Huffington Post
Ryan McCarthy and Grace Kiser
It was a good year to be rich. Or ultra-rich, for that matter.
The number of U.S. households with a net worth of $1 million or more — excluding wealth derived from a primary residence — grew 16 percent last year, according to a new report by the Spectrem Group, a [...]
John Youden’s Puerto Vallarta Real Estate Blog
Vallarta Lifestyles Publishing Group
At the International Property Journal, there’s a good article on the potential capital gains that can come into play when selling real estate in Mexico, which excerpts taken from another article recently posted in the Baja Times.
Changes in Mexico’s tax laws have made it more difficult [...]
Tagged capital gains tax, international property journal, john youden, mexican rea estate tax, mexico, puerto vallarta, real estate blog, tax, taxes, vallarta lifestylesJohn Youden’s Puerto Vallarta Real Estate Blog
Vallarta Lifestyles Publishing Group
There were two events today in Riviera Nayarit that were attended by the President of Mexico; one in the development of Litibú and the other at the Riviera Nayarit Marina. The Litibú presentation was to inaugurate the Greg Norman golf course. The second, however, was the [...]
Vista Bahia is spacious 4000 sq. ft., 2 level Penthouse with all the amenities
This fabulous “turn key” home is finely appointed with contemporary coastal Mexican decor designed by local interior designer Katherine Nidermaier,
renown for her work designing many high end properties on the north shore including the Four Seasons Private Villas at Punta Mita.
A dramatic [...]
For the past few years we have contacted local real estate developments at the beginning of the year to see how they did for sales for the year prior.
This year the information was a little more difficult to obtain and understandably, with 2009 being a very tough year for nearly every development. Please note that [...]
By ALEXANDRA OLSON
The Associated Press
Monday, February 8, 2010
With Congress still stalled on the big health bill, it turns to smaller pieces of legislation. The House this week will vote on a bill to repeal a decades-old insurance industry exemption from antitrust laws. Some analysts say eliminating the exemption wouldn’t have an impact on competition or [...]
by Eduardo Rosales, Real Estate Attorney at Law
New Capital Gain Tax regulations In Mexico
ISR (Impuesto Sobre la Renta), in general terms applies to income, not necessarily gain. Nevertheless, in real estate transactions, usually is applied to profit and in some cases to gross income. Both Mexican Nationals and non-Mexicans are subject to this tax. For [...]
JANUARY 2010 – Construction
http://www.whoswholegal.com
Mexico has big ambitions. The government wants its infrastructure to be one of the best in Latin America by 2012 and hopes to be in the top 20 countries in the world by 2030. These goals are being matched by increased infrastructure investment in Mexico and this is having a positive [...]
By Alison Agudo
Haute Living
While city living certainly has its perks and many people spend a large portion of their year nestled in their luxury apartments and high-rises, there’s something special about leaving the urban life behind and curling up in one of the following highlighted places where having a second home allows for lifestyle like [...]
By NICHOLAS CASEY
The Wall Street Journal
Investors began 2009 bracing for more drops in Latin American stocks as global markets plummeted in the worst economic crisis in generations. The declines came as the region’s indexes sank to a low point in March.
By year’s end, Latin American stocks managed to stage a striking recovery. Even as [...]
By Elliott H Gue
KCI Investing
In late November Dubai reintroduced world markets to sovereign credit risk when it announced the restructuring of some $26 billion in debt relating to the Dubai World conglomerate. The city-state’s credit default swap spreads (CDS)–a form of insurance against debt default–spiked from less than 300 basis points (3 percent) to over [...]
Thousands of Americans are increasingly traveling to resort towns like Puerto Vallarta, in Mexico, not for vacation, but for the cheap health care. In many cases, reports Ray Suarez, for care they couldn’t afford in the United States.
http://www.pbs.org/newshour/bb/health/july-dec09/mexico_12-28.html
Tagged health care, medical, mexican health care, mexico health care, puerto vallartaBloomberg News
December 24, 2009, 01:58 PM EST
Dec. 24 (Bloomberg) — Mexican stocks rose to the highest level in more than two years after a decline in jobless claims and a rise in durable goods orders in the U.S., Mexico’s biggest trading partner, boosted confidence in the economic recovery.
U.S. orders for goods meant to last several [...]
By Sylvia Longmire
Mexdata.info
Thanks to the bloody drug battles being waged on a daily basis in so many Mexican cities and towns, the country has acquired a terrible reputation as a travel destination in the last few years. While some areas in Mexico definitely need to be avoided by tourists, there are several areas where this [...]
Romantic Package (7 Nights in a deluxe two bedrooms oceanfront suite with up to 4 sleeps)
$2,800 US
Extra Night $295 US.
