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Luxury apartments and Condos for Baby Boomers
Destinations, Fractional Vacation Ownership, Full Ownership, Real Estate

Luxury apartments and Condos for Baby Boomers

With the oldest baby boomers about to turn 70 years old this year, the majority of these post-war babies are too young-at-heart for retirement villages and still many years away from requiring aged care accommodation. They prefer to downsize from family homes to smaller, luxurious apartments.

Below are some thoughts on what to consider when going through the downsizing process.

The Community

Baby boomers should consider the mix of ages among other residents when choosing the right apartment or condo for luxury downsizing. Some apartment-complexes have a wide range of ages, including young families, while others cater for baby boomer and empty nesters which tend to develop into retirement communities. Many retirees and baby boomers regard community friendliness as an important aspect when choosing the right place to live later in life, and like to have access to local attractions and leisure facilities and be closer to the action than they were before.

Luxury Amenities

To get baby boomers’ attention in today’s highly competitive new apartment market, many health-conscious over-55s clients are looking for onsite gyms, concierge services, underground parking and ground level shops, restaurants and cafes. The inclusion of a pool is also a must for many people, not just baby boomers.

Location

When making your choice of apartment, the older buyers need to make sure that they think the process through and buy in an A-grade location so your home/investment’s value is assured in future years. There are advantages in small boutique apartment complexes, but if there are many onsite features – pools, gyms, communal spaces etc, you will need to assess how much these facilities will cost you and include that in your deliberations.

Facing Old Age and Vulnerabilities

Getting older brings new perspectives on life for some people. They begin to value convenience and realize their vulnerabilities. Ground floor apartments with lovely views in low-rise developments with an elevator become a preference and wheelchair access becomes more of a concern.

    Questions to consider for baby boomers

  • How much are the maintenance costs and how are they budgeted?
  • Is there a long-term maintenance plan for the complex and how has this been budgeted?
  • Are there non-slip surfaces? If so, how much of the home has non-slip surfaces?
  • Are areas suitable for use with walking aids?
  • Are cupboards easily accessed?
  • Is the lighting suitable?
  • Can power outlets be easily reached?
  • Is the bathroom designed well? Can the bath or shower be easily accessed?
  • Is there enough room in the bathroom for a wheelchair?
  • Are the ‘high tech’ features in the apartment including automatic drape opening/closing, security features or remote control of lighting easy to understand and operate?
  • Are there any communal areas (dining/function rooms) that can be booked for entertaining bigger groups?
  • Are there enough storage facilities?
  • Are dogs or cats allowed on the premises? Are there any local council rules?
  • Are there any examples of the developer’s previous projects? Can I speak to any residents?
  • Is access to the benches low enough if I later need a wheelchair?
by VLEAdminRE,
Fractional Vacation Ownership at Villa La Estancia Residences Riviera Nayarit
Destinations, Fractional Vacation Ownership, Full Ownership, Real Estate, Riviera Nayarit

The Best Luxury Real Estate on Banderas Bay

Mexico’s ever flourishing real estate industry counts the areas of Riviera Nayarit and Puerto Vallarta as today’s top destinations for luxury properties. Found along the Pacific Coast of Mexico, Riviera Nayarit and Puerto Vallarta together form the world renowned Banderas Bay.

Best Luxury Real Estate on Banderas Bay

Despite the downward trend brought by the recession of 2009 that brought changes in Mexico’s development and real estate industry, prices of luxury realty remain stable yet affordable. 2016 and 2017 paint a much better future for developers and realty investors according to real estate forecasts as prices are expected to surge in the near future. Luxury real estate buyers should snap up this opportunity to purchase property on Banderas Bay, before these lower prices begin to rise.

Banderas Bay No.1 For Luxury Homes

Mexico’s real estate market provides investors and homeseekers with luxury that is affordable. Luxury real estate on Banderas Bay is available at reasonable prices, which means that the house of your dreams is within your reach. You are sure to find a lucury second home that perfectly suits your budget and needs on Banderas Bay.

The choices for luxury real estate on Banderas Bay are diverse, especially in Puerto Vallarta and Riviera Nayarit. You can choose from stunning mansions on the beach to luxury condo units with swimming pools and resort facilities like restaurants, room service, world class spas fitness centers. The prices you can expect to pay for luxury real estate on Banderas Bay are highly influenced by the kind of neighborhood where your property is located and the future of the area.

