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You must be a Mexican citizen to own coastal property in Mexico. Otherwise it is a 99 year lease. There are plenty of American citizens that are enjoying life down there, but be aware that there are a few horror stories.

These horror stories are the results of people buying property from Mexican lawyers who did not have the rights or the ownership of these properties. Subsequently, there were kicked out.

My wife is from Mexico and we spend a lot of time down there, and we love it. How ever I never plan to retire down there so I'm better off renting for a week or two than buying anything. She can own coastal property down there and we have discussed possible income and investment property. The values are rising as property on the coast of Mexico never goes down in value.

If you want to retire it's worth checking out. If your looking for a vacation home make sure you have the title thoroughly checked out and you'll need to keep it rented while you aren't there as there are squatters rights in Mexico also.

Thanks, we hve most of the finer points researched. there is regular work-in help (maid, handyman etc) from the current owner (who will still live near by) We will have US title insurance also. The current owner is a Mexican licened RE agent & broker. The tile would be held by the federal bank of Mx, right in La Paz for $400/year - We could easily have it rented to company employees for 6 months of the year, (arm's length) not as a perk.