Episode 15 - Purchasing and Renovating Your Home in Oaxaca, Mexico with Suki Tranqille

In Episode 15 of the Dream Retirement In Mexico podcast, hosts Risa Morimoto and Taniel Chemsian sit down with guest Suki Tranqille to discuss their experiences and lessons learned during their journey of moving and buying property in Mexico. 

Suki shares advice and cautionary tales about working with architects as contractors, emphasizing the importance of separate architectural plans and thorough budget examination. They recount their initial plans to move to Mirajin, Colombia, disrupted by the COVID-19 pandemic, which led them to Puerto Escondido in Oaxaca, Mexico instead. 

Suki expresses her love for Oaxaca, a vibrant city that meets the criteria of a mountain town with fresh air, diverse cultural activities, and a vibrant food scene. She also stresses the significance of learning Spanish to navigate daily life and establish connections with locals.

The episode covers important factors to consider when buying property, such as the need for a centralized real estate system in Mexico and the need to take time and not feel pressured into a deal.

Suki concludes by recommending different neighborhoods in Oaxaca based on individual preferences but advises against signing long-term leases and to find a place that matches one's personality.

 

Key Moments: 

[00:01:23] Happy accident leads to life-changing relocation.

[00:03:24] Unexpectedly ended up in Oaxaca and stayed.

[00:11:10] Expats prefer certain areas with eco parks and golf courses.

[00:24:05] Low maintenance costs and no heating bills.

[00:27:32] Architects in Mexico often act as contractors. Don't hire them for both roles. 

[00:32:49] Learning Spanish saves money, promotes connection.

[00:37:03] Costly mistakes due to lack of information. Watch before buying or renovating homes.

About the Guest -

Suki Tranqille is your trusted guide to navigating the intricate world of Mexican real estate. With extensive experience in buying and renovating property in Oaxaca, Mexico, and a deep appreciation for Mexico's rich culture, Suki brings a unique blend of expertise and passion to buying a home in Mexico.

Born with a spirit of adventure, Suki's interest in real estate began as she explored diverse global housing markets. Her experiences living in various countries ignited a fascination with the intricate processes of purchasing property as a foreigner. This passion led her to buy in the Mexican real estate market, where she has spent years honing her knowledge and establishing invaluable connections.

As the author of the Mexico Home Buying Course, Suki is dedicated to demystifying the complexities of buying property in Mexico. Her witty, approachable demeanor and sharp analytical skills enable her to break down complex concepts into digestible, actionable insights. Suki's course is a haven for those who seek to make their Mexican property ownership dreams a reality without the stress and uncertainty often associated with international transactions.

Suki Tranqille is a discerning consultant, sought after by both first-time buyers and seasoned investors. Her guidance extends beyond the obvious, as she provides personalized advice tailored to individual needs. Suki believes that an informed buyer is an empowered buyer, and she is dedicated to empowering her audience with the knowledge they need to make confident decisions in Mexico's dynamic real estate market.