Could You Afford a Vacation Home in Mexico? Check Out the Prices in These 4 Cities

If you’ve ever tried some locally-made, tableside guacamole in Mexico or enjoyed a day at the Mexican beach, you might have wondered if it’s possible to purchase a vacation home there. After all, what could be better than waking up and enjoying a coffee with a beautiful view?

Mexico has long been a destination for expats for its affordable housing, beautiful scenery, and rich culture. Depending on where you want to live, many cities in Mexico have average home prices well below major cities in the United States.

Learn More: 3 Places To Travel That Are Like Hawaii but Way Cheaper

Find Out: 5 Subtly Genius Things All Wealthy People Do With Their Money

Below are several examples of average home prices in cities across Mexico. Depending on your budget , you might be surprised to find many of these places are within reach. Remember, when considering a place to purchase a vacation home, visit a few times before buying in the area. Speak to other expats living there and learn what life’s like for frequent visitors.

Here are some reasonably priced vacation hubs in Mexico :

Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.

Mexico City

• Average home price: 3,707,700 pesos or approximately $210,533 US dollars

Mexico City is the capital of Mexico and the oldest capital city in the Americas. Founded in 1325 by the Aztecs , the city has culture, museums and great food around every corner. Currently, it’s the most expensive city to call home in Mexico. The average home price is well above the national average of $91,299 US dollars.

One downside of Mexico City is that the prices to live there are nearly double that of the next expensive state to live in, Nayarit. So, if you’re looking for a more affordable vacation destination, consider one of the cities mentioned below.

Puerto Vallarta

• Average home price: 1,719,170 pesos or approximately $97,619 US dollars

Located in the state of Jalisco, Puerto Vallarta is a gorgeous vacation destination. Though the average home prices in Jalisco are under $100,000 US dollars, prices increase the closer you get to more luxurious tourist areas, like Puerto Vallarta. Some condos in Puerto Vallarta with prime ocean views and amenities are listed at $500,000 US dollars, but those are on the high end.

Finding a local real estate agent with experience buying and selling vacation homes to expats can help you discover neighborhoods and gems that might be perfect for you.

Mazatlán

• Average home price: 1,729,570 pesos or approximately $98,210 US dollars

Mazatlán is located in the Mexican state of Sinaloa, and the city is a cultural hub. One of the most prominent cultural landmarks is the beautiful Basilica de La Inmaculada Concepcion, a cathedral located downtown. There are also museums, gorgeous water views, and a theater.

Prices to purchase vacation homes in Mazatán are above the national average, but expats interested in museums, history, and culture will enjoy this city. There are also numerous hikes for more adventurous travelers. One of them is a 45-minute hike to El Faro, a lighthouse, which is one of the most popular views in Mazatlán.

Cancún

• Average home price: 1,670,510 pesos or approximately $94,856 US dollars

Cancún is one of the most popular vacation destinations in Mexico, located in the state of Quintana Roo. The beaches there lead to crystal clear blue water and incredible weather. While many people choose Cancún to relax and have a good time, there are also incredible heritage sites, Mayan temples, museums and renowned restaurants.

Another benefit of Cancún is that it’s near a busy international airport, making it easy to visit on vacation and to travel elsewhere if you decide to make Cancún more of a permanent home. Additionally, Cancun is a large city with around 1 million people living there, meaning you can access many amenities like shopping, internet, and healthcare.

Is Mexico right for you?

Many people want to purchase a vacation home, but in many parts of the world, that’s an expensive dream. However, that’s not the case in Mexico. There, the average home price is around $91,299 US dollars. Contrast to the average home price in the United States, which is $363,438, according to Zillow .

In Mexico, expats have many different cities to choose from, depending on how they want to vacation. There are quaint cities, cities with magnificent views, and cities with incredible museums and cuisines. If you’re interested in buying a vacation home in Mexico, you’ll certainly be able to find at least one city there that meets all your vacation needs.

Note: Data derived from Statista’s report of the average housing price in Mexico in the 3rd quarter 2023, by state .

This article originally appeared on GOBankingRates.com : Could You Afford a Vacation Home in Mexico? Check Out the Prices in These 4 Cities