Real Estate
Buying property in mexico
Mexico Home Buyers Tool Kit
The U.S. State Department estimates that there are twice as many people buying a home in Mexico today than there were just a decade ago. Many are buying in new waterfront resorts targeted to Americans in popular destinations like Puerto Vallarta, Cancun, Sonora and the Baja Peninsula.
The appeal is more than just the thought of permanently toasty weather. The cost of living, from housing to health care, is significantly lower in Mexico than it is in the U.S. That makes the country especially attractive to retirees on fixed incomes, as well as to younger telecommuters and others with portable jobs fleeing high-cost U.S. cities. Increasingly available creature comforts like high-speed Internet access are making the country more attractive to Americans. In Baja, there's even a Costco with an oceanfront view.
Buying south of the border has its risks, however, so keep these thoughts in mind:
1. Beware of high-pressure sales tactics. Even the fanciest resorts sometimes participate in aggressive sales tactics, offering discounts on meals or popular side trips if you'll listen to a real-estate pitch.
Some good advice: Walk away from anyone who pressures you. If you get roped into signing a deal, remember that you have five days under Mexican law to cancel the contract and get back your deposit money.
2. Obtain title insurance. By Mexican law, foreigners can't own real estate outright within 100 kilometers (about 62 miles) of a border and within 50 kilometers (about 31 miles) of any coastline. Of course, that's just where Americans most want to live. So the Mexican government allows foreigners to buy through bank trusts, with the bank holding title to the property. That generally works well, unless there's a challenge to the title. Although title insurance is more readily available than it was a decade ago, it isn't offered on every property. If you can't get it, just pass on the deal.
3. Check your finances. Often, Americans are lured to Mexico by its comparatively low cost to buy or build a house. But they overlook other costs, which can be much higher than they are stateside. In general, acquisition fees are high, about 6%, and include a mandatory real-estate transfer tax, a fee for a government-appointed notary to handle the transaction, and a bank appraisal fee. And while Mexican property taxes tend to be low, capital-gains taxes on the sale of investment property can reach 35% -- a pretty big bite. For more information, check out Tom Kelly's excellent book, "Cashing in on a Second Home in Mexico" (2005, Crabman Publishing).
Buying real estate in mexico
10 Simple Steps to Home Ownership
A dream home in Mexico is closer than you think. Decide how you will use your new home. Is this purchase a vacation property, second home, investment opportunity, or retirement choice?
1. While you're investigating buying real estate in Mexico, there are several factors to consider. In deciding where you'd like to live, you'll need to consider things like weather, cost of living, activities that you can participate in that are close by, and how you or your family members (whether living with you or just visiting) fit into the place where you're looking?
2. Determine if the new location offers you a selection of things that you're interested in. For example, if you’re looking for a quiet and relaxing place to get away from it all, does your new property afford you that opportunity? If you like more adventurous activities, will you have access to them in your new place? If you need to travel to do what you love (for instance, if you like to take ski trips in winter), does the location have good transportation (public transportation, airports, etc.)? Many people who plan on buying a home in Mexico discover that some of the best destinations, like Puerta Vallarta, offer a blend of both – plenty of space to relax and catch up on the easy life, but filled with activities far and wide to keep things interesting.
3. Is the location close enough in general? Can you drive there? If not, can you fly easily? And if you fly, what arrangements will have to be made for when you are there, and when you're away? And wherever you decide to live, is it close enough (or easy enough) for your friends and family to come and visit?
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5. Purchase your property with a reputable real estate entity like Us. Having a knowledgeable and trustworthy agent (or broker) makes the search for just the right property easy and pleasant, and will help you find what you’re looking for, faster.
6. Ask questions – get to know your potential neighbors, both on the property and nearby. Consult with locals and local officials, visitor centres and/or chambers of commerce to get the inside scoop on where you want to live. Our staff would be more than happy to connect you with others who have chosen to do business, selling or buying luxury vacation homes with us.
7. Research the property and the destination as much as possible. There's a multitude of information available in travel books and on the Internet, including descriptions of properties and locations, fellow traveller’s and buyer’s reviews, and images of the area you’re interested in.
8. Come visit. If you’re interested in any of our destinations, it’s easy to book a discovery package to get acquainted with our luxury vacation properties:
9. This is the best way to try the property on for size, visit local restaurants, see the sights, and generally get to know us. To find out more about arranging a discovery package:
· To start; Ensure that your passport is in good standing. Passports will be required for travelling to many parts of Mexico to research a potential second or retirement home.
9. Get your finances and personal life in order. Make sure you have a solid understanding of what you can afford to spend on a second or retirement home.
