What’s struck me recently about Mexico — apart from the usual beauty of its beaches, mysticism of its colonial cities, delectability of its culinary arts, and friendliness of its people — is how different the reality is from the perception. In the United States, we’ve grown inured to hearing that you just can’t travel to […]
Continue ReadingThere is a way to protect yourself from currency fluctuations that may increase the cost of your property. The worldwide foreign exchange market is huge, with average daily turnover totaling approximately $3.2 trillion. In this industry, around 95% of all currency transactions are purely speculative, with the majority of trades being made by banks and […]
Continue ReadingForeigners can buy or invest in real estate in Mexico without any restriction, except in the coastal and border areas. There, foreign individuals and branches of foreign corporations can have 100% control of property through a real estate bank trust. Mexican corporations with foreign capital are allowed to buy directly if the property is to […]
Continue ReadingIntercasa Aug 7, 2014, 11:07 AM Real Estate Appraisals in Mexico. Here in Mexico we have three types of real estate appraisals. They are Tax (Catastral), Bank (Bancaria) and Commercial (Comercial). All appraisers must be licensed and most are engineers or architects who have postgraduate courses and state licenses and are also “peritos” or experts. […]
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The real estate market can be divided into five distinct zones. The most northern zone, in the STATE OF NAYARIT, is approximately 45 minutes from central downtown Puerto Vallarta. The mega-resort in Punta de Mita is under way and this area will become one of exclusivity, anchored by the Four Seasons Hotel. Returning toward Puerto Vallarta […]
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