Why you should invest in luxury real estate on Banderas Bay

A list of benefits awaits you if you decide to invest or make Puerto Vallarta and Riviera Nayarit your second home for luxury real estate:

  • many hours of sunshine and comfortable, warm temperatures year round.
  • affordability; both in terms of cost of luxury real estate as well as cost of living
  • large expat community with several social clubs (poetry, yoga, fishing clubs, painting, reading groups etc).
  • accessibility, including cheap flights to USA and Canada and international airport.
  • quality selection of fine dining restaurants
  • day spas
  • bars and live music venues
  • boutique theatres
  • sunsets over the ocean every evening
  • walks along the Malecon boardwalk
  • art galleries

Living on Banderas Bay does not only mean staying in your own elegant home or standing on a portion of luxury realty, but it’s having the simple pleasures of life that are worth sharing with your family and special ones.

For more information about the best luxury real estate on Banderas Bay, check out the full and fractional options at Villa La Estancia Residences.

by VLEAdminRE,
Villa La Estancia Residences
Fractional Vacation Ownership, Full Ownership, Real Estate, Riviera Nayarit

Villa La Estancia Residences – Best Year for Second Homes

With only a few pieces of candy and chocolates remaining from the holiday season that has just passed, we all look to the new year for inspiration. With the New Year well and truly begun, everyone is thinking about their plans for a successful 2016. The world finance area saw positive occurrences in 2015, and it looks like the real estate market is looking great for 2016 in Puerto Vallarta and Riviera Nayarit. Now is the time to think about your future, so why not think about you and your family’s future and invest in a second home in Banderas Bay, Mexico?

Why 2016 is the year for a second home in Mexico?

For 2016, the predictions for the economy is looking great! And, this is the best time to invest in a second home abroad. If you are from the United States, Europe, and Canada, then you will find lots of different types of property that are quite affordable, and Mexico is the perfect destination for any second home. Villa La Estancia Residences in Riviera Nayarit, with its range of luxury 2 and 3 bedroom condos on the premises of a 5 star hotel by the beach, even offers developer financing for 2016, which makes it easier for foreigners looking to purchase a luxurious second home easy to do.

Living the highlife in your second home in Riviera Nayarit

You will find the cost of living in a foreign country like Mexico is much lower, which is one of the best reasons to purchase a second home in Riviera Nayarit. Not only does your second home become a viable investment but you get to live the highlife while you are staying in your property by the sea. The exchange rate in Mexico right now is favorable towards those spending dollars, so foreigners will be able to get more for their money when purchasing a home in Mexico as well as be able to afford other luxuries. You and your family will live the highlife in luxury in your second home in Mexico, and you won’t go broke doing it!

Villa La Estancia Residences for 2016

On the Riviera Nayarit in Nuevo Vallarta by the ocean, the Villa La Estancia Residences offer a variety of luxurious choices for properties. The properties offered make an ideal second home for any family, investors, or couples who are looking to purchase real estate in Mexico. Your choices include two and three bedroom sea view condos directly overlooking the beach or pools, penthouses with panoramic ocean views, and much more. Becoming a Villa La Estancia Resident also means that you have access to all of the luxury amenities at the Villa La Estancia hotel, which includes a world class spa, restaurants, gym, pools, room service and more.

Deeded Full and Fractional Second Homes for 2016

In 2016, the Villa La Estancia Residences on the beautiful Banderas Bay offers the chance for you to purchase second homes either on a full time or fractional basis. Fractional ownership is offered for 6 weeks (one eighth) or 13 weeks (one quarter) and are also eligible for developer financing for 2016. When you are ready to purchase and commit to being a full time owner of a second home, then the Villa La Estancia Residences will help you do that too. Buying a Villa La Estancia Residences, Riviera Nayarit in 2016 means that you will live the highlife in your second home!

by VLEAdminRE,
mexican christmas party
Cabo San Lucas, Destinations, Fractional Vacation Ownership, Residences, Riviera Nayarit

Great Mexican Christmas Traditions

Christmas in Mexico is a great celebration characterized by rich cultural and religious traditions with touches of contemporary influences from the United States and Canada like Christmas trees and Santa Claus. Overall, a Mexican Christmas is less commercialized than other countries and full of fascinating customs that you can enjoy as both homeowners at Villa La Estancia Residences and visitors alike.

