Banderas Bay Dream Home: Villa La Estancia Riviera Nayarit

Are you searching for a dream home in Riviera Nayarit? Have you have been considering an investment for year and ready to take the leap and invest in Mexican real estate? The time is now to find your Riviera Nayarit dream home. Villa La Estancia Riviera Nayarit is part of an exclusive AAA Four-Diamond Luxury Resort with only the best world class amenities, and there is no need to let maintenance and repairs ruin your valued vacation time. At Villa La Estancia Beach Resort & Spa Riviera Nayarit, it is all taken care of for you, it is an ideal maintenance-free real estate vacation home perfect those looking for a hassle-free dream home in Mexico.

  • Well-appointed units: Villa La Estancia Riviera Nayarit is a gorgeous property with a dream home that is pleasing for even the most discerning traveler. All of our exquisite suites are furnished with elegant Spanish Colonial and Hacienda decor and provide every amenity you could ever hope for and so much more. Our 2-bedroom suites are over 2000 square feet and tastefully decorated with only the highest quality finishes. Presidential 3-bedroom suites provide plenty of room for you and your extended family or friends. All the appliances are included as well as well as luxury finishes such as travertine floors and granite countertops.
  • Interior Designed Furnishings and Decor: In addition, there is no need to spend additional money on an interior designer – the design work is already done for you and you will love the authentic and upscale Mexican style. Units are move-in ready so you can begin living out your vacation dreams right away. Fully equipped kitchens have a breakfast bar, and stainless-steel ovens and stoves, dishwasher and double-door refrigerator with a water purification system already in place. The large and comfortable living areas are designed for relaxing. Private, expansive balconies are the perfect spot to take in the gorgeous ocean and Banderas Bay views. Villa La Estancia Beach Resort & Spa in Riviera Nayarit provides luxury resort amenities and services so that you can feel comfortable yet pampered in your dream home. Seize the moment – you deserve it to yourself and your loved ones to only have the best when it comes to your dream home in Mexico.
  • Spa Treatments & Luxurious Grounds: Villa La Estancia Riviera Nayarit is proud to offer an award-winning European Tatewari Spa with indulgent Hydrotherapy Circuit so you can relax and unwind. Let the stress of daily life fade away as you enjoy massages and beauty treatments in a beautiful setting. Make your appointment today…you deserve it! In the mood to exercise? Our state-of-the-art fitness center is located right on site so you don’t have to lose your fitness even when you are away from home.
  • Great Climate Year Round: The pleasant, sunny year-round Mexican climate is one of the biggest attractions for foreigners wanting to invest in Villa La Estancia Riviera Nayarit. More and more Americans and Canadians are finding their dream home at Villa La Estancia Beach Resort & Spa in Riviera Nayarit. The lower cost of living and access to great, affordable healthcare is hard to beat. What a wonderful way to stretch your money while also enjoying an improved quality of life at your dream home in Mexico. Real estate properties at Villa La Estancia Beach Resort & Spa Riviera Nayarit is ideal for expats looking for their dream home in Mexico.

Are you ready to find your dream home in Mexico? From affordable health care to vibrant culture, delicious food and year-round fabulous weather, Riviera Nayarit is the optimal location for a dream home in Mexico. Villa La Estancia Riviera Nayarit could be the dream home you have been longing for…what are you waiting for? The time is now. You deserve it!

Enjoy our Try and Buy Program, click here.

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.

Mama Groups for Expats on Banderas Bay

For a thriving family, relocating to another country may be a bit difficult to grasp at first. But there are many positives to relocating, especially for those who wish to become expats on Banderas Bay. For starters, your children will have access to a new culture they can embrace and a new language they can learn to speak fluently. So, if you ever plan to moving to the Banderas Bay area, keep in mind that there are support groups for mothers who are expats on Banderas Bay that will make the relocation process a lot easier to overcome.

A popular and beneficial group for expat moms on Banderas Bay is Mamas in PV.

Mamas in PV

If you are looking to relocate to Puerto Vallarta or if you are already an expat on Banderas Bay, a wonderful connection you can make is to join the Facebook group known as Mamas in PV (https://www.facebook.com/groups/MamasInPV/). This group, which started with eight moms in Puerto Vallarta from Mexico, Canada and the United States, now has expat moms from all over the world. Over 2000 active moms are a part of this group, and they all have one passion in common: raising their families in the Mexican tropical climate.

To be a member of the group, you must be an expecting mom or already a mom of any age. The group aims to hold weekly gatherings to help support one another while surviving the life of a mother who may be away from the rest of her family while in Mexico.

