Are you dreaming of owning your very own vacation home at the beach in Mexico? If so, check out Villa La Estancia which is located in the upscale Nuevo Nayarit neighborhood in Riviera Nayarit. The peaceful and safe community is also located on one of the best beaches in Banderas Bay, Mexico’s largest bay.

Our award-winning beachfront real estate has earned the AAA 4 Diamond Award each year for over a decade due to excellence. Our hotel condo concept property also has a limited number of luxurious beachfront residences for purchase. Homeowners love the perfect location, spacious residences, and resort amenities and services, too.

As a result, Villa La Estancia is very popular with expats who want a low-maintenance and luxurious vacation home on the beach in Mexico. In the meantime, read below to learn more about luxury beachfront real estate in Mexico at Villa La Estancia.

Luxury Beachfront Real Estate

When it comes to investing in real estate in Mexico, it is very important that you are selective with where you put your money. Villa La Estancia is part of the Villa Group Resorts family which is very reputable as a top resort and developer in Mexico. Our solidly constructed residences spare no attention to detail, and homeowners really love the Hacienda-style decor and finishes.

Recently, the Villa La Estancia underwent some renovations to make sure that the property remains a top choice for resort guests and high-end home buyers who want to have a vacation home at the beach. As a result, it is certain that we will continue to be awarded the AAA Four Diamond Award each year.

In terms of amenities, homeowners have access to several swimming pools, jacuzzis, a spa, a well-equipped fitness center, onsite restaurants, room service, a front desk concierge, and more.

Onsite Restaurants

One of the best parts about owning a vacation home at Villa La Estancia is the incredible restaurants. For starters, La Casona Steak House is a Mexican-style electric steakhouse that has wonderful dishes that everyone will love. Guests can sit either indoors in the air conditioning or outside on the terrace.

La Casona has a great menu with a variety of flavors and an extensive selection of steak specials and Prime Cuts including Kobe beef and New York Strips. They are also open for breakfast, and famous for their wide variety of eggs benedict dishes.

Plus, the amazing views of Banderas Bay make every dining experience even more enjoyable. For lunch, you can head to La Parilla, which serves casual poolside fare including tasty burgers, sandwiches, wraps, and seafood dishes.

Last but not least, room service is also available so you can have a gourmet meal delivered right to your front door.

Visit our restaurant’s official website.

Vacation In Paradise

Has it been too long since you and your family have enjoyed a memorable vacation together? If so, you should know that Riviera Nayarit is the perfect vacation destination. Located on the Pacific Coast in Mexico in Banderas Bay, Villa La Estancia is situated on one of the most beautiful beaches in Mexico.

There, the area enjoys wonderful weather all year so numerous outdoor activities can be enjoyed including golfing, biking, hiking, swimming, snorkeling, scuba diving, and so much more. Plus, Villa La Estancia is just 20 minutes north of Puerto Vallarta, another top tourist destination. There, you can stroll the iconic Malecon boardwalk or check out the numerous excellent restaurants, bars, and shops, too.

In addition, the Puerto Vallarta International Airport was recently renovated and there are many affordable flights to and from the States making it easier for homeowners to travel to and from their vacation home in paradise.

Are you ready to take the leap and make your dream of owning luxury beachfront real estate in Mexico come true? If so, contact us at Villa La Estancia today to see if you are eligible to participate in our unique Try and Buy Program. Designed for prospective homebuyers, it allows qualified individuals a chance to enjoy a dream vacation and test out the luxury beach lifestyle before they buy.

Our amazing beachfront residences are spacious, fully furnished, and have expansive balconies that offer stunning views of Banderas Bay and the Sierra Madre mountains. Plus, full and fractional ownership options are available for qualified homebuyers.

Give us a call right now, so you can start booking your Mexico vacation. During your stay, take a property tour of our luxury beachfront residences for sale. Perhaps your dream vacation home in paradise will be yours before you know it!

Do you want to move to Mexico full or part-time? Are you wanting to retire in Mexico? If so, you aren’t alone as many foreigners are moving to Mexico to enjoy a more relaxed, slower pace of life in paradise.

If you are hoping to move as well, you may be interested in purchasing real estate. If you are a foreigner who is living in Mexico and would like to get financing from a bank in Mexico, then you should know that most of the banks will require an FM2 migrant visa or a resident visa. Wondering where you should buy a property?

Contact us at Villa La Estancia in Cabo San Lucas and Riviera Nayarit. We are a hotel-condo concept property popular with ex-pats who want a dream vacation home at the beach. Meanwhile, keep reading below to learn more about Mexican real estate purchases for foreigners. 

Can Foreigners Get Bank Loans in Mexico?

Firstly, in 2023 foreigners have options in Mexico to obtain bank loans. Generally, most of the banks will have you show documentation of residency status in Mexico. For instance, it is required that you have a copy of your migrant visa.

If you want to apply for a loan, you have to have residency in Mexico. This isn’t a difficult process, and an immigration attorney can assist you. Do you want to know if a foreigner can finance a home in Mexico? Despite more banks offering loans for real estate in 2023, financing real estate in Mexico for foreigners is still limited.

Generally, Mexican banks don’t like to lend money to temporary residents unless the foreigner has two years of banking history with the bank. Also, some of the banks in Mexico will ask foreigners to have a cosigner to qualify for a loan along with having a decent credit score in the United States. 

Check out All About Mexican Property Taxes.

Mexico Banking Information

Mortgages are not as competitive in Mexico as they are in the United States. You can get a mortgage in Mexico as a non-Mexican, but the banks do have standard requirements just like in the US. What banks in Mexico do foreigners use? There are many options. The most popular banks in Mexico are BBVA Bancomer, Barnote, Citi Banamex, and Banco Santander.