Great Mexican Christmas Traditions

If you decide to spend time in Mexico during the Christmas holidays, you’ll be amazed by the sights of large Christmas trees and sparkling lights adorning plazas, and the abundance of food and artisan stalls in public places. Likewise, you will see large nativity scenes and images of the Baby Jesus. On the beach next to Puerto Vallarta’s malecon boardwalk, sand artists usually exhibit great works of art in the run up to Christmas depicting various Christmas related scenes made from sand.

mexican christmas party

Noche Buena

Unlike the United States and Canada, a Mexican Christmas is traditionally celebrated on Christmas Eve on December 24th rather than December 25th. Mexican families gather together following the last mass of advent to feast on sumptuous delicacies such as cod, tamales, pozole and mole. The Mexican Christmas celebrations are likely to last into the wee hours of the morning. Gifts are given as a way to honor the spirit of giving and sharing, which is what Christmas is all about in Mexico.

The Day of the Three Kings/ Three Wise Men

Another Mexican Christmas tradition that differs from those of the United States and Canada is the Day of the Three Kings. El Dia de Reyes is celebrated yearly on January 6th commemorating the end of the long Christmas festivities. Just like the Three Kings in the Bible who gave the Baby Jesus gifts during their visit, Mexican children anticipate this day with the hope of receiving plenty of gifts as well. They’ll put their shoes on the doorstep of their homes thinking that when the kings pass by, they will leave gifts for them.

The Traditional Rosca de Reyes

The Day of the Three Kings is not just about children getting presents, this Mexican Christmas tradition has another charming feature: the Rosca de Reyes. The rosca is a garland-shaped sweet bread that is served on El Dia de Reyes which contains one or more ceramic Baby Jesus figure. Everyone at the gathering has to take a slice of the bread. If your slice contains the figure, you are blessed and will be expected to host the next party which is held on February 2nd for Candlemas, where tamales will be served.

Visitors to Mexico and Villa La Estancia Residences homeowners are invited to join in the Mexican Christmas traditions for a wonderfully rich festive experience.

by VLEAdminRE,
Retirement in Riviera Nayarit
Fractional Vacation Ownership, Full Ownership, Riviera Nayarit

Riviera Nayarit: Far More than your Average Retirement Community

There is no doubt that Mexico is the number one choice for those looking to retire in a foreign land. Thriving expat communities that inhabit almost every coastal town, including, Puerto Vallarta, Nuevo Vallarta, Cabo San Lucas and everything in between, take advantage of low cost, laid-back lifestyles that make reaching retirement so much sweeter.

Retirement in Riviera Nayarit
Courtesy

Riviera Nayarit a Retirement Favorite

As the popularity of retiring in a foreign land hits all-time highs, so does the preference for Riviera Nayarit, Mexico’s hottest new destination. With its charming culture, stunning seaside towns and endless expanses of palm-fringed beaches, Riviera Nayarit offers far more than your average retirement community.

Attracting visitors from around the world, Riviera Nayarit’s colorful blend of old Mexican charm and modern luxuries creates the ideal destination for those looking to find their home away from home. In this peaceful haven, one can find the finest restaurants, a myriad of shopping opportunities, and a large variety of recreational activities, including world-class golf, sunset sailing and romantic strolls along the most alluring beaches.

Friendly Faces Grace Your Retirement

While the natural beauty that surrounds the region weighs heavily on one’s decision to make Riviera Nayarit their home, it is the genuine happiness and overall friendly atmosphere that exudes from every corner of the region that makes staying worth the while. At the heart of any great place is its people, and that couldn’t be truer for the residents of each and every town that dots Riviera Nayarit’s coast. From the end of Banderas Bay and beyond, the locals are known for their unwavering hospitality and heartfelt welcomes, making it easy to adapt to such a harmonious lifestyle.

Fractional or Full Time Retirement?

