Real Estate in Mexico: Time to Buy?

Mexico has long been one of the most popular vacation destinations in the world thanks to its sandy beaches, warm climate, rich culture and varied cuisine. Mexico truly has something for everyone to enjoy. As a result, more and more foreigners are falling in love with Mexico and want to call it home. Are you considering investing in real estate in Mexico? Read below to learn more so you can make your Mexico real estate dreams come true.

Rising Property Values

It is a great time to invest in real estate in Mexico because property values are on the rise. Property values have been steadily increasing over the last decade, especially in coastal towns. New constructions are constantly popping up, and consequently more buyers are coming forward to purchase real estate in Mexico. Real estate in Mexico is still more affordable than real estate in a coastal town in the United States or Canada, so don’t wait until prices get out of your reach. Two of the top advantages to buying real estate in Mexico is that the cost to maintain your property is very low, and property taxes are significantly less than average property taxes in the United States.

Best Investment

Interested in a real estate property that also comes with fabulous amenities and services? You should check out real estate at the renowned Villa La Estancia. With properties located in Riviera Nayarit and Cabo San Lucas, Villa La Estancia could be the dream home you’ve been searching for. This award winning luxury resort has everything from multiple pools, world class spa, gym, tantalizing restaurants and so much more. All right on the beach with amazing ocean views from every unit. The elegantly designed suites have all the highest quality finishes and touches you deserve. Are you ready to treat yourself to the best?

Foreigners Can Purchase Real Estate in Mexico

In the past, many people believed that foreigners could not own real estate in Mexico near the beach. However, you are able to make your real estate dream come true by establishing a trust in which your property title will be held. Contact one of our professional real estate associates today to help explain further the process required. They will walk you through every step to make the process easy and streamlined so that you can have more time enjoying your piece of real estate in Mexico.

Rental Income

Riviera Nayarit and Cabo San Lucas are two of Mexico’s top tourist destinations. If you purchase real estate in Mexico in these towns, you will have the opportunity to earn rental income by leasing out your property when you are not using it. If you are smart enough to invest in the luxurious Villa La Estancia, our on site staff can assist you in securing renters for your property. They will make sure you have your valuable vacation time allocated on the calendar, so no overlapping or double booking occurs.

If you plan to buy real estate in Mexico, don’t hesitate too long as properties are flying off the market due to increased popularity. The time is now!

Recommended article: 10 Reasons to make Mexico your Home

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 Michoacán 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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Checklist for Relocating to Mexico

Relocating to Mexico, or to anywhere in the world for that matter, is an exciting yet complex step. You will find there are many things you need to organize on both sides of your move to make sure that everything runs smoothly while relocating to Mexico.

There are dozens of reasons for relocating to Mexico: great opportunities, adventure, fantastic weather, the chance to expand your linguistic and cultural horizons, and, of course, the delicious food. But, now that you’ve decided to make the move… do you know how to go about making it happen smoothly? With so many things to do, so much to consider before relocating to Mexico it can be very overwhelming. Here are some of the most essential things to consider when you’re making this big move to Mexico.

Do you have all your documents in check?

It’s so key that you make sure that you, and everyone in your family relocating to Mexico with you, have a current passport, and that you have applied for all the appropriate visas to live and work in Mexico. If you need to, you should contact your local Mexican consulate for any of the forms you will need to complete, and to pay any fees that are required. You should also gather together any important documents you wish to take: birth certificate, marriage certificates, and diplomas should be gathered up and kept safe. You may wish to have them all apostilled before relocating to Mexico.

Have you made a list of what to take?

Not everyone is a “list person” but when relocating to Mexico a list will come in handy to help you decide what to take with your. What items you will take with your to Mexico really depends on you as a person, and your personal circumstances. If you don’t see relocating to Mexico as a permanent or long-term move you might wish to leave some of the larger items (furnishings etc) behind in storage and take only the essentials (like clothes) with you. After all you will find plenty of furnished rentals for grabs in Mexico, and you can always purchase some items when you get there. If you do leave your larger items in storage you can always have them sent at a later date when you’ve settled in. On the other hand, if you’re sure that this is it you may want to get it all over with in one go, and as such a professional moving company which specializes in long-distances should be your priority.

Do you want to take your car with you to Mexico?

If you live in the Americas already and have a vehicle you’re in a good position of being able to bring your car with you if you wish to. You should think about whether you wish to sell, store, or bring your car, and this, once again, will depend really on you and how permanent you see your move being. If you intend to drive to your destination with some of your belongings you should make sure that your car is serviced and in top condition before taking such a long journey. You will also need to apply for a special permit for your car, which is only valid while you are in the country as long as you current visa is valid.

How will you arrive?

If you cannot drive or do not wish to, then flying will be the quickest way when relocating to Mexico, although you may find you are paying high fees for your excess baggage.

Where will you live when you first arrive?

Firstly, you’ll need to deal with your current housing. This means giving notice that you’re leaving if you’re in rented accommodation, or deciding what to do with your home (if you own it). For homeowners there is always the option of renting your house out to secure extra income, but you can also sell it or leave it vacant. As soon as you know when you’ll be moving you should begin to look for accommodation in your destination. Renting is perhaps the best option when first relocating to Mexico so that you can get to know the areas where you may wish to purchase real estate once you are settled.

What do you have planned for your children?

If you’re bringing kids on this move you’ll definitely want to look into the best schools, maybe even private schools, and plan some time to tour a few when you arrive so that you can decide which best fits your family. Before relocating to Mexico, you will need to arrange for their last day of school (if its mid-term), and pick up their academic transcripts/report cards. Make sure you know what official paperwork you will need.

Deciding whether to bring your pets

Taking your beloved family pet is less hassle than you might think; you really only need to ensure they have the necessary shots and a certificate from a licensed vet. Some more unusual animals may require permits, however, so look into that before relocating to Mexico with your pet tarantula.

Are all your finances in order?

You should first of all find out if any of the banks in Mexico are affiliated with your own bank; this can help you to avoid ATM fees at their machines. You might also consider simplifying your finances by closing bank and savings accounts, and culling unnecessary credit cards. Make sure you have online accounts for all your banking needs and any gadgets that you need for logging in securely while living in Mexico.

Have you tie up all loose ends?

Make sure all pending bills are paid, and that your memberships, subscriptions, and unneeded services are cancelled before you leave for Mexico.

Related notes: Relocation to Mexico – Coping with Missing your Family

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