The group provides great resources for expat Moms on Banderas Bay, and that’s not all. The group has also taken an interest in supporting charity initiatives. For example, members of the group have collaborated on a riverside picnic party, beach bash and other exciting activities as fundraisers for charities.

Pasitos de Luz, a charity that helps a non-profit agency assisting Puerto Vallarta’s low-income disabled children, is one of Mamas in PV’s favorite organizations to support. Almost twenty years ago, a group of Puerto Vallarta’s low-income mothers in need of having proper care for their children created Pasitos de Luz. Another charity event known as Piñata de Luz: Mothers helping others is the most successful event Mamas in PV has put together each year so far. The event allows the group to answer a mother’s Christmas wish list for her family.

The group gives expats on Banderas Bay and Mexican mothers the ability to trade items like hand-me-downs and other gifts. Information on recommended schools, good doctors, dates to special events in Puerto Vallarta like plays and other facts can be found on the Mamas in PV page. You get a chance to share your experiences and expertise while getting to know new people!

So, if you desire to start your life anew on Banderas Bay, joining the Mamas in PV group is an effective way to start your life of relocation to Mexico.

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Is dollar king for Mexico’s real estate market?

If you are thinking about purchasing real estate in Mexico, you may be wondering about which currency you will use to make the transaction. While the official currency in Mexico is the Mexican peso, you can still carrying out transactions for Mexico’s real estate market in dollars in top tourist areas such as Puerto Vallarta and Cabo San Lucas. There are advantages and disadvantages to this, as will be discussed below.

Is dollar king for Mexico’s real estate market?

Mexican Pesos

Technically, it is not legal in Mexico to use foreign currency to pay for goods; however, in practice, areas where there is a large community of expats and foreign investment will find that prices for high cost items like real estate are quoted in US dollars. Therefore, Mexico’s real estate market allows buyers to purchase properties with US dollars so long as both parties agree. However, you must remember that, even if you pay for your property in US dollars, the price quoted on the title deed to your property and used for calculating your property taxes in Mexico will be documented in Mexican pesos.

Remembering that the value of your property is recorded in pesos is important when navigating Mexico’s real estate market, particularly when you come to sell your property. For example, if the Mexican peso continues to devalue against the US dollar—as it has in the last few years— when it comes to calculating your capital gains taxes on your house, you may find that you will be subject to higher taxes, even if the equivalent sale price in US dollars is the same as when you bought it.

Let’s say you bought real estate in Mexico three years ago when you would have got 16 pesos for each US dollar, and it cost you the equivalent of 100,000 US dollars when you bought it, which would be 1,600,000 pesos. Today, one US dollar is worth between 18 and 19 pesos, which means if you were to sell your house for 100,000 US dollars, that would be at least 1,800,000 pesos, so you would pay capital gains on 200,000 pesos even though your property is not worth any more in dollars. You will essentially pay taxes on the profit that it appears you have made in Mexican pesos, even if there is no profit in real terms when you convert the price into dollars.

US Dollars

There are very real advantages to advertising your property in US dollars in Mexico’s real estate market in popular tourist areas, regardless of whether your buyer ultimately pays in US dollars or Mexican pesos. The reason for this is that historically the US dollar has been more stable than the Mexican peso and is less open to fluctuations during the selling process.

Selling real estate in dollars is attractive for foreign investors, though some Mexican nationals may be deterred from making an offer on your property as it becomes complicated when it comes to signing, particularly if the buying is relying on a Mexican mortgage, which will be calculated and awarded in Mexican pesos. If you insist that the offer price be paid in dollars, local buyers will not have a clear idea how much the property will cost them until the day of the signing. Such variables can lose a sale. Often, the best compromise is to advertise real estate in US dollars but be open to accept Mexican pesos or US dollars in payment.

If there is one fact you should take away from this article about Mexico’s real estate market it would be to remember that your title deeds will be quoted in Mexican pesos regardless of whether you paid in Mexican pesos, US dollars or coffee beans!

Read more: Introduction to Types of Real Estate in Mexico

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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What’s the Purpose of Title Insurance?

Is title insurance a new concept for you? Here you will find out all you need to know about the purpose of title insurance.

  • What’s the purpose of title insurance?

