Chapala lies in a valley surrounded by the Sierra Madre Mountains of southwestern Mexico, twenty five miles south of the colonial city of Guadalajara. Lake Chapala is the country’s largest fresh water lake, and is known for its breathtaking beauty and geothermal hot springs. National Geographic Magazine declared the area as having the second best climate in the world. Chapala is an hour away from the famous town of Tequila, 3 hours from Playa Manzanillo, and 4.5 hours from Puerto Vallarta.

The cost of living is lower here compared to the coastal areas. Restaurant prices are lower, as are utility costs because air conditioning is not required.Foreign influx has driven the real estate market, but prices remain surprisingly affordable. Due to its inland location, no bank trust is required to buy property and local realtors report few issues regarding land titles.

Bungalows de Monte Carlo is an established vacation rental business. It is located on the hillside enjoy spectacular views of nearby Lake Chapala. There are 4 units in a secluded garden setting. The bungalows have 2 bedrooms and 2 baths, a kitchen and a living room. They share a common laundry, BBQ area and gated parking. The bungalows can be rented out long term or short term. This is an excellent income property!


Sale Price is $298,000.
Lot Size: 12449 sq. ft
Const. Size: 3701 sq. ft.

Contact Info:
Coldwell Banker Chapala Realty
Michael Bureau
Telephone: (011 52) 76-61152
Fax: (011 52) 76-62124
chapala@infosel.net.mx