Thanks for the kind wishes all and sorry for the delayed response.
We are not at retirement age yet but it could be an option to live in Mexico off the rent of our la Costa oaks home. Ideally a small apartment in Barcelona on the side as well :). Right now I am working in the UAE and saving every penny I can for the future and our kids college… so I do need to start generating some cash from this place.
The main thinking on the investment was the realization of how little 1m can buy you in so-cal + the financial burden of property taxes. And the desire to create an option in a lower cost of living country. We are currently getting a maid all day for about 25 dollars and if u choose to live within your means even Los cabos can be affordable..
The HOA over here is fine with short term rentals. The only peculiarity being they do not allow you to rent the casita but I’ll see if I can get away with it!
