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Puerto Vallarta real estate is ending with a boom this year

We wrote last quarter that the Puerto Vallarta/Riviera Nayarit region had experienced one of its best quarters in real estate sales between April and July, perhaps its best ever. Well, the third quarter that followed proved me wrong – this quarter managed to even outperform that record period. The number of sales reported to the...
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Foreigners interested in buying real estate in Mexico grew 25% during pandemic

The real estate market experienced an increase of 67% in digital searches for properties in Mexico during the first four months of 2021 (compared to the same period last year), where 65% of interest comes from the national market and the remaining 35% from foreigners, the latter experiencing a growth of 25%, according to Lamudi....
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How to avoid real estate fraud in Mexico

Experts warn that when buying a home, as well as types of real estate transactions, there are risks of being victims of real estate fraud, so it is important to take into account some basic aspects to avoid falling into the hands of criminals. Fernando Rodríguez Bustamante, president of the Zona Poniente Real Estate Group...
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Best areas of Puerto Vallarta to live and buy a house

Are you looking to buy a home in Puerto Vallarta? Here we tell you the best places to live in Puerto Vallarta and invest in real estate. Puerto Vallarta, Jalisco is recognized worldwide, thanks to its historic center and for being a tourist destination that mixes beach, entertainment, and culture. It is the ideal city...
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What do foreigners need to buy property outside the restricted zone?

A foreign citizen can purchase real estate in Mexico. Mexican authorities have established purchase mechanisms depending on where you buy. Restricted Zone Since 1917, Mexican Constitution designated the area within 100 kilometers (62 miles) of Mexico´s borders and within 50 kilometers (31 miles) of the coastlines as off-limits to direct real estate ownership by foreigners....
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Puerto Vallarta real estate is on track for one of its best years in sales

The Puerto Vallarta/Riviera Nayarit region experienced one of its best quarters between April and July of this year, perhaps its best ever. The number of sales reported to the MLS services in the second quarter increased by 50% over the first quarter and already, after just six months, have reached 75% of what was the...
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Puerto Vallarta approves increase in property taxes

In an ordinary session held on Tuesday, the City of Puerto Vallarta, approved by absolute majority, the Municipal Income Law for the fiscal year 2020, which includes a 5 percent increase in municipal taxes. The building agreement initiative presented by Mayor Arturo Dávalos Peña, which will be turned over to the Jalisco State Congress for...
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Real Estate Blog: How to share a deed without an ‘I do’

My partner had a goal: He wanted to be a homeowner by 30. A natural at saving, he built up a down payment throughout his mid-20s. I, on the other hand, always struggled to save. That put us in very different financial positions when it came time to buy a house. We were committed to...
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Records show eight instances of Jalisco selling federal beaches for private use

The Ministry of Environment and Natural Resources (Semarnat) authorized the sale of eight properties in the highly sought after beaches of Jalisco during the last two six-year terms of government, where they handed over 27,580 square meters of property for private use. The transfer to private individuals of the federal assets was carried out through...
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puerto vallarta real estate

What should you consider when choosing a Real Estate Agent?

We know that finding the right real estate agent can be a difficult task, however, you must make sure that they are a person you can trust, since it is one of the biggest and most important transactions of your life. This is why we guide you so that you can know how to correctly...
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New rules in Mexico may limit cash payments for real estate

Mexico is developing rules that would cap the amount of cash that can used to buy real estate, Finance Minister Carlos Urzua said on Friday, part of a push to reduce the use of physical currency in a country rife with money laundering and corruption. Urzua, speaking at a banking convention in the resort town...
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credit score

At What Age Can You Ignore Your Credit Score?

At some point, you’ll buy your last car and refinance your last mortgage. Surely then you can stop worrying about your credit scores. Well, not really, although there are situations when credit scores shouldn’t be anyone’s main concern. Let’s start with some reasons why credit scores still matter, even when you don’t plan to borrow...
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