Have you been dreaming about becoming a homeowner in Mexico? If so, you’re not alone, so many people have the dream of having a vacation home, especially in popular coastal destinations in Mexico such as Cabo San Lucas or Puerto Vallarta.

Did you know that many foreigners are purchasing beachfront real estate in Mexico that they couldn’t afford in their own countries? It’s true. Some people buy a vacation home, and some even decide to retire full time in Mexico. While foreigners cannot hold title on properties near the coast or border, they can purchase real estate properties on the borders or coast legally through a Fideicomiso or Bank Trust.

A Fideicomiso or Bank Trust gives foreigners the ability to purchase property and the title will be held in a bank, and the homeowner is the beneficiary. In the meantime, keep reading below to learn more about bank trusts in Mexico.

What is a Fideicomiso?

To begin with, in Mexico there is a law that says only citizens of Mexico can purchase land that is near the coast or border. This law prevents foreigners from owning real estate property near the coast or border with the title being held in their name.

However, with a Fideicomiso or bank trust, a foreigner can buy real estate in Mexico. Also known as a Bank Trust in English, a Fideicomiso is the legal way and official process for non-citizens of Mexico to be able to buy real estate by the coast or border.

The deed is held through the bank trust and the bank is the trustee, and the beneficiary is the homeowner. Bank Trust owners have the same rights as citizens of Mexico. The property goes to the beneficiary, and if they pass away, it is able to be passed down to their heirs.

Check out Riviera Nayarit Summer Vacation Tips.

How Does the Bank Trust Work?

A Notario will organize the Bank Trust or Fideicomiso. The bank trust will have a time term of fifty years, then it will automatically renew for another fifty years once it concludes. It is very simple to set up a Fideicomiso and it is affordable as well. In addition, a Fideicomiso gives the homeowner the right to designate a second beneficiary in the event of the homeowner’s death.

The heirs don’t have to go through probate, because the title is held in a bank trust legally. Non-citizens of Mexico can own coastal real estate in Mexico legally. You should only work with a reputable real estate agent or developer. When an offer has been accepted, the title company will hold the escrow funds, then disperse them at closing.

Read more about Luxury Beachfront Real Estate in Mexico.

Location is Important

One of the most important things to consider when you are purchasing real estate in Mexico is the location. You can upgrade your property or elegantly furnish it, but you can never change its location. Some of the most popular and sought out properties are on Mexico’s beach and top tourist destinations such as Cabo San Lucas or Puerto Vallarta.

There, you can find all types of real estate including older homes, condo’s, villas, and brand new developments for homebuyers. However, you should always work with a developer that is reputable if you are purchasing a new construction.

You should remember if you purchase an older home, you can expect to do many repairs, which can be very expensive over time. You should always have a house inspection done before you make an offer on the property.

For this reason, many people decide to invest in new homes that will have less repairs and maintenance issues.

We have designed the Try & Buy Program for you.

You have just learned that foreigners can legally purchase beachfront real estate in Mexico through a bank trust or Fideicomiso. Make sure you work with a reputable real estate agent or developer.

Cabo San Lucas and Puerto Vallarta are great options because of the area’s natural beauty and excellent weather. If you want to check out a great property, come visit us at Villa La Estancia.

We have lovely properties in Cabo San Lucas and in the exclusive neighborhood of Nuevo Nayarit which is just 15 minutes north of the Puerto Vallarta Airport. There, our luxurious hotel-concept properties are ideally situated on the best beaches in Mexico which homeowners absolutely adore.

In addition, our home owners love their spacious beachfront residences that are elegantly furnished and designed. Also, homeowners have access to our world class amenities and services, too.

Ready to learn more? Contact us today at Villa La Estancia!

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. 

Would you like to purchase real estate in Mexico? These days, many foreigners are purchasing beachfront real estate property in Mexico’s top tourist destinations. The country has a great climate, stunning beaches, and a rich heritage, too.

