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Semarnat and Profepa Concealed Names of Real Estate Developments Closed in Puerto Vallarta

Semarnat Halts 22 Real Estate Developments in Puerto Vallarta, Stalling $352 Million in Investments

Puerto Vallarta, Mexico — The Ministry of Environment and Natural Resources (Semarnat) has brought the construction of 22 real estate projects to a standstill in Puerto Vallarta, a decision that has reportedly obstructed investments amounting to $352 million, or 6,575 million pesos. Local developers have expressed grave concerns about the federal government's stringent measures that...

New Real Estate Law in Jalisco Aims to Prevent Fraud in Puerto Vallarta Homes Sales

PUERTO VALLARTA (PVDN) - Patricia Virgen Alvarado, president of the AMPI Cabo Bahía Sur section, announced her active participation in working groups focused on the drafting of regulations for the newly approved Law that Regulates the Provision of Real Estate Services in the State of Jalisco. The law, ratified over two months ago, aims to...

Puerto Vallarta Intervenes With Environmental Authorities Who Have Closed Dozens of Real Estate Developments

PUERTO VALLARTA (PVDN) – The city of Puerto Vallarta has stepped in to mediate between real estate developers and environmental authorities regarding the ongoing closure of real estate construction projects. Several developers in Puerto Vallarta approached the city after facing closure seals on their buildings. Approximately 22 construction sites have been sealed, some of which...

Woman Arrested for Suspected Real Estate Fraud in Puerto Vallarta

PUERTO VALLARTA (PVDN) - A woman named Rocío Catalina "V" was recently arrested in connection with a real estate fraud scheme in Puerto Vallarta. The authorities made her available to a Control Judge after her arrest. The capture of Rocío Catalina became possible due to the cooperation of the Aguascalientes Prosecutor's Office, which also facilitated...

Jalisco Real Estate Sector Predicts 6% Growth This Year

PUERTO VALLARTA (PVDN) - The real estate sector in Jalisco is poised to end the year on a positive note, expecting a growth rate of 6 percent compared to last year's figures. This optimistic outlook was shared by Mario Romo Alarcón, the current president of the Mexican Association of Real Estate Professionals (AMPI). Speaking at...

Environmental Groups Petition the City of Puerto Vallarta to Demand a Pause in New Building Permits

PUERTO VALLARTA (PVDN) - Water wars ignite in paradise! As Puerto Vallarta's precious aquifers dry up, Environmental Groups rally against the construction boom and petition the city to stop issuing new building permits. Will their plea quench the city's thirst, or will the all-powerful development companies and greed continue to win? Keep reading to find...

Peso Power! A Strong Peso-Dollar Exchange Rate Could Shift Mexican Real Estate Pricing Trend

PUERTO VALLARTA (PVDN) - Dollar Down, Peso Up! Unleash the Inside Scoop on How Mexico's Real Estate Market is Set to Flip the Script on Property Pricing - Is the pricing of real estate in dollars finally coming to an end? A Monterrey-based startup, Doorvel, has unveiled a comprehensive market analysis that predicts a possible...

Jalisco Cartel Threatens Property Owners to Turn Over Their Homes or Die, Then Sells Property to Fund Criminal Activities

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Do You Want to Buy Real Estate in Mexico? Basics to avoid fraud

PUERTO VALLARTA (PVDN) - As the dream of homeownership in Mexico becomes an increasingly popular aspiration among expats and retirees, potential buyers must be aware of the growing risk of falling victim to real estate fraud. Homebuyers in Mexico lose an average of $35 million US Dollars every year to real estate fraud. According to...

Puerto Vallarta Real Estate Pre-Sale Deals Leave Buyers in Limbo as Government Stops Construction Developments

PUERTO VALLARTA (PVDN) - While the Puerto Vallarta brand continues to stand strong, both nationally and internationally, the real estate sector is encountering significant obstacles. Federal authorities have suspended at least 20 construction projects since last year, which is causing increasing concerns about investment in residential tourist housing. Numerous individuals who have directed their retirement...

Puerto Vallarta is at the Heart of Timeshare Fraud Run by the Jalisco Cartel

PUERTO VALLARTA (PVDN) - Timeshare is never a good investment, even more so when it's a fraud on Americans by one of the world's largest and most dangerous cartels that call Puerto Vallarta home. In an alarming revelation that has ignited a multi-agency investigation spanning both sides of the border, the U.S. Department of the...

FBI Issue Warning to American Timeshare Owners in Mexico: $40 Million Lost to Scams in 2022

PUERTO VALLARTA (PVDN) - In a recent revelation, the United States embassy in Mexico, in collaboration with the Federal Bureau of Investigation (FBI), has issued a warning to American timeshare owners in Mexico. The advisory focuses on an emerging scam targeting this demographic via unsolicited phone calls or emails intending to rent their properties. In...

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