Zihuantanejo, Mexico: Ocean-view condo for $115,000

The coastal cities of Zihuantanejo (pronounced zee-waa-tuh-nay-ho) and Ixtapa (pronounced eeks-tapa) sit side by side on Mexico’s Pacific coast. Zihua, as locals refer to it, is a traditional Mexican town on a sweeping bay, complete with walkable town center and seaside malecon, while Ixtapa was built as modern tourist area with large resorts and residential development. The area is considered one of the most-visited beach areas in the country, although, while there are some foreigners and small expat community, most tourists come from other parts of Mexico.

Overlooking the bay in Ixtapa is a one-bedroom ocean-view condo. It comes fully furnished. It’s in a small complex with a community pool. Plus, the beach is close by.

In Mexico annual property taxes are called predial. This tax is based on the assessed value of the property. Rates vary depending on location in Mexico and size of the property. In general, you’ll pay only a few hundred bucks a year for your property taxes. And if you’re a resident and over the age of 60, you can get a discount.

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I haven’t visited this property or done due diligence on it. If you’re interested in the listing, you should hire an attorney and do your own due diligence.

Property Features

1 Bedrooms   2 Bathrooms