Is Lake Chapala – Ajijic, Mexico on Sale?

August 13, 2015

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Is Lake Chapala – Ajijic , Mexico on Sale?

The US Dollar as of April 29, 2015 will now buy 17% more  pesos than just 7 months ago in June 2014.

The exchange rate then was 12.97 pesos for each dollar. Now, in late April 2015 you get 15.22 pesos for each dollar.

It’s not unusual here since we’re a basically a cash market (little financing available) for a home to be on the market for a year or even more.

For sellers who need to sell, as time drags on (all else equal), they become as a rule more flexible on price.

So, if you have cash in Dollars and spend the time to find a home at Lake Chapala you like and are sufficiently familiar with our area to know it’s right for you then the window of opportunity is open wide at this point in time.

If the sellers are Mexican (they value things in pesos), even if not priced in pesos. They Still likely think in value terms in pesos.  They likely paid in pesos when they bought.

Who knows what the future value of the dollar to the peso will be in the future.  But, in my 15 years experience at Lake Chapala, Mexico I don’t recall a better exchange rate.

Of course, if you’re not sure if Lake Chapala – Ajijic is for you then please do not buy a Home here until you are. 

 I can help in that department too. I’m happy to act as your Exclusive Buyer’s Only Realtor representing YOUR best interests.

 Let me know when I can help you! All for now,

                        Siempre tu amigo, (always your friend) Sid

 

 

  • Wayne Moore

    “The US Dollar as of April 29, 2015 will now buy 17% more pesos than just 7 months ago in June 2014.” ???

    “The exchange rate then was 12.97 pesos for each dollar. Now, in late April 2015 you get 15.22 pesos for each dollar.”

    The current exchange-rate for August 13, 2015 is 16.29 pesos for each dollar.

Email for more information:
Sid@ChapalaClub.com

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