Articles in the Mexico Real Estate 101 Category
Headline, Mexico Economy, Mexico Real Estate 101, Puerto Vallarta, Retirement »
by Jim Scherrer, Puerto Vallarta Real Estate Buyers Agent
The major Mexican inland retirement communities are located in San Miguel de Allende, Guanajuato, and the Lake Chapala / Ajijic area. For the most part, these inland retirement communities are located in beautiful colonial cities with moderate temperatures year round. Most of the modern amenities and …
Headline, Mexico Real Estate 101 »
If you are planning to buy real estate in Mexico it is important to select a real estate agent who you can trust. A good realtor can be invaluable when you are making a huge financial and life decision. There are several major differences in buying real estate in Mexico versus buying in the US. A knowledgeable realtor can help you navigate the foriegn buying process and advise you on making the best possible decision. One of the dangers in just selecting an agent on the internet is that Mexico …
Baja California, Headline, Mexico Real Estate 101 »
We talked to Mexico real estate expert Mario Restrepo, who specializes in Baja Real Estate and offers property management services in the Baja, Mexico area. His site Baja Open House has articles on Mexico real estate, Baja property listings, and property management services.
Can you walk us through the major steps in the process of buying property in Mexico? How long does the process usually take?
Buying a property in Mexico can be similar to buying a property in the USA if you approach it as such, as we do here in …
Mexico Real Estate 101 »
Mario Restrepo is a real estate agent who specializes in Baja Real Estate and offers property management services in the Baja, Mexico area. His site Baja Open House has articles on Mexico real estate, Baja property listings, and property management services.
When considering buying real estate from a developer in Mexico, it is important to understand the differences between how you might be accustomed to buying new construction in your country of origin, and what is common and legal in Mexico. Specifically, there are financial and title transfer considerations that …
Headline, Mexican property ownership, Mexico Real Estate 101, Oaxaca, Puerto Vallarta »
Well, it appears as though the effects of the mortgage crisis in the US which began in March, 2008 followed by the collapse of the stock market in October, 2008 are finally being felt in Puerto Vallarta. Thanks to the strong Canadian Dollar, tourist expenditures in Vallarta for goods and services, including retirement real estate, held up fairly well for most of 2008. However, during the September/October timeframe, the Canadian Dollar plunged by more than 20%, thus reducing the Canadian purchasing power accordingly. Consequently, both the Americans and Canadians are …
Baby Boomers, Living in Mexico, Mexican property ownership, Mexico Economy, Mexico Real Estate 101, Oaxaca, Retirement, Tourism »
Alvin Starkman M.A., LL.B.
From the roadside it appears to be a Georgia-style prison chain gang, working away with picks, shovels and wheelbarrows, lacking only the supervision of a shotgun toting warden on horseback à la Cool Hand Luke. Such an assessment is not far off, based on the Oxford definition of tequio: “Forced labor, imposed on the Indians by the Spanish.” But here in modern Oaxaca the occasional Sunday tradition is more in the nature of moral suasion or civic responsibility.
In a society still based largely on a cash …
fideicomiso, Headline, Mexico Real Estate 101 »
Mario Restrepo is a real estate agent who specializes in Baja Real Estate and offers property management services in the Baja, Mexico area. His site Baja Open House has articles on Mexico real estate, Baja property listings, and property management services.
The Mexican bank trust is an instrument commonly used for non-Mexican nationals, such as U.S. citizens and Canadians, to purchase coastal land in Mexico. This bank trust in Mexico is known as a fideicomiso. When talking about Mexican real estate in English, most people use the term bank …
Headline, Hotspots, Living in Mexico, Mexican property ownership, Mexico Economy, Mexico Real Estate 101 »
If you have considered retiring in Mexico, you should prepare yourself to become accustomed to a very different culture and way of life. There are several things about living in Mexico that may come as a culture shock. Author Rosanne Knorr encourages those who are interested in retiring to a foreign land to give it a test run. She advocates that retirees spend time in the area of interest, immersing themselves in the local culture while they research things that will impact their future such as Mexican tax laws, the …
Cabo San Lucas, Cancun, Headline, Hotspots, Mazatlan, Mexico Real Estate 101, Property management in Mexico, Puerto Vallarta »
One of Mexico’s most valuable resources is its thousands of miles of tropical coastline which will likely become increasingly more valuable in the future. Here are some of the top locations for beachfront property in Mexico.
5. Cabo San Lucas
At the southernmost tip of the Baja Pennisula, Cabo has become on the top beachfront destinations in Mexico. It has great accessibility from the mainland US, where it can take as little as two hours to get here by air. It also has a strong rental market where visitors are willing to …
Headline, Mexico City, Mexico Real Estate 101, New Developments »
The real estate slowdown has not discouraged Mexico’s richest man to continue to invest in real estate. Carlos Slim, who was named the world’s second richest man by Forbes earlier this year, controls Grupo Carso, which plans to build a $800 million real estate complex in Mexico City. According to Bloomberg.com, the super project will be built on 54,000 square meters where a tire factory once stood and is near the upscale Polanco neighborhood. Bloomberg is also reporting that the plan will include include “430 apartments in three towers, a …
