Introduction
Are you looking for a chance to live your dream and rent a house long-term in Mexico? Well, look no further! In this video, I'm sharing with you how to rent a house long-term in Mexico, for under $1000.
Today, I will share the things that I look for when evaluating a home for my coaching or neighborhood tour clients.
#meridamexicorentals #meridamexico #househuntingtips
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Top Videos To Watch:
The Growing Black Expat Community In Merida Mexico:
youtu.be/XlmRkvz-lco
Bring This When Moving to Mexico:
youtu.be/Fpahw91r_Ws
Don't Buy Home In Merida Before You Know This:
youtu.be/mI1yLzT3IXw
Cost of Living In Merida Mexico 2021:
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The Real Cost Of Electricity in Merida Mexico
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Top 3 Things I Hate About Living In Merida Mexico:
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Video
What is good Mexit Planners moving to Mexico comes with lots of challenging problems to solve.
One of the first big challenges is finding your long-term rental in Mexico, when looking for a long-term rental, you should be guided by the four key principles: your lifestyle, your budget, the location of the property and the landlord which, in my opinion, is probably the most important in the first section of the creating your Mexit Plans course.
We explore the topics of lifestyle and budget in later sections of the course.
We cover how to find a great long-term rental check out the course outline and the free preview lessons in the link, above and in the description notes below.
However, today I want to start a new series that takes some of the mystery and uncertainty out of finding a long-term rental in Merit of Mexico.
Today, we're going to do a house tour of a Mexican plans, approved property in this series, we'll walk through a house together and I'll, discuss the things that I look for when assessing a property.
For my coaching or tour clients.
I will also share the location and price of this rental.
For those moving to Merida soon, let's take the mystery out of renting long-term and mayor to Mexico.
Let's get it [Music] today we're going to see a beautiful home in the neighborhood of jardin's Del Norte in Merida.
This is a quiet neighborhood on the northeast side of Merida, located very close to the Alta Brisa Mall star Medica and the Uptown Center's Walmart.
The house is conveniently located two blocks away from a lavenderia and minutes away from one of the large fitness centers Club sportway Parton's Del Norte neighborhood also has quick access to the periferico, which is the perimeter or the expressway around Merida, making it very easily accessible to other parts of the city.
You are only about a 12-minute car ride to services such as Costco or Sam's in two additional malls, the galleria's mall and the harbor mall.
So let's go in and check out the house.
The first thing you'll notice about this house is that it's completely private and surrounded by a wall.
As soon as we open the door, we see Green Space to the left, a garden area and then to the right.
We have this wonderful area over to the garage.
This area is also very shaded with those tall Palms, but then you have this huge two-car garage, which is covered by a shade called a malasumbra, and this shade is awesome in the Yucatan.
It provides excellent coverage.
As you can see, the sun is directly over and this whole cover tile garage floor.
Our patio floor is is shaded, so it's really really nice.
This house also features uh grass, which is really nice for having small pets.
If you have a small dog, that's nice for the dogs, but it features a really long pool which is kind of atypical here in the Yucatan.
This pool is probably eight feet deep and it's about 15 feet long, which is pretty impressive.
Normally the pools are at least a half half this size, but I want you to look at the big patio to the right of the pool, just on the opposite side of the pool.
That is a great area for entertaining and barbecuing, and it has a ceiling fan over it.
So it's a wonderful outdoor space just to hang out by the pool and really enjoy the outside yard.
Let's head back to the front of the house and look at this second Garden area, there's a bench that you can sit down, but this leads over to the service area and there's a room that I'm going to show you at the end up top.
But this is where your hot water heater, which is a pretty nice hot water heater for this size, as well as your green, the green canisters, your gas, your natural gas and then you have your service entrance.
So people can actually enter the house from the left hand side here and not have to go through the house.
This leads back to the main patio, the back patio, which is really spacious and again with some nice outdoor furniture.
This is a great place to have breakfast or just to hang out, but one of the cool things is.
This has a full bathroom, with the shower, sink toilet um outside accessible to the pool, as well as to the room on the left, which is the service room where this would be a great office.
If you added air conditioning or you could use it for storage, it already has a fan or we've seen all the outdoor space.
Let's go through the front entrance and as soon as we open the front door, we're greeted with the family room, which is a very nice spacious room.
It is a furnished house, so you have some furniture already in place and just to the left of the front entrance is the half a bath for your guest.
Now the family room is super spacious.
You have a spot to put your television over there where the speaker is.
This house is an open concept, so you have it flows directly into the dining room area where you have a six person, dining room table and the views from this house are incredible.
