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Lake Chapala, Mexico – Retirement Paradise

Posted on : Sep-13-2009 | By : Barbie | In : Ajijic, Best Place to Retire, Chapala, Charlie, Cost of Living, Finances & Money, Living In Mexico & Expat Stories, Price Update, Rent

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I just received a wonderful email from Verl, a retiree who is considering Lake Chapala for his retirement paradise.

Verl writes: “Thanks for your correspondance. We are planning a trip in July to possibly purchase in the Lake Chapala area. It is difficult from here to get the real scoop on the most desirable retirement spots and then the best neighbourhoods, we’re shooting in the dark.  And we think we should purchase now before prices go through the roof.”

And so, I introduced him to Charlie after assuring him that to hurry the process is not wise – prices have leveled off just as they have in the States – relax – shop around.

Charlie has  rented a three bedroom, two bath home, with a maid’s casita and bath, garage, patio and nice yard about 30 miles south of Ajijic on the other side of the lake for $200 a month.

He lives in Ajijic while looking for a permanent place and paid the Ajijic prices for everything and out here it is about half.  Even the food, and pharmacies are cheaper because it seems that here everything is priced for the economy of the town.

A few months with the Gringos in Ajijic and it was an easy decision, Charlie said. It wasn’t an economic move but being away from the Gringos who do drive the prices up where ever they go it certainly turned out that way.

You may remember the article in AARP magazine that offered Lake Chapala at $800 a month. Well the Gringos drove it up to an easy $1200 to $1400 a month.

Well, Charlie is here to tell you that if you don’t desire the hubbub of the crowd and you don’t mind a 25 or 30 minute drive to the larger towns tell your folks that $800 a month is a breeze.

He writes, “You know the climate & beauty here, the people in the country, like in the U.S., are more friendly and helpful than city folks and the only thing we don’t have out here is the noise of the city.

 ”My advice to a prospective person coming to Mexico is to rent for a few months and look around for what fits their economic and social desires. There is something here for every one. In my community I don’t spend or act like a Gringo and I am accepted as a member of the community.”