villa maintenance costs Mexico

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Buying a villa in Mexico in 2025 requires budgeting 6-10% of the purchase price for closing costs, plus $20,000-$35,000 annually for ongoing expenses including property taxes, trust fees, HOA dues, insurance, utilities, and maintenance. Total ownership costs vary significantly by location, property type, and amenities, making thorough financial planning essential for successful villa ownership in Mexico's dynamic real estate market.