Also, purchasing beachfront real estate in Mexico is very affordable when you compare it to similar homes in other countries. Foreigners are able to purchase real estate properties near the coast or borders with a Fideicomiso or a Bank Trust, which is the process that grants non-nationals to own real estate in Mexico legally.

You want to make sure you are selective when you are buying real estate. An older home comes with repairs and maintenance.

If you are purchasing new construction real estate, you want to make sure the developer is reputable, or you may face many issues later on. Read below to learn top tips about buying real estate in Mexico. 

Be Cautious When You Invest

Firstly, you want to be selective when you are thinking about where you want to invest your money. In Mexico, there are many different real estate properties for sale in different types of cities and towns.

Some of the most popular places that foreigners like to invest in real estate include top tourist destinations such as Cabo San Lucas, Cancun, and Puerto Vallarta. In each location, you will find a variety of properties including older homes, brand-new homes, and condominiums.

If you purchase an older home, you will want to have it inspected thoroughly. If you are thinking about purchasing a new home, make sure the developer is reputable and has a great reputation. At Villa La Estancia, we offer a unique hotel-condo concept that homebuyers love.

Right now, we have spacious beachfront residences for sale in Cabo San Lucas and Nuevo Nayarit that are solidly constructed and elegantly furnished. 

This article may interest you: Top Beachfront Destinations to Buy a Vacation Home.

Fideicomiso/Bank Trust

Next, Mexican citizens are able to purchase real estate that is near the coast or the border, but foreigners can only purchase coastal real estate in Mexico through a Fideicomiso or a Bank Trust.

In case you aren’t familiar with the concept, a bank trust is a legal way for non-citizens of Mexico to purchase real estate near the coast or border. The property deed or title will be held through the Fideicomiso or Bank Trust.

You will have the same legal rights as citizen homeowners, and you can designate a beneficiary in the event that you pass away. That way, they will legally inherit your real estate property in Mexico. 

Check out: Second Home In Riviera Nayarit at Villa La Estancia.

Fideicomiso/Bank Trust – How It Works

Are you curious how the Fideicomiso/Bank Trust works? A Fideicomiso is done with the assistance of a “Notario” or notary public in English. A bank trust has a term of fifty years, then it will be renewed automatically for an additional fifty years when the first term is over.

Renewing the Fideicomiso term is easy and affordable. The Fideicomiso gives the homeowner the ability to designate a beneficiary if the homeowner passes away. The heirs will not need to go through probate because the real estate property is held in the bank trust legally. 

Read our latest blog post, How to Move to Mexico.

How to Purchase Real Estate Property in Mexico

If you are wanting to make an offer on a real estate property in Mexico, you need to have a reputable broker. The broker will work with the notary public and escrow offices to make sure your transaction is done smoothly.

Oftentimes, real estate brokers in Mexico use dual-column bilingual documents that are in English and Spanish. When an offer is accepted, then you will need to have an escrow account opened with the earnest money deposited in it. The title company will pay the escrow funds and then the exchange of property will be completed. 

Did you enjoy reading the above tips about buying real estate in Mexico? Are you wanting to purchase beachfront real estate property in Mexico? If so, you can do it legally through a Fideicomiso or bank trust. Make sure you choose a quality property such as our luxury beachfront residences at Villa La Estancia.

We have in-house brokers that can assist you in the purchase process and make the transition to buying your home in Mexico seamless.

Our luxury beachfront residences also come with access to world-class amenities and services including multiple pools, a spa, a fitness center, onsite restaurants, room service, and a front desk concierge.

Contact us today to schedule a property tour as we have a limited number of residences available for purchase in Cabo San Lucas and Nuevo Nayarit near Puerto Vallarta.

It won’t be too long before you will be enjoying your beachfront property… If you think you should take a vacation first and get to know Villa La Estancia Los Cabos and Riviera Nayarit, visit our special offers.

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.