[quote=matt]Thanks for the feedback. I neglected to mention my wife is from Mexico so we can own free and clear any property including close to the coast. [/quote]
This is one big advantage you have. You aren’t faced with as big of a risk concerning “corrupt” government. As for hurricanes, a concrete structure should hold up to a hurricane fairly well but you could certainly end up with some damage. I don’t have any idea about property insurance in Mexico or if you can even get it. Most insurance companies don’t insure against the inevitable.
As for liquidity it probably isn’t that liquid. The housing market in San Diego over $2 or 3 million dollars isn’t very liquid either. There aren’t many Mexican nationals that can afford coastal property in Mexico so you’d have to hope that the Mexican government establishes stronger property law protections for foreign nationals. That way people might feel safer about investing a significant sun of money in Mexican property. It’s probably not the best bet in the world but who knows.