Would you like to learn more about real estate companies in Mexico? In general, real estate companies worldwide employ individuals to sell properties and find properties for prospective homebuyers and sellers.

In 2023, real estate agents in Mexico are an important part of the country’s economy as the real estate industry is booming. Also called realtors, real estate agents in Mexico perform the job of connecting buyers and sellers of properties for sale.

They oversee many processes and paperwork that is required so that each real estate transaction is completed correctly. Do you dream of buying real estate in Mexico? If you do, you aren’t alone because many expats are investing in vacation homes and second homes in the country.

In the meantime, keep reading more below about real estate companies in Mexico.

Real Estate Companies in Mexico

Over the last few years, the real estate market in Mexico has been really booming. Currently, the real estate forecast for Mexico in 2023 estimates that 13.93 billion dollars will be spent this year on property transactions.

Likewise, that figure is expected to reach 17.07 billion dollars in 5 years which would be a growth of 4.14% from 2023 to 2028. Are you curious why the real estate market is doing so well in Mexico right now? In general, the hot market is driven by the high demand for housing from new residents including nationals and expats who have moved to Mexico.

In fact, prices for new houses make up 40% of Mexico’s total housing market and rose 12.8%  in the last year. In addition, Mexico’s largest real estate developers raised their average house prices during 2022, some raising prices by as much as 30%.

Get To Know Villa La Estancia Cabo.

How Can I Find a Good Realtor in Mexico?

Are you thinking, how can I find a good realtor in Mexico? It’s always best to do your research and work directly with an agent or company with a good opinion.

In addition, you can use a reputable property developer that has in-house staff that will assist homebuyers in the purchase process such as Villa La Estancia. Referrals from a friend or family member who has purchased property in Mexico are also helpful.

If you can make sure you hire a professional and trustworthy realtor, the overall home-buying experience will be much better. 

Did you know that it is safe to buy property in Mexico for foreigners? While there are a few special rules that need to be followed when buying property, they can legally buy and sell property in Mexico by using a bank trust which we’ll discuss more below.

Lastly, Mexican real estate has a great deal of upside potential and is expected to increase in value over time, especially beachfront real estate. 

Check out When to Buy Real Estate in Mexico.

Mexican Real Estate Websites

Mexico does have some real estate websites that are useful tools when searching for property. In terms of real estate websites, some websites in Mexico that are similar to Zillow and Realtor.com from the States include Caribe Luxury Homes, Point2Homes Mexico, and Inmuebles24 México.

Each website has various features that can be adjusted to meet specific buyer preferences and needs. Out of the three, inmuebles24.com ranked number 1 as the most visited Real Estate website in Mexico in May 2023. Vivanuncios.com.mx and lamudi.com.mx are additional popular real estate websites in Mexico, too.

Likewise, there is an MLS system in Mexico, but it does not have all the available listings usually found on sites like Zillow or Realtor.com in the States.

By the way, we recently Re-validated Preverisk Certificates in Villa Group Resorts.

Bank Trust Info for Foreigners

In order to legally own property in Mexico that is at the beach or close to a border, foreigners must set up a bank trust to hold title to their property. Also known as a fideicomiso, the legal life of the faith is for 50 years and can be renewed.

Typically, Fideicomisos cost about $1600 dollars to set up, and around $600 dollars a year to maintain. In terms of realtor fees, Mexican realty agents tend to charge between 5% and 8% of the home’s sale price for their commission.

In addition to realtor fees, a Mexican sales tax (IVA) of 16% will also be charged to the total amount. For example, if the agent’s commission is 5%, the total tax-inclusive payment will be 5.80% of the final sales price.

As far as real estate taxes in Mexico, a Property Acquisition Tax (ISAI) must also be paid when buying property. While these tax rates vary by Mexican state, the cost ranges from 2% to 5% of the total property value.

We hope you enjoyed this article about real estate in Mexico. If you want to buy a home of your own, check out properties in top coastal destinations such as Puerto Vallarta and Cabo San Lucas. We are happy to offer homebuyers a unique hotel-condo concept property known as Villa La Estancia.

Our solidly constructed development is an award-winning resort and also has a limited number of private beachfront residences for sale, too. Homeowners love having their very own home at the beach, along with access to world-class resort amenities and services.

We have multiple pools, jacuzzis, a spa, a fitness center, delicious onsite restaurants, room service, and so much more.

Contact us today to schedule a property tour with our in-house realty team if you are in the market for a vacation home at the beach. Your dream home in paradise is only missing you!

Are you thinking about buying real estate in Mexico? Many people from other countries quickly fall in love with Mexico during a vacation and end up wanting to buy a vacation home or even move full-time to the country.

In terms of real estate, properties in Mexico are usually more affordable when compared with similar properties in the United States or Canada.

Plus, Mexico has a rich culture, warm climate, and tons of natural beauty that can’t be beaten. If you are wondering when to buy real estate in Mexico, there’s no time like the present as the cost of properties is typically on the rise.

