cost. For those who feel it is perhaps time to get the ball rolling for retirement preparations, but they are not yet prepared to invest in the full price of their retirement property, buying the land to build now is a good half-way step, ensuring that they are moving towards having the home they want in the near future, ready for their retirement.

Lower Overall Cost. The overall cost can also often be less; buying land in a growing area usually means that the current purchase amount will be less than the future property value, meaning that retirees can save by buying the land ahead of time. Also, in many cases, the total cost of buying the land and having the home built amounts to a lower total than buying a completed home, or sometimes even a condo. Buyers should research their market, and ask their agent for some stats, to ensure that this is the case where they are buying.

Personalized Dream Home. One of the biggest motivations for up-and-coming retirees to buy Mexico land and build is that they can have the home designed and built the way they've always dreamed of it. For buyers where this kind of preference is important, this can present a real advantage above and beyond the savings of investing in land.

Variety in Areas and Styles. Good land options can be found in just about any of the favorite retirement locations throughout Mexico, including beachfront communities, colonial cities, and the small towns in the rolling hills. Besides this, land can be found in a variety of development styles, including golf course and gated community lots, raw jungle land, eco-communities, ranches, quiet residential neighborhoods and much more.

Any retiree with a few years left till the big day comes should definitely consider land as a real, vialble option, along with a completed home or a condo. After choosing the area which best suits their needs, buyers should enquire with their agent as to the advantages of buying land, and the varieties available nearby.

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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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