Acapulco Real Estate: Buying and Renting

Acapulco is becoming an increasingly popular international vacation destination and is a fantastic place to buy or rent real estate property.

Located in the Mexican state of Guerrero, about 190 miles southwest of Mexico City, Acapulco is built on a large, beautiful bay on the Pacific Coast. Catering to a crowd of international tourists, the city has a large variety of amenities and activities, including luxury resorts, water sports, various nightclubs, restaurants, cafés, bars and high-end spas. Those interested in investing in commercial property or land development will find the thriving tourist economy very inviting, and those looking for vacation rentals such as resort rooms, condos, villas and apartments with ocean views will find a proliferation of choices.

Acapulco has a lot of variety to offer in terms of real estate property. With its tourism industry, of course there are condos, timeshares, villas, luxury vacation homes and apartments to buy and rent. Many buyers also consider the cliff side homes with beautiful views of the bay, either luxury or more modestly priced. And though Acapulco is a popular destination, it is not quite so overrun as Cancun or Los Cabos and therefore still has many affordable options in terms of real estate.

Though the housing prices in Acapulco would be considered moderate by Mexican standards, they are steadily appreciating, which makes now an ideal time to buy or rent in the area. The government allows foreigners property and title rights and many banks now offer fixed-rate mortgages for foreigners purchasing real estate in Mexico. Insurance companies in the U.S. are also offering title insurance for property purchased by U.S. citizens in Mexico.

Acapulco offers just the right mix of popularity and moderate pricing for those interested in buying and renting real estate in a beautiful, active seaside city in Mexico.