Description of Mexico
Boasting unrivalled history, the kind of year-round weather the world envies and stunning natural beauty to boot, it’s little wonder Mexico has become such a popular choice for expats, travellers and investors alike. Tourist hotspots like Cancun and Acapulco are in explosively high demand for most of the year and represent strong prospects for vacation rental properties. Even in the face of a slow-moving US housing market – the Mexican market being largely reliant on the US – things have been improving consistently and overall economic growth remains encouraging. Mexico has a reputation for being a relatively easy country to buy into with relatively average transaction charges and somewhat high taxes imposed.
Current Property Prices in Mexico
How to Buy Overseas Property Safely
Key Facts:Currency: MEXICAN PESO
Time Zone: UTC-8
Capital: Mexico City
GDP: $1.327 trillion