Skip to content

{ Monthly Archives } April 2008

The condo boom moves on to Latin America

What to do when you have a network of real-estate brokers selling new condominiums, but few new condos to sell?
Edgardo Defortuna, who has made millions selling South Florida condos, hopes one answer is found on the Pacific shores of Mexico.
Defortuna, who heads Fortune International, last year agreed to start selling condo units built by Miami’s [...]

Quartet target Marseille adventure

They say that paradise is a state of mind. When the ingredients are all of the highest quality, it can also be a place. Puerto Vallarta, Mexico qualifies for this distinction and the flamboyant tourist city, situated on the Pacific Ocean’s Bahia de Banderas, is set to host a major international beach soccer event for [...]

Investment in Mexico

Foreign investment in Mexican real estate is on the rise, and many favorable factors conspire to keep this trend moving forward.
 
Investors and developers are increasingly looking to Mexico as a land of opportunity. While Mexico’s economy is closely tied to that of the United States and is expected to be impacted in some measure by [...]

January 2008 Newsletter From Costa Careyes Polo Club (Mexico)

From the sunny Costa Careyes on the Mexican Pacific coast, south of Puerto Vallarta, we wish you the best for year 2008.
Our 20th polo season started great with Thanksgiving in November 2007, having 2nd Ladies Tournament Copa Giuliana and mens cup, Copa Sombras.
Recently finished Christmas and New years season was also very special, having guests [...]

How the Super-Rich Buy Homes

It’s not easy for a movie star, basketball player, or corporate chief to buy a house without attracting a bit of attention.
It requires ingenuity—and help from pricey lawyers—to keep the paparazzi, celebrity bloggers, and stalkers guessing. Last year movie star couple Brad Pitt and Angelina Jolie failed to hide their $3.5 million purchase of a [...]

Indian priest for Heidi Klum

A Varanasi pundit — Tripathi – would travel to Mexico to bless German supermodel Heidi Klum and her singer husband, Seal, on their third anniversary on May 10. In fact, the invitation card, that arrived last week, took the recipient, Shailaish Tripathi – a pundit and government-approved tourist guide – by surprise.
Designed in Indian style with [...]

Do homework before buying abroad

Many people have dreamed about buying a second home outside Canada for recreational or investment purposes, or possibly a snowbird or retirement lifestyle.Most think of buying in the United States. Others think of Mexico or other countries. Some actually turn their dreams into reality. There are many examples of Canadians who have enhanced their quality [...]

Not much to do, but all that mattered

Guess what! There’s another way to live besides work, work, work, rush, rush, rush!
I am just back from a week in Mexico, where residents seemed to amble, not run, through their daily routines.
In our little town – San Pancho, north of Puerto Vallarta – people kept busy enough, but their tasks seemed closer to home [...]

Expo to Explore Second Homes South of the Border

How to Buy a Home South of the Border, one of many topics to be covered at Escapes! Second-Home Expo
THE WOODLANDS, Texas –– Spending time south of the border has always been a favorite vacation option for Americans. But now, an extraordinary number of U.S. citizens are putting down roots in the sandy shores to [...]

Sam Zell: Sees No Real Estate Opportunities In US, Europe

LONDON -(Dow Jones)- U.S. real estate entrepreneur
Sam Zell said Tuesday he sees no significant opportunities in the European or U.S. property markets.Zell, who is chairman of Equity Group Investments, said “as an equity investor I see little opportunity in the U.S. and even less in Europe,” advising investors instead to look to emerging markets for [...]

Mexico Real Estate: US Escrow vs. Mexico Escrow

The Same Word yet Two Countries Apart
Transaction security is essential to a healthy real estate market. However, many new buyers are surprised to learn processes that they take for granted in the United States are either
optional or don’t have an exact equivalent in Mexico. This column will explain the key differences pertaining to the term [...]

In Mexico, Luxe Newcomer Adds to the Riviera Nayarit’s Cachet

The up-and-coming Riviera Nayarit region, along Mexico’s Pacific coast north of Puerto Vallarta, has a new luxury resort. The Hotel des Artistes (www.hoteldesartistesdelmar.com) in the Punta de Mita Beach Club and Spa, in the town of Punta de Mita, features two- and three-bedroom oceanfront suites with original Mexican art (available for purchase) and kitchens outfitted [...]