Property Blog

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Some areas popular with tourist, including Puerto Vallarta, Veracruz, and Tijuana rank above the national average as high as 16% to 20% for abandoned properties. In Puerto Vallarta the most affected communities are outside of the tourist zone and largely an unnoticed problem that contributes to vagrants and crime in the outlining areas. Mexico’s uninhibited...
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In a growing trend over the last several years, Puerto Vallarta is once again named as a top retirement destination by a travel magazine. International Living’s list of best places to retire in 2015 says Puerto Vallarta’s expat community makes for an easy transition into international living while also offering real estate deals much lower...
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Fideicomiso Hipotecario (FHipo) issued 345 million certificates at 25 pesos per certificate. Local investors bought about 39 percent of the shares, while foreign players bought the rest, the Mexican stock exchange said in a statement. The placement was less than an expected 10.8 billion pesos. The trust plans to use the funds to help purchase...
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Fibra Uno is awaiting approval of the nation’s antitrust commission, known as Cofeco, to finalize the purchases, Rubina told reporters in New York today. The five portfolios include 20 campuses of a university, office buildings, 13 retail properties, seven plots of land and three shopping malls in Mexico City, he said. “The more we grow,...
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Some people thought it was going to be necessary for the foreign buyer to obtain a Taxpayer Identification Number (RFC) and to obtain resident status in order to own property in Mexico. Not so! What really happened is that SAT (Mexico’s IRS) has insisted that the Mexican Notary Public who is issuing the deed of...
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A “perfect storm” of sorts has been brewing for the real estate and mortgage sectors in Mexico, as the nation’s largest lenders and financial institutions make moves that will shore up these vital industries. According to Deputy Finance Minister Fernando Aportela in a recent Wall Street Journal interview, construction employment in Mexico has expanded at...
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Global Mexico Real Estate Institute was recently formed by a group of high profile Mexican REALTORS. It is a bi-lingual, bicultural organization dedicated to delivering international education to the Mexican real estate industry. The four founders have a combined experience of more than 120 years in the international real estate arena. Having searched for courses...
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Everybody is aware of downturn and recession that has affected the whole world. Times are tough but savvy investors are always thinking of safeguarding and increasing the value their investments. Even now, many people are interested in investing Puerto Vallarta Real Estate but the current situation holds them back in putting their money. This is...
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Through an agreement with the Las Palmas Hotel, Puerto Vallarta-based Front Beach Retirement converted the 225 rooms of the all-inclusive hotel into an independent and assisted living community, Front Beach Puerto Vallarta. “We’re offering a buffet-style of living,” says Front Beach Retirement and Mexico Assisted Living Marketing Director Joshua Ketner. “Rather than convert rooms into...
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