Should I buy or rent a home in Manzanillo?

If you have not spent a lot of time in Manzanillo, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"We bought a condo that we lived in for 9 years, then sold it and built our house. I is a very easy process, as long as you have a good realtor," explained one expat living in Manzanillo, Mexico.

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Dream Pro Homes Luxury owner Greg Gunter is the Broker for Berkshire Hathaway HomeServices offering luxury home options in the UNESCO city of San Miguel de Allende, Mexico, rated the No. 1 City in the World five years running from Conde Nast Traveler and Travel & Leisure magazines.

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"When deciding whether to buy or rent a home in Manzanillo, it is important to think about your current lifestyle and future plans. Buying a home can provide stability and potential appreciation over time, while renting can provide more flexibility and freedom. Considering factors such as cost, quality of property and access to amenities is also important. If you are looking for more of an investment and are willing to stay in Manzanillo, Mexico for a while, then buying a home may be a better option. However, if you prefer more flexibility and want to move more often or stay for shorter periods of time, then renting a home would be more suitable. Ultimately, the decision depends on your lifestyle and needs," said another expat in Manzanillo, Mexico.