The 7 Best Places to Own Real Estate in Mexico

I own more real estate in Mexico than in any other country in the world.

Over the years, I’ve invested in more than a dozen properties there. Some I’ve sold…my keepers are six condos in Los Cabos, another in Playa del Carmen, and a home in Akumal on the country’s Caribbean coast. (I bought all of these in off-market deals exclusive to my Real Estate Trend Alert group. Learn more about RETA here.)

My wife and I have also built a home in the booming cosmopolitan city of Guadalajara as a lifestyle play, since her parents retired there.

And I’m getting ready to add even more Mexico real estate to my portfolio.

Whether you want to own for lifestyle, investment or some combination of both, Mexico is a perfect place to do it. That’s why my team have been working on something special for you…

In 48 hours, I’ll be sending you a brand-new report. It’s called The Real Estate Buyer’s Guide to Mexico.

This is a comprehensive guide on buying in, moving to, and living in Mexico. And on Thursday, it will drop in your inbox, completely for free—a special benefit to you as an Overseas Dream Home reader. Here’s what you can expect to find in the report:

  • A guide to the ins and outs of buying real estate in Mexico.
  • My breakdown of the seven best places to own there.
  • Details on things like closing costs and capital gains taxes.
  • Legal dos and don’ts.
  • Insider tips on spending time in Mexico, like how to open a bank account or bring your car from the States.
  • Info on Mexico’s low-cost, high-quality healthcare and easy-to-access residence visas
  • Plus much more…

As I say, this report drops in your inbox, for free, on Thursday. Today, I want to offer you a sneak peek by digging into three of the seven destinations I highlight in it, starting with an under-the-radar city in Baja California…

The Sea of Cortez coast on the Baja California peninsula is home to breathtaking white-sand beaches. You’ll also find amazing-value real estate…if you know which towns and cities to investigate.

La Paz

The Baja California peninsula consists of two states, Baja California to the north and Baja California Sur at the lower end of the peninsula. La Paz is the state capital of Baja California Sur (BCS). Much of the BCS population lives in either La Paz or in Los Cabos.

The difference between La Paz and Los Cabos is striking. Los Cabos is a major tourist and expat destination…and a bastion of the ultra-rich. If you are looking for an easy transition to a foreign country, check out the English-speaking, English-friendly Los Cabos area.

If you are looking to experience true Mexican culture, look no further than La Paz.

Located on the east coast of the peninsula, the city of La Paz hugs an inlet of the Sea of Cortez and expands in rings to the south. Starting at the water is the famous malecón which stretches three-and-a-half miles east to west providing a beautiful area to stroll and enjoy the sunshine.

The malecón in La Paz  fronts a stunning stretch of beach. And surrounding it you’ll find boardwalk restaurants, artisans selling off carts, hotels, and marinas.

Heading south and within walking distance from the malecón is old town La Paz. Traditional brick buildings line every street.

Across Highway 1, the next section of the city finds La Paz beginning to feel like a modern urban city. Local businesses bump against shopping malls. Here you can go shopping at U.S. mainstays like Walmart, Sam’s Club, and Home Depot, along with the Mexican superstore, Soriana Híper. The bustle of the city can be felt here.

In La Paz, you have all the benefits of being in a city, with the coastline of a stunning resort destination. This is a place that’s being discovered. Somewhere with a bright future.

Cozumel

Lying only 12 miles offshore from Playa del Carmen, the island of Cozumel is about 30 miles long and 10 miles wide. But this small space has a lot packed into it.

The coastline is typical of a Caribbean island. And the water is so clear, you can see reefs, rock formations, and vividly colored tropical fish just offshore.

The island is in the midst of the world’s second-largest barrier reef, making it a haven for scuba divers and snorkelers. The beaches are spectacular and pristine as well, especially in the protected area that covers much of Cozumel. Kayaking and paddleboarding are also popular.

The Cozumel coast is lined with hotels and resorts. And you can snorkel right off the shore

There is a busy malecón, or boardwalk, running along the shoreline near the ferry terminal and cruise ship docks in San Miguel, which is where the bulk of the population calls home. Arriving by boat, you’ll find a vast array of tourist-oriented shops, restaurants, and bars.

With over 300 restaurants, delicious meals of all varieties are easy to find. You can buy a couple of fish tacos for about $5 and wash them down with a $2 local brew, or splurge on an elegant steak and lobster dinner by the sea.

A few blocks inland will put you into local neighborhoods, where small houses and apartments line the streets and groups of uniformed children walk to and from school.

While Cozumel has long been popular with cruise passengers and day-trippers from the mainland, it’s now seeing more interest from wealthy retirees, expats, digital nomads, and the work-from-anywhere crowd…the kind of folks who want to stay for all or part of the year in well-located, best-in-class communities with outstanding amenities. This island is evolving…there’s an opportunity here.

Puerto Escondido

The state of Oaxaca is a remarkable area of the southern Pacific coast and Puerto Escondido is its crown jewel.

The popular surfing destination exemplifies the affordable Mexican coastal lifestyle that lures so many to the country. Beautiful, with friendly people and a rich history, it truly makes for a wonderful place to visit… and to consider for a transplant into a life of leisure.

There is real bohemian vibe that runs through this community.

Puerto Escondido is a low-key bohemian haven popular with surfers.

Whether for retirement, vacationing, or world-class sporting activities, Puerto Escondido has much to offer. And now, this place is on the cusp of a transformation.

Money is pouring into Oaxaca state. A major Path of Progress is moving along this coast. (A Path of Progress is anything that makes a place easier to get to or more desirable, like a new road or 5-star resort.)

In 2023, the government committed $4.6 billion to new infrastructure in Oaxaca state.

Thousands of miles of new roads and highways are in the works. There’s a brand-new highway linking Oaxaca and Puerto Escondido. And the international airport at Puerto Escondido is being expanded and remodeled to serve an expected surge in visitors. The new facilities are scheduled to open soon. Plans for the airport are to quadruple passenger numbers in the next few years.

This place has a bright feature…

The locations above are just three of the seven incredible destinations that I’ve highlighted in The Real Estate Buyer’s Guide to Mexico.

You can read all about the four other places that I think are the best locations to own real estate in Mexico in the full report, which I’ll be sending you on Thursday.

P.S. Do you have a destination in Mexico that you love…a place you’d like to read more about…somewhere there you’d like me or my team to scout? I’d love to hear about it. Drop me a line here and tell me about it.

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Transparency is important to us. So you should know that properties and development projects detailed in this website and in Real Estate Trend Alert (RETA) may be clients of Pangaea Limited trading as Pangea, a real estate advertising company managed by Ronan McMahon [and Margaret Summerfield]. Should you purchase one of the properties, Pangaea may receive an advertising fee from the real estate developers, real estate agents and/or property owners. International Living Publishing Limited (“International Living”), which publishes RETA, and certain marketing companies who work with Pangaea may receive a portion of that fee. MoXi is the brand name for a group of companies organized in Mexico and the United States which offers mortgage loan origination services, including on some properties detailed by Pangea, and is in the same group as International Living.

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