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Real Estate Prices in Mexican Tourist Destinations Are Up 30% in Recent Months

Puerto Vallarta, Mexico—Tourist areas and border areas of Mexico are witnessing an unprecedented surge in housing costs throughout 2024, thanks to a strong peso, sparking significant concerns within the country's real estate sector. CONTINUE READING Already a Subscriber? Login Here
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Mexico’s President Acknowledges Real Estate Cartels in Puerto Vallarta

Puerto Vallarta, Mexico - In a recent address, President Andrés Manuel López Obrador acknowledged the pervasive issue of real estate corruption in Puerto Vallarta and other parts of the country, urging municipalities to exert greater control over development projects and prioritize the preservation of natural landscapes for tourism. CONTINUE READING Already a Subscriber? Login Here
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Rise in Peso’s Value is Slowing Expat’s Plans to Move to Mexico, and Altering How Expats Live in Mexico

Puerto Vallarta, Mexico - Brighton West's journey from the Pacific Northwest to the sun-soaked beaches of Mexico was not a deliberate move but rather what he calls "a little accident." The 51-year-old American, seeking respite from the pricey real estate market in California, stumbled upon an unexpected opportunity during a weekend getaway to La Paz,...
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Puerto Vallarta Real Estate Market Surges as LGBT+ Tourism Drives Demand

Puerto Vallarta, Mexico - In the bustling coastal city of Puerto Vallarta, a remarkable shift in the real estate landscape is underway, fueled by the burgeoning tourism from the lesbian, gay, bisexual, and transgender (LGBT+) community. Over the past two decades, this demographic has solidified its presence in Puerto Vallarta, with its influence extending far...
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Unchecked Growth of Platforms Like Airbnb is Ruining Puerto Vallarta

Puerto Vallarta, Mexico - In Puerto Vallarta, the proliferation of digital lodging platforms, notably Airbnb, has sparked a surge in real estate development over the past decade, particularly in central areas of the municipality. This trend, as highlighted by Alfonso Baños, a researcher and doctor in City, Territory, and Sustainability at the University of Guadalajara...
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Amapas Neighborhood Association Unveils Ambitious “Amapas Ascent: Stairway Stories” Project

Puerto Vallarta, Mexico - The Amapas Neighborhood Association has unveiled plans for the next phase in the revitalization of the stairs connecting Lower Amapas with Upper Amapas, heralding a project titled "Amapas Ascent: Stairway Stories." Renowned local artist Danyol León, also known as Tamale Ringwald, will spearhead the initiative, bringing his creative vision to life...
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Puerto Vallarta Ranks Among Top Three Most Expensive Tourist Destinations to Live in Mexico

Puerto Vallarta, Mexico - For those seeking a change of scenery or contemplating a move to Mexico, the nation offers a plethora of enchanting cities with varying housing costs and attractions. While some locales boast more affordable living options, others command higher expenses owing to their allure and popularity among international tourists. Among these, Cancun,...
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AI: The Revolutionary Force Transforming Mexico’s Real Estate Sector

Puerto Vallarta, Mexico - In a time where technological advancements continually redefine industries, the Mexican real estate sector is experiencing significant evolution, driven by artificial intelligence (AI). Hugo Carvajal, Business Development Manager at Xira, provides deep insights into this transformative trend during an interview with Real Estate Market & Lifestyle. CONTINUE READING Already a Subscriber?...
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Puerto Vallarta Seeks to Expedite the Process of Reopening Real Estate Developments Closed for Environmental Violations

Puerto Vallarta, Mexico – In a move to invigorate the local economy and provide clarity to real estate investors, Francisco José Martínez Gil, the interim mayor of Puerto Vallarta, has engaged in pivotal discussions with representatives from the Ministry of the Environment and Natural Resources (Semarnat). The primary agenda of these meetings was to expedite...
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Semarnat and Profepa Concealed Names of Real Estate Developments Closed in Puerto Vallarta

Government Lifts Closure on the Construction of Two Real Estate Developments in Puerto Vallarta

Puerto Vallarta, Mexico – The Federal Attorney for Environmental Protection (PROFEPA) has imposed environmental compliance measures on several real estate developments in Puerto Vallarta, as reported by Raúl Rodríguez Rosales, the local delegate for the Ministry of Environment and Natural Resources (SEMARNAT). In a recent update, two of these developments have met the necessary regulations,...
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Timeshare in Puerto Vallarta Continues to Grow

Puerto Vallarta, Mexico - In an exclusive interview, María de Lourdes Ayala Ochoa, President of the Association of Timeshare Tourist Developers and Promoters (Adeprotur) of Puerto Vallarta and Bahía de Banderas, discussed the future of the timeshare industry, emphasizing the importance of innovation and aligning offerings with member preferences as the sector moves towards 2030....
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Mexico’s Vacation Home Market Sees Decline in Sales Amid Construction Slowdown

In 2023, the vacation home market in Mexico experienced a notable decrease in sales due to a combination of high demand and a slowdown in construction. According to Gene Towle, general director of the consulting firm Softec, approximately 15,399 vacation homes and apartments were sold across the country's 15 main markets last year, marking a...
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