How Much is a House in Mexico if You’re Buying in Popular Expat Zones?

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If you are thinking of moving to Mexico or investing in property, areas like Huatulco, Puerto Escondido, Yucatan State, and Mazatlán offer incredible opportunities for buyers looking for a balance of affordability, lifestyle, and potential for appreciation.

Let’s take a closer look at what you can expect in these regions.

Huatulco: A Hidden Gem on the Oaxaca Coast

Huatulco is known for its nine beautiful bays and over 30 pristine beaches, making it a perfect destination for those who want a quieter, more relaxed coastal life. The area is also notable for its focus on sustainable development and low-density living.

• Beachfront Condos: You can find condos near the beach at an average price of $286,000 USD, or with ocean view at an average of $580,000 USD and an average of $693,000 for a beach front condo.  
• Ocean-View Homes: Single-family homes with ocean views, average pricing runs around $790,000 USD, to a home without view averaging $567,500 USD significantly less than similar properties in Mexico’s more commercialized beach towns.
• Luxury Villas: High-end properties in gated communities or those directly overlooking the ocean or with beachfront access average $1.2 million USD, offering exclusivity at a fraction of the cost of places like Puerto Vallarta.

 

Puerto Escondido: Surf Culture and Natural Beauty

Puerto Escondido is a favorite among surfers, digital nomads, and those looking for an authentic Mexican beach town vibe. Its laid-back atmosphere and thriving local culture make it an appealing destination for both short-term visitors and long-term residents.

• Affordable Houses: In the town center, you can find homes starting from as low as $100,000 to $250,000 USD, making Puerto Escondido one of the most budget-friendly coastal destinations in Mexico.
• Beachfront Properties: Average costs for condos with no view run around $212,000 USD, for condos with a view about $358,000 USD and a beach front condo at an average of $495,000 USD. For homes, average prices range from $489,323 USD for a home without view to $828,000 for ocean view homes to $1.2 million for beach front homes, offering a more affordable alternative to higher-priced regions.
• Investment Potential: As Puerto Escondido grows in popularity, property values are steadily increasing, making it an excellent place for investors looking for long-term gains.

Yucatan State: Colonial Charm and Cultural Richness

Yucatan State, with Merida as its capital, offers a blend of colonial architecture, vibrant culture, and a warm climate. It’s increasingly popular with expats seeking a unique mix of tradition and modern living.

• Colonial Homes in Merida: Historic properties in the city center can start as low as $250,000 USD. Restored colonial houses with beautiful courtyards and modern updates generally range from $200,000 to several million dollars. 
• Suburban and New Developments: In the outskirts or newer areas of Merida, you can find larger, modern homes for $100,000 to $300,000 USD, offering more space at a lower price.
• Beachfront Properties in Progreso: Just a short drive from Merida, beachfront homes in Progreso are available from $150,000 to $400,000 USD, providing a great seaside lifestyle without breaking the bank.

Mazatlán: Pacific Coast Living with Old World Charm

Mazatlán, often called the “Pearl of the Pacific,” is known for its golden beaches, historic Old Town, and vibrant culture. It’s one of the most affordable coastal cities in Mexico, making it attractive to retirees and investors alike. The list below highlights average pricing for 2-bedroom, 2-bath condos in Mazatlán’s different neighborhoods.

• Condos Downtown & Golden Zone (No View): Condominiums in Mazatlán with now views in these zones have an average price of $235,000 to $245,000 USD.
• Malecon Ocean front condos: Typical average about $310,224 USD.
• Golden Zone Beach front: High-end condos average about $ 514,971 USD. 
• Marina Mazatlán: Condos with marina views average about $294,677 USD.
• Cerritos: Ocean view condos average $278,573 USD.

Why Huatulco, Puerto Escondido, Yucatan State, and Mazatlán Stand Out

These destinations offer not only more affordable entry points for property buyers but also diverse lifestyle options that appeal to a wide range of tastes. Whether you’re looking for a colonial city vibe, a beach-focused lifestyle, or a mix of both, these areas provide excellent value compared to more well-known expat hubs.

Comparing to other Expat Hotspots:

While places like Puerto Vallarta, San Miguel de Allende, and Playa del Carmen continue to attract expats, they come with significantly higher price tags. For example:

• Puerto Vallarta: Two-bedroom condos can easily range from $200,000 to $500,000 USD and houses with views exceed $560,000 USD.
• San Miguel de Allende: Colonial homes in the Centro Historico typically start at $500,000 USD, with luxury properties reaching several million dollars.
• Playa del Carmen: Condos near the beach range from $250,000 to $700,000 USD, with high-end properties in gated communities exceeding $1 million USD.

Compared to these prices, Huatulco, Puerto Escondido, and Mazatlán not only offer more accessible entry points but also hold great potential for future growth and investment returns. Buyers in these areas can enjoy a similar quality of life and lifestyle amenities without the steep price tags associated with the more crowded and developed expat destinations.

When choosing where to buy property in Mexico, Huatulco, Puerto Escondido, Yucatan State, and Mazatlán should be at the top of your list. These areas provide exceptional value, diverse living experiences, and a chance to invest in regions that are on the rise. For those looking for a blend of affordability, culture, and natural beauty, these destinations offer a compelling alternative to the well-trodden paths of Mexico’s more famous expat zones. If you’re ready to make the move to Mexico, talk with our agents at Bayside Real Estate.