I get a lot of questions about prices of real estate in Mahahual and Mexico on this blog. Today I am going to go into the cost of property taxes and services like electricity, internet and cable.
I have been staying in Playa del Carmen lately, condo sitting for a friend of mine who is now in the Philippines. He was supposed to be back by now, but he has decided to stay awhile longer and motorcycle around the Philippine islands with his girlfriend who he met there.
Because of this I have been running around the last two days paying his bills because he has a renter coming in January, and he will not be back in time to take care of this before his renters get here.
I just got back from paying his property taxes at the Playa del Carmen City Hall. His condo here in Playa del Carmen is valued at around $220,000 USD and the property taxes for 2015 came up tp 2,508 pesos, or about $185 USD for the year, that is less than 1%. It is the same throughout Mexico and Mahahual, property taxes are pretty cheap here. I took last year’s reciept, and the whole process took about 5 minutes.
I also paid the electric bill this morning. The power bill for two months was 838 pesos, or about $62 USD, for an average of $31 USD a month. This bill is about average around Mexico, unless you run the air conditioning, then your bill will be higher. The $31 USD power bill includes running ceiling fans all day, TV on a lot, and running a fan at night. that is not bad compared to the USA.
One thing I learned today was, never go pay bills in Mexico on the first of the month, long lines everywhere. I was at CFE standing in line to pay the power bill this morning at 8am, and the line was out the door. I got in line because I was going to pay the past 2 months power bill, and the next 2 months in advance. I was told by a Gringo at the condo complex here, that they had machines at the power company, but to pay in advance I had to stand in line, and pay at the counter. So I stood in line until about almost 10am, and I thought to myself, I am going to be here all day long. And like the USA there were only 2 out of 5 windows open, and things were going real slow. I kept noticing other people walking up and paying their bills at the machines, and it was only taking them 5 minutes or so, and the lines were moving fast.
So I did what I usually do in these situations, I looked around and found the best looking woman I could find in the building, and I went up to her and asked her if I could pay my bill and 2 months in advance at the ATM like machines they had there in front. She said of course I could. I then acted like a dumb ass tourist, and told her it was my first time paying power bill in Mexico. Worked like a charm, this little pretty latina woman took me outside to the machines and basically walked me through the whole thing, and did everything for me. I paid the last 2 months and the next 2 months in advance. She was very helpful, and I have found out down here, that most of the people here are glad to help you and will go out of their way to help you, especially if they think you are a tourist. Me myself, I like to ask the pretty women for help, and you would surprised how many women I have met this way.
So, I also learned, never listen to anything someone tells you down here, also go investigate for yourself, it will save you a lot of time and money in the long run.
Last night I went and paid the Cablemas,(cable and internet) bill. The bill per month is 399 pesos, or about $30 USD, and includes wifi internet, cable with some English channels, and a lot of Mexican channels. With the cable you get a lot of NFL, NBA, MLB games some in English but most in Spanish. You can also add a bunch of USA channels like HBO, Showtime, and others for not much more, like around $50 USD a month. So the internet and cable are not that bad either compared to the USA and Canada.
I have always known that a lot of things down here are a lot cheaper than in the USA, (like medical and health care), but I was amazed at how low property taxes are here compared to the USA and Canada, less than 1%.
I think in a future post, I will discuss some other cost of things like food and entertainment.
Thanks for reading,