If you want to learn more about the best real estate in Puerto Vallarta and the Riviera Nayarit area located in Mexico’s Banderas Bay on the Pacific Coast such as Villa La Estancia’s elegant beachfront residences, keep reading below. 

When is the Best Time to Buy?

If you are curious if there is the best time of year to buy real estate in Puerto Vallarta and Riviera Nayarit, you have come to the right place. Puerto Vallarta’s high season occurs during the winter months from November and lasts through April.

The end of high season is a great time for finding the best real estate in the area. Once the months of May and June arrive, the majority of expats and snowbirds have gone home for the summer. As a result, real estate agents will have less work and be able to provide better service for their clients.

In addition, it’s easier to schedule more property showings during the low season when properties are often vacant.

Also, due to less demand during the low season, you will find that you may have more flexibility when it comes to negotiating purchase prices or other contingencies in the purchase contract.

Be aware, read this article: Real Estate Scam Info.

Budget and Location

Next, a few essential things to consider when buying real estate in Mexico are your budget and location. In terms of budget, it’s essential to carefully examine your finances and only make offers on properties that you can afford.

In general, the majority of properties in Mexico are usually paid in cash as opposed to using a mortgage. Therefore, it’s important that you have the required capital to invest in real estate in Puerto Vallarta and Riviera Nayarit.

However, Mexico’s mortgage lending business is growing but mortgage interest rates in Mexico are still very high when compared to mortgages in other countries.

In addition, some high-end developments such as Villa La Estancia in the upscale neighborhood of Nuevo Nayarit offer in-house developer financing for qualified homebuyers. As far as location, you can expect to pay more for properties closer to the beach or within gated communities. 

You may be interested in the Try & Buy Program.

Vacation Home at the Beach

Lastly, it’s essential to think about how much time you plan to spend at your property. Some people are looking for a vacation home to visit a few times a year and other people want a full-time retirement home.

Also, think about whether you plan to rent out your home when not in use or not. Onsite amenities such as pools, fitness centers, restaurants, and 24-hour security are important perks many people look for when buying real estate in Mexico.

If you decide to rent out your property as a vacation rental, these amenities make it more attractive and will allow you to charge more per night. Regarding the deed of property, Mexican law mandates that foreigners will need to set up a bank trust to hold title if they buy property on the coast or close to the border.   

Whether you want a full-time abode or a vacation home at the beach, check out Villa La Estancia. Situated in the peaceful neighborhood of Nuevo Nayarit just 15 minutes north of the PV Airport, Villa La Estancia is a hotel-condo concept property that is a great option.

We offer spacious beachfront residences that come fully furnished and with quality finishes. In addition, we have onsite amenities and services that make it a pleasant place to spend time.

Also, the property is low maintenance so it’s ideal for homebuyers who don’t want to worry about handling repairs and upkeep.

Are you ready to learn more? If so, contact us at Villa La Estancia today to book a vacation to Mexico. During your stay, make sure to schedule a property tour of our luxury beachfront residences as they have a limited amount of properties still available for purchase. 

Here are some reasons why These 4 Hotels Have a Certificate of Excellence from Tripadvisor.

In general, one of the most important decisions and biggest investments in an individual’s life is buying real estate. For many people, owning a home is a major achievement because this will be where they will spend most of their time with their family.

However, purchasing real estate can also put you at risk for real estate scams if you are unsure what to look out for. Common real estate scams include foreclosure relief scams, wire fraud, loan flipping, home inspection scams, and many more.

Check out Villa La Estancia in Cabo San Lucas and Riviera Nayarit if you want an excellent investment. We offer a luxurious hotel-condo property with private beachfront residences.

It is a wise investment if you want to purchase a luxurious vacation home in paradise that has world-class amenities and services, too. Meanwhile, keep reading below to learn the top three real estate scams. 

#1 Escrow Wire Fraud – Common Real Estate Scam

First, one of the most common real estate scams is escrow wire fraud. The scammers will call homeowners pretending they work for the escrow company or title company that is involved with the purchase of the home.

Then, they will provide specific instructions on where they want you to wire the escrow funds. However, the scammers will make a fake website that will look similar to the title or escrow company that you are working with, and many people fall victim and send the money as instructed.

By the time the new homeowner realizes they have been scammed, the money has already been withdrawn. You can keep yourself safe by always confirming the wire instructions with a live person from the phone number that they have given you. You should also confirm the escrow account number before you wire any money. 

#2 Loan Flipping Scam – Refinancing Real Estate Scam

Next, a loan-flipping scam happens when a fraudulent lender convinces homeowners to refinance their mortgage several times. The scammer will charge very high fees for each transaction, and the homeowners will end up with a higher monthly loan payment than they had before, and sometimes they can’t even afford the payment.

Unfortunately, seniors and older homeowners that have memory issues are often targeted because they have a large amount of home equity and poor judgment due to age-related issues.

In general, if you have recently had your mortgage refinanced, then you shouldn’t do another one so soon. If any lenders are actively calling you, that is a red flag.

Also, you should only work with lenders that are banks that are well known. Make sure you ask any questions you have as well.

