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FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences, Riviera Nayarit

Banderas Bay Real Estate – Paradise Awaits

In life, there is never a sure thing when it comes to investments. However, real estate has traditionally been a solid way to secure financial growth over time. Even with the peaks and lows of property values, the general trend is on the up and up. And the added benefit is that you get to enjoy your investment and use it in the meantime as your value increases. Want to learn more about Banderas Bay real estate? Banderas Bay is the bay that is home to Puerto Vallarta and the surrounding towns and is located on the Pacific Coast of Mexico in an ideal location that is protected by the Sierra Madre Mountain range. Read below to learn more about Banderas Bay real estate, and how Villa La Estancia in Riviera Nayarit has everything you are looking for and more.

Banderas Bay Real Estate – Dream Location

Investing in Banderas Bay Real estate offers more than just a way to see your money grow over time. You are always investing in a vacation home (or full time home if you move to the area), where you can make lasting memories with your friends and family. With Banderas Bay real estate, you are setting up roots in a climate that has ideal weather year round. No more snow and freezing temperatures for you! As a result, even your health will likely improve as you enjoy the relaxing moments of watching the waves crash and the smell of the salty ocean breeze. There is a large expat community in Banderas Bay and there are many activities and events happening all year long. Great restaurants, shopping, outdoor activities, seasonal whale watching, theatre and cultural festivals are always on the calendar so you will never run out of something to do. It’s a great place to live, and a great place to have family and friends come visit you. It’s so easy to live life and entertain in Banderas Bay!

Benefits of Banderas Bay Real Estate

In addition to enjoying your second home or vacation home with your friends and family, owning Banderas Bay Real Estate is a great way to earn added income as a vacation rental. Puerto Vallarta is one of Mexico’s top tourist destinations, and tourism is on the rise. As a result, more and more visitors will be looking for accommodation for their vacations. If you rent out your home when you are not using it, this is a great way to receive additional income to help maintain your Puerto Vallarta lifestyle. Worried you won’t have enough time to deal with renting out your home or the upkeep it requires? Then you should consider the newer concept of condo-hotels where private residences are sold that are part of a condo-hotel. In addition to enjoying your second home, you and your potential renters will have access to luxurious amenities and services not found at private homes or standard condos. Another great option for Banderas Bay real estate is the choice to purchase a fractional ownership property. You get all the perks of enjoying your second home with even less responsibility and financial investment.

Prime Beachfront Banderas Real Estate: Villa La Estancia

One of the best options for Banderas Bay Real Estate is the award winning Villa La Estancia. Situated just north of Puerto Vallarta in the quiet neighborhood of Nuevo Vallarta in Riviera Nayarit, Villa La Estancia offers both full or fractional ownership and prime beachfront residences. Villa La Estancia residences are also known as villas, and are constructed of the highest quality materials and high end finishes. Villa La Estancia units are elegantly decorated and come with all the bells and whistles so all you have to bring is your suitcase! In addition to enjoying those mesmerizing ocean views, home ownership at Villa La Estancia gives you access to onsite gourmet dining and luxury amenities including multiple pools, jacuzzis, spa, and a well equipped gym. Visit Villa La Estancia’s website today at https://www.villalaestanciarealestate.com/ to learn more and see for yourself what living the Puerto Vallarta lifestyle is all about. All of this and more could be yours nestled amongst a beautiful natural setting and quiet surroundings.

The best Banderas Bay real estate is found at Villa La Estancia in Riviera Nayarit. Villa La Estancia Riviera Nayarit is a solid real estate investment that you can enjoy now and for yours to come!

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by VLEAdminRE,
FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences, Riviera Nayarit

Riviera Nayarit Real Estate Tips

Are you interested in owning Riviera Nayarit real estate? Just north of beautiful Puerto Vallarta in Jalisco, lies the up and coming state of Riviera Nayarit where you can find the luxurious Villa La Estancia. With many great Riviera Nayarit real estate options available for those individuals dreaming of a vacation home at the beach, Riviera Nayarit real estate could be in your future. Read below to learn how you can find the perfect Riviera Nayarit real estate property at Villa La Estancia.

Time To Buy?

