Banderas Bay Real Estate: Villa La Estancia

Are you lucky enough to be considering purchasing real estate in Banderas Bay? Beautiful beaches with an expansive Sierra Madre mountain backdrop make up a stunning setting for some incredible real estate options. One of the available is the exquisite Villa La Estancia located in Nuevo Vallarta in Riviera Nayarit.

Great investment

With close proximity to the charming cobblestone streets of Puerto Vallarta and just a short drive from the glamorous Punta Mita, Banderas Bay real estate standout Villa La Estancia is right in the middle of a bevy of tourist destination delights. You have a chance to take advantage of the great year-round weather and still have access to modern conveniences. A savvy choice for investment, Villa La Estancia is the perfect investment opportunity for those looking to enjoy the beauty of the Banderas Bay and enjoy its many attractions. Banderas Bay and Villa La Estancia are becoming more and more popular so the demand for these types of properties are increasing – don’t miss out on your chance to own your piece of paradise at Villa La Estancia!

Great location

Villa La Estancia is located in Nuevo Vallarta, Riviera Nayarit which is home to an abundance of natural beauty and activities for every type of vacationer. We have 7 world class golf courses in the area, including the home of the 2002 EMC World Cup as well as seasonal whale watching, city tours, horseback riding on the beach, snorkeling and scuba diving and so much more!  Try hiking to a waterfall or enjoy a sunset cruise in the majestic Banderas Bay taking in the night lights of Puerto Vallarta’s old town.

Top Amenities

There are many beautiful and interesting locations to consider in the Banderas Bay. Villa La Estancia is a luxury hacienda style hideaway for those who want first class service with a bit of Mexican charm mixed in.  AAA awarded Villa La Estancia with its Four Diamonds awards for high standards so you will not be disappointed. The beauty of Villa La Estancia is found in its essence – nearly every room of the resort has amazing views of the majestic Banderas Bay blue green waters.

Enjoy your ensuite amenities, or head to the European style Tatewari Spa to really relax and take a moment for yourself. If you’re in the mood for a dining experience, check out the varied dining options available at Villa La Estancia. La Casona is a Mexican eclectic steakhouse known for it prime cuts and beautiful views.  Villa La Estancia’s poolside Parrilla Restaurant is a more casual option that specializes in burgers, sandwiches, wraps, and Mexican seafood ceviches.

Are you interested in buying real estate in Banderas Bay? Consider Villa La Estancia in Riviera Nayarit.

Read this before you Buy Real Estate in Banderas Bay

If you are planning on purchasing real estate in Banderas Bay, there are a number of procedures and considerations that are worth reading up on to ensure a smooth experience. The following are some of the things you should know before you buy real estate in Banderas Bay.

Closing process when you buy real estate in Banderas Bay

The closing process to buy real estate in Banderas Bay is a little lengthy. It takes between 30-45 days to ensure all of your paperwork and escrow accounts are set up. The process must be carried out by a local public notary in Banderas Bay. The buyer pays the closing costs while the seller pays the capital gains taxes and real estate fees. Buyers and sellers do not need to be present at closing because both can be represented by their Sales Associate via a power of attorney.

Property Taxes for real estate in Banderas Bay

You can expect very low property taxes compared to USA and Canada when you buy real estate in Banderas Bay. The rate is usually around 0.08% of the assessed value and is known as ‘Predial’ in Spanish. House taxes should be paid yearly.

Insurance

Mexico has all the needed insurance for your property including liability, damage, property, and earthquake insurances. These are all available at low costs.

Property Managers

After you have bought a property in Banderas Bay, you might want to choose a property manager to look after your place. Especially if you will be away from your home for any length of time. As a second home homeowner in Banderas Bay, considering a property management company will be necessary, unless you have friends or family who can help you out.

Financing

Real estate transactions in Mexico are usually paid in full. Mortgages for foreigners are only available if you are a permanent resident working and paying taxes in Mexico. If you need extra financial aid, you might want to consider some sources back home like equity loans, second mortgages, personal lines of credit, among others. Otherwise, you will be expected to pay in full.

Rental Potential

One of the advantages, when you buy real estate in Banderas Bay, is that you can expect good rental potential. Quality properties in Banderas Bay are competitively priced. You can expect to rent your property as well as good hotels with an average occupancy of 60-80% annually. Take note that Banderas Bay enjoys a very strong rental market for both homes and condos.

Equity

Short-term property speculation is not a concept readily applied to the Mexican real estate market; but if you own in the most desired tourist areas, you will certainly see a rise in property values. Most buyers who have purchased real estate in Banderas Bay usually want to enjoy their property as a vacation home.

Are you getting a good deal?

Definitely yes! When you compare what your money could buy, in relative terms, with the housing market outside of Banderas Bay, you can assure of getting a good deal. Make sure you have considered the following factors like local beauty, ambiance, safety, cost of living, and life goals.

