I have taken some time away from the blog to focus on returning to school, but on a recent vacation, we encountered a new dilemma and I wanted to share it with our readership. The decision on whether to buy a vacation home or endlessly roam.
Not All Vacation Homes Are Created Equally
Some of our friends and likely some readers will picture a vacation home as perhaps more than it really is. We won’t be buying any property in the Hamptons any time soon.
For global travelers that read this blog and have wondered how expensive it would be to live in a country they have visited, this is for you. You, my dear reader, will understand that some parts of the world offer very affordable housing when compared with Western Europe and North America. A second home or a vacation home doesn’t have to be an opulent purchase.
In Fort Myers, Florida we shopped two bedroom condos for $85,000 a few years ago (we didn’t purchase), when we were living in Thailand, a new studio apartment three blocks from the beach could be purchased for $20,o00, a one bedroom for $50,000 and a two bedroom/two bathroom for just $80,000. Closer to home in Mexico a new one bedroom, one bathroom home can be had for less than $25,000 outside of major metro areas or those in need of refurbishment from $15,000-100,000 in the center of Mexican towns. The image below is an example of what a property for sale in Mérida would look like before renovations and the casa in blue is what one could look like after a remodel.
Happy In Mérida
After our first visit to the laid-back city of Mérida, we instantly fell in love. The city is vibrant, the people are friendly and the weather is just how we like it…
It could be that we had the most gorgeous Airbnb (that I actually damaged the last time we stayed there) that made us want to move right in. After our first night wandering around the plazas and eating the local cuisine, we knew there was something special about this place. It didn’t take long before we were looking up properties for sale and discussing plans to renovate, bring our families and host on Airbnb while we are back home.
As we sat at the table that evening, looking at properties and discussing the logistics of how we could make it work, I felt a part of me starting to pull back from the idea.
But We Still Want To Roam Elsewhere Too
We are nomadic and constantly crave new adventures. If we owned a home in Mérida (or any other corner of the world), would we feel the need to visit our holiday home at every opportunity instead of exploring a new place during our days off from work?
Our family has always made travel one of our top priorities. We make different decisions than most of our peers, decisions that allow us the freedom to be able to roam. Maybe it is that we don’t tend to lay roots: we live in a small home, we lease vehicles, we homeschool. I wondered to myself if the idea of buying a home in Mérida is planting a root or if I am overthinking this all together. Maybe I need to look at this as more of an investment or an experience.
Or maybe I am just ready to roam somewhere I haven’t been yet.
What do you think? Does buying a vacation home take away from exploring other places?