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      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

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      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

          Explore Our Latest Posts

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          Go To The Overseas Property Alert Site

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          International Property Summit

          Caribbean Virtual Conference

          Live and Invest In Spain Conference

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          Valencia, Spain

          Sep. 17-19, 2025

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          overseas living letter offers affordable retirement guidance
          The Simon Letter Wealth Protection Insights
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          Home Countries Mexico

          3 Places To Buy Property In Mexico…

          by Kathleen Peddicord
          Sep 13, 2024
          in Mexico
          0 0
          Puerto Vallarta, Mexico aerial view of Playa de los Muertos

          Adobe Stock/miguelnaranjomx

          Mexico is one of the most promising markets for overseas property investment.

          It’s home to several well-known cities that, due to their favorable reputations, continually attract tourists, retirees, and digital nomads. This ensures that you will have little to no trouble when it comes to renting or selling your property.

          Mexico places some restrictions on foreign property buyers that prospective investors should know about. You’ll need a fideicomiso (a Mexican bank trust) to buy real estate within 64 miles of an international border or within 32 miles of the coastline, an area known as the restricted zone. As the owner, you are the beneficiary of the trust.

          Get In The Overseas Property Game






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            Mexico is easy to get to by plane or by car. If you want to use your property as a second home or decide to retire to Mexico full-time, it will be hassle-free.

            Take advantage of the current strength of the U.S. dollar against the Mexican peso in these markets, which will provide you with excellent lifestyle and cash flow potential.

            Where You Should Buy Property In Mexico

            1. Puerto Vallarta

            ‘‘The Night of the Iguana’’ put Puerto Vallarta on the map back in the 1960s. Puerto Vallarta became synonymous with sun, beaches, excellent dining, and natural beauty.

            Cities as recognizable as Puerto Vallarta hold advantages for property investors. Their public image is a main reason why anyone visits and invests in them in the first place. If you invest and decide to sell, it will be significantly easier to do so in a reputable area like Puerto Vallarta.

            Get In The Overseas Property Game






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              Location is everything when deciding where to buy a property, and Puerto Vallarta stands out from other Mexican cities thanks to its ocean views and dramatic scenery. This city is situated where the Sierra Madre mountain range meets the ocean, with its elevation increasing as you move away from the coastline. Even if your property is not beachfront, you still get unobstructed views of unforgettable sunsets.

              Visiting Puerto Vallarta is easy, with at least 20 nonstop routes from cities all over the United States and 15 nonstop routes from Canada.

              Puerto Vallarta has many attractive neighborhoods that offer different characters and lifestyles and cater to the wants and needs of a broad group of people.

              Investors keep choosing this branded city thanks to its high occupancy rates, excellent quality of construction, active rental market, vibrant lifestyle, and vast tourism infrastructure.

              Get In The Overseas Property Game






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                1. Mazatlán 

                Mazatlán offers one of the best beachfront lifestyles that Mexico has to offer.

                Visitors (your renters) flock to Mazatlán to enjoy its recently refurbished historic center. They are attracted by its delectable cuisine, charming plazas, live music, theater, and striking architecture.

                Mazatlán also stands out for having one of the longest boardwalks in Mexico. This city is far from new; it is one of the country’s established beach resorts on the Pacific coast. However, it has frequently been overlooked by investors and second homebuyers.

                But Mazatlán has experienced a property boom in the last couple of years, and its popularity is rising.

                Despite the rise in property prices, homes here are still selling for less than what you could find in comparable Mexican cities. It’s cheaper than Playa del Carmen and Puerto Vallarta and offers similar lifestyle and property options.

                Mazatlán is a predominantly Mexican destination, more so than Puerto Vallarta. This city is home to many expats, and English is commonly spoken. However, most visitors are from other parts of Mexico.

                Another attractive factor for investors and visitors is the diversity of living options in Mazatlán. You can buy at the marina or in its bustling commercial area called the Golden Zone. You have options on a peaceful beach away from the hustle and bustle or a busy but well-kept beach. Golf and boating communities and quiet inland neighborhoods are also popular choices. You can find something for everyone.

                Inventory in this city is tight, but opportunities are still available with room for investment growth.

                Get In The Overseas Property Game






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                  1. Durango

                  Durango offers sunny and mild weather, an affordable cost of living, a clean and safe environment, and outstanding property opportunities.

                  This vibrant and modern city, set against a mountain backdrop, features a colonial center with stunning architecture reminiscent of Europe. Downtown Durango underwent restoration, and visitors can enjoy an area filled with trendy cafés, shops, bars, clubs, food carts, and live music.

                  In 2013, the Mexican government completed a 140-mile highway from Mazatlán to Durango, cutting the journey time between the two cities from eight hours to just over three. This turned Durango into an active domestic tourism market for locals trying to escape the coastal heat, as Durango has mild and sunny weather year-round. The highway goes all the way to McAllen, Texas.

