Luxury Condos for Retirement at Villa La Estancia Residences

Pros and Cons of Luxury Condos for Retirement

As retirement approaches, you might be considering the possibility of downsizing and/or moving abroad to enjoy your golden years. If you are, then Mexico is certainly one of the better options for American and Canadian retirees as it’s close enough to home for cheap flights and the cost of living is much lower.

In fact properties are so affordable in Mexico that you might even find yourself up-sizing, or at least upgrading, to luxury condos for retirement! There are more than a few benefits to living in Mexico as an ex-pat, but in the interest of giving you all the knowledge that you need to make an informed decision we have made this list of the main pros and cons of living in luxury condos for retirement in Mexico.

    Pros

  • You’ll find that you can keep your independence longer in Mexico; maid, handyman and gardening services are much more affordable here.
  • Most luxury condos in Mexico have 24 hour security.
  • Facilities will be wheelchair accessible and will most likely include spas, gyms, pools and restaurants.
  • You’ll likely be surrounded by a like-minded community with the same ideals as you.
  • Maintenance costs will be shared amongst all residents and so will be lower.
  • The more luxurious condo complexes will have concierge services, too, so you will be able to get the help and support you need at a moment’s notice.
  • No need to take the stairs as most complexes will be on a single level or have elevators at all main access points.
  • Cons:

  • You will have to pay regular maintenance fees.
  • Most apartment complexes will be in the more exclusive neighborhoods and so will not be close to large supermarkets. You may need a car.
  • You will not have a personal garden, but you may have access to a communal garden or herb patch.
  • There may be limited or charged access to parking when it comes to visitors.
Attracted to the thought of luxury condos for retirement? Leave your comments below
Real Estate in Cabo

Five Main Points When Choosing Real Estate in Cabo

Many regular Cabo San Lucas vacation lovers of have resorted to purchasing real estate in the hope of maximizing the fun and thrills offered by this top Mexican spot. Such a wise move considering the many options it offers and the benefits one can get from investing in Real Estate in Cabo. Nowadays, Cabo San Lucas is one of the most sought after places for vacation home investments with its market value steadily on the rise.

However, before contemplating on such move, it’s important to know and educate yourself on the five main criteria that will make your purchase a favorable one when opting for real estate in Cabo.

Five main points to consider for real estate in Cabo:

Where

The most essential factor of all when choosing real estate in Cabo is the location of the property. Location will dictate the price of real estate, the value in terms of views and amenities, and the future it holds when it comes to being able to rent or sell the property. A lucrative investment in real estate in Cabo depends on the advantageous location of the property, taking into considering the views, the amenities, access, noise levels, neighbors and so on. In Cabo San Lucas you will a range of prime locations for real estate: properties fronting its blue waters, overlooking a golf course, with view of the mountains, in the busy downtown area. Location will, however have a big impact on the price of real estate in Cabo.

How big?

Size matters, especially if the property will soon house a large family or a group of people. If you plan of permanently settling in Cabo San Lucas in the future, it is worth investing a more spacious villa with 2 or 3 bedrooms. Even if you are not ready to make the move to Cabo, you can rent out your property until you are ready to make it your permanent or winter home.

What’s your view

Many are enticed by owning real estate in Cabo San Lucas just because of the spectacular views one can see from many of its properties. Beach lovers will surely opt for a mansion with a nice balcony overlooking the vast, clear waters of the Sea of Cortez, while nature lovers may love the desert views. The choice is yours.

What does it offer?

Amenities are an important factor to think about when selecting real estate in Cabo. The property of your dreams centers on the things you love to do and enjoy. Golf enthusiasts will likely look for a property near a world class golfing facility. Nocturnal people will consider one that’s near bars and touristic night establishments, while beach goers will be fulfilled occupying a beachfront villa.

How long will you be spending in your Cabo Property?

How much time you can dedicate to spending in your property will also have a bearing on the kind of real estate in Cabo that appeals. If you are not likely to make regular extended use of your property, then renting or a fractional real estate purchase could be more beneficial to you. Howevers, if you are planning to spend the winters, or regular getaways each year to your Cabo property, then full ownership is recommended.

Financial opportunities

If you are looking at the business and investment side of purchasing real estate in Cabo, Cabo San Lucas is an excellent choice; you will never be short of visiting tourists, so you’re assured of renters anytime. Also, the exclusivity of Cabo is such that house prices are going to continue to rise, so now is the best time to invest.

Relocating to Puerto Vallarta and Riviera Nayarit

What’s the Deal with Relocating to Puerto Vallarta and Riviera Nayarit

A dream come true for some is the opportunity to live in Puerto Vallarta and Riviera Nayarit. Relocating to one of Mexico’s most remarkable locations is a lifestyle change that few are able to experience and can be a significant change to your life. If you are coming from a foreign country like the United States or Canada a move like this can be a very challenging experience for all.

Set out below are some useful tips to help you settle in when you arrive in Puerto Vallarta and Riviera Nayarit.

Where are you going to live?

During your first week or so after relocating to Puerto Vallarta and Riviera Nayarit, if you don’t have any friends or family to move in with, it may be advisable to stay in a cheap hotel or a short term rental. This will help you to get used to your new surroundings and give you time to figure out exactly where you will be working and, more importantly help you decide where you would like to live. You really need to be in Puerto Vallarta and Riviera Nayarit while trying to find a place to live. Viewing properties and gathering information from other expats can help you find your perfect home upon relocation.

Making your property a home

When you have found your ideal property upon relocating to Puerto Vallarta and Riviera Nayarit, getting, furnishing it can be very exciting. There are numerous interior design stores opening all the time, but to find great deals, original furniture, artwork and great choice you may need to go to Guadalajara, the capital of Jalisco. Bringing your furniture with you from your home country is another alternative.

Education system when relocating with Children

If you have come to live in Puerto Vallarta with your children, relocating can be particularly challenging, but still lots of fun. It is very important that you get them back into their normal routine as soon as you can after relocating to Puerto Vallarta and Riviera Nayarit. For anyone coming over from countries outside of Mexico, there are many bilingual schools, mostly private, to choose from. There are also some fantastic public schools that are available for the Mexican nationals. One thing to concentrate on is to clarify where your child’s school is located as this will have a bearing on where you should live.

Money

As a foreigner, getting a job in Puerto Vallarta or Riviera Nayarit can be difficult. Getting a job with a decent salary is more of a problem. You should therefore make sure that you have some savings to live on whilst relocating to Puerto Vallarta and Riviera Nayarit and looking for employment. With the cost of living much lower in Mexico, it is possible to live on a basis pension from the USA, Canada or Europe.

Got anymore tips to share about relocating to Puerto Vallarta and Riviera Nayarit? Add them to the comments.