MARKETING INITIATIVES FROM CHRISTIE’S GREAT ESTATES Transfer Data Feed to Wall Street Journal Goes Live If your company uses the data feed service to post property ads on the Christie’s Great Estates Web site, your ads now appear on www.wsj.com at no charge to you. The Transfer Data Feed automatically re-routes your company’s feed to [...]
New Financing Programs Now Available for Punta Mita Buyers
Developer financing for luxury properties now available at resort-home community on Mexico’s Pacific Coast PUNTA MITA, Mexico–(BUSINESS WIRE)–For the first time, developers within Punta Mita are offering below-market financing rates for buyers of select properties at this prestigious 1,500-acre gated community on Mexico’s Pacific Coast. “Developer financing is a great opportunity for buyers at Punta [...]
Open House hosted at Quinta Crescencia – Thursday, February, 5th from 2 pm to 6 pm
Dear Realtors, You are all invited to Open House hosted at Quinta Crescencia located right by Rio Amapas at Sierra de Los Pinos No. 130 Col Amapas. House will be open for you to visit this following Thursday, February, 5th from 2 pm to 6 pm. You will be welcomed with Wine and [...]
Mexico’s 2008 Private Tourism Investment Up 34% To $4.64 Billion
Thursday January 29th, 2009 / 21h16 MEXICO CITY -(Dow Jones)- Private investment in Mexico’s tourism sector rose 34% last year to $4.64 billion, Tourism Minister Rodolfo Elizondo said Thursday. States that saw major investments included Quintana Roo, where the Caribbean resort of Cancun is located, as well as the Pacific coastal states of Nayarit, Baja [...]
Sayulita: Mexico’s Surf City
A small Mexican village caters to surfers and anglers looking for a slower pace and great experiences. CHESTER ALLEN; THE OLYMPIAN Published: 01/29/09 3:06 am | Updated: 01/29/09 3:01 am This low-key village about 40 minutes north of bustling Puerto Vallarta doesn’t have sprawling beachfront hotels or rumbling discos where tourists [...]
Joint Broker’s Open House in Punta Mita, this Thursday from 12 noon to 4 pm
Please join all of us for a Joint Broker’s Open House in Punta Mita, this Thursday from 12 noon to 4 pm. The following Fine Homes will be available for viewing at that time: Casa Las Palmas 1, Lot 8 in Ranchos, Punta Mita http://www.casalaspalmaspuntamita.com/index1.htm Villa Aurora, Lot 17 in Ranchos, Punta Mita http://www.lapuntarealty.com/aurora/ Villa [...]
Four Seasons Residence Club Punta Mita announced last week the unveiling of 15 new fractional villas available to owners.
Four Seasons Residence Club Punta Mita announced last week the unveiling of 15 new fractional villas available to owners. Adjacent to Four Seasons Resort Punta Mita, the Residence Club has generated excitement and demand from the day it broke ground in June 2005. Four Seasons remains committed to raising the bar for luxury, service and [...]
Current Hot Topics in the Mexico Resort Real Estate Market
By Matthew A. Miller http://www.mexidata.info/id2135.html As the Mexico resort real estate market continues to gain popularity among North Americans, one common theme exists; an increasing demand for insightful and relevant information among the entire Mexican resort real estate community, including developers, realtors, owners, resellers and potential buyers. This is especially true in light of today’s [...]
Luxury vacation club is financially threadbare
Lusso Collection — offering access to multimillion-dollar getaway homes around the world — has filed for bankruptcy protection. By JIM BUCHTA, Star Tribune Last update: January 25, 2009 – 10:12 AM For a busy executive like weatherman Paul Douglas, vacation means exploring the world with the comforts of home but none of [...]
Sayulita becoming the next dream vacation spot
I’ve had the same dream each night in this tropical paradise just a half-hour north of Puerto Vallarta. Long, shimmering lines – ocean swells – march in over the horizon. They look like moving walls of water – and they are. The coughing booms of waves hammering sand fill my mind. Then I wake up, look [...]
Four Seasons Residence Club Punta Mita, Mexico Opens Phase II
PUNTA MITA, MEXICO — 01/15/09 – Four Seasons Residence Club Four Seasons Residence Club Punta Mita is pleased to announce the unveiling of Phase II – with 15 new fractional homes available to owners on January 15, 2009. Adjacent to Four Seasons Resort Punta Mita, the Residence Club has generated excitement and demand from the [...]
