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Ajijic Real Estate in Lake Chapala, Mexico

Ajijic Real Estate in Lake Chapala, Mexico

Our next move was to a beautiful new three bedroom house in Villa Nova west of Ajijic.

This was a beautifully built house on two floors and was fully and very tastefully furnished. The views from both floors were lovely of Lake Chapala.

One of the bedrooms our daughter called “the princess room” as it had twin canopied beds which she loved and claimed as her own on sight.

The master suite had a balcony overlooking the garden and pool and a very modern bathroom with Jacuzzi tub and separate walk-in shower, a granite counter top with two sinks and a huge walk-in closet that I still dream about

The living room, dining room and kitchen were an open concept and there was a nice outdoor patio and swimming pool area. The kitchen had all the modern amenities. (more…)

Real Estate in Ajijic, Lake Chapala, Mexico

Real Estate in Ajijic, Lake Chapala, Mexico

The Racquet Club is west of Ajijic in San Juan Cosala. We lived there in a 4 bedroom house with an amazing view of Lake Chapala. It had 4 fireplaces and was brand new with wonderful tile floors and a beautiful kitchen which also had a wonderful view of the lake.

The Racquet Club also has a community centre affair with 10 newly topped tennis courts, a hot spring and regular pool, hand ball courts and a nice little snack shop that used to have wonderful fresh juices such as orange and carrot.

We enjoyed living in The Racquet Club but for us there were a couple of down sides.
At the time our children were going to school in Chapala so that was a bit of a hike and also when it rained we might have been living in a sieve. We did not have enough towels to put up against the doors to keep the water out but I am sure this is not a problem for everyone. (more…)

Real Estate in Ajijic, Lake Chapala, Mexico

Real Estate in Ajijic, Lake Chapala, Mexico

From La Floresta we moved into a 5 bedroom, 8 bathroom ex drug dealer’s house in Lower Chula Vista which did give the home a certain cachet. In the large kitchen there was a small TV monitor which let you know who was at the front door when the doorbell rang. A convenience I certainly have missed in subsequent houses.

This was a magnificent home. It had a casita with separate living room, bedroom and bath.

Four other large bedrooms and three baths completed the sleeping quarters. Three of these four bedrooms looked out onto a patio with mature trees and a beautiful stone wall. The master suite, of course, had a Jacuzzi and a solarium filled with plants in the bathroom. The walls in the master suite, guest bath and casita were fabric lined which was a very elegant touch. (more…)

Real Estate in Ajijic, Lake Chapala, Mexico

Real Estate in Ajijic, Lake Chapala, Mexico

After our house in the village we obtained a 4 bedroom house in Upper La Floresta. It had a small pool, casita (which was a handyman’s delight), tennis court and soccer field which was terrific for our children then 10 and 12.

We were on the last street in front of the mountain and the view of them was fantastic.
The down side of being next to open fields however, was the scorpion population which we soon had under control thanks to the scorpion resistant chalk available at the tiangis (Wednesday market).

The garden had mature fruit trees and we could not consume fast enough our supply of avocadoes, limes and wonderful small sour oranges which were great for marmalade. It had a lovely covered area for outdoor entertaining and barbequing. (more…)

Ajijic Lake Chapala, Mexico Real Estate

Ajijic Lake Chapala, Mexico Real Estate

There are so many wonderful areas in Ajijic and we have lived in most of them. I thought I would tell you a bit about the different areas over the next few blogs.

The Village of Ajijic

We first lived right in the village in a beautiful 4 bedroom home with a garden that was full of mature fruit trees and 3 fountains. This house was very Mexican with a hacienda feel. It had a lovely outdoor terraza area where we spent most of our time enjoying the garden.

If you came to the front gate you would have no idea of what was behind the walls. It was very private with all the amenities. We did not have a view but the garden which went the full block offered hours of pleasure along with mangoes, limes, avocados, oranges, grapefruit and many other succulent wonders including assorted birds and flowers. (more…)

Real Estate in Ajijic, Lake Chapala, Mexico

Real Estate in Ajijic, Lake Chapala, Mexico

Everyone knows that the real estate market in the US and other parts of the world is not at its best at the moment.