Maintenance

Don’t forget to calculate a budget to maintain your property in Banderas Bay. You should consider general wear and tear, roof tiles and plumbing etc. You also need to pay any maintenance fees on common areas, if applicable. Common area maintenance and security is usually handled by each building’s Condominium Owners Association.

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Invest in Peace, Rest and Real Estate in Banderas Bay

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Invest in Peace, Rest and Real Estate in Banderas Bay

Those in the know understand that in order to be financially strong and secure you should invest when you can, and few investments are so secure and tangible in the long term as real estate. After all, the term “bricks and mortar” has become a byword for stable and secure investment for a reason!

Invest in peace, rest and real estate

When you invest in a property in a vacation hotspot you get rental and growth potential, but also a place which can nurture your health and happiness as well as your wallet! Bitcoins and the stock exchange may promise big rewards quickly (or big losses!), but they cannot bring the joy that a vacation home will;

What’s the point of owning a second home and investing in real estate?

A second home can support you with rental income, provide rest and relaxation as a vacation pad, and is a long-term investment which can safeguard your future. If you want all the benefits with less of the responsibilities you can always go for fractional ownership when you purchase a property at Villa La Estancia real estate.

Why invest in Real Estate in Puerto Vallarta and Banderas Bay

Why Puerto Vallarta and Banderas Bay? Well, this is one of Mexico’s premier vacation hotspots, but it is less busy and sprawling, perhaps, than Cancun. During the world financial crisis real estate prices slumped, but the market is now recovering; this is the perfect time to buy in this area.

The city itself has much to offer; during snowbird season there are plenty of budget charter flights, and it’s within easy reach of an International airport which offers direct flights to big US and Canadian cities. Your family and friends could easily visit you when you stay in your Puerto Vallarta home, and such proximity will up the potential vacation rent you can expect to garner.

The thriving expat community and many different activities and sights are a draw for tourists from across the globe, and will make your own stays in any home you buy wonderful. You can expect to find theatre, gourmet food festivals, whale watching, Spanish lessons, writing groups and, of course, wonderful weather all year long!

Invest in peace, rest and real estate at Villa La Estancia

If you decide to go with full or fractional ownership at Villa La Estancia Riviera Nayarit, you can be sure that you’re investing in rest, relaxation, and tranquility! This is the privileges of home ownership combined seamlessly with luxury resort living! When you own a Villa La Estancia residence, known as villas, you can enjoy gourmet dining, multileveled, pools jacuzzis, and of course all the natural wonders that can be found in the surrounding areas.

A second home Villa La Estancia Riviera Nayarit is a real estate investment that pays in more ways than one!

Interesting Facts about Banderas Bay

Banderas Bay is one of the most stunning and desirable vacation spots in Mexico, and there is no doubt that Puerto Vallarta and Riviera Nayarit provides the best base from which to sample all the delights of this region. If you read on you’ll find out some really interesting facts about Banderas Bay with which to impress your friends when you get together again.

Los Muertos Beach

Los Muertos beach is one of the most beloved beaches around Banderas Bay, but many people are a little put off when they realise that the name translates, literally, to The Beach of the Dead. Legend has it that, centuries ago, locals fought off a pirate raid on this beach, and did so with such ferocity that many pirates died on the sands. If you talk to locals in the bars they’ll happily tell you about how many skeletons were found when the first hotels were being built on the beach! Nonetheless, any party you have here is sure to be lively so don’t give Los Muertos the swerve!

Banderas Bay

Banderas Bay is the biggest bay in Mexico, but it’s also one of the deepest and largest bays in the world as a whole! Sitting at over 900 meters it is practically fathomless, and at 42 kilometres wide it is in amongst the 10 largest in the world. The name Banderas, too, has significance as it is based on the Spanish word for flag! It is said that the Spanish Conquistadores, upon arrival, faced 20,000 armed natives with feathered flags, ready to defend their territory!

Las Peñas

The town of Puerto Vallarta, that sites at the heart of Banderas Bay, used to be called Las Peñas, in the 1800s, but was renamed after state governor Ignacio Vallarta in the 1900s.

Source of Income

Today, Puerto Vallarta’s 9 billion peso economy is based most upon tourism and the service industry, but before it became such a hotspot the town was a fishing centre. In those days the main source of revenue for Puerto Vallarta was the export of Corn, Coconuts, Beans, and Bananas to the USA (and, of course, feeding the local market).

The Movie Industry

Many famous faces have graced the shores of Banderas Bay for business and pleasure, and Puerto Vallarta, arguably, became what it is today because of one special movie. The Night of the Iguana, starring Richard Burton, put Puerto Vallarta on the map and the romance of Burton and Elizabeth Taylor made it infamous! This is, arguably, why so many big budget films (like 2011’s Limitless) have been filmed here since. These sands have seen the likes of Robert De Niro and Arnold Schwarzenegger!