                  The property market in Durango gets mostly Mexican buyers, and even though prices have been steadily rising over the last five years, this has helped to keep prices affordable.

                  I suggest that investors buy into colonial properties suitable for short-term rentals, as close to the town square as possible.

                  A healthy short-term rental market already exists in Durango, so you will have no issues keeping occupation rates up.

                  This city offers less of an active English-speaking expat community than Puerto Vallarta and Mazatlán, so if you plan on using the property, this is something to keep in mind. You will be in a more authentic Mexican environment, and it is a personal favorite for full-time living for several property investors I trust.

                  Durango has inexpensive properties, big-city amenities, and four mild seasons, and it’s a great lifestyle buy where you could also operate a successful rental property.

                  Get In The Overseas Property Game






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                    Where You Should Not Buy Property In Mexico

                    1. Tulum

                    Tulum is one of Mexico’s iconic beach cities. Nowadays, this is considered a mostly luxury beach city, and its property prices reflect that. Although the tourism market is active in Tulum, your return on investment won’t be as high as in the Mexican cities mentioned above because of the hefty price you’ll pay to get into this market.

                    Investors can find great value properties elsewhere on the Yucatán Peninsula for much less.

                    Tulum also has a reputation for being a party destination, attracting a predominantly young and chaotic crowd. This will inevitably lead to a higher chance of property damage and noise issues, which can impact your property’s desirability.

                    Plus, despite higher property prices, the area falls short in amenities compared to other Mexican destinations.

                    Get In The Overseas Property Game






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                      With These Ready-To-Rent Properties Around the World at Pre-Construction Prices, a world full of fun, adventure, and profit awaits! Sign up to receive our free daily e-letter, Overseas Opportunity Letter, and our weekly e-letter, Overseas Property Alert, and we'll send you our Expert Report—absolutely FREE!
                      1. Baja California

                      Baja California boasts beautiful coastlines and proximity to the U.S. border, but it also has notable drawbacks that could impact your investment potential.

                      In some areas of Baja California, rapid development has led to an oversupply of residential properties that have saturated the market and can make a property harder to rent.

                      This market is also heavily influenced by the fluctuating demand from American buyers. Markets like Puerto Vallarta and Mazatlán benefit from a healthy demand from locals and foreigners and offer better long-term stability.

                      Baja California’s infrastructure and amenities are not on par with comparable investment markets in the country.

                      Baja California is Mexico’s driest state, with limited aquifers, so the region deals with a dwindling water supply. Freshwater shortages are common because of unsustainable groundwater extraction, poor water management practices, and climate change. This ongoing issue will impact the rentability of your unit and can give you a hard time if you want to sell.

                      Until next time,
                      Kathleen Peddicord signature

                      Kathleen Peddicord

                      Founding Publisher, Overseas Opportunity Letter

                      Get In The Overseas Property Game






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                        With These Ready-To-Rent Properties Around the World at Pre-Construction Prices, a world full of fun, adventure, and profit awaits! Sign up to receive our free daily e-letter, Overseas Opportunity Letter, and our weekly e-letter, Overseas Property Alert, and we'll send you our Expert Report—absolutely FREE!
                        Tags: 'buying property overseas''real estate markets'offshore wealth summit
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                        Kathleen Peddicord

                        Kathleen Peddicord

                        Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

                        Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

                        Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

                        Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

                        Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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                              HOME

                              Top Countries

                              • Spain
                              • Portugal
                              • Panama
                              • Belize
                              • Colombia
                              • Cyprus
                              • Mexico
                              • France
                              • Montenegro

                              Best For:

                              • Health Care Abroad
                              • Retirement Living
                              • Cost Of Living
                              • Investing in Real Estate
                              • Establishing Residency
                              • Gun Ownership
                              • English Speakers
                              • Safety
                              BROWSE ALL COUNTRIES

                              Budgets

                              How Much Will It Cost
                              To Live Overseas?

                              Super Cheap

                              • Chitré, Panama
                              • Santa Marta, Colombia
                              • Phuket, Thailand
                              • Dumaguete, The Philippines

                              Cheap

                              • Medellin, Colombia
                              • Boquete, Panama
                              • Kyrenia, Cyprus
                              • Hua Hin, Thailand
                              • The Algarve, Portugal

                              Affordable

                              • Valencia, Spain
                              • Cascais, Portugal
                              • Las Terrenas, The DR
                              • Pisa, Italy
                              • La Rochelle, France
                              • Mazatlán, Mexico

                              Luxury

                              • Ambergris Caye, Belize
                              • Kotor, Montenegro
                              • The Panama City Beaches
                              • Paris, France

                              Resources

                              Global Living

                              • Living & Retiring Overseas
                              • Raising A Family Abroad
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