In Riviera Nayarit and Puerto Vallarta, it is well known that there is a high season and low season that drives the tourism industry. High season is considered the cooler months between November through April. Low season in Puerto Vallarta and Riviera Nayarit is considered the hot and humid months between May and October. The seasonal tourism trends can have an effect on Riviera Nayarit real estate prices as well. With the increased demand and traffic that occurs during the high season months, the best time to buy could be at the end of high season or during low season. There will be less qualified buyers physically in town at that time that could be potential competition against you for a Riviera Nayarit real estate property that you want to buy. Less buyers means it will be easier to find the home of your dreams. In addition, many Riviera Nayarit real estate owners travel during the low season when temps are soaring, so more properties will be vacant which makes it easier to schedule multiple viewings in a short period of time.

Find An Experience Realtor

Anytime you are in the market for a new home, an experienced and reputable realtor is an invaluable resource to guide you through the purchase process. With Riviera Nayarit real estate, realtors can help maneuver the somewhat complicated process of buying a home in another country. Experienced Riviera Nayarit real estate agents will know the available properties that fit your search criteria, and they can help you securing financing if needed. Especially with the complications of having purchase contracts in Spanish, it is crucial to have a trustworthy and honest Riviera Nayarit real estate agent working with you. At Villa La Estancia, we have professional and motivated in-house brokers that can help you with your search to find the perfect residence right for you. Make sure to ask for referrals, and do your homework to ensure you only enlist the services of a qualified realtor.

Consider Your Riviera Nayarit Real Estate Budget

One of the most important considerations when buying a Riviera Nayarit real estate property is to make sure you create a budget. In Mexico, most properties are paid for in cash instead of obtaining a mortgage loan. It can be difficult to obtain financing in Mexico, and the interest rates are significantly higher than typical mortgage loans in the United States or Canada. Because of this, it helps if you are able to buy a property with cash if you want to make a Riviera Nayarit real estate investment. If that is not an option, luxury Riviera Nayarit real estate properties such as ours at Villa La Estancia in Nuevo Vallarta are pleased to be able to offer in-house developer financing. This is hard to find in Mexico, so a great option for those individuals who want the best, but can use a little help with their cash flow. We at Villa la Estancia is dedicated to making your homeowner dreams come true.

No matter what type of Riviera Nayarit real estate you choose, make sure you use a great realtor, buy at the right time, and adhere to your budget so that you do not overextend yourself and ruin your Mexico beach home dreams. Contact us at Villa la Estancia today by visiting www.villalaestanciarealestate.com. We are ready and willing to help you in your home search so you can start making incredible life memories now.

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by VLEAdminRE,
Cabo San Lucas, Destinations, FAQ, Fractional Vacation Ownership, Full Ownership, Promo, Real Estate, Residences, Riviera Nayarit

Villa La Estancia: Try and Buy Program

Are you in the market for a top beachfront property, but not sure where to start? The decision to invest in real estate is one of the biggest financial decisions we make in our lifetimes. There are many factors to consider if you want to own real estate. The location, property size, amenities, services and security are all factors to consider when determining what kind of real estate you want to invest it. Wouldn’t it be nice to be able to actually try out a property before you commit to the huge financial decision of buying property? Well, good news! At Villa La Estancia in Riviera Nayarit, we have come up with a modern solution that makes it easy for you test the waters before leaping in with a real estate purchase. Read below to learn about Villa La Estancia’s innovative Try and Buy Program that has tongues wagging all over Mexico and beyond.

Try and Buy Program

For those wanting to find a dream home in paradise, but afraid to have buyer’s remorse, the try and buy program is perfect for you. It’s the ideal way to decide if you love a property by staying there and experiencing it firsthand. The Try and Buy Program was specially created for individuals who are serious about investing in Mexican beachfront real estate. Whether you are leaning towards purchasing luxury full or fractional ownership real estate, Villa La Estancia’s Try and Buy Program gives you the chance to try out a property for yourself before you commit to buying. Interested in learning more about how you can take advantage of this fantastic promotion? Read below Program Rules to see if you qualify for this amazing opportunity that can put your on the path to a dream vacation ownership experience.

try and buy program villa la estancia

Try and Buy Program Rules

Villa La Estancia is a high end property and only qualified applicants will be considered to participate in the Try and Buy Program. Here are the following requirements:

  • Qualified applicants for the Try and Buy Program at Villa Estancia must be at least 30 years of age or older. The required combined annual household income must exceed $100,000 USD.
  • Personal travel expenses to and from Villa La Estancia must be paid for by the applicant in order to receive a promotional discount on a 4 night stay at the property. Maximum of 6 people allowed per residence.
    Availability to use the Try and Buy Program depends on the season and hotel occupation. Requests are processed on a first come, first served basis as there are a limited supply of villas available at this special promotional rate.
  • The Try & Buy request form must be completed and you will be assigned a personal realtor that will take you on a property tour.
  • If you are approved into the Try and Buy Program, you will be contacted to make the reservation payment. Major credit cards are accepted. After your Try and Buy discounted payment is processed, then you will receive your booking confirmed.
  • All Try & Buy Program attendees must attend an informal real estate presentation with your assigned realtor. This is a great chance to familiarize each applicant with the Villa La Estancia residences, amenities and services. Please note that any applicants that fail to attend the required presentation will be charged a fee of $250 USD per night for the visit.

