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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...

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...

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...

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...

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...

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...

Get more bookings at your vacation rental

If you’re thinking of listing your home as a vacation rental, have a listen to what travelers say makes a space inviting and welcoming, and what’s a turnoff. For starters, amenities and cleanliness matter. “I would have loved better sheets and towels as well as decent soap and amenities,” says Carol VanderKloot of New York,...

Should you pay off mortgage before you retire?

Most people would be better off not having mortgages in retirement. Relatively few will get any tax benefit from this debt, and the payments can get more difficult to manage on fixed incomes. But retiring a mortgage before you retire isn’t always possible. Financial planners recommend creating a Plan B to ensure you don’t wind up house...

5 tips for moving out on your own for the first time (and hopefully last)

If you are already at that age (or already feel the call) to leave your parents' home and find your own space, first: congratulations, well done!; Second, if you feel worried, nerves or fear, it's only natural. You are not alone. Thinking about how difficult and significant this process is, we have thought of some tips...

The most expensive land in the world for sale?

Well, it may not be the most expensive in the world, but it is the most expensive land that has been commercialized in the city of Los Angeles, in the United States. Its price: one-billion dollars! To buy this land known as "The Mountain" and have the opportunity to build a super luxury development, you...

U.S. Green Building Council announces the return to Mexico City in 2019

The U.S. Green Building Council ( USGBC ) announces that Greenbuild, the world’s largest green building conference experience, is returning to México City June 18-19, 2019 and taking place at the Hilton Mexico City Reforma. Greenbuild Mexico will be held in conjunction with SUMe Sustentabilidad para México A.C. ( SUMe ) and offer a forum...

Are millennials in Mexico planning on buying real estate?

A poll "Mexican millennials and housing, what do they want and how do they want to live?" Conducted by Vivanuncios revealed that 42% of young Mexicans returned to their parents' homes when they decided to become independent for the first time: 37% because they lost their jobs; 32% because they didn't have the economic resources;...

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