It overlooks the patio as well as the pool and as you can see.
I like to call this house the natural Lighthouse one of my favorite Parts about this house is the kitchen with all of the granite countertops and you have tons of Cabinetry, which is unusual for the Yucatan and a gigantic refrigerator, American style refrigerator.
But it is very unusual to have Cabinetry in a home in the Yucatan.
Normally all of your dishes and things are exposed, so you can see the Great AI that this house provides.
One of the cool things about this house is that every window has a pull down shade, which is really nice, as you can see here, the pull down shade.
Also, this house has Fiber Optic internet and there's an AC unit large enough to cool this whole area from the family room, as well as the dining room area, which is really nice.
Having Fiber Optic internet is huge because that gives you the best speed of internet.
Let's continue upstairs and as we go upstairs, there's a small Landing as we approach the top of the landing.
You have your two bedrooms that are upstairs.
You have your first bedroom, which notice all of the storage space.
You have cabinets and drawers a built-in desk, an AC unit and great views in this room.
This is a great room for a child or an office space.
This area is the update upstairs area that I've talked about notice, all the great natural light and the cool views that you can see from this area.
We'll come back to this area a little bit later, but to the left here is the master bedroom, which features a king-size bed, more storage, great views and an AC unit.
Um again, this is a really spacious room and as we leave that room, we're entering the full bathroom, that's upstairs.
So here we have a full bathroom with a wonderful shower.
This house is, has pressured water, so it has a pump designed for water pressure, which is really nice.
I tested that the first time I visited this house, and so it's really nice.
It has great water pressure and then to the left of the bathroom is where I would have my morning, coffee, so I'd go down.
Make me some coffee and hang out on this patio.
That's completely private um! It's it's covered and you can just hang out, listen to the birds and drink your morning, coffee put a little bistro set out here and you're you're all in good shape.
So this is one of the nicest features of the house headed back downstairs.
We um can just kind of go through and walk out to the back patio, so we see the Sala again and we walk out to the back patio, which is again ideal for having breakfast on the patio grilling or entertaining.
You actually have two really nice entertainment spaces, either this patio with a pool or the garage, if you don't have a car, if you're interested in renting this house reach out to Jonathan Torres at the context below now.
This property is renting for 17 000 pesos and includes weekly housekeeping, which is another major problem solved when moving to Merida is you don't have to try to find a Dependable person to rent this house? You'll need to have the first month's rent, a security deposit and any contract fees? If you have large pets or lots of pets, you may also be required to pay a pet deposit.
Tell me what you thought about the place leave me comments below and let me know if you like this series until next time: Mexit Plans, Monte, "I'm, Out".
FAQs
What's the average rent for a house in Mexico? ›
| Expense | U.S. $ |
|---|---|
| Rent (furnished, two-bedroom home) | $750 |
| Electricity | $35 |
| Water | $30 |
| Gas | $30 |
The requirements and documents that the landlord will ask of you to rent a property will vary. However, the most common ones are the following: Proof of identity: You can use your passport or your ID card. Proof of residency: Documents issued by the Mexican authorities, if you are a foreigner (FMM form)
What is the best website to find apartments for rent in Mexico? ›Searching for Mexico home rentals online
The most popular sites to search properties and connect with owners or the agents representing them are Vivanuncios, InMuebles24, MetrosCubicos and Homie.
In the more upscale neighborhoods, such as Polanco, renting a one-bedroom apartment can average around $1,200 USD per month, while a two-bedroom apartment might range between $1,800 USD and $2,500 USD per month.
Can you live comfortably in Mexico for $1000 a month? ›One can live in Mexico on $1,000 a month or even less quite easily. In fact, locals live on much tighter budgets. As a foreigner, you will see that pretty much everything costs less than in your home country. Rent, food, transportation and healthcare in Mexico are much cheaper than in the US, Canada or Western Europe.
What city is the cheapest to rent in Mexico? ›Puebla is one of the cheapest places to live in Mexico. The monthly cost of living in Puebla starts from around $1,150 USD depending on your lifestyle choices. This includes rent, groceries, eating out, activities, coffee, and more.
What is the safest place in Mexico to live? ›The city in Mexico considered the safest with the lowest crime rate is Merida, located in Yucatan. It's also one of the most affordable cities in Mexico, making it a popular destination for retirees and expats. Merida's low crime rate makes it an excellent choice for visiting or living.
How long can a US resident live in Mexico? ›Can Americans Legally Live in Mexico? By law, American tourists can stay in Mexico for up to 180 days. For many snowbirds and retirees, around six months is more than enough. They head south for the chilly winter months and come back to enjoy spring and summer stateside.
