Real Estate in Lake Chapala, Mexico

Last updated on Apr 21, 2023

Summary: The most desirable neighborhoods in Lake Chapala, Mexico are Ajijic, San Antonio Tlayacapan, San Juan Cosala, and Chapala. The average cost to buy a nice 2 bedroom home in Lake Chapala is around $150,000 USD, while a nice 3 bedroom home can cost around $200,000 USD. These properties typically include a kitchen, living room, dining room, and outdoor patio or terrace. Amenities vary depending on the property, but may include a pool, garden, and/or garage. Foreigners are allowed to own property in Lake Chapala, but there are certain restrictions. For example, foreigners are not allowed to own property within 50 kilometers of the coast or 100 kilometers of the border. The best way for an expat to search for a home to buy in Lake Chapala is to use a real estate agent or broker. They can help you find the right property for your needs and budget, as well as provide advice on the local market and the legal process of buying a home in Mexico.

How do I find a place to live in Lake Chapala?

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

"We had visited months before, staying in a local hotel. When we sold the motorhome and moved down, three months later, we stayed with friends for two weeks and then bought a house. It was a private sale, without realtor, so was closed by a local attorney/notario in a matter of days," said one expat who made the move to Ajijic, Lake Chapala.

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What is a typical expat home or apartment like in Lake Chapala?

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About the Author

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.