Below are listed numerous articles about Puerto Vallarta Real Estate. Articles about buying real estate, the regions of Vallarta, financing, title insurance, etc. are available written by our staff, our local real estate professionals.
Puerto Vallarta Division of AMPI Elects New Board: On June 16, 2009, the Puerto Vallarta AMPI Association held its General Assembly at the Hola Hotel. Those in attendance unanimously voted in the new board for the period of 2009-2011.
Education is the Key for Vallarta Real Estate Professionals: On Friday, March 13, 2009, Vallarta Real Estate agents were awarded diplomas for the first A.M.P.I. (Asociacion Mexicana de Profesionales Inmobiliarios) board certified Real Estate I course endorsed by the Instituto de Formación para el Trabajo del Estado de Jalisco (I.D.E.F.T.).
State of the Market: As the high-season ends and we look back at what transpired from November until April, we’ve seen the market go from one of denial to acceptance.
5 Tips to Help Sell Your Property Faster: There is no question that in many areas properties are currently on the market longer. As a seller, this slow-down means there is more competition for a limited pool of potential buyers.
Leaving the Dream in Good Hands: The taxi is waiting. The drapes are drawn and the door double-locked, but a pang of anxiety persists. After all, you’re leaving your special dream dwelling by the bay to fly north, while the pounding surf continues to spray the patio doors, and the balcony plants bake in the Vallarta sun.
Costa Vallarta Real Estate Regions: Because of its popularity as a tourism destination and second-home real estate market, Puerto Vallarta has outgrown its original borders, with neighboring towns now neighborhoods of Vallarta. And real estate opportunities are no longer limited to within Banderas Bay but stretch up and down the northern and southern coastlines. The entire region, commonly referred to as Costa Vallarta, is divided into three primary regions: Puerto Vallarta proper, Riviera Nayarit to the north, and Costalegre to the south. Within these three regions, there are 13 primary areas that are popular for tourism real estate and are used by real estate professionals and their MLS service.
Now that I have Bought Property in Mexico, What do I have to do to Keep Everything Current?: For a foreigner, buying property in Mexico is a new and different experience. Most foreigners spend time researching the procedure of buying property, setting up a trust or a corporation and becoming familiar with the different permits and costs required to close on a property transaction in Mexico. A lot of effort is put into becoming familiar with the “closing procedure” however very little time is spent on understanding what on-going obligations exist after the property has been purchased.
Capital Gains Tax (ISR) on the Sale of Homes in Mexico: This is a subject that everyone wants to know about and everyone wants to find a way to legally avoid. In an effort to keep you up to date, the following is the “cliff note” version of what you need to understand. In 2007 the Mexican government modified the rules pertaining to the exemption of income tax obtained in the sale of primary residences. The reason they did this was principally to close loops holes that allowed the upper class to avoid paying taxes on any homes they owned.
The Value of Real Estate to Our Community: When most people think of real estate as an industry, it brings up images of tracts of single family homes, large commercial and condominium towers and shopping malls. But are there benefits other than providing housing, office space and shopping opportunities?
Puerto Vallarta: A Real Estate Sucess Story: What we can establish as being “a success”? Well, in 2000 Puerto Vallarta had roughly $50 million in resort real estate sales (“resort real estate” is defined as real estate purchased primarily by retirees or second-home purchasers). There were rarely homes selling for more than $1 million and few large real estate developments.
Letting Someone Else Do the Chores: An Overview of Labor Laws for Domestic Employees in Mexico: Cooking without having to do the dishes or even not cooking at all! A beautiful garden without the weeding! The availability of reasonable domestic help makes all this possible for most North Americans living in Vallarta, but be aware that the casual arrangement you make with Maria to straighten up your condo three days a week is a binding legal contract.
Best Place to Retire?: During the past 15 years, International Living magazine has calculated its Annual Global Retirement Index; a resource intended to assist retirees and future retirees in evaluating and comparing the world’s most popular retirement destinations. It is based on a number of criteria, giving various weights to each, depending on its importance to retirees.
Doing Your Homework: If you are reading this, chances are that you have a vested interest in real estate in the Vallarta region. You are most likely a buyer or a seller (or both) or a professional involved in the industry, and you need sources of clear and current information about the state of the market.
Buying Real Estate in Mexico: It is a common misconception that foreigners cannot own real estate in Mexico, but the reality is that they can. It is perfectly legal for a foreigner or foreign corporation to acquire any type of real estate, holding the property as a direct owner, with the exception of properties located in the Restricted Zone.
Why you should use an AMPI broker: The time has come. Whether after one brief trip or following years of visiting Costa Vallarta, you have decided that you want to purchase your very own piece of paradise on the beach.
