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Real Estate in Zihuatanejo, Mexico | Digital Nomad Exchange
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Zihuatanejo, Mexico

Real Estate in Zihuatanejo, Mexico

By Joshua Wood, LPC

Last updated on Jul 08, 2024

Summary: Expats and retirees talk about real estate in Zihuatanejo, Mexico? How do you find a home in Zihuatanejo? Should you buy or rent? What is the cost of housing?

Welcome Home Mexico
Welcome Home Mexico
Welcome Home Mexico
Welcome Home Mexico

How do I find a place to live in Zihuatanejo?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Zihuatanejo, involves several steps. First, you need to determine your budget and what type of accommodation you're looking for. This could range from a small apartment to a large house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Zihuatanejo to find one that suits your lifestyle and preferences. Some people might prefer a quiet, residential area, while others might want to be closer to the city center with its shops, restaurants, and nightlife. Once you have a good idea of what you're looking for, you can start your search. There are several online real estate platforms that list properties for rent or sale in Zihuatanejo, such as Vivanuncios, Inmuebles24, and Zillow. These websites allow you to filter your search based on location, price, size, and other features. In addition to online searches, you might also want to consider hiring a local real estate agent. They can provide valuable insight into the local market, help negotiate prices, and guide you through the legal process of renting or buying property in Mexico. Visiting Zihuatanejo in person before making a decision is also highly recommended. This allows you to see the properties in person, get a feel for the different neighborhoods, and meet potential landlords or sellers. It's also a good opportunity to check out local amenities, such as supermarkets, schools, and healthcare facilities. Finally, once you've found a place you like, make sure to thoroughly read the rental or purchase agreement before signing. If you're not fluent in Spanish, it might be worth hiring a translator to ensure you fully understand the terms and conditions. Remember, finding a place to live in a new city or country can take time, so it's important to be patient and not rush the process," said one expat in Zihuatanejo.

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What is a typical expat home or apartment like in Zihuatanejo?

"A typical expat home or apartment in Zihuatanejo, often boasts a blend of traditional Mexican architecture and modern amenities. The homes are usually spacious, with open floor plans that allow for plenty of natural light and air circulation. Many homes feature terracotta tile floors, high ceilings, and large windows or glass doors that open onto private balconies or patios. The living areas are often furnished with comfortable, locally made furniture, and the walls are adorned with vibrant Mexican artwork. The kitchens are typically equipped with modern appliances and ample counter space, often featuring beautiful tile work. Many expat homes in Zihuatanejo have outdoor living spaces, such as courtyards or rooftop terraces, which are perfect for enjoying the warm, tropical climate. These outdoor areas often have lush gardens, swimming pools, or even outdoor kitchens for al fresco dining. The bedrooms are usually large and airy, with en-suite bathrooms that often feature walk-in showers and hand-painted tiles. Some homes may also have additional amenities like air conditioning, laundry facilities, or even a private garage. Despite being equipped with modern comforts, these homes often retain a distinct Mexican charm, with colorful exteriors, rustic wooden doors, and traditional tiled roofs. They are often located within walking distance to the beach, local markets, and restaurants, offering expats a convenient and enjoyable lifestyle in Zihuatanejo," remarked one member in Zihuatanejo.

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Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

Learn MoreGet Quote

AGS Worldwide Movers

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

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What is the average cost of housing in Zihuatanejo?

If you are thinking about moving to Zihuatanejo, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Zihuatanejo can vary greatly depending on the location and size of the property. For a one-bedroom apartment in the city center, the monthly rent can be relatively affordable. However, larger apartments or houses in more desirable locations, such as beachfront properties, can be significantly more expensive. If you're looking to buy property, small condos start at a moderate price, while luxury villas with ocean views can cost considerably more. It's important to note that these are average prices and actual costs can vary," said one expat who made the move to Zihuatanejo.

Should I buy or rent a home in Zihuatanejo?

If you have not spent a lot of time in Zihuatanejo, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Zihuatanejo, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Zihuatanejo for a long period or frequently visit, buying a home could be a good investment. Owning a property allows you to have a permanent base, gives you the freedom to customize your space, and could potentially provide rental income if you choose to rent it out when you're not there. On the other hand, renting a home in Zihuatanejo might be a better option if you're not planning to stay long-term or if you prefer not to have the responsibilities and costs associated with homeownership. Renting can offer more flexibility, as it's easier to move if your circumstances change. It also allows you to avoid property taxes, maintenance costs, and the potential risk of property value depreciation. It's also important to consider the real estate market conditions in Zihuatanejo. If the market is favorable for buyers and you have the financial means, buying could be a wise decision. However, if property prices are high or if there's a lot of uncertainty in the market, renting might be the safer option. Lastly, you should also consider the legal aspects of buying property in Mexico as a foreigner. Mexico has specific laws regarding foreign ownership of property, especially in coastal areas. Therefore, it's crucial to get legal advice before making a decision. In conclusion, both buying and renting a home in Zihuatanejo have their pros and cons. It's essential to carefully consider your personal situation and get professional advice before making a decision," said one expat who made the move to Zihuatanejo.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Contribute to Mexico Network Contribute
Help others in Mexico by answering questions about the challenges and adventures of living in Mexico.

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