http://www.noss123.com/Prices are often much cheaper than most areas of the U.S., but in many
locations prices of houses and lots are as expensive as the US, one example
being Mexico City. U.S. banks have begun to give home loans for properties
in Mexico, but, so far, not for other Central American countries.
One important difference from the United States is that each country has
rules regarding where foreigners can buy. For example, in Mexico, they
cannot buy land or homes within 50km of the coast or 100km from a border,
while, in Honduras, they may buy beach front property. There are also
different special rules regarding certain types of property: *ejidos* -
communally held farm property - cannot be sold to anyone, but that does not
prevent them from being offered for sale.
Many websites advertising and selling Mexican and Central American real
estate exist, but they may need to be researched.
