It's a great time to vacation at the beach -- not just because it's summertime, but because it's really a renter's market right now. Many owners are stuck with second homes on the water they can't use. So they're trying to rent them in the summer market at deep discounts. Mexico offers a really value for the dollar right now with the dollar at 13-14 pesos. So if you do the math, the dollar is worth about 30-40% more in Mexico! For years, hot spots like Cabo San Lucas and Puerto Vallarta have been a notoriously hard place to find a decently priced rental. But now due to other tourism destinations on the rise like Loreto and La Paz, owners are offering beautiful accomodations at a really decent price without all the crowds!
So what's the best way to take advantage of this soft market for rentals? Financial guru, Clark Howard, recommends a website called
Vacation Rentals by Owner. As the name suggests, it helps you rent directly from owners -- whether it's a home, condo, cabin, villa or apartment! For extra value, be sure to look at "fill in the gap" deals where you rent accommodations that are available in between other renters. Meanwhile, if you're renting an older property, look to see that it's been renovated within the last three years. And don't be shy about asking for more pictures from the owner!
Safe Travels,
Loretanamama.....Live it Loreto Style (at least for a week) at
Casa de Playita
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