Choosing to live in Riviera Nayarit, even if only for part of the year, is a huge step in the right direction. One can find everything from villas to resort-style condominium complexes that make buying real estate in Mexico hassle free. While purchasing a Mexican home can be quite nerve wracking, it’s the option to buy upscale residences with 5-star resort amenities that draws people to the area. With endless opportunities to buy real estate, it is easy to make the move to a happier, more relaxed lifestyle.

Have you thought about a Try and Buy option? Visit us at Villa La Estancia Residences and see what you think!

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

Can I finance my purchase at Villa La Estancia Residences?

One of the advantages of purchasing a residence at Villa La Estancia, whether fractional or full ownership, is that you can benefit from financing from the developer. For a limited time, you can finance your property for up to 10 years, with a typical deposit of 25% of the share price or full real estate value, depending on whether you opt to purchase full or fractional residences.

Most owners, however, will pay cash or opt to pay for their share with equity from their primary residence, using a line of credit. Even so, developer financing is an option to consider, with the intention of making it as easy as possible for you to access your dream property in Mexico.

Financing for your purchase at Villa La Estancia Residence is available for both full and fractional properties.

For more information about how you might finance your purchase at Villa La Estancia Residences, contact the sales team directly for a personalized cost calculation for an residence of your choice by calling 18668437005

by VLEAdminRE,
Sunset in Riviera Nayarit
Destinations, Fractional Vacation Ownership, Full Ownership, Real Estate, Riviera Nayarit

Snowbirds in Riviera Nayarit

Thinking about becoming snowbird in Riviera Nayarit? Fed up of the freezing temperatures in Canada and the USA throughout the winter months? Why not spend your winters in sunny Mexico and enjoy all the wonders of snowbird living in Banderas Bay.

Becoming a Snowbird in Riviera Nayarit

It is simple to make Riviera Nayarit your home, whether that be a second home, vacation rental or a permanent residence. Banderas Bay, which includes Nuevo Vallarta, Punta Mita and Puerto Vallarta, is an extremely expat friendly location with the some of the best real estate opportunities in Mexico. Immigration is relatively straight forward, property prices are reasonable and the lifestyle is unbeatable.

All it needs for you to become a snowbird in Riviera Nayarit is to make the decision and start the ball rolling. Come for a vacation and check out the opportunities for real estate and fractional ownership, so you can make escaping the winter frost a reality for you and your family.

Sunset in Riviera Nayarit

Why do Snowbirds choose Riviera Nayarit?

There are many reasons why “snow-birding” in Riviera Nayarit is so popular, but the weather has to be one of the key factors. Winter in Riviera Nayarit is warm and sunny with little chance of rain; you can escape SAD disorders thanks to the hours of sunlight guaranteed! Likewise the beautiful surroundings, which include mountains, stunning beaches and royal blue ocean, is a factor that makes Riviera Nayarit a top choice for snowbirds.

Real Estate investment in Riviera Nayarit is also very attractive, not only in terms of prices but also in terms of location, facilities and the range of opportunities for fractional purchases as well as full ownership. For those of you who only wish to spend a month or two at a time, fractional ownership could be a great idea.

Flights to and from Riviera Nayarit are also frequent, complemented by the convenient international airport that sits on the edge of Puerto Vallarta and Nuevo Vallarta. There are many direct flights from Canada and the USA as well as budget airline charters, most of which allow you to travel with pets.

Finally, the delicious Mexican cuisine and a great friendly community are the cherries on the cake of becoming a snowbird in Riviera Nayarit. You will want to make Mexico you second home forever once you have taken the first leap of faith into paradise.

Become a snowbird in Riviera Nayarit and visit Villa La Estancia Residences.

by VLEAdminRE,
Fractional Ownership - Villa la Estancia Residences Riviera Nayarit
Fractional Vacation Ownership, Real Estate

Are Fractional Ownership and Timeshare the same?

No, fractional ownership and timeshare are not the same.

Fractional ownership is different to timeshare although the idea of “sharing time” at a property is similar. The key difference between fractional ownership and timeshare is that when you purchase a fraction of a property, you own titled real estate. At Villa La Estancia, fractional ownership will entitle you to the deeds of your fraction of the Villa that you wish to buy; you are the owner of that percentage of the Villa, with the right to use all the facilities at the hotel covered by your maintenance fees.