Ready to schedule your visit? Check out Villa La Estancia website to sign up. Villa La Estancia will be delighted to have the chance to showcase their award-winning property that could be the ultimate dream vacation you’ve been searching for. Choose your destination:

Villa La Estancia Cabo San Lucas Try and Buy Program

Villa La Estancia Riviera Nayarit Try and Buy Program

 

by VLEAdminRE,
Destinations, FAQ, Real Estate, Residences, Riviera Nayarit

Nature Inspired Treatments at Tatewari Spa

The Tatewari Spa is situated in the quiet resort neighborhood of Nuevo Vallarta in Riviera Nayarit inside the luxurious and award winning Villa La Estancia. The Tatewari Spa at Villa La Estancia is over 17,000 square feet so there is plenty of space to relax and get away from it all. An ideal place to soothe and restore your body, soul and spirit, the Tatewari Spa at Villa La Estancia is surrounded by the Sierra Madre Mountains and the sparkling blue-green waters of Banderas Bay. Continue reading below to learn more about Tatewari Spa at Villa La Estancia, and our top three beauty treatments that you must try.

Ancient Tradition & Wellness

Designed with architecturally unique touches that please the eye and invoke the soul, the Tatewari Spa in Villa La Estancia uses a serene blend of holistic beauty and wellness approaches. An absolute sanctuary for the body, mind, and spirit, a visit to Tatewari Spa at Villa La Estancia will leave you feeling rejuvenated, refreshed and ready for anything that comes your way. Tatewari Spa in Villa La Estancia was named after an ancient Mexican Indian deity for spiritual growth, peace and relaxation. Inspired by a focus on maintaining the Earth’s proper balance, their natural healing techniques and traditions are still practiced today at the Tatewari Spa at Villa La Estancia.

Tatewari Signature Facial

A 3-layered non-surgical face-lift facial, the Tatewari Signature Facial Treatment provides amazing results that can be appreciated by all types of skin. The skin’s clarity, elasticity, and texture will be improved and enzymes will detox the skin to promote healthy cell regeneration. Softer, smoother skin and a reduction in the appearance of wrinkles is virtually guaranteed by this unique and refreshing treatment. The Tatewari Signature Facial Treatment also includes steam vapor, extractions and scalp and hand massage.

Medicinal Pillow Aromatic Massage

Come relax and let all your worries drift away with a medicinal pillow aromatic massage that uses herb pindas. Inspired by an ancient Indian ritual which uses herbal pindas containing aromatic herbs, medicinal plants, rice and essential oils, the Medicinal Pillow Aromatic Massage begins with an invigorating dry exfoliation of your skin with a firm bristle brush. Promoting better circulation and removing dead skin cells, you will then be treated to the delightful aromas of the herbal pindas as your muscles are soothed with a healing massage. The aromatic pindas open the skin’s pores allowing their anti-inflammatory and analgesic properties to be absorbed.

The Classic: Signature Tatewari Massage

This 90 minute spa classic massage is one of the most popular treatments at Tatewari Spa at Villa La Estancia. The Tatewari Signature Massage will allow you to relax and energize yourself at the same time. A wonderfully refreshing combination of western & eastern massage techniques, this treatment includes Thai stretching, Chinese Medicine and classic Swedish massage styles. What better way to soothe your mind, body and spirit?

TATEWARI SPA Spa at Villa La Estancia Riviera Nayarit

In addition to these amazing beauty and wellness treatments, Tatewari Spa at Villa La Estancia also has a spa retail shop, full-service beauty salon, and a deluxe fitness studio on site. Tatewari Spa guests can decide to enjoy any of our beauty treatments right on the beach with the ocean breeze and peaceful waves tantalizing all your senses. Would you rather relax in the privacy of your own Villa la Estancia suite? No problem as we can send a masseuse or beauty professional right to your door. Contact us at Tatewari Spa at Villa La Estancia today to schedule a beauty or wellness treatment experience like you’ve never had before.

by VLEAdminRE,
Cabo San Lucas, FAQ, Fractional Vacation Ownership, Full Ownership

Cabo San Lucas Real Estate: Protect Your Asset

Owning Cabo San Lucas real estate is a dream for many individuals, and a reality for the select few lucky enough to take the leap and move to Mexico. Are you considering a change of pace and curious about Cabo San Lucas real estate that is available now? Regardless of what you purchase, you should protect your investment by keeping your home safe. Here are a few tips to protect your Cabo San Lucas real estate investment whether you are at home, or traveling.

