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{ Monthly Archives } November 2008

Buying the Dream

 

by Carolina Buia | Condé Nast Traveler

While hiring your own real estate agent may be a good idea, getting a lawyer is a necessity. Ask your agent or a fellow expat to recommend an attorney. The local American consulate and most major law firms in the States can also provide referrals. [...]

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OPEN HOUSE – Vista Paraiso – Punta Esmerald Penthouse

Attn: Realtors
Please join us for wine and hors d´oeuvres at Vista Pariaso PH – Punta Esmeralda, Parota building 501
Thursday, 20th of November from 4PM to 7PM.
A 1% bonus to sales agent who brings the buyer.
VISTA PARAISO TURN-KEY PH UNIT
$1,350,000 USD
Please visit our website for a virtual tour
http://www.lapuntarealty.com/puntaesmeralda/
360 degre view
http://www.lapuntarealty.com/puntaesmeralda/360.htm
VISTA PARAISO
This exquisite Penthouse is a unique [...]

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Comparing 2008 Banking crisis to Mexico’s 1994 Crisis

Although the two were created out of different circumstances, the end result seriously effected the banking and financial industries of both countries. For Mexico, 1994 was a complete financial meltdown. The peso de-valued, many of the banks needed to be bailed out, and credit dried up, literally for years. In 2008, [...]

MLS Activity compared to 2008

 
Here’s some stats I recently compiled from Multi-List Vallarta, comparing 2007 YTD to what has happened so far in 2008.

Please keep in mind that these are based on the “re-sale” sales of the MLS service and do not reflect what may be taking place with new products with developments. As well, keep [...]

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Articles in the Mexico Real Estate 101 Category

 
Articles in the Mexico Real Estate 101 Category
 
 5 Tips on Safely Buying Real Estate in Mexico
Consult the National Agrarian Registry (Registro Agrario Nacional, or RAN) to check if the property is on Ejido land. Ejido land is land that has been set aside by the Mexican government for community farmers and can not be [...]

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Mexico Mortgage Financing – Helping a Slower Mexico Real Estate Market

Mexico Mortgage Financing – Helping a Slower Mexico Real Estate Market

http://www.mexicorealestateinvestment.org/
Since its introduction in the early part of 2005, the cross-border Mexico mortgage market — mortgage financing for foreigners purchasing vacation and retirement homes in Mexico — has been compared by many realtors and developers to riding a roller coaster. But [...]

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Real Estate Trends 2007-2008

 

 

The Vallarta Real Estate Guide
For the past five years, we have prepared a list of trends we perceived to be taking place in the Vallarta real estate market. Information is gathered through interviews with real estate agents and developers, then compiled and reviewed for trends. Each year, interestingly enough, brings new trends, [...]

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Want to buy in Mexico? Here’s what you need to know

 

Buy smart, just as you would in Canada, former Vancouverite recommends

Michael Sasges, Westcoast Homes
Published: Saturday, November 08, 2008

In Mexico, the asking price of a new-construction home is one-quarter to one-third the asking price of a comparable Canadian home. But property ownership by foreigners is restricted. The weather is lovely, but . . [...]

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Potential Solution for Real Estate Developers facing slowing sales

 Bruce Greenberg of Montaña Verde, a consulting and appraisal company that has been doing work in Mexico for many years, is currently teaming up with Deloitte Mexico (Deloitte as this time has not signd onto the program officially, but they are studying it), to offer a potential solution for real estate developers [...]

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Take a Tour of Real Estate in Puerto Vallarta

Mexico Real Estate Tours offers educational seminars on Mexico real estate and guided tours of Puerto Vallarta real estate. If you are serious about buying a home in Mexico, this is a great way to learn everything you need to know about safely buying a property and also check out several quality [...]

Tour Puerto Vallarta by 360° images by Paco Ojeda

360

360 Spotlight: Dolphin Adventure Center: If you love dolphins, a visit to Vallarta Adventures’ Dolphin Adventure Center should top your list of things to do on your Puerto Vallarta vacation! Vallarta Adventures offers a full range of educational and interactive dolphin programs designed for dolphin lovers of all ages and abilities.  

360 Spotlight: [...]

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eNews for residents, guests and friends of Punta Mita

 

NOVEMBER 2008

Property Spotlight

 Resort News

 Community Spotlight

Introducing Ayia Punta Mita

     
Uniting a spectacular resort setting with lifestyle enriching amenities, Ayia Punta Mita brings a sense of metropolitan glamour to Mexico’s premier beach and golf resort community.
“It is going to be very sleek, eclectic and hip…at least that is [...]

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Mexico’s accumulated inflation rate hits 7-year high

www.chinaview.cn  2008-11-08 10:09:05  
    MEXICO CITY, Nov. 7 (Xinhua) — The Central Bank of Mexico said Friday the country’s accumulated inflation rate surged to a 7-yearhigh of 5.78 percent over the last 12 months till October. 
    The inflation rate, measured by the National Index of the Prices to the Consumer (INPC), rose by 0.31 percent in [...]

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The XIV Puerto Vallarta Gourmet Festival that will be held from Nov. 13 to the 23

Please join us to experience the professionalism, culinary art and culture of French cuisine at Café des Artistes del Mar.
The XIV Puerto Vallarta Gourmet Festival that will be held from Nov. 13 to the 23
2008 at Puerto Vallarta / Riviera Nayarit, Café des Artistes del Mar will be honored to host Chef Gerard Dupont, president [...]

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Explore the Punta de Mita peninsula by aerial photos

Explore the Punta de Mita peninsula by aerial photos
http://puntademita-realestate.com/aerialviews/
Discover the real estate and vacation rental offerings inside and outside the Punta Mita resort, featuring the Four Seasons Resort, the St. Regis Resort, two Jack Nicklaus golf courses, some of the most amazing villas in Mexico, the spectacular oceanfront condos of Punta Vista Signature Residences, Hotel [...]

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St. Regis Makes Landmark Debut in Latin America with the Opening of The St. Regis Punta Mita Resort

Located in Mexico’s Most Exclusive Beach Community, The St. Regis Punta Mita Resort Features Latin America’s First Remede Spa, World-Class Cuisine, Three Infinity Pools with Private Cabanas, Two Jack Nicklaus Golf Courses, State-of-the-Art Fitness Facilities, a Private Beach Club, Tennis Courts and the Signature St. Regis Butler Service
 
PUNTA MITA, Mexico, Nov [...]

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How to buy Real Estate in Mexico

You need your own team when buying Real Estate in Mexico.
If you are a foreigner buying in another country, how are you going to know what questions to ask if you don’t have any knowledge of foreign laws which govern your purchase?
There are no federal agencies which oversee real estate or the agents who sell [...]

Punta Vista Signature Residences on pristine Playa Punta de Mita

Punta Vista are oversized luxury beachfront condominiums on perfect Playa Punta de Mita. Unique in location, quality and space, Punta Vista condominiums are for discerning individuals who want to be in Punta de Mita and prefer a secure and deluxe condo experience directly on the beach. The amenities include a full spa, gymnasium, [...]

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