BUYING PROPERTY IN MEXICO

Food for thought:

"...In addition to Mexico’s lower land costs, construction costs are lower, maintenance is inexpensive, and ownership costs (taxes and utilities) are extremely low. A person can live comfortably on the savings from property taxes alone.
For example, in most areas of Mexico, property taxes are approximately 0.1% so, for a $1,000,000 home, one would pay about $1,000 per year. In Florida, property taxes are about 2.5% or $25,000 on a million dollar home. So, with the $24,000 annual difference in property taxes, one could hire a maid, pay the utilities, buy groceries, and still have money remaining..."

If you are thinking of buying property in Mexico, consider this!