Pre-Construction Real Estate in Mexico: What To Know

It’s easy to see all the major changes that have been happening in Puerto Vallarta within the last five to ten years, especially if you know the Puerto Vallarta area well. Within the past few years, the Old Town and Downtown neighborhoods of Puerto Vallarta have experienced major transformations as developers are building more and more condominiums to meet the demand for people who are relocating to make Puerto Vallarta their new home. With many new construction projects under way, it has surely altered the charming appeal of Old Town, and many people are not very happy about the effect to the authenticity, charm, and ambiance that has been altered. There are more construction units underway and the change is not going anywhere, so the question is should people purchase pre-construction real estate in Mexico? Continue reading below if you would like to know the top tips to buy pre-construction real estate in Mexico to determine if the investment is worth the risk.

Upscale Condominiums
If you take a quick stroll through Old Town Vallarta, you will quickly notice all the new construction buildings being built amongst the charming, older buildings. Many of the new condominiums that are being built come with modern décor, gyms, an infinity pool on the rooftop, and many high end appliances. These high end amenities are fantastic for people who are wanting to purchase a modern condo that still provides access to the Mexican lifestyle they desire. These new condos come with luxurious amenities, and buyers will not have to worry about keeping up with the maintenance and repairs that come with older, out of date condominiums.

Problems to Avoid
One of the major problems that occurs when purchasing a pre-construction Mexican real estate property is that the product is unfinished, which is a huge risk. It has happened more than once when a real estate property in Mexico has had financial issues, which led to the construction being stopped when it was only halfway done, which left many investors upset along with being scammed out of a lot of money. When you purchase pre-construction real estate in Mexico, it comes with this risk and this can occur anywhere, but you can lessen the chance of becoming a victim to real estate scammers or a developer that is dishonest when you know the tips to prevent it.

Reputable Developer
When you are purchasing Mexican real estate, the most important tip is to make sure the developer is reputable. To find out if a developer is reputable, you should look over their qualifications, and to review the properties that they have completed on time. You should always ask the developer for references and then research the developer thoroughly. If you want to protect yourself, then you should always research and do your homework on the developer before you decide to purchase a pre-construction Mexican real estate property. Don’t decide to purchase any pre-construction Mexican real estate before the research has been done even if the developer promises you big discounts or incentives.

Construction Delays and Risks
It is not uncommon with any new construction projects to have delays, especially with real estate in Mexico. Many of the real estate developers in Mexico will include a contingency clause of 3-6 months past the due date of completion so that they have a buffer in case of delays. You should be aware that your construction may not be ready by the due date, so you should make sure that you are prepared for this so you avoid any unwanted stress. When you are dealing with any pre-construction real estate in Mexico, you should try to negotiate with a small down payment so that your initial investment is minimal. Once you have the key and you can move into the completed property, you can finish paying for it then.

Experienced Realtor
Another helpful tip is to always deal with a realtor that is experienced and qualified when you are wanting to purchase pre-construction Mexican real estate. You should look for one that has an outstanding reputation, and one that knows the local real estate market very well. When you choose a realtor that also has experience with pre-construction real estate in Mexico, then it will be a big help when you purchase your property.

Avoid Risk – Buy Completed Real Estate in Mexico
Last, but not least, a risk-free tip is to only purchase a unit from a property that is already completed. You may miss out on discounts that are generally offered on pre-construction Mexican real estate, but it will be worth it in the long run to avoid the unwanted risks and delays that could occur. One of the best real estate in Mexico properties to consider that is fully complete and move-in ready is Villa La Estancia in Nuevo Vallarta. With solid construction, spacious units, high-end furnishings, and finishes as well as beautifully landscaped grounds, Villa La Estancia is a guaranteed solid investment if you want high-quality real estate in Mexico. In addition to the amazing units, Villa La Estancia is considered a condo-hotel where you also have access to professional and courteous staff twenty-four hours a day who are available to help you with any reservations, tours or transportation arrangements you may need. Visit https://rivieranayarit.villalaestancia.com/ to learn more about all the amazing amenities and services available at this award-winning property.

Villa la Estancia Nuevo Vallarta Real Estate

We hope this information will assist you in evaluating whether purchasing pre-construction Mexican real estate is right for you.

Cabo San Lucas Dream Home real estate villa la estancia

Cabo San Lucas Dream Home

Are you hoping to find a dream home in Cabo San Lucas? Maybe you have been thinking about it for years, and why wait? The time is now to find your Cabo San Lucas dream home. Villa La Estancia Beach Resort & Spa is part of an exclusive AAA Four-Diamond Luxury Resort so you can have world class amenities right at your front door, and not have to worry about maintenance and repairs. Check out Villa La Estancia Beach Resort & Spa today… It is a low maintenance real estate option that is ideal for those looking for a hassle free dream home in Mexico.

