Now that you decided to purchase a new home in Mexico, it is time to start listing your wants and needs. Having an itinerary beforehand will help your real estate agent narrow down the search for your perfect home. This will also save you time and money when choosing a home. The information below could provide a few more ideas you might have overlooked when creating your initial buying criteria. Every little bit helps when making an important decision like this. So why not get started on the right foot!
Location
The first and probably most important factor when looking for a new home is location. Where do you exactly want to be? What do you want to see or be around daily? Mexico has several landscapes to choose from.
- Being inland can allow you more room to spread out, take in the scenery and enjoy some privacy. Not having your neighbors right on top of you can offer a countryside feel but at the same time, still, be close enough to town.
- Wanting to be in the jungle doesn’t always mean you have to live in an isolated area. Places like Akumal, Tulum, Puerto Vallarta, Cabo, and other smaller communities close to the sea can offer homes in lush tropical surroundings and still be close to town and all its amenities.
- Some people need to be on or near the water. Mexico is known for its pristine beaches at the beautiful Caribbean Sea and the Atlantic Ocean. Being near the water has numerous advantages, like enjoying water sports, fishing, or relaxing under a swaying palm tree.
- Some others may want to be in a town close to Mexico City or Guadalajara. Mexico has so many climates and cultural diversity that you might encounter what you wish to buy very easily.
What Amenities Do You Want To Be Close To?Â
Another piece of the puzzle you may consider is what type of amenities, if any, do you want to have around you? Do you like being within walking or driving distance to a variety of restaurants, various shopping opportunities, or a variety of entertainment venues? Being right downtown allows you to enjoy the benefits of having everything at your fingertips. If wanting to live on the edge or just outside of town, you can enjoy quieter days and still be within minutes of downtown and the white sand beaches. Here are a few more details to consider.
- Being in the heart of downtown usually requires living in a condo. However, there are quite a few condos with an array of floorplans and designs to choose from. Stepping out your front door and having the city’s vibe reach out and grab you is priceless.
- If a little less hustle and bustle is more your style but still wanting to be within walking distance to everything, why not consider buying on the edge of town. Several communities offer both condos and homes. These communities are located just outside the downtown perimeter.Â
- Buying in a suburban area can still offer everything you need and want. You can purchase a home or condo in a neighborhood or gated community with plenty of restaurants, various shopping, and local entertainment. The downtown area and the beaches are still only minutes away.Â
What Type of Floor Plan Suits You The Best?Â
Here are a few qualifying questions. How many people are in your family? Do you regularly entertain or have out-of-town guests? These are the type of questions you need to ask when looking for your ideal home. Having a floor plan with enough bedrooms, bathrooms, and living space to accommodate everyone is essential. Do you like having a gourmet-style kitchen, individual ensuites, and an outside area? You can find any or all of these features in a variety of homes!
Other Specific RequirementsÂ
Suppose your list has specific requirements relating to your new home’s design. In that case, you need to review them with your agent—things like being energy efficient, having local infrastructure, and quality of construction. So let’s briefly examine these three items.
- Having a home that is energy efficient or self-sustainable can keep your living expenses to a minimum. Building with local materials will weather much better in a tropical climate. Things like solar energy and using reclaimed water will promote an eco-friendly environment.
- If looking for a townhome, making sure the local infrastructure can support the population is vital. Having reliable water, sewer, and electric grid can be highly beneficial in providing a comfortable lifestyle. As modern as they are, some parts of Mexico are constantly updating their infrastructure.
- Making sure your new home has quality construction is a must. The developers in Mexico take pride in their work. Most general contractors have years of experience. They closely monitor their workmanship and the materials used. Â
Note:Â Your agent will arrange an inspection and answer any questions regarding the contractor before submitting a purchase agreement.Â
Staying Within Your Budget
When purchasing a new home, most people have a specific budget in mind. It is no secret that Mexico is known for its exceptional real estate market and what you can get for your dollar. No matter if you want to be on or near the water – right downtown – in a gated community, it will be much less than in the United States or Canada. In some cases, you can get twice as much property compared to the rest of North America. The value of the US and Canadian dollar against the peso will also increase your buying power.Â
Setting a price point while getting everything you want should be easily achieved. As discussed earlier, more desirable locations will dictate the asking price. If you want to be near the water or in the middle of a city, you can expect to pay a little more. However, when considering what it would cost to own property just minutes away from California or Florida’s beach areas, the prices in Mexico’s coastline will be minimal in comparison. The same goes with gated communities and city homes as well.Â
To Recap
When purchasing your dream home, having the perfect layout and ideal location makes life in paradise that much better! Having an excellent real estate agent can assure you that you will get the best value for your dollar. That is not to say that doing your research beforehand isn’t helpful. However, having representation through the whole purchasing process can make all the difference in the world. Take a moment to contact Top Mexico Real Estate. Let one of their professional agents arrange a private tour of all the qualifying homes in Mexico.