The 5 Cheapest Homes On The Market In Lake Chapala in 2026 (worth looking at)
- Michaela & Ricardo
- Jul 9
- 3 min read
Real estate prices are creeping up all over the world and Lake Chapala, Mexico is no exception. Although increases here have not been as significant as up in Canada and U.S., we have seen prices rise over the past 8 years to a level that are making some people think twice. Adding to this is the fact that all home purchases are cash, and while mortgages are available, the interest rates are astronomical.
So since we're all looking for a good deal and don't want to invest more out of our limited savings than we need to, I've searched the market and these are my picks for the the 5 cheapest homes (worth looking at) currently on the market as of July 2026.
Lago Luna 2,000,000 pesos (approx. $114,000 USD / $161,500 CAN)
Built in 2020, this 617 sq. ft. apartment features 2 bedroom/2 bath. Located just outside the town of Jocotepec, it offers lake/mountain views and common pool. This is easy living!
Casa Lola $199,000 USD / approx $281,900 CAN)
A charming house in a tranquil section of West Ajijic at a great price. This home is only 7 years old and has everything you need. The house is sold FULLY furnished! High speed internet. Water cistern and tinaco. Washer and dryer. Water purification system.Â
Treehouse $199,000 USD / $281,900 CAN)
Second floor walk-up. The perfect village home in the center of the action. Two large bedrooms and 1 shared bathroom, large kitchen, fully furnished, with lake and mountain views. There is also a cozy casita with full bath.
Casita del Golf 199,000 USD / $281,900 CAN)
2-bedroom, 2-bathroom house with parking space for one vehicle. Shared pool in a gated community of 7 houses and golf course view. Laundry room or storage room.
Gardener and pool maintenance included in HOA
Casa Millan $190,500 USD / $269,900 CAN)
This one level home has two bedrooms, two bathrooms and a functional layout that makes excellent use of space. The property includes a one-car garage, a living and dining area with good natural ventilation, and a kitchen that you can design entirely to your own taste. Its design is comfortable and welcoming, perfect for both full-time living or as a weekend and vacation home
Are these homes for you? There are lots of options on the market and depending on where you want to live and the size of home you want, there are plenty of great homes available under $200,000 USD! Contact us today and we'll be happy to discuss finding the right home for you!
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