Spacious units: Villa La Estancia Beach Resort & Spa in Cabo San Lucas is a gorgeous property with a dream home that is right for every taste. Villa La Estancia 2 bedroom suites are over 2000 square feet and tastefully decorated with high end finishes. Villa La Estancia 3 bedroom suites are nearly 2600 square feet so there is plenty of room for you and your extended family. All the appliances are included as well as well as high end finishes such as travertine floors and granite countertops. No need to hire an interior designer – the work is already done for you and you will love the style. Villa La Estancia units are move-in so you can start working on your tan and enjoying life now. Fully equipped kitchens have a breakfast bar, and stainless steel ovens and stoves, dishwasher and double-door refrigerator with a water purification system already in place. Large living areas are designed for relaxing and private, oversized balconies are the perfect spot to take in the gorgeous ocean views. Real Estate at Villa La Estancia provides luxury resort amenities and services so that you can feel comfortable in your dream home. It’s time to enjoy living, and don’t waste any more moments on the upkeep of your home.

World Class Spa: Villa La Estancia’s world-class Desert Spa is an impressive 31,000 square feet large, and the beautiful Sea of Cortez is a breathtaking background for spa services. Picturesque mountains and warm ocean breezes create a relaxing environment where you can enjoy massages, body wraps, facials, hydrotherapy, or couples’ experiences. Villa La Estancia even has a full service beauty salon and special spa packages. Inspired by the Baja desert, Desert Spa’s exclusive line of body products will leave you feeling pampered and inspired as extracts of agave, lime, nopal, melon and vanilla tempt your senses. Native fruit and herb extracts found in the Baja California area are the main ingredients in these amazing restorative and nutritive products. Make your appointment at Villa La Estancia’s Desert Spa today…you deserve it!

Mexico’s Best: The warm and sunny Mexican climate is a big attraction for Americans and Canadians that are looking for their dream home in Cabo San Lucas. The lower cost of living and affordable healthcare is also worth noting as you will be able to stretch your money and have a great quality of life at your dream home in Mexico. Real estate properties at Villa La Estancia Beach Resort & Spa in Mexico are perfect choices for expats looking for their dream home in Mexico. Are you getting serious about finding your dream home in Mexico? Affordable healthcare, delicious food and vibrant culture make Mexico an ideal place to find your dream home.

Villa La Estancia Beach Resort & Spa in Cabo San Lucas could be the dream home you have been longing for. Don’t let your dreams pass you by!

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Mexican Lifestyle: Is it for you?

Many people have been lucky enough to visit beautiful Mexico a time or two for vacation. Thanks to its excellent year round climate, reasonably priced accomodation & restaurants, and endless stretches of stunning beaches, Mexico has long been a top tourist destination. Now the question is, did you fall in love with Mexico and are considering buying a second home or even moving full time to this wonderful country? Here are some of the things to consider if you are itching to give up the fast-paced American (or Canadian) way of life and ready for an authentic Mexican lifestyle.

Rich History
Some of most attractive elements to Mexico is its rich and interesting history. From its incredible Mayan archaeological ruins to the detailed Spanish influenced architecture and religious practices, Mexico has a lot to offer. There are a large amount of museums, cathedrals and art galleries located in the majority of Mexican cities, especially the two largest cities of Guadalajara and Mexico City, now better known as Ciudad de Mexico or CDMX for short. Even in the smaller towns, you will find cathedrals and interesting Mexican history in every corner if you look for it.

Cultural Festivities
Another important aspect of Mexico is the culture you will be surrounded by on a daily basis. Mexico loves a good party, and there are plenty of bank holidays and religious holidays which means a great time is virtually guaranteed. With festivals and cultural events held on a regular basis, you can be sure to enjoy how colorful and exuberant Mexico and its heritage is at its core. Whether you socialize with the locals or find yourself in a group of expats who have also decided to make Mexico their home, you will never run out of things to do. Your social calendar will likely be much fuller than it was at home where work can interfere with down time with friends and family.

Colorful and Relaxed
In addition to valuing down time, Mexico is truly a country that shines from within. From its food, flowers, street art and colorful buildings, Mexico loves a good color palate. The amazing colors of Mexico create a feeling of coziness and peace that you can’t find everywhere. Another point about living a Mexican lifestyle is that you need to be ready to adapt to a slower paced life in all areas. While most people enjoy relaxing on the beach, be prepared to deal with a lack of punctuality when dealing with businesses and workers. Knowing ahead of time that it is acceptable to arrive late in general, you can avoid stressing yourself out or feeling frustrated by this apparent lack of respect. It is simply part of the culture and can take some getting used to. However, showing up on time for work or appointments is standard practice.

Quality Luxury Beachfront Real Estate
Another huge benefit to a Mexican lifestyle is the opportunity to own a little piece of luxury beachfront real estate. With some of the most beautiful beaches in the world, Mexico is a great spot to invest for a vacation home or relocation. When compared to luxury beachfront real estate in the United States or other countries, Mexican real estate in coastal towns is still well priced, especially considering the natural beauty and charm that Mexico offers. Wondering where some of the best Mexico beachfront real estate is found? Check out Villa La Estancia Real Estate at https://www.villalaestanciarealestate.com. With amazing properties in both Riviera Nayarit and Cabo San Lucas, Villa La Estancia offers high quality construction with luxurious finishes and amenities that are hard to beat.

villa la estancia residences riviera nayarit

Does this Mexican lifestyle appeal to you? Are you ready to make the move to Mexico yourself?