Foreigners are able to open a bank account in Mexico, but as a US citizen there are important things you should know. Each bank will have different requirements, but an ID, proof of address, and a copy of your identification are a must.

Also, some of the Mexico banks will accept an FM3 non-migrant visa if you can provide proof of foreign bank statements that show you meet financial requirements.

Read What to Know about Mexican ATMs.

Can Foreigners Get Bank Loans for Real Estate in Mexico?

There are more options today than in previous years for financing for real estate in Mexico. Some of the principal banks in Mexico along with specialized lenders offer “cross-border” loans that will lend money in US dollars.

Usually, banks in Mexico offer real estate loans ranging from five to twenty years, and some will offer longer-year loans. If you purchase a new construction, the developers will offer in-house financing for qualified buyers.

Does Mexico use a credit score system? The Buro de Credito is the official credit bureau in Mexico that tracks credit information. Circulo de Credito is a private credit bureau that uses the FICO score and is starting to become popular with many banks in Mexico. 

This article may interest you, Expat Dreams in Mexico.

Bank Trust Information

Lastly, foreigners who want to purchase real estate property near the coast or border of Mexico will need to get a bank trust for the title, which is also known as “Fideicomiso” in Spanish. The bank trust allows foreigners to invest in property in Mexico and own it as a beneficiary.

To set up a Fideicomiso, the bank fees, permit, and one year of fees need to be paid in advance along with other expenses that can range from $2,000 to $2,500 USD. The closing costs, property taxes, rights, notary, certificates, and attorney fees will also have to be paid at the same time. 

It is easy to see that you can get a bank account and get a loan from a bank in Mexico if you meet their requirements.

Do you want to purchase a vacation home in Mexico? If so, why not check out Villa La Estancia in Nuevo Nayarit and Cabo San Lucas? Both are prevalent destinations in Mexico for expats. Plus, both properties are on beautiful beaches with stunning ocean views.

Villa La Estancia offers full and fractional ownership options, and we have in-house developer financing available for qualified home buyers as well. To learn more, contact Villa La Estancia and sign up to participate in our Try and Buy Program. It allows prospective homebuyers to enjoy a dream vacation at their property before they invest in buying real estate.

During your stay, you can live a dream beach lifestyle while enjoying amazing onsite amenities and services. 

Would you like to know about the differences between notaries in Mexico and in the United States? In the United States, they are referred to as a Notary Public, which is a public officer that provides a variety of duties such as being a witness and authenticating legal documents.

The term Notary Public refers to common-law notaries or lay notaries. They can also perform official acts and administer affirmations and oaths. Notaries in Mexico are called Notarios, and they have many different duties, especially when it comes to buying real estate.

If you’d like to buy a luxury vacation home in Mexico, contact us at Villa La Estancia. We have two luxury properties in the country’s best coastal destinations, Riviera Nayarit near Puerto Vallarta and Cabo San Lucas in Baja.

We have elegant beachfront residences and outstanding resort amenities that homeowners adore. In the meantime to learn all about notaries in Mexico, keep reading below. 

All About Notaries in Mexico

To start with, notaries in Mexico have a very important job with many official processes and transactions. For instance, they are involved in processes related to the purchasing and selling of different kinds of real estate, establishing deeds and wills, mortgages, and incorporation for companies.

Also, if someone or a company doesn’t use a Notario Publico to calculate the taxes or withhold taxes, the Notario could be personally liable. Many people don’t understand the United States Notary Public and Mexican Notario Publicos, the Notary Publics in the US don’t do the duties that the Mexico Notarios do.

To become a notary in Mexico you need to be born in Mexico, be between 25 through 60 years of age, be healthy, have an excellent reputation, cannot be a leader of a church, and cannot have a criminal record. They are also given a written exam as well. 

Check out these Tips on Buying Real Estate in Mexico.

Mexican Notaries’ Common Duties

Next, would you like to know about common Mexican notaries’ duties? A Mexican notary can arbitrate, mediate, provide judicial opinions, and intervene in judicial proceedings. They also assist in making sure documents for companies, wills, deeds, power of attorney, real estate purchases, and trusts.

The Mexican notary can also assist in processes related to tax payments, public deeds, and certifying documents such as wills, business contracts, and real estate information. They also are responsible for managing and storing original documents as well. There is supposed to be one notary in Mexico for every 30,000 residents. 

Check out the Expat Dreams in Mexico.

Do You Need a Notary?

If you want to purchase real estate in Mexico, then you will need a notary. You will have to get an attorney if you need legal advice as well. The notary will be neutral with all parties in Mexico.

Their main job is to make sure that all documents and permits are legal and that all taxes are paid on the real estate property. They are liable for every transaction they perform. The fees for the notary will depend on the type of services they are providing.

A notary is a respected profession in Mexico, and they are the final word with the title transfer when real estate property is sold. 

Did you enjoy learning all about notaries in Mexico? You will want to work with a notary if you are interested in buying a beachfront property in Mexico.

If you are unsure where to invest, then check out Villa La Estancia. We have a wonderful hotel-condo concept that investors and homebuyers really like. Right now, we have two locations in top destinations in Mexico including Cabo San Lucas and Riviera Nayarit.

Our beachfront residences are furnished elegantly, constructed solidly, and are ready to move in. Plus, homeowners have complete access to the onsite amenities and services with the resort, too. In addition, we have full and fractional ownership options available for qualified home buyers.

If you’d like to learn more, contact us and ask if you are eligible to participate in our Try and Buy Program which was designed for prospective homebuyers. It’s a great way to test out living at the beach in paradise before you buy.

Are you ready to buy a dream vacation home at the beach that’s spacious, low-maintenance, and super comfortable? If you are, contact us today to learn more.