Tax and Services not Included
▪ Beach Club Suite accommodation with magnificent ocean views
▪ Round-trip airport transfers
▪ Suite montage with rose petals upon arrival
▪ A bottle of Moet & Chandon champagne in your Suite upon arrival
▪ [...]
10 December 2009 8:27 AM
By Rachael Spann
Communications Coordinator, STR
HotelNewsNow.com columnist
HENDERSONVILLE, Tennessee—The luxury segment reported an occupancy increase for the second consecutive week, rising 1.5 percent to 61.4 percent, for the week ending 5 December 2009, according to data from Smith Travel Research.
Overall, in year-over-year measurements, the industry’s occupancy fell 4.9 percent to end the week [...]
Fairfield Inn & Suites Brand will Add 36 Hotels in Mexico
BETHESDA, MD, December 9, 2009 – Marriott International (NYSE: MAR) today bolstered its international hotel development strategy in the Americas by signing an agreement with Pulso Hotelero of Mexico to develop 36 Fairfield Inns in Mexico, which will triple the company’s lodging portfolio there. It [...]
John Youden
Vallarta Lifestyles
Mexmags Publishing Group
MLV
1. In November the average condominium sold for just under US$150,000 while the average sales price for year-to-date was $250,000. Compared to last year, the average sales price for a condominium was $338,000; a substantial drop. This drop has had more to do with demand than actual depreciation as Realtors report [...]
John Youden
Vallarta Lifestyles
Mexmags Publishing Group
We’ve been working on an upgrade to our MLS Search, featured atMLSVallarta.com, for the past few months and its now ready to go live.
We’ve built it around Google Maps, which is definitely the best and most accurate mapping system for the region. You’ll find properties from Multi-List Vallarta (the re-sale MLS) and [...]
American Refugees Seek Health Care in Mexico
Wyatt Cenac examines the Mexican health care system that’s attracting desperate Americans by the thousands.
The Daily Show With Jon Stewart
Mon – Thurs 11p / 10c
American Refugees Seek Health Care in Mexico
www.thedailyshow.com
Daily Show
Full Episodes
Political Humor
Health Care Crisis
http://www.thedailyshow.com/watch/mon-november-30-2009/american-refugees-seek-health-care-in-mexico
Tagged health care, jon stewart, mexican healthcare, mexico, the daily showBanderas Bay, N ayarit / November 16
Bringing high-end tourism and more jobs to serve the Bay of Banderas are goals as president Hector Paniagua Salazar Banderas Bay Municipal Fernando Senderos and president and CEO of Group DINE , yesterday in Punta Mita, opened a second golf course in the presence of Jack Nicklaus.
The corporate vision [...]
By Christopher Reynolds
Chicago Tribune
It’s the time of year when Americans like to flock south of the border — but flu and violence fears may keep many at home. Here’s what you need to know to stay safe on your vacation.
Between Mexico’s drug war entering its fourth year and itsH1N1 flu outbreak beginning with dozens of [...]
By Tom Kelly
One of the main concerns that an agent-broker panel voiced at the recent National Association of Realtors convention in San Diego was a prevailing rudeness in today’s highly competitive market.
Speakers traced the cause to a lack of education, communication and etiquette during the boom years, when when not enough time was spent mentoring [...]
Want to buy a hotel? 2010 may be just the time.
Hopes for an economic turnaround are prompting some hotel investors to get back in the long-dormant acquisition game, laying the groundwork for what could prove to be an active acquisition market next year.
“Like most companies, we did not acquire anything in 2009,” said Leslie Ng, [...]
Sarah Binder
Unique Homes
Two and one-half years ago, Unique Homes traveled to Mexico’s gated, master-planned Punta Mita development to tour the 1,500-acre project’s numerous real estate offerings including bay- and oceanfront lots, hillside villas, a variety of condominiums, townhomes, the existing Jack Nicklaus Signature Golf Course and Four Seasons Resort Punta Mita, and the future [...]
Tagged 04 - Land for sale, Bahia Course, dine, four seasons, gary pepi, homesite lots, iyari, jack nicklaus, jack nicklaus mexico, luxury real esatte, Pacifico Course, punta de mita, punta mita, punta mita mexico, punta mita properties, real estate in mexico, resort homesites, rosseto, st. regism resort, unique homesBy Keith Fitz-Gerald
Commodity Online
When it comes to global manufacturing, Mexico is quickly emerging as the “new” China. According to corporate consultant AlixPartners, Mexico has leapfrogged China to be ranked as the cheapest country in the world for companies looking to manufacture products for the U.S. market. India is now No. 2, followed by China and [...]