However, here in Ajijic although it may not be flourishing, there is still money to be made in real estate.

If you buy a home in Ajijic now you will still get a good return for your dollar and the resale factor is still intact.

What a lot of people are doing is buying a home now and renting it out until they are ready to move here full time. You can expect a rental of approx. 8-12% of the purchase price. A reputable realtor will help you find renters and even manage your property for you for a reasonable monthly fee.
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Lake Chapala Real Estate in Ajijic, Mexico

Lake Chapala Real Estate in Ajijic, Mexico

We have lived in most of the areas of Ajijic since we moved here in 1994. We started out by renting a 4 bedroom house in the village. A lot of people love living right in the village of Ajijic because of the easy walking access to everything. We found it to be quite noisy. The master suite had a shouting gallery which overlooked the street and when the Mariachis would play or the street vendors pedaled their wares it sounded as if they were right in our bedroom.

From there we rented a four bedroom house in upper La Floresta which had a tennis court and soccer field which was great for the kids. We were on the last street in front of the mountains and our house teemed with insect life. It was a very nice quiet community with good security. The house was very basic, however, and not particularly comfortable.

Thanks to friends we heard about a rental in lower Chula Vista which was a 5 bedroom house with a beautiful pool and large garden and we were extremely happy with this house as the rent was a virtual steal. (more…)

Buying a Home in Ajijic, Lake Chapala, Mexico

Buying a Home in Ajijic, Lake Chapala, Mexico

Once you have done your homework online (or however you do your research) you might decide Ajijic, Lake Chapala is indeed the best place in the world to retire or relocate and continue your business as one may now do with the age of technology we live in.

The first step is, of course, to come to Ajijic, Lake Chapala and see for yourself if this is the perfect place for you. It is not for everyone but if you like the beauty and peace of the area looking at a few properties with a reputable realtor makes total sense.

You might think renting makes some sense before deciding to buy but perhaps you may decide to buy as in this depressed market there are many very good deals to be had. If you are not ready to make the plunge to be here full time your realtor can assist you in renting your purchased property until you are ready make the move to be here full time. It is always good to have money coming in as opposed to paying it out in rent. (more…)

Meet Kevin Collins and Geoffrey Kaye

Meet Kevin Collins and Geoffrey Kaye

My name is Geoffrey John Kaye, former Chairman of Pricerite Supermarkets, and I am writing this letter to you to inform your readers about Ajijic, Mexico. Originally from London then spending years in Monte Carlo and a brief time in the U.S. I bought a home in 1997 in Ajijic, Mexico after the recommendation of friends and my own exhaustive research. Ajijic is a small town 25 minutes from Guadalajara on Lake Chapala which is the largest lake in Mexico. Nestled between the Sierra Madre Mountains and Lake Chapala the year round climate is approx. 75 degrees and is reputed to be the best climate in the world. Guadalajara is a city of approx. 7,000,000 which boasts world class shopping, restaurants, schools, hospitals, historic sights and an international airport. (more…)

Mexican home in Lake Chapala, Ajijic Mexico

Mexican home in Lake Chapala, Ajijic Mexico

We started to see a bit of a slow down here in Ajijic and Chapala in the last quarter of 2007. Things had been, like most North American markets, booming right along. When the sub-prime mortgage fiasco took effect in the U.S. obviously it slowed things down for the Americans coming to Chapala and Ajijic. They couldn’t sell their house in the U.S. and therefore couldn’t purchase here since most properties in Chapala and Ajijic sell for cash. The Canadians however still kept the market perking along with their stronger dollar. Since we didn’t have the huge slow down many of the U.S. markets did, the opportunity to “bottom feed” didn’t really exist (with a couple of exceptions).

The U.S. is currently trying to decide if they should bite the bullet and bail out the financial institutions that were negligent and greedy. No comment required here and it isn’t my place to editorialize. Weather they do or weather they don’t it looks like there will be a large adjustment to real estate prices around the world. That would include The Lake Chapala area even though it is more heavenly than worldly ( I know, that’s lame ). (more…)

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