Retire There with Gil & Gene Retire in Merida, Mexico - EP 218
Dec 8, 2025
Brooke and Rick Gazer, former B&B owners from Canada, share their inspiring journey of relocating to Mérida, Mexico, after running a successful business for over 20 years. They discuss the challenges they faced during the move, especially a medical emergency that prompted their decision. Discover their renovation adventures in a mid-century home, the vibrant cultural scene of Mérida, and practical tips on adapting to a new lifestyle. With insights on local safety and community support, they paint a warm picture of their new life in this charming city.
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Split Properties To Earn Rent
- Consider buying a property you can split into rental units to generate income and offset costs.
- Use platforms like Airbnb but be aware the market changed rental dynamics after its arrival.
Leverage Cheaper Real Estate
- Expect remarkably lower real estate and renovation costs in Merida compared with Canada or the U.S.
- Use that cost gap to buy larger homes or split properties into rentals to offset expenses.
Construction Booms Affect Timelines
- Rapid post-COVID construction and projects like the Maya Train created labor shortages and raised building costs for a period.
- Construction availability fluctuates, so timelines and budgets can be unpredictable.