How long can I stay in Mexico as an American? ›Mexico's visitor visa allows entry into the country for leisure or business visits lasting maximum 180 days. The immigration official at the port of entry will grant a specific number of days (not exceeding 180) when you arrive in Mexico.
Can you negotiate rent in Mexico? ›Can I negotiate the rent with the landlord? The exact terms on which you take a rental property will be agreed in conversation with the landlord or agent - so it's okay to negotiate on the rental cost. It's not seen as rude in the slightest.
How much is rent in Condesa Mexico City? ›
The Condesa neighborhood is considered one of the most beautiful and popular in Mexico City, the average cost of renting an apartment is around 19,000 pesos per month.
Do most people own or rent houses in Mexico? ›Mexico: share of households 2020, by housing tenure
In 2020, more than two thirds of all Mexican households owned their houses. Meanwhile, over 17 percent of household lived in rented property. In the first quarter of 2021, Mexicans paid on average 1.3 million Mexican pesos to acquire residential property.
Polanco is often called the "Beverly Hills of Mexico", having one of the country's densest concentrations of luxury shopping, with the most upscale restaurants, high-net-worth individuals, upscale hotels, and diplomatic missions and embassies. It is one of the most expensive real estate markets in Latin America.
Can you live in Mexico on $3000 a month? ›“On average, you can live a very comfortable life in Mexico with a budget of $1,500 to $3,000 per month,” said Gene Caballero, co-founder of GreenPal. “This would cover your housing, meals, utilities, healthcare and even some entertainment and leisure activities.”
How much is rent in Mexico in US dollars? ›The monthly rent for a one-bedroom apartment in an average area of Mexico City will cost about USD$400-$500. In a nicer area, expect to pay around USD$680-$830 per month. As in most cities, going outside the city center will allow you to spend less.
Can I live in Mexico and get paid in dollars? ›Is it easy for me to get paid in mexico? The government of Mexico establishes that Mexicans must get paid in Mexican pesos through government approved banks. Employees may convert their salaries afterwards but cannot receive payment in American dollars.
What is the safest city in Mexico? ›- Merida — Safest City in Mexico & Latin America.
- Puerto Vallarta — Safest Mexico Beach City.
- La Paz — Safest Mexico Beach Town.
- Sayulita.
- San Miguel de Allende.
- Huatulco.
- Puebla de Zaragoza (Puebla City)
- Isla Holbox Island.
Yes, you can absolutely live in Mexico for $1500/month. Many people already do it. The trick is having and sticking to a budget. You'll have to set a realistic budget for a rental, health insurance, groceries, eating out, transportation, and entertainment.
Is it cheaper to live in Mexico or USA? ›The average cost of living in Mexico ($786) is 64% less expensive than in the United States ($2213). Mexico ranked 111th vs 5th for the United States in the list of the most expensive countries in the world.
How much does it cost to live in Puerto Vallarta? ›🏘️ Cost of living in Puerto Vallarta Mexico: rent/housing
For those looking for a bit more room, two-bedroom apartments start at around $545 USD per month and go up from there. Of course, prices vary depending on location and amenities; if you're looking for something luxurious, expect to pay over $1,500 USD per month.
Where is the cheapest safest place to retire in Mexico? ›
Some of the best places to retire in Mexico on a budget are Chapala, San Cristobal de las Casas, Cabo San Lucas, Merida, and Puebla. It is possible for a couple to live comfortably in Mexico on a budget of $1,100 or less. There are many towns in Mexico with expat retirement communities.
Where do most Americans live in Mexico? ›Expats prefer the Coyoacán and San Ángel areas for their colonial-style homes and vibrant arts scene, along with the Roma and Condesa neighborhoods, which are popular among families and young professionals, according to Daniel Sánchez of Mexico Sotheby's International Realty.
What is the most Americanized city in Mexico? ›Monterrey is Mexico's third-largest city, second-largest industrial center and No. 1 in per-capita income. Often referred to as Mexico's most Americanized city, this economic hub is a bridge between the two North American countries' economies.
How much bank balance is required for Mexico tourist visa? ›Tourist Visa Financial Requirements. Financial Solvency: You must choose options a) or b): Investment or bank accounts with a monthly ending balance of at least 300 days of the current general minimum wage in Mexico City (approx. $2,500.00 USD).
