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Real Estate in La Paz, Mexico | Expat Exchange
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Real Estate in La Paz, Mexico

By Joshua Wood, LPC

Last updated on Jun 15, 2024

Summary: Expats and retirees talk about real estate in La Paz, Mexico? How do you find a home in La Paz? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in La Paz?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"To find a place to live in La Paz, you can start by researching online on websites such as Airbnb, Vrbo, and local real estate websites like Baja Sur MLS and La Paz Bay Rentals. These websites offer various options, including apartments, houses, and vacation rentals. You can filter your search based on your preferences, such as location, budget, and amenities. Another option is to join local Facebook groups or online forums dedicated to expats and locals living in La Paz. These groups often have members who share rental listings and can provide valuable advice on the best neighborhoods and rental agencies to work with. Once you have shortlisted a few potential places, it's a good idea to visit La Paz and explore the neighborhoods in person. This will give you a better understanding of the local culture, amenities, and safety of each area. You can also visit local real estate agencies and ask for their assistance in finding a suitable place to live. When you find a place you like, make sure to carefully review the rental agreement and clarify any questions or concerns with the landlord or rental agency. It's also a good idea to ask for references from previous tenants to ensure that the landlord is reliable and trustworthy. Finally, before moving in, make sure to inspect the property thoroughly and document any existing damages or issues to avoid any disputes with the landlord later on," remarked one foreigner who made the move to La Paz.

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Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
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What is a typical expat home or apartment like in La Paz?

"A typical expat home or apartment in La Paz, is likely to be a spacious, well-furnished property with modern amenities and a blend of Mexican and contemporary design elements. These homes often feature open floor plans, large windows for natural light, and outdoor living spaces such as patios or balconies with views of the surrounding landscape or the Sea of Cortez. Many expat homes are located in gated communities or condominium complexes, offering added security and access to shared facilities like swimming pools, gyms, and social areas. Some properties may also include features like air conditioning, high-speed internet, and off-street parking. Proximity to local shops, restaurants, and recreational activities is often a priority for expats, so many homes are situated within walking distance or a short drive from these amenities," remarked one member in La Paz.

Welcome Home Mexico

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Welcome Home Mexico

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What is the average cost of housing in La Paz?

If you are thinking about moving to La Paz, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in La Paz, can vary depending on the type of property and location. Generally, the prices for renting an apartment or house in La Paz range from affordable to moderately expensive. For instance, a one-bedroom apartment in the city center may cost around $300 to $500 per month, while a three-bedroom apartment can range from $600 to $1,200 per month. If you are looking to purchase a property, the average price per square meter in the city center is around $1,000 to $1,500, while outside the city center, it can be around $600 to $1,000 per square meter," said one person in La Paz.

Should I buy or rent a home in La Paz?

If you have not spent a lot of time in La Paz, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in La Paz, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in La Paz for an extended period and have the financial means, buying a home can be a good investment, as it allows you to build equity and potentially benefit from the appreciation of property values. Additionally, owning a home provides stability and the freedom to make changes to the property as you see fit. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting may be a better option. Renting a home in La Paz allows you to explore different neighborhoods and types of properties without the commitment of homeownership. It also provides the opportunity to save money for a future home purchase or other investments. Furthermore, renting can be a more affordable option in the short term, as it typically requires less upfront costs and maintenance responsibilities. Ultimately, the choice between buying and renting a home in La Paz, Mexico, should be based on your individual needs, financial situation, and lifestyle preferences," said one expat who made the move to La Paz.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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