· Determine what steps you need to take at home to take on the responsibility of a second home, before you start buying real estate in Mexico.
Get started on the next, and possibly most exciting, step
· In your life – a luxury home in one of Mexico’s most sought-after destinations brought to you by one of the most trusted providers of vacation homes in Mexico.
Source: http://www.realestatejournal.com/columnists/housetalk/20070122-fletcher.html
INVEST IN A VACATION HOME
Invest in Yourself
According to several sources, the values by 7% - 10% annually continued development and investment in places like Puerto Vallarta has had the effect of increasing property with as much as 20% or more in the most coveted communities. The annual inflation rate in Mexico hovers at about 4% and is coupled with the robust growth of the Mexican economy (at a rate of approximately 3.8% annually). These numbers are compelling and hint at the remarkable investment opportunities waiting for potential investors in Mexican real estate. Here is a sample figure to help calculate the value of second home ownership over inflation: A home purchased in Mexico for $250,000 today, with an annual increase in property value of 8.5%, would have a value of $565,246 in 10 years and $1,278,011 in 20 years.
RETIRE TO MEXICO
Spend your Golden Years on Golden Shores
1. Weather
2. Proximity
3. Affordability
4. Safety
5. Healthcare
6. English Language
7. Friendly Environment
8. Companionship
1. Weather: As we age, we become less tolerant to temperature shifts and a cold climate. Bound by two oceans, Mexico offers mile after mile of beaches that feature varying kinds of weather – mostly warm and sunny. That’s not to suggest that Mexico doesn’t have its weather challenges – hurricanes off the Gulf of Mexico, for example, are as common in Mexico as in the United States – but the country is known for warm sea breezes and tropical weather. Back to top
2. Proximity: As next-door neighbors to the United States, Mexico is close enough to get to easily, both for you to visit the US, as well as for the family and friends you left behind to come visit you in your new home.
3. Affordability: Although there are plenty of ways to spend lots of money south of the border, Mexico traditionally is a place where the simple things in life – sunshine, sea breezes and a friendly environment – are totally free. The day-to-day necessities are usually reasonably priced( especially for a “local” which is what you'll be) and the financial requirements of life in most of Mexico suit people living on fixed incomes.
4. Safety: You’ve spent a lifetime working for your own security. As a retiree, the last thing you need to worry about is your own safety. Each year between 15 and 16 million US citizens visit Mexico, with more than 385,000 Americans living there throughout the year. Like the United States, Mexico has varying degrees of crime. In some areas of the country (such as the southern state of Chiapas), politically motivated demonstrations can sometimes become violent. In metropolitan areas, as well as along the Atlantic and Pacific coastal vacation towns, crime is relatively low and rarely violent. As in the United State, common sense prevails. If you have one, you’ll want to use a safe for valuables left behind while you go out. And when you go out, don’t dress in a way that would make you a victim. Avoid attracting attention by wearing flashy jewelry, watches or clothing. Don't flash large amounts of cash and use caution at ATM's, and naturally, women should avoid walking alone at night. The US Department of State continually updates security information on its website at: http://travel.state.gov/travel/tips/regional/regional_1174.html.
5. Healthcare: Mexico’s healthcare system has been improving for many years and, while it is still not on par with the United States, there are several factors that can contribute to your well-being:
a. Many of Mexico’s doctors are English-speaking and trained in the United States
b. Most of Mexico's doctors have a wide range of skills, and even specialists can mend broken bones or treat general illness
c. Cities with a large number of retirees tend to have a large number of specialists in the fields of heart, cancer and cosmetic surgery
d. Mexico’s proximity to the United States makes it easy to return home for specialized care
e. Retirement in Mexico can be virtually stress-free, ensuring greater health due to environmental factors
f. Mexico offers year round fresh fruit and vegetables picked and eaten at their peak for better taste, so you eat more of them
6. English: Because of its location next to the US, Mexico has a large percentage of the population who speak English. This is especially true in metropolitan areas and where US citizens live and vacation.
7. Friendly Environment: Mexico’s population is overwhelmingly friendly – Puerto Vallarta, for example, was voted the “friendliest city in the world” by Condé Nast. Because most of the country realizes that American investment in tourism, second-home ownership and retirement is a critical boom to the Mexican economy, Americans are welcomed with opened arms.
8. There are others like you: It is estimated that almost one-in-four of the 4 million Americans living overseas is living in Mexico – more than 600,000 permanent citizens, in fact. When you retire there, you’re going to enjoy the company of others just like you – old enough to do something exciting with their lives and smart enough to do it in a place that is easy, warm, friendly and comfortable.
