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Home Countries Mexico

Move To America’s Most Popular Expat Destination In 2 Weeks

Mexico’s Top Beach Retirement Options

Kathleen Peddicord by Kathleen Peddicord
Mar 13, 2022
in Mexico, Real Estate
0 0
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White sand beach and a calm beach in Lovers Beach, Cabo San Lucas, Baja California, Mexico

Adobe Stock/grinder82

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Mexico is one of the world’s top options for retirement living.

Indeed, it ranks #2 (behind only Portugal) in our 2022 Retire Overseas Index.

However, Mexico is a big country. The lifestyle options on offer are diverse.

Mexico’s dramatic coastlines, for example, have drawn more Americans and Canadians to the country than anything else Mexico has to offer.

Still, though, that’s painting with a wide brush. We’re talking about two long coasts—one along the Caribbean, the other spanning the crashing Pacific.

The options in Mexico for seaside living are so many and varied that you could actually specify a price point, a convenience factor, and a lifestyle, and still be spoiled for choice.

Let me try to help you break things down…

Here’s A Sample Of What We’ll See In The East, Along The Sparkling Caribbean Sea:

Cancún

Cancun, Mexico
Image Source: iStock/Jonathan Ross

Cancún one of Mexico’s top two resorts—began in 1974 as a tourism project at a small fishing village. As it exploded into a tourist mecca of more than 700,000, the swath of development extended southward to Playa del Carmen… transforming it from a fishing village to a town of more than 150,000 today.

Playa del Carmen

5 avenida at night in Playa del Carmen in Mexico
Alamy/Nino Marcutti

Playa del Carmen (Playa) is just 57 minutes south of Cancún, and it has taken over as the region’s chic place to be (and the place to be seen). You’ll find vacationing Europeans and North Americans, as well as a sizeable number of expats in residence.

Playa del Carmen offers an enviable vacation lifestyle and excellent rental returns.

Just off the town square is the renowned Quinta Avenida (5th Avenue) running parallel to the shore, and offering more than 20 blocks of fine restaurants and shops. It’s almost as big a draw as the beautiful beaches.

A team from Live And Invest Overseas was dispatched to investigate the area in-depth, and found Playa to be a great place for the income investor.

Specifically, rental yields are as high as 10%… combined with a 12% annual property appreciation. Playa del Carmen may already be “discovered”… but the investor should still pay attention.

The Riviera Maya

riviera maya beach in mexico
Image Source: iStock/Simon Dannhauer

The Riviera Maya is the section of Caribbean coast on the eastern side of the Yucatán Peninsula between Playa del Carmen and Tulum. It’s about 125 miles long.

Development in this area is moving slowly but surely southward from Cancún and Playa, as developers and pioneers seek unspoiled beaches and towns that remain convenient to Cancún’s international airport.

Mexico has dozens of well-appointed resorts… but it also has thousands of secluded, hidden beaches.

For example, just a few years ago, the town of Tulum consisted of a handful of cabins and a few fishing shacks. Today, the census counts over 18,000 people in Tulum, and it’s full of opportunity.

The Riviera Maya features warm Caribbean waters and pristine beaches. Also, the Great Mayan Reef—the second largest barrier reef in the world—is located offshore, providing world-class diving and snorkeling.

Another draw to this area is the presence of the best-preserved Mayan archeological sites… plus a few world-class golf courses to round out the local attractions.

This section of coastline holds some of the best path of progress buys you’ll find today, as expats and investors buy in the path of mainstream developers’ southward progress.

High prices and existing development are found at the northern end of the Riviera Maya… while low prices, low development, and high opportunity lie to the south.

So you can choose between an established market with its chic lifestyle and good returns at Playa del Carmen near the north end… or invest for capital gains in a less-developed environment by buying in the path of progress as you move south.

Get Your Free ​Mexico Report Today!

Learn more about ​​​Mexico ​​​and other countries in our FREE, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT – ​​​Mexico: Home To The World's Largest Population Of North American Retirees

Meantime, Over On Mexico’s Western, Pacific Coast, You Could Choose From:

Puerto Peñasco

Puerto Peñasco Sunset
Alamy/Marxxxxx / Stockimo

Puerto Peñasco is the seaside resort that’s most convenient to the United States by car… just over one hour from the border. Also known as Rocky Point, it has been a playground for the western United States and Canada for almost 100 years.

Homeowners in Puerto Peñasco can drive over the border and head right for their seaside home without even stopping to register the car. Yet, the beaches are second to none.

Puerto Peñasco enjoys warm, calm waters all year, broad sandy beaches, lots of housing options, and low property prices.

Best of all, I found that two-bedroom condos on this beach start at just US$99,000. Perfect for a vacation home or a weekend getaway.

Mazatlán

Colonial style buildings line the Plaza Machado in Old Mazatlan, Mexico
Alamy/Brian Overcast

Mazatlán has rebounded from the 1970s and 1980s, when it was mostly forgotten as a resort, to become a sought-after expat haven.

Today, its 10 miles of beaches and boardwalks are once again as busy as when John Wayne and Gary Cooper were in town. And these past two years, Canadians have returned to the market with a vengeance, along with a handful of Americans.

Even better, the historic center has been newly renovated. Now it’s a fine example of Spanish-colonial America, with plenty of world-class restaurants, sidewalk cafés, and a beachfront promenade. Each time I return I’m amazed at the restoration progress.

In fact, I recently bought a condo in Mazatlán’s historic center that’s also right on the beach… allowing me to enjoy both worlds.

Puerto Vallarta

Sunset in Puerto Vallarta, Mexico
Adobe Stock/Alonso Reyes

Puerto Vallarta has been one of Mexico’s most-popular resorts since the 1960s, although its rich colonial history goes back hundreds of years.

Unlike many resort areas, PV has a number of coastal sections with beaches interspersed among them… meaning different areas have their own unique character. For LGBT expats and travelers, PV could be especially appealing, as it’s the most gay-friendly destination we’ve found in Latin America.

Puerto Vallarta excels when it comes to ocean views. Here, you’ll find lots of properties perched on lush, green hillsides, and long views looking out to the ocean.

At this year’s Live And Invest In Mexico Virtual Event we’ll show you PV’s best lifestyle options and property buys… as well as one of Mexico’s best coastal investments.

Baja Peninsula

Los Cabos, Baja Peninsula, Mexico
Alamy/RooM the Agency

Over on the Baja Peninsula, the first destinations that probably come to mind are Ensenada or maybe Los Cabos, both very popular areas.

Loreto

Port of Loreto, Mexico
Alamy/Benny Marty

But how about the small seaside town of Loreto? At first glance, it seems like a half-forgotten fishing village that’s on its way to becoming a resort and second-home destination.

But Loreto has two interesting twists. One is that it’s being promoted by FONATUR, the government agency that created Cancún.

And, perhaps more importantly, Carlos Slim—one of the world’s richest individuals—has purchased the struggling Loreto Bay Golf Resort and Spa, as well as its unsold lots and the undeveloped land.

With both FONATUR and Carlos Slim behind Loreto, it may just be a hidden investment gem.

Sincerely,
Kathleen Peddicord signature
Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Tags: 'Puerto Vallarta'Baja PeninsulaCancunexpats in mexicolive in mexicoLoretoMazatlánMexico'move to mexicoPlaya del CarmenPuerto PeñascoThe Riviera Maya
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

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​​​Learn more about ​​​MEXICO ​​​and other countries in our free, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT – ​​​Mexico: Home To The World's Largest Population Of North American Retirees