Real Estate Tax in Mexico
Taxes are usually paid in cash and all people are obligated, as provided by law, to pay them to the Mexican government. The Constitution establishes the rights and obligations of all citizens and one of these obligations is precisely the payment of taxes. Taxes are one of the principal ways by which the government [...]
Mexican coast playground is truly a (snow)birders’ paradise
Accommodations range from plain to perfectly posh Joseph Kula, Special to The Province Published: Sunday, December 14, 2008 R iviera Nayarit (it rhymes with sweet) is for the birds, literally. This 160-kilometre playa-lined playground on Mexico’s north-central coast stretching from Nuevo Vallarta in the south to San Blas in the north draws snowbirds from as far [...]
New Real Estate Law: January 1, 2009
We would like to thank Mitch Keenan for this update on a new law related to selling property in Mexico. Any foreign person (non-Mexican citizen) selling property in Mexico will now be required to have an FM-2 Visa, in addition to electric bills and fidecomiso in their name(s) (as their names appear on their passports [...]
El Encanto – Punta Mita Update
El Encanto has sold out Phase One of its Condo La Vista condominiums and a second release is selling very well. As well, the three Villa El Mirador properties are ready for occupancy, featuring more than 4,000-square-feet of indoor and outdoor living space in a split-level configuration. Also “move in” ready is a Residencia La [...]
The 10 Worst Assumptions of 2008
December 15, 2008 01:39 PM ET | Rick Newman | Permanent Link | Print An old military saying has become popular on Wall Street: “Amateurs study the plan. Professionals study the assumptions.” It’s too bad that nostrum wasn’t in fashion a few years ago, when it seemed as if nothing could go wrong in the [...]
LaSalle: Real estate valuations to fall in ‘09
By Arleen Jacobius Posted: December 16, 2008, 11:01 AM ET Real estate valuations are expected to fall next year, with the low point in the cycle expected in 2010, according to LaSalle Investment Management’s Investment Strategy Annual, a comprehensive survey of global real estate markets. Commercial real estate will decline in value in 2009 as [...]
Use caution before ‘running away’ after retiring
by Wendell Cayton Local columnist Posted December 15, 2008 http://wenatcheeworld.com/article/20081215/BIZ/712159913 If the thought of throwing off the yoke and retiring to an exotic locale where the living is easy and the dollar buys more is enticing, it’s wise to move carefully, keep your dreams in your pocket and your feet on the ground. Our [...]
A Riviera is Born
December 12, 2008 By Mark Jolly Mexico’s new bright star lights up the Pacific coast. view map You might be forgiven for having never heard of Riviera Nayarit, Mexico’s bright young star of the Pacific. For one thing, the 100-mile stretch of coastline didn’t even exist until last year — at least not under its [...]
Lending for ultra-luxury Western resorts: dumb, dumb, dumb
As resorts for the wealthy such as Yellowstone Club, Tamarack, and Promontory tumble into insolvency, you have to wonder what the lenders such as Credit Suisse and Lehman Bros. were thinking. Here’s another tale of toxic assets, poor diligence, and no backup plans. By Jonathan Weber If you want a stark example of the kind [...]
Investor Report: Diversify in Mexico
December 5, 2008 By Kenneth R. Harney http://www.homes101.net/news/n4296/ Investors looking to diversify their portfolios into land or rental properties — that are still gaining in market value — ought to look south of the border. But they should focus their shopping on the top “fly in” resort locations in Mexico — and avoid “drive in” [...]
Famous Swimming Pools
Any piece of luxury real estate worth it’s salt will probably have a swimming pool on the property. Inside, outside, or both perhaps. This is a guide to the most luxurious, most insane, most expensive, most photographed, largest – and even the ugliest swimming pools in the World Although this started as a serious look [...]
Foreclosure Bargains in Mexico’s Touristic Communities
· Buyer Tips to Clarify Conventional Wisdom about Distressed Properties Buyers today have been regularly trained by the United States (US) media to be on the lookout for foreclosures as one of the staples of getting a great deal in the current real estate market. Yet buyers taking that conventional wisdom south of the border [...]
Destinations to Watch in 2009
by Christine Sarkis, SmarterTravel.com Staff – December 8, 2008 A destination in the midst of inventing itself. Another preparing for its year in the world spotlight. Cities and regions gearing up for year-long parties. Our top picks for destinations to watch in 2009 are bursting with up-and-coming, you’ve-gotta-see-this attitude. Not only are these destinations [...]