#3 Bait and Switch Movers – Moving Real Estate Scam

Lastly, another common real estate scam is based on moving your property to your new home. The Bait and Switch Mover scam will happen when you fill out a form to request a moving company for an estimate for moving your personal belongings to the home you just purchased as you are looking for an estimate.

The moving company arrives, and they tell you it is going to cost you more money than the original quote. They often will pack your belongings first, then tell you the amount is higher than what was quoted. You should only work with a reputable moving company.

Make sure you ask them for their license number, then check the BBB so you can see if there are any issues with the moving company. 

This article was published to help people learn more about real estate scams, and how you can avoid being scammed. If you have been scammed, make sure you notify the authorities and file all police reports.

If you want a vacation home in paradise, check out Villa La Estancia. We are proud to offer a genuine and solidly constructed investment that is free of any scams.

Currently, we have high-end properties located in coastal destinations including Cabo San Lucas and Riviera Nayarit. Our property is situated on beautiful beaches and homeowners love the world-class resort amenities and services onsite. W

e have multiple pools, jacuzzis, a spa, a fitness center, a delicious onsite restaurant, a front desk concierge, room service, and more.

Contact us today to book a stay at Villa La Estancia in Cabo or Riviera Nayarit so you can check out our premium beachfront real estate in person.

Have you been thinking about moving to Mexico? If so, you aren’t alone. In fact, nearly 2 million United States citizens have made the move to Mexico so they can live a better life.

For many decades, Mexico has been a top choice for many expats looking to live elsewhere whether they want to retire or work remotely.

In 2023, more and more young Americans and Canadians are preferring to move to Mexico rather than live in the States or Canada.

The top reasons why people want to move to Mexico are that it is relaxed, the residents are welcoming, and the cost of living is more affordable.

Plus, quality healthcare is available, the food is delicious, and the immigration system in Mexico is not as difficult as it is in other countries, which is perfect for retirees and remote workers.

Most of the paperwork can be done without hiring an attorney or an outside agent. Continue to read below to learn the best reasons to move to Mexico.

Why Move to Mexico?

Firstly, one of the best reasons to move to Mexico for people is the rich culture, the interesting heritage, and the laid-back atmosphere. Life can be quite fast-paced and hectic in the States and Canada.

On the contrary, the value of a peaceful existence is more important now than ever. In general, Mexicans are very friendly and welcoming to all that move to Mexico.

Did you know that Bloomberg’s 2021 Best Places to Live for Expats has ranked Mexico as one of the three top countries in the world to live in? The cost of living is much lower, people find they can enjoy a better life, and the moving transition is fairly easy.

Likewise, many expats that move to Mexico adapt with ease and they comment that the move prompted positive changes to their lives.

For example, ex-pats report being more active, eating healthier, and making time to socialize more. Mexico is a wonderful place to move if you are interested in a better life.

This article may interest you: Is Mexico A Good Place to Retire?

Warm Climate

Next, many people that have moved to Mexico have chosen to live in top tourist destinations because they are located on the coast.

In general, coastal destinations tend to have wonderful warm weather all year long. As a result, people that have moved to Mexico are usually more active than they would have been had they stayed in their country.

Thanks to the great climate, beach towns in Mexico are known for having tons of excellent water activities such as swimming, surfing, scuba diving, snorkeling, paddleboarding, and more. Mountain biking, running, and hiking are other top outside activities, too.

You will always find something fun to see and do in Mexico, especially in Cabo San Lucas and in Puerto Vallarta as these two areas have a large expat community.

If you want to buy real estate, check out the Villa La Estancia which has luxurious beachfront residences for sale.

Read this related post: Expat Dreams in Mexico.

Improved Quality of Life

You can enjoy an improved quality of life if you move to Mexico. Since the living costs are much lower than in the United States and in Canada, it’s easier to have a quality life without as much money.

Also, in 2023 the healthcare systems including hospitals and doctors in Mexico are quite outstanding. Likewise, doctor visits and prescriptions are very affordable as well.

In terms of eating well, ex-pats that live in Mexico also have access to fresh fruits and vegetables, too. Therefore, you can eat healthier and become more active if you move to Mexico.

Also, if you are wanting to buy real estate in Mexico, then you will be pleased to know that comparable properties tend to be less expensive than they would in the United States or Canada.

As a result, many ex-pats are able to purchase a dream home on the beach in Mexico that they could never afford in their own country.

Take a look at the Top Beachfront Destinations to Buy a Vacation Home.

Did you enjoy reading this article about the top reasons people want to move to Mexico? Are you interested in moving to Mexico? As you can see, Mexico has wonderful weather, and a lower cost of living, and expats report having an improved quality of life.

If you want to buy a home in Mexico, then check out Villa La Estancia. We have two beautiful locations in top tourist destinations in Riviera Nayarit and in Cabo San Lucas.

Our homeowners love their spacious beachfront residences, premier amenities, and superior services, too. Give us a call today to learn how you can own a beachfront residence in Mexico.

Ask to see if you can participate in our Try and Buy Program which allows prospective homebuyers to test out beachfront living before they buy. Who knows? Maybe your new life in Mexico is only missing you!