Title insurance protects against financial loss due to defects that may be found in a property title, and can be used to prove the lawful ownership of a piece of property. More than half of all real estate transactions run into trouble someplace within the chain of title, and title insurance can be useful in helping uncover any issues prior to making a property purchase, which will allow you to correct any problems so that the transaction can be completed. Property loss or damage may occur due to liens, encumbrances or defects in the title to the property, and title insurance shields real estate owners and lenders against such problems. Every title insurance policy contains specific conditions, terms and exclusions.

  • Protecting your investment

For most people, their home is the largest investment they make, and title insurance can help to safeguard it. Most types of insurance (like auto, flood or homeowners insurance) supply coverage for events that might be happen in the future; however, title insurance defends against losses that may come from defects and hazards that a property title already has. Documents from a previous sale that have been improperly executed or a lien against a previous owner are some examples of these issues.

  • Checking for past liens

Insurance policies including healthcare, life protection, etc. protect you in the event that something happens in the future, and you pay for them with premiums broken down by the month or year. On the other hand, title insurance protects against previous events that happened with the real estate property and its former owners, and is paid in a one-time lump sum at the close of escrow.

  • Benefits buyers, sellers and lenders

Claims from defects is something title insurance protects against. Defects including improperly recorded documents, fraud, forgery, liens, encroachments, easements, another person claiming an ownership interest and other items are defined in each insurance policy. So that they can be insured against assorted possible title defects, purchasers and lenders need title insurance. When title insurance is issued, it benefits the buyer, seller and lender.

  • Title agents

Once the title order has been opened by the escrow officer or lender, a title search can be conducted by the title agent or attorney. The customer will be sent a preliminary report to review and approve. Upon the instruction of escrow, all closing documents are recorded. After recording has been confirmed, orders are paid, funds are expended and the title insurance policy is produced.

  • Escrow

Escrow is a process that happens when the money for a transaction (like when a house is being sold) is kept by a third party (often a title company or an attorney when it comes to real estate dealings) until the conditions of the transaction have been fulfilled.

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Potential Rental Income from Real Estate in Banderas Bay

There are many benefits to buying real estate in Banderas Bay; potential rental income, the enjoyment of having your own property, and the security that a “bricks and mortar” investment gives are just some of those benefits.

Potential Rental Income from Real Estate in Banderas Bay

Now more than ever renting out a property for short and long-term income is becoming accessible and popular, especially in vacation destinations like Banderas Bay, Mexico. Whatever your preference, short or long term, vacationers or snowbirds, you’re sure to find a niche that suits your aims. When you own property in a popular area, too, this potential grows dramatically. Rental income from real estate in Banderas Bay has great potential.

Villa La Estancia Real Estate Makes It Easy

Owners of Villa La Estancia real estate in Banderas Bay will find themselves in an enviable position when it comes to the potential for rental income. When you own a home in this area of Banderas Bay, with these great benefits, you’re sure to find potential renters with ease. Depending on how you feel about it you could manage all potential renters (and the schedule) yourself, or you could hire an independent property manager to share your duties.

If you want to kick back and leave the stress to someone else entirely, however, you can always enlist your property in the Villa La Estancia Rental Program; this will leave your property in the hands of a team of professional marketers and managers.

Potential for rental income for Banderas Bay fractional real estate owners

Even if you own only a fraction of your Villa La Estancia property you can benefit from this amazing offer, so you could easily have your own vacation and still have time to rent to others! For example you might stay in your property for a couple of weeks and rent out the remaining time.

Real estate that is always ready for your arrival

Finally, when you own a home at Villa La Estancia in Banderas Bay you have the unique benefit of knowing that it will always be clean, tidy, and ready for your arrival (regardless of how many guests have been staying when you were renting). The hotel staff make sure of it!

The potential for rental income from real estate in Banderas Bay is highly favorable. Want to find out more? Give us a call today and we can help you: Call 1 866 843 7005 today!

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10 Reasons to make Mexico your Home

Mexico is a vast and eclectic country that can often be overlooked as a place to lay down more permanent roots. Whether you already feel the seeds have been planted to make the move or if the idea is still fresh, read below for some pointers on why moving to Mexico is a fabulous idea.

10 Reasons to Make Mexico your Home

The People

Three words to describe the people of this wondrous land would be kind, curious and welcoming. Mexican people will take the time to ask you, with genuine interest, about your experiences and to share their own. If you take the opportunity to exchange a few words with the locals, you will most likely be given tons of advice on the best places to visit or perhaps even invited to eat in the family home.

The Climate

The beauty of the Mexican climate is that with such a huge landmass it can cater for everybody. If you love a tropical climate, you can have it! If you prefer cool mountain weather, it’s yours!