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 [...]
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 [...]
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 [...]
Puerto Vallarta Weekend News & Upcoming Events
If you want to stay on top of all of the latest Puerto Vallarta news and learn what you can expect during the coming week, be sure to watch The Weekend Beat every Sunday morning right here on BanderasNews. Hosted by William Michael, this weekly Puerto Vallarta video news report provides a brief overview of [...]
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. If you’re in [...]
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 [...]
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 in [...]
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 [...]
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 now, a [...]
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, [...]
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 . . [...]
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 in Mexico during [...]
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 developments in person. [...]
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 my vision,” [...]
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 [...]
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 03, 2008 [...]
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 [...]
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, restaurant, bar, [...]
MexQuest Mortgage Closes $1 Million Dollar Loan In Mexico
MexQuest Mortgage Corporation, a leader in real estate financing for Mexico with corporate headquarters in Sacramento, California, reports their latest residential loan closing in Jalisco, Mexico in the amount of $1 million US dollars. One example of the many loans they close in Mexico, attributing their success to expert knowledge and understanding of the real [...]
Nayarit Riviera: Mexico’s next hot beach
CHACALA, Nayarit — Along the secluded, jungle-fringed beaches of the Mexican Pacific coast, things tend toward perfection. There are perfect sunsets, explosions of orange and purple as the sun dips nightly over the bays; perfect waves, which rush toward shore in steady, unchanging curls to the delight of local surfers; and it’s where you might [...]
Mexican Pacific Coast Tourism Project to Outshine Cancún
Monday, October 13, 2008 Mexican Pacific Coast Tourism Project to Outshine Cancún By Barnard R. Thompson The Mexican government has announced a major new tourism development that will stretch along the Pacific Ocean coast of southern Sinaloa – a project that will ultimately be twice the size of Cancún. A master planned tourist area to [...]
Boutique Condo Community Ayia Launches This November in Punta Mita, Mexico
PUNTA MITA, Mexico, Oct 09, 2008 (BUSINESS WIRE) — Emini Equities, developer of Ayia Punta Mita, has announced the availability of 27 two-bedroom condominiums for sale starting this November at Punta Mita, a 1,500-acre, master-planned luxury resort community 45 minutes north of Puerto Vallarta. Designed by renowned Mexican architect Jose “Pepe” deYturbe, Ayia (“sacred place” [...]
America’s wealthiest are picking Mexico over Hawaii in a hunt for value vacations
Oct. 6 (Bloomberg) — As U.S. markets spiral downward, America’s wealthiest are redeeming reward points, choosing million-dollar timeshares over luxury third homes and picking Mexico over Hawaii in a hunt for value vacations. Members of Hilton Hotels Corp.’s loyalty program who live in the 10 wealthiest U.S. zip codes redeemed 42 percent more reward points [...]
Mexico Real Estate Versus US Real Estate
A year over year decline in housing prices in the US are very rare, but the failure of financial giants like Lehman and Washington Mutual mean it will probably be a while before housing prices start recovering. Smart Money editor Jack Hough told the Wall Street Journal This Morning Podcast on September 30th that “I [...]
Top 10 Facts About Puerto Vallarta Real Estate
Puerto Vallarta has grown from a quiet little fishing village to one of the fastest growing real estate markets in Mexico. Here are our top ten facts about this investment hotspot. 1. Sales of resort real estate in Puerto Vallarta has increased from $50 million in 2000 to $500 million in 2007 (NuWire). 2. Vallarta [...]
In Mexico, a Sliver of Pacific Coast Untouched by High-Rises
WHEN Joanie Cartal and Ian Purse first visited Sayulita, Mexico, six years ago, it was still a basic torpid fishing village on the Pacific Ocean, the kind of place favored by vagabond surfers and scrawny mutts. They were so taken with the place, which was just being discovered by tourists, that a year later they [...]
Survey Report: Mexico Remains Attractive to International Investors
In a survey released by KPMG this week, Mexico is the only Latin American economy that will increase its participation in the total amount of investment undertaken by multinational corporations in the region in the next five years. Increases are expected mostly in the services and manufacturing sectors. The results were reported as part of [...]
Want to Find Treasure in the Sierra Madres?
Do you remember the 1927 novel, “The Treasure of the Sierra Madre”, which was about a couple of down-and-out Americans that joined up with a crusty old timer to prospect for gold in Mexico? It was later adapted into a film by John Huston in 1948, who returned to Puerto Vallarta, Mexico in 1964 to [...]
