Mexico Living – Deciding whether to Rent or Buy a Home

Mexico Living

Rent or Own in Mexico

Mexico Living – Renting or Buying a Home

With more and more people retiring and seeking affordable retirement living, Mexico living is a big consideration to many.  The biggest question that most people ask if whether they should buy or rent a home prior to permanent relocation.

There are many good reasons to buy a home in Mexico including purchase pricing that is lower than the United States and Canada and affordable labor costs for renovation.  However, to know how neighborhoods can change in Mexico is to know Mexico living.

Why we, Mexico Living Now, suggest Renting first!

During the years that we have lived in Mexico and hear from other expats who have moved to Mexico, we realize there are circumstances that can predict how your neighborhood may change.  First, when looking for a place to live, you need to physically visit the neighborhood at various times of the day for almost an entire week.  This will give you the advantage of knowing of any neighbors or establishments who are playing loud music at hours you would find undesirable.  Additionally, you may find bothersome stray animals surround your neighborhood at night seeking food from trash bags left in the street for pickup.  Trash pickup varies by neighborhood.

Secondly, you should not consider any property, whether rental or purchase, that is adjacent to an empty lot.  This could mean future construction that will bring lots of noise and dust to your dwelling.  This can be a long, ongoing process that can turn your Mexico living dream into a nightmare.

Mexico Living is Learning the Culture

There are party halls all over Mexico.  Some are clearly marked with signs for Fiesta, and some are not.  Be certain to ask your realtor or the neighbors if there is an unmarked Fiesta hall in the area.  We knew one woman who had no idea a Fiesta hall was right next to her house as it was behind enclosed walls with a solid gate.  Fortunately for her, she was renting so she was able to avoid further sleep disruption by moving elsewhere.  Another good idea is to drive around the blocks of your  Mexico neighborhood to see if there are any auto repair or bus and truck repair shops.  Many times a street on which you desire to live looks great, until you hear the roaring of engines and smell the odor of diesel fuel.  Restaurants can also be bad neighbors.  Cooking and food aroma can begin early morning and late night trash disposal may bring a different kind of undesirable aroma wafting into you home at night.

If you choose to live in a city in Mexico,  neighboring public parking lots next to your home in Mexico can be another bothersome intrusion if they are open 24 hours daily.  Remember, you will have cars entering and existing all day and night.  Air and noise pollution are the concerns here.

If you have decided on a more suburban location to live in Mexico, look for the nearest location of schools.  Mexico living means no school buses.  As a result, parents line up their cars in morning for school drop off and in the afternoon for school pickup.  This can be a tremendous inconvenience if you are trying to access your street during school hours.

High traffic roads for Mexico living are another consideration, not just for the noise aspect but for the difficulty in finding parking, or if you have off street parking, trying to get in and out of the space on a busy road.

We, at Mexico Living Now, offer you this information not to discourage you in your search to buy or to rent housing in Mexico, but to alert you to the very important factors that will play a major roll in the overall enjoyment of your Mexico living experience.  Living in Mexico means living in a different culture with different architecture and different laws for residential areas.  In general, there are few restrictions for turning a residential space into a commercial space unless you are living in a “fraccionamiento”, which is a residential development, or a gated community.  Other than those two circumstances, almost any commercial / residential combination is possible, more so in a city atmosphere.

The bottom line is that if you are considering making a permanent move to Mexico for retirement, attending school or for temporary residency, invest the time it takes to select your home base as it will be crucial to the overall enjoyment and culture adaptation of Mexico living.

 

 

 

Living in Mexico

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