Real Estate in Guadalajara, Mexico
Last updated on Apr 13, 2023
Summary: The most desirable neighborhoods in Guadalajara, Mexico are Chapalita, Americana, Providencia, and Lomas de San Juan. The average cost to buy a nice 2 bedroom home in Guadalajara is around $150,000 USD, while a nice 3 bedroom home can cost around $200,000 USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and security systems. There are no restrictions on foreign ownership for properties in Guadalajara. An expat looking to buy a home in Guadalajara should start by researching the different neighborhoods and their amenities. They should also consider their budget and the type of property they are looking for. It is also important to consult with a real estate agent who is familiar with the area and can provide advice on the best properties available.
How do I find a place to live in Guadalajara?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"If you are looking for a place to live in Guadalajara, a good place to start is by using online resources such as expat forums and websites like housinganywhere.com. These sites offer listings for rental properties, as well as tips from other expats about the best neighborhoods to live in. Additionally, it’s always a good idea to explore the city firsthand if possible, as there may be gems that are not listed on the internet," said one expat who made the move to Guadalajara.
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What is a typical expat home or apartment like in Guadalajara?
"A typical expat home or apartment in Guadalajara typically features spacious and modern interiors decorated with vibrant colors to reflect the culture and tradition of the area. With large windows that provide natural light and excellent views of the city and its surrounding landscapes, these spaces typically feature open-plan living areas with modern kitchens and bathrooms. Furnishings typically include traditional Mexican décor as well as international styles, ranging from wooden furniture to stylish lounge chairs, creating an inviting atmosphere for expats to relax in," said one expat in Guadalajara.
What is the average cost of housing in Guadalajara?
If you are thinking about moving to Guadalajara, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Guadalajara varies depending on the size, location and amenities of the property, but is generally considered to be more affordable than neighboring cities like Mexico City and Monterrey. Prices for standard one-bedroom apartments can range from around 7,000 Mexican pesos per month to as much as 20,000 and more for larger homes in more desirable areas," said one expat in Guadalajara.
Should I buy or rent a home in Guadalajara?
If you have not spent a lot of time in Guadalajara, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"If you are planning to stay in Guadalajara for an extended period of time, buying a home may be a good option. Buying a home gives you a sense of permanent roots and stability, and you may be able to build equity over the years. However, it is important to take into consideration the cost of buying and maintaining a home, as well as the potential for appreciating property values in the area. If you are not sure about how long you will be staying, renting may be a more suitable option. Renting a home offers flexibility and generally requires less commitment. It may also be a more affordable way to live in the area. It is best to weigh the pros and cons of both options and decide what choice best suits your current situation," said one expat in Guadalajara.
What do I need to know when buying property in Guadalajara?
When we asked expats what advice they would give a foreigner before buying a property in Guadalajara, they said:
"1. Be prepared for a long and complex property buying process. It may take up to six months to complete the transaction. 2. Make sure you enlist the help of a local, experienced real estate professional or lawyer to assist you. 3. Consider seeking out a specialist in Mexican real estate law and understand the country's laws and regulations. 4. Have a professional inspection of the property and understand any local codes that may impact the purchase. 5. Research the property's title history and local development plans to be aware of potential future problems. 6. Understand the local customs and ensure that you follow the appropriate protocol. 7. Have your finances prepared including sufficient funds to cover all applicable taxes, fees and closing costs. 8. Consider getting a reputable mortgage broker to help you understand the loan process and different types of mortgages available. 9. Get a local currency account if you are not a Mexican resident in order to pay your taxes and other costs in pesos. 10. Be aware of the risk of earthquake damage and the laws surrounding earthquake insurance," explained one foreigner living in Guadalajara, Mexico.
Are foreigners allowed to own property in Guadalajara?
When we asked expats what advice they would give a foreigner before buying a property in Guadalajara, they said...
"Yes, foreigners are allowed to own property in Guadalajara. According to Mexican law, foreigners are allowed to purchase property in Mexico as long as they obtain a permit from the Ministry of Foreign Affairs. This permit is known as a Fideicomiso, and it allows the foreign buyer to own the property in their own name. The Fideicomiso also allows the foreign buyer to transfer the property to another person or entity, as well as to sell the property," explained one person living in Guadalajara, Mexico.
What appliances are typically included in a rental?
We asked foreigners in Guadalajara what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Guadalajara typically include kitchen appliances such as a refrigerator, a stove, and a microwave. Additionally, a washing machine and dryer are typically provided, as well as a water heater. Additionally, renters may receive furniture, window furnishings, and other basic amenities such as an internet modem, cable television, and air conditioning," wrote one expat who made the move to Guadalajara.
Additional Information about Searching for a Home in Guadalajara:
We asked foreigners in Guadalajara what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Guadalajara can begin by researching online for real estate listings in the area. They can also contact local real estate agents to get more information about available properties. Additionally, expats can look for online forums and social media groups dedicated to expats living in Guadalajara to get advice and recommendations from other expats who have already gone through the process of finding a home in the city," wrote one expat who made the move to Guadalajara.
About the Author
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.
Other Questions:
- What do I need to know before moving to Guadalajara?
- What is a typical expat home or apartment like in Guadalajara?
- What is the average cost of housing in Guadalajara?
- How do I meet people in Guadalajara?
- What do I need to know before retiring in Guadalajara?
- What should I pack when moving to Guadalajara?
- Where should I setup a bank account in Guadalajara?
- Will I be able to find a job in Guadalajara?
- What is life like as an expat in your area?
- What do people like (and dislike) about Guadalajara?
- What type of social life can someone expect in Guadalajara?
- What is the social scene like in Guadalajara?
- What advice to expats in Guadalajara have about housing?
- What are medical services in Guadalajara like?
- Are healthcare and health insurance expensive in Guadalajara?
- Is the cost of living in Guadalajara high?
- What are the visa & residency requirements in Guadalajara?
- Why do people move to Guadalajara?