 

Cabo San Lucas Real Estate Property Insurance

While crime is minimal in Cabo San Lucas compared to big cities in the United States, burglary or petty theft can occur. For that reason, it is always a smart idea to obtain a property insurance policy on your Cabo San Lucas real estate. The majority of property insurance policies cover theft of items from inside your home and deductibles and coverages vary. Deciding what property insurance policy you need for your real estate? A good insurance policy will cover vandalism to your property including graffiti or more severe vandalism such as burglary and loss of property. Depending on the value amount associated with a loss versus your deductible, you may or may not decide to file a claim if the vandalism or burglary was minor.

House Sitter for Cabo San Lucas Real Estate

Another way to protect your Cabo San Lucas real estate property is to avoid leaving your home unoccupied for extended periods of time. Based on statistics on theft in Mexico, homes that are unattended run the highest risk of burglary. Therefore, it is recommended to avoid leaving your Cabo San Lucas real estate property vacant for any lengthy periods. A good way to protect your home while travelling, is to enlist the help of a house sitter or friend while you are gone. Most friends would jump at the chance to house sit a Cabo San Lucas real estate home, so it probably won’t be too hard to find a helping hand. This is especially helpful if you are travelling during rainy season where unexpected leaks may need to be attended to promptly.

Cabo San Lucas Real Estate Types: Condo-Hotel Is Preferred

A top Cabo San Lucas real estate property that is a condo-hotel is the Villa La Estancia. A simple way to protect your investment while you are away is to invest in a condo-hotel or condominium property such as Villa La Estancia that has staff on site 24 hours a day. That way, you can advise one of our staff members if you are out of town, and you will have another set of eyes on your home while you are away. Villa La Estancia is solid construction, and the finishes are of the highest quality. Villa La Estancia Cabo San Lucas homes are beachfront, private residences where you have the added benefit of onsite staff and services. Cabo San Lucas real estate at Villa La Estancia makes it as easy to just lock your door, and know your home will be safe while you are gone. Want to learn more about all the amazing services and benefits of owning a condo-hotel like Villa La Estancia could offer you? Check out our Villa La Estancia official website today to see what we have available for sale now. If your home is a single family house, it will be harder to keep your Cabo San Lucas real estate investment safe when compared with a condo-hotel. Installing interior and exterior lighting outside your home that is set-up on timers, security alarms and motion detectors are all good ideas to protect your single family home. The warning lights from a motion detector or security alarm will help deter potential burglars when they approach the property.

To conclude, obtaining property insurance, not leaving your home unattended for long periods of time, and purchasing a condo-hotel unit at a property such as Villa La Estancia are all good ways to protect your Cabo San Lucas real estate investment.

by VLEAdminRE,
FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Riviera Nayarit

2018 Puerto Vallarta Real Estate: Villa La Estancia

Many people dream of owning a second home or relocating to beautiful Mexico. Are you yourself in this category and ready to start educating yourself on where to find the best luxury real estate in Mexico? With excellent year-round weather, great shopping and dining options, and affordable health care, real estate in the Puerto Vallarta area is a solid investment. Read below to learn a few tips about Puerto Vallarta real estate and where to find the cream of the crop.

Can Foreigners Own Puerto Vallarta Real Estate?

First off, are you not sure if you can even own Puerto Vallarta real estate as a foreigner? The Mexican Constitution does say that foreigners cannot directly own land within 100 kilometers to the border, or 50 kilometers along the coastline. However, there is a legal way to still own property by establishing a bank trust which is known as a Fideicomiso in Spanish. By having a bank trust, non-Mexican citizens can legally own Puerto Vallarta real estate and enjoy all the standard benefits a citizen owning Puerto Vallarta real estate would have. Bank trusts are established for up to a maximum term of 50 years, and then they will be renewed automatically for a new 50 year term. Notaries can assist potential Puerto Vallarta real estate buyers to establish a bank trust so foreigners can enjoy the same ownership rights as Mexican citizens.

