Topic - Real Estate

If you’re living or working in Mexico, planning to retire here, or planning to invest in Mexican real estate, the likelihood is that you will need to open an account at a Mexican bank to facilitate your daily financial transactions in Mexico as well as manage money transfers between foreign accounts and your Mexican bank […]

A large proportion of foreigners purchasing property in Mexico choose to make their investment at one of Mexico’s many fine beach locations.  Mexico has over six thousand miles of sea-facing land with ample diversity for those who want to live near water: from the relatively calm shores of the Sea of Cortes (now more often […]

Anyone following news reports in the last week or two will not have missed the headline stories about the collapse of the Donald Trump property project in Baja California, Mexico.
When the Trumps announced their entry to the Mexican realty market in 2006, the news was accompanied by huge fanfare, and the company pre-sold millions of […]

We’ve been writing about the devaluation of Mexico’s peso in recent articles as well as some of the corollaries associated with the recent falls in value of the Mexican currency.
In periods when the peso/dollar exchange market becomes disorderly, some sectors of Mexico’s economy begin to switch pricing of their goods and services from Mexican pesos […]

In highly developed countries, potable water piped into a home is almost taken for granted.  When you buy a house in Phoenix, for example, you’d expect drinking water to flow into the property’s pipes without any second thoughts about the matter.
When you’re buying property in Mexico, whether it’s a pre-built home or land upon which you […]

Two key attractions about owning property in Mexico are related not so much to initial cost of the land and buildings, but instead to the affordable ongoing costs associated with having your name on the property deed; these are: low property taxes, and low building and maintenance costs.
Total Cost of Ownership (TCO) is a moniker […]

Just a few years ago, Patzcuaro was a town that few foreign expatriates had heard of, and much less considered as a place to settle in Mexico.   Today, the town is attracting an increasing amount of attention, especially from Baby Boomers eyeing-up a retirement home here.
Patzcuaro’s real estate market has experienced a considerable renaissance over […]

There are no official figures published showing the number of expatriates living in Patzcuaro, full-time or part-time, although when asked, most resident expats guess with a number ranging between 150 and 200.  Some foreigners live here full-time, others share their life’s spaces between their home country and Patzcuaro, as circumstances may allow.  Most are of […]

The need for long-term sustainability is one of the most important concepts emerging as people begin to reflect upon their life situations and consider lifestyle changes they could embark upon.
Simplification of lifestyle is a pre-requisite of sustainability.  Complexity is expensive and it also serves to encourage barriers to long-term sustainability by creating over-dependencies, in addition to […]

As real estate markets begin to feel the effects of the financial crunch engulfing the world, a number of people have been contacting us to ask how real estate prices in Mexico are being affected by events.
Mexico’s real estate markets are highly localized and accurate data in regard to prices and historical trends is not […]