BY S ISWARAN
Latin Business Chronicle
Monday, November 16, 2009
About this time last year, the world plunged into one of the most severe economic downturns in history. We are now beginning to see some tentative but encouraging signs of a recovery. The global economy is expanding again and financial conditions have improved markedly.
The challenge now is [...]
By: Laura Del Rosso
Travel Weekly
November 18, 2009
Development continues along the Riviera Nayarit, Mexico’s newest resort destination, although the economic recession and downturn in Mexico tourism have halted some construction and caused other plans to be shelved.
A spate of openings in 2008 added four major hotels: the St. Regis Punta Mita, Villa La Estancia, Dreams Villa [...]
Best for Honeymooners
Base camp: SayulitaJust as drug wars were forcing already cheap Mexico to slash prices to keep tourists, swine flu hit. To fill empty beaches, hotels and airlines are piling on deals, even to the area near Puerto Vallarta known as Riviera Nayarit ($300 flights from L.A.). A surfer’s mecca and fishing village, Sayulita dead-ends at [...]
The Nuevo Vallarta and Riviera Nayarit are the areas in the Puerto Vallarta Real Estate region that have seen some of the most growth and development over the past decades.
During the end of 2009, the government of these regions is laying out a plan to complement the expansion of these key parts of the Puerto [...]
GLOBAL ANNUAL CONFERENCE
The Christie’s Great Estates Global Annual Conference took place last week in Boston, Massachusetts, with 60 affiliate firms represented—40 percent of which were outside the United States. PowerPoint presentations and photos are available at www.christiesgreatestates.net. Here are some highlights:
Ileana van der Linde on Global Wealth
The World Wealth Report is the definitive study of the affluent [...]
For over 20 years, we’ve been offering amazing experiences that can only be created in Mexico. Discover ancient civilizations, stroll barefoot on a pristine, sun-drenched beach and tantalize your taste buds with foods authentically prepared by warm, welcoming people.
Plan the perfect escape to any one of our 10 destinations and find your own made in [...]
Hilary Hylton
Time Magazine
The words Medicare savings are a red flag to some and a carrot to others; depending on where you stand on the issue of health-care reform, the label is code for cuts or a promise to root out fraud and save billions. But far away from the debates in Washington, a group of [...]
A year after acquainting you with Riviera Nayarit, one of Mexico’s top luxury resort destinations, Travel Agent has uncovered the region’s hottest property, Punta Mita.
Stretching over 1,500 acres along nearly 10 miles of Pacific beachfront, the region has been designed by owner and developer DINE, and is in demand with travelers seeking second and third [...]
Last week Christie’s Great Estates hosted this year’s premiere luxury real estate conference for owners and senior management. International executives gathered in Boston to converse about housing market data, social media trends, industry best practices, and much more.
Comprising 137 affiliates, Christie’s represents 900 luxury real estate offices in 42 different countries. Conference attendees shared statistics from [...]
Bloomberg
By Cotten Timberlake
Oct. 16 (Bloomberg) — Spending in the U.S. on luxury goods and services spurted 29 percent in the third quarter from the previous three months, as consumers with the highest incomes unleashed pent-up demand, according to Unity Marketing.
Spending among 1,067 consumers with average annual income of $228,800 rose to $18,826 each in the [...]
Jack Nicklaus Inauguration Event Set for Punta Mita Bahía Signature Golf Course, November 15th &16th
Punta Mita is proud to welcome back golf legend and course designer Jack Nicklaus to inaugurate the Punta Mita Bahía Jack Nicklaus Signature Design golf course. The two-day celebration of Punta Mita’s new crown jewel will take place November 15 and 16, [...]
Investors.com
Luxury homebuyers who’ve sat on the sidelines for much of the real estate meltdown are starting to open their wallets, real estate agents say.
Everyone loves a sale, including the moneyed. They’re drawn to house-hunt, now that the moribund pace of high-end home sales has yielded dramatic price declines.
It’s happening waterfront in the Hamptons, and in [...]
The Wall Street Journal
Mainstream Home Prices May Be Rising, But Luxury Properties Still Offer Deep Discounts
Falling real estate prices are becoming as much a feature of high-end neighborhoods as ocean views, infinity pools and four-car garages.
While the latest data suggests prices for mainstream homes may be stabilizing after several years of pain, the news for [...]
Christie’s Great Estates – News Center
Sibarth Real Estate in St. Barthélemy, French West Indies, sells the 70-acre Gouverneur Bay estate sited on land originally purchased by David Rockefeller
Gustavia, St. Barthélemy — The sale of a €61,200,000 (approximately US$89,000,000) estate was recently announced by Sibarth Real Estate, the Christie’s Great Estates affiliate on St. Barthélemy in [...]
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