The Lakefront Promenade in Lake Chapala, Mexico
The Lakefront Promenade in Lake Chapala, Mexico
The Lakefront Promenade in Lake Chapala, Mexico

Real Estate in Lake Chapala, Mexico

By Joshua Wood, LPC

Last updated on Feb 09, 2022

Summary: Expats and retirees talk about real estate in Lake Chapala, Mexico? How do you find a home in Lake Chapala? Should you buy or rent? What is the cost of housing?

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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 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," explained one expat living in Ajijic , Mexico.

"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," said another person in Lake Chapala.

"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," added another expat who made the move to Ajijic, Lake Chapala.

We've partnered with Explorastay, the largest aggregator of 1-12+ month stays. Compare listings and rental rates from 20+ accommodation sites in one search, including: Booking.com, VRBO, Expedia, UniPlaces, Spotahome, HousingAnywhere, Zumper and over a dozen more accommodation companies. Search rental properties in Mexico.

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

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000. Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Some of Joshua's more popular articles include Pros and Cons of Living in Portugal, 8 Best Places to Live in Croatia and the Living in Mexico Guide. Connect with Joshua on LinkedIn.

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The Lakefront Promenade in Lake Chapala, Mexico
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