Mexico Real Estate - Early Planning For Comfortable Retirement

By Author: Thomas Lloyd
Total Articles: 503
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Retirement experts are encouraging people more and more to start saving and planning for retirement early - many are saying as soon as you enter the work force, even as young as 25 years old. There are many little tricks and tips to start building a good retirement savings, but one that can help in the process is buying Mexico real estate; this will not only ensure you will be enjoying retirement in a warm climate where the cost of living is low, but it can also help a good deal in the process of planning and saving.

Whether it is possible for you to live in Mexico full time or not, buying that property for your dream retirement early is a good idea. You probably won't be buying your retirement property at 25, but real estate in Mexico can be an excellent investment, and as soon as you are nearing a financial position to consider buying that beachfront condo, or a pleasant home on a central Mexican lake shore, it would be a good time to make your move and begin reaping ...
... the benefits of an investment property that, in the future, will be your retirement property. Just like saving, the earlier you do this the better, but on the other hand, this approach can still be very useful later on.

In the mean time, some people have used their property as a vacation home, gaining an occasional income from rentals to other vacationers, making the expense of owning a property less of an impact on their budget. Others dedicate the property entirely to rental income, and, depending on how early they invest in the property, they can to cover the cost, and even see good return.

Perhaps you're reading this article and thinking, "The home I have here is on a mortgage, and I don't think I can put up the cash for another property down in Mexico any time soon." While good financial management always tells us not to get into too much debt, it is still very valid to plan ahead for when you're finished paying off your mortgage back home.


Mexico mortgages, from banks such as Scotiabank Mexico, finance up to 75% of the purchase value, with rates only slightly higher than in the U.S. Direct developer and seller financing are also becoming more common options in Mexico with competitive rates. While you may hesitate to jump into another financed property after finally paying off your mortgage, as mentioned above, rental income can cover a good deal, if not all the payments and expenses. This will allow you to keep saving up back home, and by the time retirement comes around you'll have your condo or home in Mexico paid off, and ready to enjoy.

Properties are also available for all budgets and lifestyles - starting from below $50,000 U.S. going up over $2 million. Contact a Mexico agent today to start exploring the possibility right for you.

TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely