Land, Luxury, Leisure...

Friday, July 28, 2006 Today’s owners of million-dollar homes are typically younger baby boomers who work for a corporation, maintain diversified investment portfolios, and have household income of less than $500,000. Their homes can include such amenities as entertainment rooms, designer kitchens and wine cellars, according to the 2006 Coldwell Banker Previews International Luxury Survey. [...]

Second-Home Buyers Head South As the price of beachfront property in the United States escalates, more people are looking south of the border for vacation homes RISMEDIA, July 13, 2006-(KRT)- As the price of beachfront property in theUnited States escalates, more people are looking south of the border for vacation homes. That has created big [...]

Sotheby’s Int’l Realty Luxury Network Expanding in More Than 30 Countries around the World RISMEDIA, July 20, 2006-Sotheby’s International Realty Affiliates, Inc. announced the Sotheby’s International Realty R network is now operating in 18 nations and has executed master franchise agreements to expand into 16 additional countries and territories. Since September 2004, more than 100 [...]

Pittman: Mexico set for housing boom, real estate appraiser predicts DAVID PITTMAN Tucson Citizen Mexico in 2006 is similar to the United States in 1940, a country set toembark on a post-depression housing boom. That is the view of Bruce D. Greenberg, a real estate appraiser active in the United States and Mexico. Greenberg believes [...]

Americans looking for land deals migrate to Mexican coast 03:34 PM CDT on Thursday, June 15, 2006 By Angela Kocherga / KVUE News Mexico used to ban foreigners from owning oceanfront property. Now, Americans can buy homes right on the beach, and that’s sparked a boom in once remote regions like Nayarit which sits along [...]

Pacific Hamlet could become Mexico’s next hot stop By Alfredo Corchado SAN FRANCISCO, Mexico – Maybe it was the impossibly bright orange sunsetover the Pacific Ocean, the sound of waves crashing onto the shore, brieflydisturbing the peace and the silence around us. Or it may have been the eclectic crowd – old hippies, yuppies and [...]

Mankarios Partnership To Spearhead New Luxury Projects7/6/2006By Glenn Haussman DALLAS – Hot on the heels of its successful gig managing more than $1.5 billion in assets with Ty Warner Hotels & Resorts, The Mankarios Partnership is moving into the next phase of its evolution. The company, with its expertise in luxury hotel development, asset management [...]

A Mexican trendsetterBy Andréa R. VaucherInternational Herald TribuneFRIDAY, MARCH 11, 2005 COSTA CAREYES, Mexico Approach Costa Careyes from the sea, and the vibrant colors of the houses pop out at you. The indigos and ochres echo the plumage of the exotic birds that inhabit this jungle paradise; the purples and vermilions are as dazzling as [...]

Real Estate News Vallarta real estate, following strong after 2004 sales numbers doubled those of the previous year. It is difficult to give absolutely accurate numbers, since there is no reporting system for the real estate that developers have sold. Vallarta real estate, following strong after 2004 sales numbers doubled those of the previous year. [...]

Real Estate Trends for 2006 The Real Estate Guide December 2005 The growth of the Vallarta real estate market continues to be very strong, with sales tripling for the local real estate association’s MLS (Multiple Listing Service) and doubling for developers compared to the 2003-2004 season. This type of growth is unprecedented for Puerto Vallarta [...]

Price of Land in and around Vallarta Rose 500% in Five Years If you ever considered buying property in Puerto Vallarta, our strong suggestion to you is don’t put it off much longer! To say Vallarta and the entire Bay of Banderas where it is located is experiencing a real estate boom would be wildly [...]

St. Regis Hotels & Resorts breaks ground on luxury property in Punta MitaMonday, May 22, 2006 Steven J. Heyer, CEO of Starwood Hotels & Resorts Worldwide, Inc. , Osvaldo Librizzi, president of Starwood Hotels & Resorts, Latin America, and a host of dignitaries gathered today in the magnificent tropical paradise of Punta Mita to celebrate [...]

The coveted coastline of Mexico, now available for foreign investment, is experiencing a luxury development boom. (PRWEB) April 8, 2005 — The well kept secrets of Pacific Mexico’s dramatic cliffs, coves and sand have long attracted the Hollywood set looking for a quiet escape. Since opening up to foreign investment, Mexico has seen an explosion [...]

What’s Doing In Puerto VallartaBy TIM WEINEROctober 7, 2001 Puerto Vallarta first appeared as a dot on the map of Mexico in 1918, and for two generations thereafter remained a little village. Then Elizabeth Taylor and Richard Burton showed up. They quickly became the world’s hottest couple. He was starring in John Huston’s film of [...]

Buy or Build, or “Fixer-Upper”? Buying land and commissioning a house on it will provide you with much better value for your money: The price of land and construction will be less than an equivalent house bought built.The downside of this, of course, is that you have the additional time, effort and expense of project [...]

The Role of the Notary Public in Mexico The Notary Public is the most important person you will deal with when you make a property investment in Mexico. Do not confuse the role of the Notary Public in the US or UK with its counterpart in Mexico: they are quite different. In the UK for [...]

Financing Your Mexican Property Investment Historically and in many cases today, most property/real-estate deals in Mexico are cash only. Mexican Banks are now beginning to offer mortgage products for the purchase of real-estate in Mexico, although 30-40% deposits are required and interest rates are not as attractive as those in the US, Canada and Europe. [...]

What can a foreigner buy in Mexico? The regulations on the sale of real property to foreigners are found in Mexico Foreign Investment Law. The law gives a Mexican company with foreign capital many more rights than a foreign national. A foreign national can acquire land almost anywhere in Mexico with the permission of the [...]

The History of Land Ownership in MexicoThe History of Mexican Land To really understand how ownership in Mexico works, it is important to understand the history of property ownership and its evolution in Mexico. If you picture a country that has been dominated by foreign owners since the early 1500′s, you will begin to see [...]

Capital Gains in Mexico In a classic western movie called “The Searchers”, starring John Wayne, an Indian spoke in his native tongue, and a Cowboy asked what he said. John Wayne replied, “It’s not so hard to understand if you speak Niyuki Comanche.” Well, the same goes for understanding the Capital Gains Laws in Mexico. [...]