Over all these years, one of the first things people want to know is what are the carrying costs, like property taxes (about US $250 per year for a US $250,000 property) and homeowner’s insurance. I often say, “I’ll tell you what, with regard to home owner’s insurance, for $1, I will insure your home against earthquakes, tornadoes, hurricanes, floods, and all the other things we don’t have here.”
People accustomed to houses in the States, in Canada, or somewhere else made of materials such as wood and sheetrock, worry a lot about the damage that can be caused just by water. We do get some heavy rain here, but I joke that if you have a roof leak here and neglect fixing it for millions of years, maybe you will grow a stalactite!
In addition to being greatly water damage resistant, with construction materials consisting of stuff like steel, brick, cement, and stone, you’ve basically got like a rock house, so even fire isn’t a much of a risk here, other than maybe grass or brush fires, or perhaps kitchen fires, but really no structurally threatening type of home fires.
Although emergency services providers like the fire department and Red Cross may not have to contend with natural disasters here, to point out a potentially disastrous risk that can exist here, they do occasionally respond to propane gas tank and heater related incidents. One of the things that you need to be careful about is to make sure that your gas tanks and hot water heaters are appropriately positioned and vented. Almost every year, particularly during winter months, there are maybe one or two fatalities attributable to propane gas fumes, usually from improperly ventilated heaters. This is not a common occurrence, but it does happen occasionally.
(Interior patio, San Miguel Allende, Mexico, pictured.)