Surprisingly, the favorite destination for living and investing dollars in Mexico is not San Miguel de Allende, as many might assume, but the picturesque cities of Ixtapa and Zihuatanejo, located on the Pacific coast in the state of Guerrero. Known for their white sand beaches, tropical climate, and growing infrastructure, these locations have captured the attention of national and international investors, who are looking not only for an attractive place to reside, but also for a promising real estate investment opportunity.
Why are Ixtapa and Zihuatanejo favorites for investment?
Mexico has become a popular destination for American seniors, thanks to its affordability, pleasant climate, and the presence of established expatriate communities.
Among the most prominent cities for retirement are Ixtapa- Zihuatanejo. Living costs for retired couples can vary significantly by location, with a monthly range of between $1,315 and $2,900, allowing you to adjust your budget to individual needs and preferences, according to U.S. News.
In addition, in many of these communities, English is a common language, making it easier for foreigners to adapt and integrate.
What are Ixtapa and Zihuatanejo like?
Zihuatanejo is known for its charm as a fishing village, offering a quiet and welcoming atmosphere. Also famous for its appearance in the film “Cadena perpetua”, it stands out for its cobblestone streets, lively restaurants and vibrant local atmosphere.
On the other hand, Ixtapa is presented as a larger-scale tourist city, equipped with luxury restaurants and hotels, as well as world-class golf courses, which has established it as a popular destination for both domestic travelers and Americans living in Mexico.
One notable difference between the two locations is the size of the population: Zihuatanejo had 126,001 inhabitants and Ixtapa had 28,999 as of 2020. As for the climate, both regions enjoy temperatures ranging from 20 to 32 degrees Celsius. The dry season runs from November to May, with partly cloudy skies, while during the rainy season clouds and showers predominate. The main methods of access to these cities are through the Ixtapa-Zihuatanejo International Airport, located just 15 minutes away by car.
Source: adn40