Puerto Vallarta Real Estate Options

Throughout Puerto Vallarta and the neighboring community of Nuevo Vallarta in Riviera Nayarit, there are many real estate options available. The question is, where do you see yourself? Do you truly want to live the good life and have all the amenities and services that a condo-hotel can offer, or are you willing to manage and repair your single family home on your own? Do you want a condo or a sprawling villa? Today, most people relocating to Puerto Vallarta or buying a second dream home decide that their preferred Puerto Vallarta real estate is a condo-hotel so they can have the luxury of owning Puerto Vallarta real estate without the hassle of maintenance that a standalone properties entails. Puerto Vallarta real estate is centered on the idea that most people move here to enjoy the good life and take time to relax and do what they want to do….which usually isn’t cleaning or dealing with frustrating repairs! Condo-hotels like the luxurious Villa La Estancia in Nuevo Vallarta ensure that your investment in Puerto Vallarta real estate will give you all the valuable relaxation time that you do deserve. Visit Villa La Estancia Riviera Nayarit today to see what properties are available right now as there is limited inventory due to high demand.

Top Puerto Vallarta Real Estate: Villa La Estancia

Puerto Vallarta is an amazing city with so much to see and do. From its charming cobblestone streets and cultural activities to its world-class shopping and dining options, you will be hard pressed to run out of stuff to do. However, many people are finding that living amongst the hustle and bustle of city life is not for them. Looking for a more tranquil environment that is just a hop, skip and a jump away from the action? Consider the award-winning Villa La Estancia. With spectacular views, luxurious finishes and fairly close proximity to downtown Puerto Vallarta, Villa La Estancia real estate offers everything you could ever dream of and so much more. Situated about 20 minutes north of Puerto Vallarta, Villa La Estancia offers Puerto Vallarta real estate and private residences where you can enjoy the quiet and privacy in your own home. With exclusive access to the high-end services and fabulous amenities, Villa La Estancia will have you feeling pampered and like a VIP every time you come home. Situated in the tranquil Nuevo Vallarta community directly on one of the best beaches in Riviera Nayarit, the award-winning Villa La Estancia offers elegant and exclusive private residences that combine upscale residential ownership and luxury vacation experiences into one. Villa La Estancia residences are constructed so you can make the most of the indoor-outdoor Puerto Vallarta lifestyle you have been dreaming of. You will no doubt never get tired of gorgeous views from your private and spacious terrace at Villa La Estancia.

Visit Villa La Estancia’s website today to see what you’ve been missing. An investment in the award-winning Villa La Estancia is a chance to call an exclusive Puerto Vallarta real estate your own home. Don’t let time pass you by….seize the moment and invest in your own piece of paradise.

See Residences Close Up

by VLEAdminRE,
Destinations, FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences

A Simpler Life: Expats in Mexico

What is the reason why you decided to move to Mexico? (Or are contemplating a move to Mexico?). For some people, it is the lure of a simpler life not hyper focused on material possessions and a fast paced lifestyle. Here are a few reasons why you can find a simpler, yet more fulfilling life, with a move to Mexico.

Less Focus On Materialism

One of the best parts of a move to Mexico, is the chance to reconnect with what we enjoy most about life. Is it time with our family or children? Is it spending time working on a creative hobby, or exploring new cultures? A fast paced life in the United States or Canada can be overwhelming at times, and also feel lacking in depth. A move to Mexico can help you improve your quality of life and spend more time doing what you love.

Less Work, More Play

Thanks to the lower cost of living in Mexico, a move to Mexico can mean you have a better quality of life than you have in the United States or Canada. Instead of filling your days with work and stress, you may find you have more time for play and spending time with loved ones. It is a great chance to identify your priorities, and realign your daily life with what matters most. You can let go of superficial concerns and really focus in on a simpler life with a emphasis on quality, not quantity. Now the only question is, what fulfills you?

Access to Quality Healthcare

In addition to slowing down your life’s pace with a move to Mexico, you will also find that quality healthcare is very accessible and affordable. Regular doctor visits typically only cost around $30-$50USD out of pocket, and most prescriptions are very well priced too when compared to the excessive cost of healthcare in the United States. There are several governmental healthcare institutions in Mexico such as IMSS, ISSSTE and the Seguro Popular that are available to expats at little to no cost. Even private healthcare insurance options are very reasonably priced, and doctors are very attentive and qualified.

