So you have decided that Mexico is the right place for you to spend your retirement years. That’s no surprise as Mexico is the number 1 retirement destination in the world for Americans and Canadians in their golden years because of the affordable cost of living, excellent health care, security and climate. To top it off, Mexico was also recently ranked #2 on the World Happiness Scale. So what are some things that you should be considering before buying a retirement home in Mexico to ensure that it right for you?
- Location: Mexico is a big country with a lot of options for retirement living aboard. Spend time vacationing (more than once and at different times of the year) to be sure that your first choice is really your best choice. For example, some may find the summers in Puerto Vallarta to be too humid, some may find the winter nights in Los Cabos to be too chilly, some may not like the tourist bustle of Playa del Carmen in high season, some may find Huatulco to be too sleepy.
- Accessibility: That charming second story walk-up might seem ideal now, but a building with an elevator or a ground floor apartment maybe be a better option for future years. Does the pool have a ladder or a shallow section? Are the doorways wide enough to accommodate a wheelchair should one be necessary in the future?
- Walkability: Don’t assume that you will always be able or comfortable driving in the future. Is your potential retirement property centrally located? Is public transit easily available?
Thinking ahead means that you will be able to purchase a retirement home in Mexico that will be the ideal place to spend your senior years. Talk to MEXLend about home financing options in Mexico that will make your retirement dreams a reality.
Click here to learn more about home mortgages in Mexico from MEXLend.