Thomas Lloyd,  Broker By Thomas Lloyd
2010-05-11

Are you living on a tight budget these days? Penny pinching and even trimming larger budget items may be a normal part of your life now, much more than they used to be. For the many Americans under the ongoing pressure of living with less, choosing to live in Mexico can actually help to make both of these easier – daily penny pinching, and balancing the larger budget – while still planning ahead for a comfortable retirement.

For the case of balancing the larger budget, buying Mexico real estate can actually be a significant step towards making things work out. Inexpensive properties in up-and-coming tourism areas can have great potential for enjoying a comfortable lifestyle not only at a low cost, but with possibilities for earning an income. Sure, there is a cost now, but the investment will help ensure you enjoy a more financially stable future.

Consider the example of Campeche Real Estate. About 45 minutes south of the colonial city of Campeche (although it is less known, those who have been there say it's most beautiful, not to mention the cleanest colonial city) there are some lots with 66 ft of beachfront for sale for only $64,900 U.S. Campeche is currently growing into Mexico's next large tourist area with two condo-golf resort developments and a good deal of funds being invested into beautifying the area's cities and towns $100,000 more will get you your dream on on this wide, soft beachfront. Numerous other similar opportunities can be found in other parts of Mexico.

Now, taking a step back, we all know that budget experts will tell you it's not about what you can save on a purchase, but its about knowing what you really need, and what you don't. Think about your retirement; you will need a suitable place to live, in a warm climate, where the cost of living is lower. Campeche (along with several other locations in Mexico provide just that.)

What's more, once you have that dream home built, (or if you buy a completed home for a good price in another part of Mexico,) you'll probably be able to enjoy a bit of an income on renting to vacationers, an income which will help you cover the expenses of owning the property.

An investment now will help you address a necessity at a time in your life when you will need it the most. Many Americans find themselves skimping on retirement savings, and pushing back the date further and further. With the low cost of living in Mexico (both in pure necessities and in life's little luxuries), you will find a noticeable difference in the budget. This, combined with owning an excellent real estate in Mexico at a low price, will put you in a position to retire not only on time, but perhaps even early.

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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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