Affordable Mexican Real Estate

Is owning your own home not possible in your native country due to excessive real estate prices? With a move to Mexico, you may be able to realize a dream of becoming a homeowner by purchasing Mexican real estate. Mexican real estate options are varied, and much better priced than similar real estate options in other countries. Mexican real estate can be legally purchased by expats by creating a trust, so perhaps a move to Mexico will help you find your dream home as well.

Many people that move to Mexico obtain a simpler, more stable lifestyle that focuses on family and enjoying each moment life offers you. Is a move to Mexico in the cards for you?

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by VLEAdminRE,
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Mexican Property Insurance: What To Know

Owning real estate in Mexico is a dream for many individuals. The laid back lifestyle, beautiful climate, and delicious food make it an ideal place to own a second home or to enjoy retirement. Part of becoming a homeowner in Mexico is making sure you are protecting your investment accordingly against unforeseen circumstances and catastrophic events. A key preventative measure to keep yourself in a safe position is to consider property insurance. Property insurance in Mexico, which is different from title insurance, has many differences when compared to property insurance in the United States or Canada. Here we will discuss property insurance in Mexico and what you need to know.

Mexican Property Insurance: What to Know

Mexican property insurance offers varying levels of coverage that may be different than what you are used to back home. The policy wording will be different, and some things you may consider standard coverage may not be so in Mexico. In order to help foreigners and provide more comprehensive coverage, many property insurance companies based in the United States have begun offering Mexican property insurance policies that are more similar to US and Canadian policies. Mexican insurance companies underwrite the policies so it is valid under Mexican law. Since real estate is one of the most expensive things people can own during their life, it is important to properly protect your investment against an unforeseen event or natural disaster so you will not risk losing a large sum of money. Let’s discuss a few important questions to consider when you are deciding whether to purchase property insurance from a Mexican insurer or from a specialist property insurance company based in the United States.

U.S. Based Property Insurance Specialists

Unless you are proficient in Spanish and feel comfortable dealing with claims in another language, most expats are recommended to purchase a property insurance policy from a US based insurer that specializes in policies for foreign home ownership in Mexico. This is the best idea because if you ever have to file an insurance claim, it will be much more simple if you are working with a policy in English. Any insurance claim related situations can be stressful no matter how great your policy is, and the added stress of not understanding the wording in Spanish is something you can avoid. In addition, the majority of US based property insurance will have added coverages not available with Mexican insurers. For example, third-party liability coverage is standard for most US based policies, and is usually not available with Mexican insurers or comes with an additional premium. Third-party liability insurance is important to protect you from lawsuits against you in Mexico.

Types of Structures to Insure

As many homes in Mexico are comprised of multiple structures including guest houses, studios and casitas, make sure your property insurance policy covers all structures on the property. In addition to covering the main structure of your home, you may have to add the options to cover all additional buildings on the property so make sure your policy clear states which buildings will be included. Any stand-alone structure is considered an additional building, so make sure that your property insurance policy clear states which buildings on the same property are covered. It is important to recognize that potentially risky structures such as palapa roofs and wood-framed buildings are usually excluded from all policies. If you want to insure those structures as well, be aware you will likely have to pay a high premium to have them included so you will need weigh the pros and cons of potentially leaving those structures out of your policy. Depending on the cost to replace or repair versus the additional cost to include them on your policy, it usually makes sense to leave those structures out of your policy.

Vacation Rental Insurance

Another important thing to consider when looking for property insurance is to consider a renter’s liability coverage if your home doubles as a vacation rental. Especially if you rely on rental income to support your quality of life, you should make sure to include coverage to protect yourself from a loss of use if something happens to your home. This additional coverage will help cover living expenses if your rental becomes damaged and cannot be rented until it is repaired. In general, this type of renters liability coverage is excluded on most standard policies, so make sure you confirm exactly what type of coverage is available prior to purchasing a policy. You may have to pay an additional premium to have the renter’s liability element included, but it is a key consideration for individuals who own and rent out vacation rentals.

In conclusion, when you buy property in Mexico it is important to purchase a property insurance policy that you can both understand, and properly covers your investment. Make sure to carefully check to insure that third-party liability coverage is included, and verify that rental income will be protected if your home is also a vacation rental. Lastly, if you own property that contains multiple dwellings, insure which structures are included and make sure it is clearly stated on your policy.

Recommended article: Mexico Real Estate Investment

by VLEAdminRE,
Destinations, FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences

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.

by VLEAdminRE,
Destinations, FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences

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?

by VLEAdminRE,