Retirement in Mexico is a wonderful opportunity to experience golden years on the golden shores in; one of the most sought-after destinations for US retirees in the world. Retirement itself will depend on your age, health and financial status, as well as what you plan to do with the rest of your life. Mexico offers the kind of experience you may never have had: the chance to live abroad in an easy, comfortable environment with many options to interact with new people in an alluring place. Here are some things to remember when considering where to spend your retirement:
HOME OWNERSHIP IN MEXICO
SECOND HOME OWNERSHIP
There is any number of reasons to purchase a second home in Mexico. As a vacation destination, Mexico offers unparalleled beauty and hospitality in a warm tropical environment that is close to home. The country offers well developed communities in sought-after locations up and down both coasts, particularly in the renowned tourist areas that have made Mexico a travellers’ dream come true for decades. There are several benefits to owning your own property in Mexico.
If you’re looking for a consistently attractive vacation destination, you will avoid surrendering “wasted” money in the long term by paying the mortgage on your own home instead of paying rental fees to someone else. Thus, you secure your own piece of paradise in a location where you travel on your terms. Because Mexico neighbours the United States, maintaining a second home here is easier than it would be if you bought a home in another country (like in Europe), or even in another state! The flight from Los Angeles to Puerto Vallarta is 3 hours, from Seattle it's 4 hours and from Chicago it's 4.5 hours. Compare that with flight time from Los Angeles to New York City – 5 hours and 15 minutes.
HOME OWNERSHIP IN MEXICO
We are experienced in creating flawless vacation. We are trusted lin retirement, vacation and second home ownership in our country. Understand the process that you go through to obtain your piece of paradise and will guide you through the legal and emotional steps… Home ownership in Mexico is sublime. No matter your reason for purchasing property…
Consider Travel and Tour México to be your Guide in Travelling, living and much more…
Harmonizing your life, style and much, much more…
UBICACIÓN: Los Ayala, En Rincón de Guayabito, Municipio de Compostela Nayarit
En el poblado LOS AYALA se encuentra hacia el sur del rincón de Guayabitos.
Cuenta con una encantadora playa de arena dorada y suave, de 1 km. de longitud.
Con aguas que varían de azul a verde, mediante tranquilas, pero de una profundidad un poco mayor que rincón de Guayabitos y por lo tanto llega a ser templada, existen riscos en ambos extremos de este lugar, lo que hacen un sitio perfecto para el snorkel.
Cuenta con servicio de renta de bananas, kayaks, lanchas para pasear en la playa o hacer recorridos a la isla cangrejo, isla del coral, cerro del beso, playa Tortugas, Guayabitos etc. Se puede practicar el buceo y observar corales, flor blanca, manta rayas, palmitas, estrellas y peces de color.
localidad los ayala
Mapa localización
Esta pequeña playa se localiza a dos kilómetros aproximadamente de Rincón de Guayabitos. Su longitud es de 1.2 kilómetros y su anchura de 30 metros; su oleaje y pendiente es suave, la tonalidad del agua varía del azul al verde, de acuerdo a la profundidad; su arena es dorada de textura fina. La vegetación predominante es de palmeras.
Cuenta con servicio de renta de salvavidas, bananas y lanchas, para pasear por la playa o para hacer recorridos a la Isla del Coral, Cerro de La Cueva, Playa del Beso,
Playa Tortugas, Guayabitos e Isla del Cangrejo; con tiempo aproximado del recorrido de una hora.
Bungalós en Los Ayala
Viva la experiencia de Mar y Paz Bungalow, fue creada para servirle y atenderle a usted como se merece; que se sienta en su hogar aun cuando salga de él, porque nosotros somos su casa.
Hemos logrado la satisfacción de todos nuestros clientes y sus familias, brindándoles la atención y dedicación adecuada; nos preocupamos porque se sientan a gusto durante su estancia.
Cuidamos hasta el más pequeño detalle, siempre tratando de mejorar cada día para poder ofrecer una mayor cantidad de servicios, de la mejor calidad a los clientes que nos visitan. Contamos con personal calificado que siempre le atenderá con gusto y cordialidad, porque la persona mas importante de nuestra empresa es: USTED!!
Colindancias.
Noroeste: 27.80m. con Lote No. 0
Suroeste: 9.96m. con avenida del Coral
Noroeste: 10.00m con Océano Pacifico
Suroeste: 28.26m. Con lote No. 1
Descripción:
Superficie: 278.96m2
Uso especifico: Hotel
Unidades Rentables: Trece
Destino de construcciónes: Bungalós
Lote del terreno enfrente de los bungalós
Colindancias.
Lienzo Charro
