How To Retire on $1,000 per Month... Or Even Less

The graceful stoned streets and painted colonial facades give a prosperous, old world feel in this wonderful community in Rosarito, Baja California, Mexico. You can dine eat fine restaurants or enjoy the theater, orchestra, and plenty of festivals and celebrations.

The “Ruta del Vino” (Wine route) is only 40 minutes away from your future home in Rosarito offering miles of exploring in the Valle de Guadalupe. Enjoy Wine tasting at Casa de Doña Lupe, L.A. Cetto, Tres Mujeres, Baron Balchet, Adobe Guadalupe or any of a dozen or more wineries that await you in the Valle de Guadalupe.

The total population in Rosarito is over 145,000, making it large enough that you can find what you need, but small enough that it is easy to get around and get things done. Here, shop and restaurant owner’s remember you, making you feel at home.

The expat community is one of the largest in Mexico and perhaps the world, with over 150,000 Americans and Canadians living in Northern Baja (Watch what fox news has to say about cost of living in Rosarito by clicking here), and about 15,000 expats in Rosarito alone, large enough so that there is always someone you can get together with for company.

Local organizations such as United Society of Baja California (USBC) provide a monthly calendar of social activities all tailored to the English speaking ex-pat living in Baja.

The following cost of living example assumes you own your own home and will not have a monthly payment. As you can see $ 1000.00 USD per month should cover your everyday expenses.

Here’s how:

Rent	0
HOA	90
Property Taxes	16	Based on a large house in town
Automobile Costs	100
Auto Insurance	45
Transportation	0
Propane	25	Used for hot water and cooking
Electricity	55
Telephone	20
Internet	35
Cable TV	25
Household help once a week	35	Allow $150 if a full-time maid is required
Food	350
Entertainment	100	Orchestra, theater, and cultural activities are usually free
Homeowner’s Insurance	25
TOTAL	$ 921

If you need to rent? your options are endless. For $1,000 a month you can find a new 1,700 square feet modern, tenth-floor condominium with 3 bedrooms, 2 bathrooms, a great view of the Pacific Ocean and the beach only steps away. Depending on the development you could also enjoy a doorman, groundskeeper, underground parking, and 24-hour gated guarded security in addition to the pool, exercise room and other normal amenities.

But you could LIVE FOR LESS! you can always go local. For under $500 a month you can easily get a 1 bedroom, 1 bath, 650 square foot apartment in an established building. And that would still keep your cost-of-living, including housing, to less than $ 1,600 a month.

At Your Mexico Connection we understand all the issues in purchasing property in Mexico, we own! Not rent. We have gone through the process of purchasing real estate ourselves.

When you start your search for a beautiful retirement or vacation home in Baja, ask your potential real estate representative three questions before you decide who will represent you:

1. Do you personally own property in Mexico?
2. Are you a member in good standing with either of the real estate organizations in Mexico? And
3. Which Mexican realtors association(s) do they belong to?

If the person you are considering can’t answer yes to questions 1 and 2 and identify which association they belong to, you should reconsider your choice. At Your Baja Connection we understand all the issues involved in purchasing or renting property in Mexico (read ourF.A.Q.). 

We have guided countless clients through this process and have gone through the process of purchasing ourselves.

The principals of Your Mexico Connection are all property owners and members of AMPI. Through our AMPI membership we are also associated with the National Association of Realtors® (NAR) in the U.S. We’re here to ensure that your purchase is trouble free. We want to be your personal connection in Baja.

Yes, you can have a good experience purchasing property in Mexico. You want to make sure that you have a knowledgeable, experienced, and ethical agent. When you are ready to make an offer there are a myriad of additional considerations and concerns, but if you have selected the right agent, you will have the right person to guide and protect you.

We want to be Your Mexico Connection and are ready to assist you in a worry-free purchase of your new retirement or vacation home or condo in Baja California Mexico. If you are looking to rent a property before you decide to purchase we have many baja rentals available.

Victor Loza provides real estate and relocation services for buyers and sellers in Mexico. He can be reached at (619) 730.1571, via email at vbloza@YourMexicoConnection.com , or at www.yourMexicoconnection.com.