Timeshare functions in a different way, depending on the membership, but in general, you do not own equity when you buy timeshare. You purchase points or units of time which give you the right to use a property at a timeshare resort. Fractional ownership, on the other hand, makes you the actual owner of your percentage. As such, your investment can appreciate in value over time as the property as a whole appreciates. Likewise, fractional owners can sell their individual fraction whenever they choose.

Fractional Ownership - Villa la Estancia Residences Riviera Nayarit

Another difference between fractional ownership and timeshare is that fractional ownership is just like a bricks and mortar investment that does not expire. Timeshare membership is usually for a set period of years like 25 or 30 years. Fractional ownership is for life and can be left in a will, donated or gifted as you wish (in accordance with federal inheritance laws and taxes, of course).

The advantages that both fractional ownership and timeshare share is the ease with which you can enjoy a second home in paradise without the responsibility or costly investment of full ownership. Fractional ownership allows you to enjoy all the advantages of owning your second home, without any of the hassle associated with being a homeowner in a foreign country. At Villa La Estancia, you pay for your fraction of the property and your share of maintenance fees and you can come and go as you please during your allocated yearly fraction.

Both timeshare and fractional ownership have their advantages, the key is to find what suits you and your vacation aspirations.

by VLEAdminRE,
Fractional Vacation Ownership, Riviera Nayarit

Fractional Retirement Living in Riviera Nayarit

Retirement can be both a daunting and an exhilarating time of life. It is easy to see retirement as the beginning of the end as well as that time in your life when you can finally do all those things you never dreamed possible. According to popular psychology, the key to happy and healthy retirement is to exchange the challenges of your day job for other fulfilling adventures, of which travel and leisure activities will surely play a key role. That is perhaps why fractional retirement living in Riviera Nayarit, Mexico is so popular among retirees in the United States and Canada, particularly during the winter months.

What do you need to know about fractional retirement living in Riviera Nayarit?

Fractional retirement living in Riviera Nayarit is an accessible choice for those facing retirement as well as those who have already started to enjoy the freedom that retirement brings. The beauty of a fractional purchase in Riviera Nayarit is that you don’t have to undertake the responsibility of full second home ownership in a foreign country yet you enjoy all the benefits! You will also find that Riviera Nayarit offers many advantages for retired expats living in Mexico.

Fractional Retirement Living in Riviera Nayarit-Golf Course

Riviera Nayarit

One of the main reasons why fractional retirement living in Riviera Nayarit is such a popular choice for visitors from the USA and Canada is its location. Firstly, international flights to the area are plentiful, leaving from a number of major cities in both Canada and the USA, including budget airlines and charters. Secondly, the pristine beaches that line the coast from Puerto Vallarta’s international airport, passing Nuevo Vallarta until Punta Mita are among the best that Mexico offers. Plus, you can enjoy the sight of the Sierra Madre Mountains that envelop Banderas Bay like a tropical embrace.

Another reason that Riviera Nayarit is such a great choice for fractional retirement is the infrastructure and quality of real estate that you will find in this particular area of Banderas Bay. Many of the most attractive properties in Nuevo Vallarta and in the Punta Mita area are located within luxury gated communities that offer the utmost security and exclusivity. You will also find elegant and convenient real estate options like Villa La Estancia Residences, which provide all the excellent services of a five star hotel.

Fractional Property Ownership in Mexico

Fractional ownership in Mexico is often confused with timeshare and vacation clubs; however there are a number of differences that make fractional ownership particularly attractive for retirees. Fractional ownership is generally for longer periods of time, such as 1/8 or 1/4 of the year (6 weeks and 13 weeks respectively). This is particularly convenient for retirement living as you have the freedom to enjoy your second home for longer periods yet are not responsible for its maintenance and upkeep outside of your allocated fraction. The other great advantage of fractional ownership is that your purchase is deeded, meaning that it is yours to sell or bequeath just like any real estate property, giving you greater security for your investment. Highly reputable companies such as Villa La Estancia Residences will also allow you to upgrade your fraction to full ownership at anytime, taking 100% of your existing investment as credit towards your new full purchase.

For more information about fractional retirement living in Riviera Nayarit, go to http://www.villalaestanciaresidences.com/ownership/ or call 1 866 843 7005.

by VLEAdminRE,