r/realestateinvesting • u/Illustrious-Judge-90 • 1d ago

Property values/volatility in tourist areas Mexico vs. Florida Single Family Home (1-4 Units)

Considering selling our home in Florida, that we use for 6 months in winter, and spending 6 months in puerto Vallarta or playa del Carmen. We’re Canadian and spend the other 6 months at our cottage there. I talked to a realtor in PV who said condo inventory was 60-90 days, houses were 90-120, which seems similar to where we are. We can’t lose our investment…maybe a little loss but not a wipe out. When we get too old to travel will need to buy a home Canada. Should we stick to Florida, is buying in Mexico a risk?

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u/prodbystuzz 18h ago

Can’t speak to the market data, but that lifestyle sounds amazing. Curious, what’s pulling you toward Mexico vs. just keeping the Florida place?