Episode 52 - Retire in Puerto Vallarta: Should You Buy or Rent: Insights from Craig and Randy

In this episode, host Risa Morimoto dives into the fascinating journey of Craig and Randy, a couple who navigated a significant lifestyle shift in Puerto Vallarta. After living in a picturesque, yet challenging ocean-view condo in Conchas Chinas, they opted for a more practical and tranquil beachfront rental south of Garza Blanca.

Craig and Randy share candid details about their decision to sell their dream condo, which included stunning bay views but also a daunting number of stairs—an issue that became more pressing after both underwent knee replacement surgeries. Discover how they made a substantial profit from the sale, navigated the rental market, and eventually found a gem of a rental property through Craigslist, leading them to a serene, beachside haven.

Learn about the financial considerations, the pros and cons of renting versus buying, and the nuances of living in Puerto Vallarta, from the bustling romantic zone to the tranquil southern outskirts. If you've ever dreamt of retiring in Mexico or are weighing your housing options, this episode is packed with invaluable tips and heartfelt experiences from Craig and Randy.

Don't miss out on our free webinar, where experts cover everything you need to know about relocating to Mexico—from the best places to live to essential healthcare information for expats. Register at dreamretirementinmexico.com/webinar.

Join us for this engaging discussion and gain a clearer picture of what your dream retirement in Puerto Vallarta could look like!

 

Key Moments: 

00:10 Puerto Vallarta growth, condo sale, oceanfront living.

05:00 Needed to save money, so decided to rent.

08:41 Craig questioned, but they chased their dream.

12:29 Initial rent, security deposit, utilities, Internet payment.

13:58 Owner selected items, including a small refrigerator.

22:12 Emotional about Mexico, hurt by hurtful comments.