Whichever way you look at it, Mexico retirement properties offer you as a retiree savings; even if you are looking at a home worth five hundred thousand dollars here, a similar home on a warm beachfront back in the U.S. would be selling for millions.
On the other hand, for those really buying on a budget, Mexico real estate offers a high level of comfort for very accessible prices. The following are a few options to consider to save money when buying your Mexico retirement property:Land Purchases
Those with a couple of years before retirement could, for example, consider investing in a cheap Mexico beachfront lot. Lots in up-and-coming tourist areas can be found for as low as $50,000 USD, and sometimes less; these are lots that are directly on the beachfront, with connections, good road access and all necessary services nearby. The state of Campeche is a good example of where good quality, inexpensive lots have been available.
A comfortable, high-quality home can usually be built for around $100,000 USD, for a total cost of under $175,000 (lot, building and miscellaneous expenses); owning a single lot, custom home on the beach for anywhere near this price is simply unheard back home!
Lots a little back from the beach can be found in places like Tulum, where land for sale is currently a significant factor in the market. Developments range from very modern with wide roads and underground fiber-optic communications, to off-the-grid eco-focused communities. In all cases, you can save significant funds to enjoy during retirement by buying land early and having their own home built. What’s more, you get to have your own personal dream home designed!...