Population

In the 1880s Puerto Vallarta had a population of around 1,500 people; today there are over 300, 000 inhabitants in Puerto Vallarta. The population boom was sudden and exponential. In the last 20 years the population has grown by a staggering average of 7.5% each year!

Mariachi Music

If you’ve been to Mexico before you’ll know that this is a culture which loves to party, and mariachi music is a key part of this! The state of Jalisco, where you can find Banderas Bay and Puerto Vallarta, is the epicentre of mariachi and in Puerto Vallarta alone you will find dozens of talented groups. There’s even a kids mariachi band in the city!

Recommended article: Top Tips for Finding the Best Real Estate in Puerto Vallarta and Riviera Nayarit

Banderas Bay Diving

Banderas Bay has amazing scuba diving options and the most breathtaking underwater opportunities for visitors to experience. A number of breathtaking natural underwater environments provide incredible tours to see marine life up close. Diving in Banderas Bay means that visitors can explore different volcanic formations, reefs, tunnels, covers, and rock arches. You don’t have to be an expert diver to experiences the enchanting elements below the water’s surface. Banderas bay diving provides some of the most exciting sea and marine life that includes sea turtles, eels, seahorses, octopuses, and some of the most beautiful tropical fish and rays.

Take a look below at what Banderas Bay diving tours can offer:

Los Arcos

The Los Arcos National Marine Park is the most visited landmark in Puerto Vallarta, especially for diving and snorkelling. The Los Arcos National Marine Park is protected by the Mexican government and has rock formations that are inspiring along with marine life and rare birds that include the Blue Footed Boobies. Los Arcos has long been a favorite spot for scuba diving and snorkeling. There are a variety of boat tours available during the day that will take divers down below the surface of the water where divers can enjoy beautiful tropical fish and many marine life that includes eels, seahorses, sea turtles, and even manta rays that are huge. About sixty feet further down there is a sandy patch that is called the Devil’s Mouth, and it leads to a 1,800 foot deep of the sea canyon that is absolutely beautiful.

Las Marietas

Las Marietas is located on the edge of Banderas Bay. There are two islands that are pretty large which also serve as a delightful marine reserve, perfect for diving and snorkel tours. In the 1960’s, Jacques Cousteau was left in complete awe of these two islands, putting them on the diving map. There are many underwater tunnels and caves that divers can explore. It doesn’t matter what level of diving you have as there are multiple diving areas: thirty foot, fifty foot, and the maximum depth is one hundred and ten! Divers will get their very own taste of underwater candy, seeing several different species of rays along with coral and fish. Their beauty will transform any diver. One of the most dramatic features located here is a rocky wall that sits vertically on the southern end of one of the islands. The rocky wall starts about one hundred feet above sea level, then immediately drops into the water.

Majahuitas

Your Banderas Bay diving experience isn’t complete unless you include Majahuitas. This dive spot is located to the south of Puerto Vallarta on Banderas Bay and is another excellent place to go diving and snorkelling. Divers can see a variety of tropical fish that swim around the massive boulders that are in the sea. This area is a great place to see octopuses, eagle rays, and garden eels who enjoy slithering in the water or on the sandy patches. Sometimes divers can see huge manta rays that have a wingspan of 15-20 feet as they have been seen in this area.

Banderas Bay diving is world class diving for divers of any diving levels. The natural beauty that can be seen is breathtaking.

Live in Rivera Nayarit

15 Great Reasons to Live in Riviera Nayarit

Need convincing about Riviera Nayarit for your second home? See these 15 great reasons to move to Riviera Nayarit and call Banderas Bay your home. Call us toll free on 1 866 843 7005 for more information and to find out if you are eligible for our Try and Buy promotion.

    15 Great Reasons to live in Riviera Nayarit:

  1. Cost of living is much lower than in the USA and Canada in Riviera Nayarit.
  2. The best beaches in Mexico.
  3. Riviera Nayarit enjoys on average more than 300 sunny days per year and winter temperatures are an average of 80ÂșF.
  4. Surrounded by stunning jungle covered mountains.
  5. Located on the largest bay in Latin America – Banderas Bay
  6. Just 10 minutes from Puerto Vallarta’s international airport.
  7. Cheap direct flights to the USA and Canada.
  8. Great fine dining restaurant scene and bars.
  9. Good bilingual schools for your children.
  10. Good private hospitals and affordable private medical cover.
  11. Housekeeping services are highly affordable.
  12. Your friends and family will want to come and visit regularly.
  13. Banderas Bay is full of gyms, yoga schools, crossfit centers and other ways to stay fit.
  14. Both Riviera Nayarit and Puerto Vallarta boast a great number of art galleries.
  15. Just 30 minutes from Puerto Vallarta’s malecon boardwalk.

Can you come up with anymore great reasons to live in Riviera Nayarit?

Leave your comments below and share why you love Banderas Bay.