Hot 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 [...]
Mexico’s Mortgage Industry Flourishing Amid America’s Financial Collapse
PUERTO VALLARTA, Mexico–(BUSINESS WIRE)–Leading Mexico mortgage broker MEXLend closed a record number of mortgages for 2008, proving that despite the dire circumstances of the American financial market, Mexico’s mortgage industry is not only healthy, but thriving. “This has been an excellent year for purchasing property in Mexico,” says Terence L. Reilly, CEO of MEXLend. “The [...]
Las Palmas Club & Villas Announces Luxury Resort-Style Las Palmas Club For Residents
PUNTA MITA, Mexico – (Business Wire) Next year, homeowners at Las Palmas Club & Villas will have their own private luxury club retreat at Punta Mita, a 1,500-acre high-end master-planned, second-home resort community, located on Mexico’s stunning Pacific Coast. Construction of the Las Palmas Club begins this month and will open in winter 2008-2009 with [...]
Rancho Huracan designed by Jose de Yturbe
Rancho Huracan is a beguiling oceanfront villa estate designed to enchant all the senses and provide owners with a wondrous retreat home. The interior pampers with five plush bedrooms, six impeccable baths, and a host of indulgent touches. Designed by the famous Mexican architectectural firm of Jose and Pepe de Yturbe, this residence boasts an [...]
Villa Los Arcos In El Banco Estates
The home’s great room features three grand arches that perfectly frame what is arguably one of the best views in the entire Puerto Vallarta area. Three of the four bedroom suites, the pool area, and an outdoor sala all deliver this same commanding vista. Other superb features include a gourmet kitchen, an office that could [...]
Villa Mirador in El Banco Estates, Punta de Mita
One of the first two villas to be built in El Banco, Villa Mirador is the epitome of El Banco Elegance. From it’s checkerboard-floor loggia, to its muted-tone interiors, to its grand cantera firplace, this house is a shining example of sophisticated beach living. Perched atop a hill, Villa mirador takes in greand views of [...]
7 Keys to Buying Overseas Retirement Property
U.S. News and World Report While some retirees head straight for America’s sun districts—Florida, South Carolina, California, to name a few—others travel clear across the border to launch their postcareer lives. And since many overseas retirement hubs combine a reduced cost of living with a delightful tropical climate, it’s no wonder they’re so appealing. [...]
El Banco – Tim Koogle
A frenzy of development is going on along Banderas Bay on Mexico’s Pacific coast, highlighted by a 1,500-plus-acre collection of resorts, residences and golf courses on the Punta Mita peninsula at the bay’s northern end. El Banco, at the base of the peninsula, is a low-density resort community headed by Tim Koogle, a former chief [...]
The Grand Tower, The Icon Vallarta lastest offering
The Final offering From Icon Vallarta, The Grand Tower
Who Controls Paradise?
RON STODGHILL The New York Times COSTA Alegre, Mexico CRUISING along the swerving, mountainous roads of Mexico’s western coast, past trees and vines, blue lagoons and scattered wildflowers, Goffredo Marcaccini stops his Jeep and thrusts his head out the window. “Ahhh,” he croons, inhaling the morning air. “The smell of the earth! Nice, like the [...]
The Developments of Puerto Vallarta 2001
The Developments of Puerto Vallarta 2001 The real estate industry is certainly alive and well along the shores of Banderas Bay, which now is referred to as one destination known as “Vallarta”. There is more new construction taking place today than at any other time, bypassing the boom of the late 1980s. It begins in [...]
The Mexican Riviera – Costa Careyes – Costa Alegre
How did Costa Careyes become such a chic international playground? William Middleton charts its rise—along with the quirks, rivalries, and feats of imagination. BY WILLIAM MIDDLETON “Did you see that tree at the end of the pool?” asks Alix Goldsmith Marcaccini on my first night at Cuixmala. “Do you think it works?” I am having [...]
Pacific Mexican Renaissance – The coveted coastline of Mexico is now available for foreign investment
Puerto Vallarta, Mexico – Fly South three-hours from Los Angeles, California to explore unspoiled, tropical, beachfront property. Along Mexico’s Pacific coastline sits the Bay of Banderas. It is the largest natural bay in Mexico. There are about 40 miles of coastline, which has almost 30 miles of beaches and is dotted with intimate coves [...]
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