The Colors

Mexico is a visual feast of colors that is never dull. This country has a bright palette demonstrated by the food, textiles, flowers, traditional paper banners, street art, even houses – the list goes on!

The Lower Cost of Living

Coming from the U.S. Canada and Europe, the cost of living feels substantially cheaper. You will find yourself spending a fraction of the price on things like eating out, rent and transport. This allows you to worry less and enjoy more.

The Cuisine

Although Mexican food can vary from state to state as each region puts their spin of things, the cuisine is consistently delicious. Classic flavors draw from tomato, chili and corn, lime, onion and cilantro. You can find mouthwatering seafood and fresh fruits, exquisite traditional foods including soups, meats and sauces, and not forgetting of course the foundational taco.

The Landscapes

The sheer size of Mexico paves the way for countless gorgeous landscapes from the Caribbean beaches of the South to the rocky desert of the North. There are volcanoes, tiny mountain towns, copper canyons, rapids, mountainous jungles and urban cityscapes.

The Nature

Given the wealth of natural resources that Mexico nurtures, its biological diversity is something to be treasured. Mexico boasts almost 30,000 species of flowering plants and 1,500 types of mammals, reptiles and amphibians. You can experience the grandeur of the pink flamingo in the Yucatan or the millions of Monarch butterflies in MichoacĂĄn which migrate from Canada each year.

The Celebrations

Another colorful element of the culture is the festivities! With a plethora of bank holidays to celebrate national and religious holidays, there is plenty of joy to be had throughout the year. You can join the celebrations by sporting the national colors of red, white and green whilst eating, drinking and dancing to your heart’s content.

The History

Mexican history is a rich and interesting study, from the Olmecs and Mayans, to the Spanish conquest, to modern day political issues. There are many museums and art galleries throughout the country to tell the story, particularly in the larger cities like Mexico City and Guadalajara.

The Sense of Fun

Finally, Mexico is a country that has a sense of fun and freedom to it which is contagious. Perhaps this is brought to us by all of the above; the endless opportunities to experience something new and the generous people which make it all possible.

Do you need any more reasons to make Mexico your home? Contact us today!

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Introduction to Types of Real Estate in Mexico

When it comes to real estate options for vacation homes, Mexico is the place to look. Mexico can deliver if you are looking to buy an amazing villa that overlooks breathtaking tropical waters or even if you want to design your own home. There are many real estate opportunities in Mexico awaiting you. Here is our guide to the types of real estate in Mexico.

Guide to Types of Real Estate in Mexico:

  • Houses and single family homes in Mexico

Usually the houses in Mexico are two story houses. In the cities the houses are generally bigger. Traditionally houses in Mexico would come with a courtyard, designed purposely so on hot and humid summer days the homeowner can remain cool. Nowadays you will find more variety, with many modern homes in Mexico resembling North America and Europe homes.

  • Condos in Mexico

Condos are becoming a more and more popular option for real estate in Mexico, particularly in tourist areas where foreign investment is becoming more prominent. When you own a condo, you own a unit that is in a large building or complex, and you usually have access to a pool and/or a gym; your association fees will help maintain these common areas. There are some limits on condo owners as to what changes you can do to the interiors of your apartment, but in general, you can decorate your unit as you like. Changes to the common areas will be controlled by the homeowner’s association or the company that is employed to administer the condo.

  • Villas in Mexico

A ‘villa’ traditionally refers to a large luxurious home that is elegant and sophisticated, usually fairly big and overlooking some kind of impressive view. For example, the villas at Villa La Estancia offer incredible ocean views. Villas are certainly one of the most luxurious options for real estate in Mexico.

  • Condo-Hotels In Mexico

A condo-hotel in Mexico refers to real estate option for people to purchase homes at a hotel complex. The units you can purchase come with many added features such as using room service and concierge services with the hotel. Sometimes there will be great restaurants, a spa and multiple pools.

  • Apartments in Mexico

An apartment in Mexico is usually in a large building and the apartment can be rented or even purchased. The location, style, and size can vary as there are one bedroom apartments that are located in a family style neighborhood and all the way up to five bedroom apartments that is located within the city and these come with added features such as a Jacuzzi and a balcony that you can enjoy.

  • Building Your Own Home in Mexico

You can purchase land, then have your own home built for you in Mexico. If this is what you are wanting to do, then you should hire an experienced contractor. You should always be available and let them know exactly what you want done through each of the construction processes, so you can avoid any costly mistakes and surprises that wasn’t included in your original design.

What is your favorite type of real estate in Mexico? Leave us your comments.

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!