Expat Exchange
Free MembershipSign In
Monterrey, Mexico

Real Estate in Mexico

By Joshua Wood, LPC

Last updated on Mar 03, 2024

Summary: An expat should begin their search for a home to buy in Mexico by researching the different areas of the country and determining which one best suits their needs. They should also consider their budget and the type of property they are looking for. It is also important to research the local real estate market and the availability of properties in the area. Foreigners are allowed to purchase property in Mexico, however, there are restrictions on the type of property they can purchase. Foreigners are not allowed to purchase property within the restricted zone, which is a 50-kilometer zone along the coast and a 100-kilometer zone along the borders. Houses in Mexico typically include amenities such as air conditioning, a kitchen, a living room, and a bathroom. Some houses may also include a pool, a garden, and a terrace.

Allianz Care
Allianz Care
Allianz Care
Allianz Care

How do I find a place to live in Mexico?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Merida is made up of the Centro area (downtown) and then many different neighborhoods which are called colonies and Fracc's. We were told by a realtor that many expats move to the North Merida area, which is nice and very safe with many stores and restaurants. He said anything above Calle 59 is good. We ended up finding a place in a small neighborhood called San Pedro Uxmal. I don't think there are many expats there, but the home had everything we wanted and the price was good. We are very happy there," explained one person living in Merida, Mexico.

"When we still lived in PV, my Mexican husband contacted a real estate place that handled rentals. He flew there to see it and we moved there. Two years later we found a bigger/better place, closer to the border, on the recommendation from a buddy at his work," said one expat in Tijuana.

"We made a discovery trip here in July. Loved the place and stayed a month... We toured the entire area and eliminated those areas that were a bit far out or did not meet our needs. We sold our home in the states in three days which spurred us to find a home... We have a dog and two cats that made renting a bit of a hassle so we decided to buy. I made another trip in September and we decided on one of the homes we had previewed earlier. It is a smaller gated community (7 homes) and we are quite delighted," remarked one member in Ajijic .

"When we started looking at the money we would have to live on after retirement, I realized that I would never be able to quit work and live comfortably. We started looking at places we could live. We wanted to be close enough to hop up to the states to see family but be able to afford to retire. Mexico was the obvious answer. After much internet research, I stumbled on Lake Chapala. My husband and I knew nothing about Mexico. His vision was from the old westerns. There is a group that provides a week long seminar that will answer all of your questions and also show you the fun side of the area. We booked a trip 3 months away. I used the time to look at real estate offerings. I had limited funds. This is a cash economy so it had to be a house I could afford. They have an MLS listings here so I could check out everything. I contacted a realtor and he helped weed out houses that had issues or less than savory neighborhoods. I wanted city water, a pressurized/filtration water system and city sewer. Many houses are on septic so I knew that I might have to make a compromise there. We had 14 houses on the final list. We bought the second one we had looked at and we paid cash. And it is on city sewer," explained one expat living in Lake Chapala, Mexico.

"We used a local realtor for a while but actually ended up renting a house through a private owner. The house was across the street from one of the properties we viewed with the realtor. My husband asked one of his Mexican co-workers who knew the area and she just happened to know the owner," said one person in Comalcalco.

Answer Question & View More Answers

Welcome Home MexicoWelcome Home Mexico
Connect

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.

Click connect to have our partner contact you via e-mail and/or phone.

Welcome Home MexicoWelcome Home Mexico

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

What is a typical expat home or apartment like in Mexico?

Please login to continue reading this article.

Not a member? Join Today (it's free).

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Monterrey, Mexico

Allianz Care
Allianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Contribute to Mexico Network Contribute
Help others in Mexico by answering questions about the challenges and adventures of living in Mexico.

Allianz Care
Allianz Care

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal