1. Can I own property in Mexico?Non-Mexicans can obtain direct ownership of property in Mexico's interior. Properties within 50 kilometers of any ocean front and 100 kilometers of any border must be acquired through a bank trust or the formation of a Mexican corporation, according to Mexican law.2. Can I own property near or in front of the ocean?Yes, legislation passed in 1973 and 1993 enabled...
Not everybody can afford to buy a dream home in Puerto Vallarta outright.Fortunately for the rest of us, funding is easily accessible here.A common question we get down here is, "I've been coming down to Puerto Vallarta for years on vacation, and I'd really like to buy something, is financing available in Mexico?"The short answer to that why yes.Welcome to this video, in which we will look at financing...
Define your BudgetFAQ - Finding a propertyHow do I calculate the closing costs and other costs?I always recommend to my clients a rate of about 6.5 percent of the total amount, but it can go as high as 11 percent. The final cost will be primarily determined by the property's cost, but other factors should be considered as well. What types of financing options are available in Mexico?For...
While the process of searching for and selecting a property in Mexico is fairly similar to that in the United States and Canada, the process of closing your property and the associated expenditures are somewhat different. It is critical to factor these closing fees in Mexico into your original budget, since they may influence your choice of property.How much money should I budget?We normally recommend that...
Cost of living can be a very relative term depending on the type of lifestyle one is looking for, and Puerto Vallarta is unquestionably a far more affordable choice for most Canadians and North Americans. One of the reasons why Puerto Vallarta is regularly listed in expat magazines and surveys as a top destination for Americans and Canadians looking to buy a second home is because of this.With so many...
Hopefully, by now you have gone through the rigorous journey of finding your ideal property, and your offer to purchase has been accepted. Now it's time to start concentrating on the closing process. Here is where many first time buyers get a bit confused. It is very easy to get frustrated during this procedure!Closing CostBut not all is lost. In this kit, we will walk you through all the necessary...
Purchasing a home entails making numerous critical financial decisions, comprehending complex concerns, and completing a large amount of paperwork. When making such a major investment, it helps to have an expert on your side. We can walk you through this procedure and also offer you early access to new property listings. Consider the following factors when selecting a real estate professional:Seek...
The resort city of Puerto Vallarta, located on the Bay of Banderas in Jalisco, Mexico, is known for its pleasant sun, beautiful scenery, and friendly people. Matter of fact, Puerto Vallarta is often referred to as the friendliest town in the world, and it has also been designated as one of the top places to live. Expats from the United States, Canada, and the United Kingdom have made Puerto...
Are you enjoying the exciting features of Puerto Vallarta and want to take them all to a new level? Literally? If so, then you’ll find nothing better than the Mirador del Cerro de la Cruz -- aka Cerro de la Cruz viewpoint. Located right in the downtown centre of Puerto Vallarta, this is going to be the perfect way to enjoy something special! Want more? Take a look. What does this viewpoint...
Some places just offer you the best of everything. It often appears as though many people will argue on what those best places are, but one of the ringleaders for all of the reasons that you care about is going to be Puerto Vallarta. Looking for a getaway that hits all of your list items? This is it, even if you’re not sure yet! Take a look for yourself. Top 5 Things to Enjoy About Puerto...
Compare listings
Compare
English