While the average condo price North Americans are usually looking for is around $250,000 USD, Mexico real estate offers many, many options for condos priced lower than this. The following 3 condos give a very general overview of what you can find for $150,000 in various parts of Mexico.
1. Puerto Vallarta Condo with Oceanview
In a trendy neighborhood just south of the old town, this Puerto Vallarta condo is an excellent deal considering the location. With 2 bedrooms, 1 bathroom, and almost 900 square feet of living space, this condo is a unique opportunity to own at this price in this neighborhood. It is a small complex with only 7 units, and has an over-sized terrace, ideal for patio parties. The kitchen is large, and comes fully equipped, making cooking a pleasure. The shared rooftop terrace has a swimming pool, and offers views of the ocean.
2. Playa del Carmen condo in a Golf-Course Community
This very large one bedroom has 2 bathrooms, over 1100 square feet of construction and double height ceilings in the open-concept dining and living room, with a view of the ocean. It is very well located in a community called Playacar, which is the area's original upscale neighborhood, and is located right next to downtown; both Fifth Avenue (downtown's main tourist street) and the beach are a very short walk away. There is air-conditioning, and large balcony with a jacuzzi. This condo is an excellent opportunity in an upscale community!
3. Cozumel condo with a Beautiful Park View
Accross the strait on the island of Cozumel, this 2 bedroom, 2 bathroom unit has 10 foot ceilings, and is located in an excellent residential part of the city. The condo is located in a new 3 storey building with only 3 units, and has an amazing view of a wonder park, called Corpus Christi Park. The original listing price was $175,000 USD, now reduced considerably for quick sale. Financing is also available; with credit approval and 30% down you can begin enjoying this unit immediately, living near the oceanfront in a beautiful park side neighborhood.
If you are looking for a condo around the $150,000 USD mark, you will be able to find hundreds of other options, throughout the country. Take a look at our Mexico real estate MLS listings to help get an idea of what's available, consider various appropriate areas, and contact an experienced agent to help you find the property best for your needs.
Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of Mexico Real Estate, you can contact him at (512) 879-6546.
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