How much money do you need to get permanent residency in Mexico? ›| Residency Type | Multiple: Monthly Income | Multiple: Savings Balance |
|---|---|---|
| Temporary Residency | 300x UMA or MDW | 5,000x UMA or MDW |
| Permanent Residency | 500x UMA or MDW | 20,000x UMA or MDW |
| Dependent Spouse | 100x UMA or MDW | 100x UMA or MDW |
| Dependent Minor | 100x UMA or MDW | 100x UMA or MDW |
If you overstay your Mexico Tourist Card, you must go to an immigration office in Mexico or the immigration center at the airport and pay a fine, which is calculated based on the number of days you have overstayed. Then, you must make arrangements to get an exit visa before you leave.
How long can you live in Mexico with a US passport? ›A visitor visa allows you to stay in Mexico for a period of up to 180 days, provided that you are not carrying out any paid activities.
Can a US citizen move to Mexico permanently? ›To become a permanent resident of Mexico, you must have lived in the Mexican territory for at least four years on a temporary resident card, or you must have been married to a Mexican citizen or permanent resident for at least two years on a temporary resident card.
Can a US citizen live permanently in Mexico? ›Permanent Residency
The process for becoming a permanent resident is similar to applying for temporary residency. It begins at a Mexican consulate abroad and is finalized after you visit an Instituto Nacional de Migración (Department of Immigration) office in Mexico.
Rentals Originating in the United States:
Most locations do not allow travel into Mexico. If you wish to travel into Mexico, you will be required to purchase additional insurance to cover the vehicle while in Mexico.
Can I own a rental property in Mexico if I live in the States? ›
Can an American or Canadian own property in Mexico? It is perfectly legal for an American to own property in Mexico. Beyond the somewhat tedious process of setting up a bank trust (fideicomiso), buying property in Mexico as an American or Canadian is fairly straightforward.
What are the rent laws in Mexico? ›Under Mexican laws, rent generally must be paid once the leased property is delivered to the tenant. Nevertheless, there is an advance payment to the landlord as a security deposit. This deposit generally is the equivalent of one or two months' rent, which may be subject to annual increase.
Can you live on $2000 a month in Mexico? ›You can live comfortably in these areas for $1,500 to $2,000 per month.” Overall, be prepared to spend anywhere from $1,500 to $3,000 a month on your major living expenses in Mexico. Depending on your lifestyle and needs, you might want to set aside more money to cover anything extra or unexpected.
How much does it cost to live comfortably in Mexico a month? ›5 reasons to move to Mexico
US expats in Mexico can expect to live comfortably with a monthly income of $1500 – $2500, sometimes less depending on their location.
As of January 2022, the monthly rent for a one-bedroom apartment in the city center of Mexico City amounted to 632 U.S. dollars, whereas a three-bedroom apartment averaged 1,147 U.S. dollars.
Is 500 pesos a lot in Mexico? ›For traveling (even on a backpacker budget) it is perhaps better to consider what 500 pesos (or $25 will buy). That is enough to rent a car for a way (minus non-specified expenses). It is also enough for dormitory accommodation in some of the cheapest hostels in Mexico City for two nights (around $8 per night).
Where is the cheapest and safest place to live in Mexico? ›However, some of the most affordable and safe cities include Querétaro, Merida, and Guanajuato. These cities offer a low cost of living, a rich culture, and a relaxed atmosphere, making them an excellent option for those looking to live or retire in Mexico.
Can I collect Social Security and live in Mexico? ›If you are a U.S. citizen, you may receive your Social Security payments outside the U.S. as long as you are eligible for them.
What is minimum wage in Mexico? ›| General Daily Minimum Wage in Mexico | Northern Border Minimum Wage |
|---|---|
| MXN $207.44 | MXN $312.41 |
| US $12.09 | US $18.20 |
If you have no desire for creature comforts, you can live on $500 USD per month. In fact, according to Data Mexico the average Yucatan State salary in 2021 is just $5,150 pesos per month — which is about $260 USD. Salbutes are a type of puffy taco that you'll only find in Merida and the Yucatan Peninsula.
How much money does a couple need to live comfortably in Mexico? ›
A retired couple can expect to retire comfortably in Mexico with an average income of about $2,500 a month, or $30,000 a year, according to InternationalLiving.com. These figures include the cost of a house, a maid service, utilities, groceries, entertainment, health insurance and more.
How many pesos is a nice house in Mexico? ›The current exchange rate in Mexico is 18 to the US dollar — so with that in mind — the average house in Mexico can range anywhere from 1.3-million pesos to 18-million pesos, depending on its location, size and amenities.
Why is housing in Mexico so cheap? ›While Mexico is generally safe, you should know that there are high-crime areas in the country and you would normally want to avoid these. House prices in such areas are usually lower compared to prices in safer areas. That's because of the lower demand for properties in these unsafe places.