Vacation Homes in Mexico

Foreigners are buying real estate in Mexico for a variety of reasons.  Some people are buying because they move to Mexico to live and work, and prefer to buy property instead of renting.  Others come to Mexico to retire, or plan their retirement, and some are just looking for a worthwhile long-term investment for their money.

As Mexico is a major tourist destination, a significant number of people are buying real estate in Mexico with the explicit intention of renting it out as a vacation home.

Perhaps you don’t want to live in Mexico full-time, or maybe you’d like to, but your lifestyle doesn’t allow you to do so at the moment.  Buying a vacation home now gives you a foot-hold in a local property market and can also offer a number of other opportunities.

Your investment can earn an income while it’s being rented and you can take rent-free accommodation for your vacations in Mexico.  This is in addition to storing up long-term investment value.  In due course, you may re-sell your property, or you might move into it full time or part-time, perhaps to retire.

The most popular areas for vacation home investments in Mexico are the Baja Peninsula, Puerto Vallarta, Cancun and the Riviera Maya.   Other locations which are beginning to emerge as vacation home spots include Mazatlan on the Pacific and Campeche on Mexico’s Gulf Coast.

Homes designed and built by property developers are one of the easiest, and possibly best, methods of buying a vacation home in Mexico.  Structured property developments lend themselves well to a vacation home investment because developers don’t just build homes; they also encompass a variety of local services and amenities such as swimming pools, gyms, shops, restaurants and golf courses into their plans.   So everything that you and your guests need may be found in one place; this is also an enormous selling point when you come to market your vacation rental property.

Homes on property developments are actively maintained as part of your service contract, so when something goes awry, for example, a burst water pipe, you may easily call upon people to take care of matters locally.   This is also important for rent-paying guests, who are understanding of issues, but expect a fast and efficient response to them.

Mexico offers potential investors an abundant choice of real estate development projects.

Take, for example, El Dorado Ranch in San Felipe, situated on the shores of the Sea of Cortez, and just a two-hour drive from the US border.   These developments provide titled property surrounded by the most beautiful natural environment, and include a wealth of local amenities and pastimes for you and your vacation home guests to make use of and enjoy.

On Mexico’s mainland, away from the ‘big three’ (Puerto Vallarta, Cancun and Riviera Maya) developments like Estrella del Mar near Mazatlan on Mexico’s Pacific coast, are attracting a lot of interest from foreigners moving to Mexico as well as those who want to put a stake in the ground and make a property investment here.  Estrella del Mar offers luxury and comfort amidst the backdrop of the majestic Pacific Ocean and miles of secluded beach on your doorstep – while still being within a stone’s throw of Mazatlan’s vibrant center.  Like El Dorado Ranch and La Ventana del Mar, this resort development also provides an array of fully-managed local services and amenities as well as one of Mexico’s best golf courses.

See Also:

Buying Real Estate in Mexico

Real Estate Developments in Mexico

Retirement in Mexico