An interesting house on Isla

Or can  you even say this house is “on” Isla as it sits surrounded by water?

This photo was taken last year.

This rock house has always intrigued me. I  understand that it is owned by one of the island’s prominent families. I saw some photos of the interior once of the party that was held there for the regatta’s boat captains. Not much of the house could be seen in those photos though.

I  can’t imagine how damp and sticky with sea spray everything must be. All electronics must have a really short life span. It is a sturdy house for sure having withstood a few very strong hurricanes.

Compare & Contrast – Isla Mujeres

Heading out of town toward the south of the island you turn right at the lottery store front to get to Villa Vera Isla Mujeres Hotel and Marina. The hotel is a Raintree Vacation Club timeshare property. The grounds are lush and nicely landscaped. There is a big inviting pool with a swim up bar.

 

 

 

 At the marina you will see some pretty big boat$.

 

 

But this is not an advertisement for Villa Vera. I just wanted to set the picture of the street I am talking about.

 

 

 

The compare and contrast is about two very different houses you will find on this street.

 The first one you encounter is this one. The house and fence looked freshly painted. The yard, what there was of it was clean and everything seemed to be in it’s place. I had never noticed this house before. I think because of the new blue paint and white fence it popped out at me.

Now if someone were to give me this house I am sure I could be perfectly happy here. Anymore I would be afraid to ask what it might sell for if the owner chose to sell it” 

 

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The next house you see is just a bit further toward Villa Vera on the other side of the street. While you can not see much of the house you can tell  Casa Neza is worlds apart from the tiny little blue one.

Now if someone were to give me this house I KNOW that  I would be perfectly happy here.”

  

 

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My thoughts about these two very different houses is that the blue one is someones home. The owner has taken the time to make it look nice and welcoming. While Casa Neza is most likely an investment. It is a fabulous house I would love to actually have a look inside at all of the luxuries.

 

There are many things on Isla that you can compare and contrast like this. This is just another thing I love about Isla. You never know what you will see the next time you visit. That is why I never go anywhere on the island without my camera.

 

(I finally figured out or it just became an option that I can now link directly to my Webshots photos. I really like this because now I do not have to re-size photos and upload to my WordPress media library. Now I won’t have to be concerned with running out of storage space and having to purchase more.)

Fast forward a year to April 2008 – another Isla Mujeres home buying dilemma

I spent 1 ½ weeks on Isla Mujeres last month. I came home with the same dream of buying a place on Isla.
I briefly considered these new condos on the Caribbean side of Isla. They are 860 square feet for $219,000. There is a rooftop pool and can you believe this UNDERGROUND parking. For what a golf cart?


I had dinner my last night on the island with a friend who has lived there for 18+ years. She told me about a friend of a friend who wants sell his home. I had several email exchanges with him regarding his home which is exactly where I would love to live on the island. I considered making an offer but I felt so stressed out about it that I was not sleeping. I finally came to the realization that the same reasons he wanted to sell were the exact reasons I wasn’t ready to buy.

Here is the email I sent him regarding not making an offer on his home.

I have been going to Isla since 1993 and I still am undecided about buying a place there. I think I have decided not to pursue making an offer on your home. It has me stressed out thinking about managing a home as a remote owner. If I were retired I would make a different decision. But I still plan on working for a few more years. When I am on Isla I get all excited about the possibility of owning a home but when I really think things through I get stressed. All of the reasons that you are looking to sell your home are reasons for me not to buy a home on Isla. Quickly a vacation would become work. Thank you for taking the time to tell me about your home. I am sure you will find a worthy buyer

Almost a property owner on Isla Mujeres 2007

Last May a friend and I decided that we needed to invest in a rental property on Isla Mujeres. She took a quick unplanned trip down about two weeks after we had just spent about two weeks there. The house she went to look at was a large home in the colonias with 4 apartments upstairs. Other friends of ours had looked at it and had decided it was more house than they needed. My friend viewed the house with a couple of locals who were helping to sell “by owner” properties. I hooked her up with another friend who has a home on Isla and her boyfriend who is an electrician and plumber. They all decided that the house would be a good investment but needed a TON of work. We could see it being a true money pit.



So then my friend went with a realtor to view several other homes for sale. She liked several of them but we talked a couple of times by phone while she was on the island and decided that joint ownership wasn’t such a great idea afterall. She saw a model of a small condo complex that was being built in Colonia Lol-Beh. We talked when she got back to the states. We both did extensive research and decided to make individual offers on condos in this building. We made offers for a finished condo but at the unfinished price since we thought for the lower cost of labor and material our offers were very fair. The asking price for the finished units was as high per square foot as building in Portland, Oregon which has a pretty high cost for building homes. Our offers were not accepted and the builder did not want to negotiate. I was fine with that since every other day I was either excited or having buyer’s remorse. I told myself it just wasn’t meant to be.
When we went to look at the condos in October 2007 when they were supposed to be finished here is what we found. The building schedule was definitely on Mexican time.

We drove by and looked again last month. They are finished but I could see by peeking in the windows that they are much tinier than I thought. Also the pool out in front only has a ladder not stairs and there is absolutely no room for chairs around the pool. Again I am glad that my offer to purchase was not accepted.