2018 – The Year Ahead for Real Estate in Banderas Bay

It doesn’t take a real estate whiz kid to notice that the property market in Banderas Bay is pretty buoyant at the moment; with so much construction going on in the area, too, you can tell that local professionals have noticed this trend and are catching the wave! As a result, real estate publications in Banderas Bay are also on the rise; everyone is looking to capitalize on this movement.

Banderas Bay Real Estate Prices Beginning to Rise

If you’re looking to invest in a Mexican home in Banderas Bay this is the time to do so; prices for real estate in Banderas Bay have risen once and are set to rise again! The AMPI (Banderas Bay’s official real estate association) estimates a 4% increase in closing prices between this year and last year. This is a real wake up call for those looking to buy real estate in Banderas Bay, but a great sign for those who already own homes in the area.

Banderas Bay Real Estate is Trending Again

It should really come as no surprise that Banderas Bay is experiencing this sudden boom; the area is already a huge vacation destination, and is only 3 to 5 hours travel from home for the average American or Canadian. As such the area has a thriving ex-pat community in Banderas Bay to go with its stunning views, beautiful coast, and varied amenities.

Here you can find golf, watersports, shopping, bars, theatre, art, music, and, of course, local crafts all in one location. Better still, the weather is warm, dry, and balmy pretty much all year round; this is the perfect place to set up a home away from home.

Quality Guaranteed

The dash for real estate in Banderas Bay, so to speak, is really just beginning, but it is still important to be clear in what you want from your property. If you’re looking for a stellar vacation home you could consider the Villa La Estancia properties which are on offer.

These stunning residences are built to the highest quality and have access to the resorts 5 star facilities and great location! As a long time investor in this location, Villa La Estancia is committed to providing luxury and value in a way that is beneficial to the local area. When you buy with Villa La Estancia you get the best of both worlds.

What to Expect from a Vallarta Lifestyle

So, what is it that foreigners do once they make the move to Puerto Vallarta and the Riviera Nayarit to join the full-time community there? The list of potentials is endless, to be honest, as there is really something for everyone here. Get to know the Vallarta Lifestyle:

The Beach | Vallarta Lifestyle

The beaches and coves around Puerto Vallarta and Riviera Nayarit are, not surprisingly, at the top of this list, and for good reason! There is such variety in the beaches of Banderas Bay that you can be absolutely certain of finding the right beach on which to practice your favorite sport (whatever that may be!). Whether you wish to find stunning scenery to photograph, amazing coves to explore, or you want to swim, surf, paddle board, snorkel, scuba dive, or even freedive you can be sure to find the perfect place to do it all when you live in Puerto Vallarta. Get ready to put your hiking boots on, however, because there are simply not enough days in the year to see all that Puerto Vallarta’s coastline has to offer.

Vallarta’s Farmers Markets

During high season (October to May) you will find that Puerto Vallarta and Riviera Nayarit is the hub for some really lovely farmers markets! On Sundays there is a market in La Cruz de Huanacaxtle which benefits from stunning ocean views and access to some of the freshest seafood in town. Don’t forget to watch the street performers when stop to grab a bite to eat! On Saturdays from 9:30am to 2:00pm you will find the Old Town Farmers Market in Puerto Vallarta. This market has everything from street food and live music to art, clothing, jewelry, crafts, and locally grown produce! You can find the Old Town market at Lazaro Cardenas Park (adjacent to Los Muertos Beach).

Charity and volunteering

There are few better ways to make friends than through passion for a shared cause, and in Puerto Vallarta and Riviera Nayarit there are plenty of wonderful charitable causes which would benefit from your time and attention. There are animal shelters, orphanages, and old people’s homes; there is also “children of the dump”, a women and children’s refuge. There are also some schools for disabled children which could benefit from your experience and help. What better way to make friends than by giving back to the community in which you now live, laugh, and love?

Movie Theatres

Puerto Vallarta has almost as many movie theatres as gas stations (well, maybe not quite), and they’re generally reasonably priced as well as utterly charming. Thanks to this variety you can be sure you’ll find one that suits you to a T fairly quickly! At the Isla shopping center, for example, there is a VIP cinema which features in show waiters who will attend to your needs through each showing. If you have kids, on the other hand, there is the cinema adjacent to Pitillal which has a slide running all the way from the top row to a pre-show kids area.

Live Theater

If you’re a lover of live theater you should definitely get involved with Act II entertainment (found on the corner of Basilio Badillo and Insurgentes Street). They are always on the look out for fresh talent, and besides the viewings are affordable; even if you don’t want your shot at stardom you can enjoy the productions they put on! The theatre itself also has a lovely piano bar which is a great place to kick back, have a drink, and meet new people for those who enjoy a bit of luxury.

Taking a road trips

When you live in Banderas Bay, there are plenty of place to explore. Hire a car or take to public transport and explore the many wonderful colonial towns, lakeside villages, and seaside cities which pepper this landscape.

Share with us what do you like the most of the Vallarta Lifestyle!

Booming Real Estate Market in Puerto Vallarta for 2018

With so much uncertainty going on in the world, many people are flocking to Mexico to invest south of the border. 2018 looks to be a great year for real estate market in Puerto Vallarta and Banderas Bay. Find out why.

Buyer’s Market

It’s a buyers’ market right now in Puerto Vallarta and Banderas Bay; and 2018 looks like it will continue the trend. You will find a host of great quality, high value properties available for purchase.

US Dollar

The US dollar has a big bang for its buck against the peso right now. When purchasing property in Mexico, you will find you can afford something much more luxurious. The exchange rate will certainly be in your favor when spending US or Canadia dollars as well as Euros.

Quality of life

Speaking of dollars, the quality of life in Mexico is very appealing. Domestic staff is affordable, handymen are abundant and services and product are very reasonably priced allowing you to live at a more luxurious level than that you are accustomed to.

Buy to rent

If you are not ready to move for the 365 days a year, you can market your property easily on sites like AirBnB and VRBO or local rental agencies. This brings in a nice income that can help pay expenses like maintenance fees or a mortgage if you have one.

For all budgets

For all budgets there is a property to suit! Build a house; buy a small house or mansion, loft-like condo? low rise high rise, on the beach, off the beach. We have it all in the Bay of Banderas. A good real estate professional will show you all the options.

Happy investing!

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

With some simple steps, finding the best real estate in Puerto Vallarta and Riviera Nayarit is easy. Here are some strategies you might want to employ to help you in your quest for a vacation home that is tailored to your needs.

Choose the right time to buy

The end of high season is a great time for finding the best real estate in Puerto Vallarta and Riviera Nayarit as this is the time when most of the expats and snowbirds have gone home for the summer. You will find that real estate agents have more time for you and are more likely to focus on finding you exactly what you want. Furthermore, properties are more likely to be vacant during this time, so you will find scheduling multiple visits to see real estate in one day much easier. You will also get to see the property in the rainy season, which will highlight any leaks or mold problems, as well as issues you might find with regards to airflow.

Get a good real estate agent

It is the job of a good real estate agent to manage expectations and make sure people know exactly what to expect when looking for investment properties in paradise. You also need an agent who can be honest with you about costs and your chances of finding what you want within your budget. Alongside a good real estate agent, you will also want to have a reliable real estate attorney and notary, both of whom a reputable real estate agent can recommend.

Buy Property You Can Afford

Make sure you have the capital to invest in real estate in Puerto Vallarta and Riviera Nayarit. Most properties in Mexico are paid in full rather than using a mortgage, although Mexico’s mortgage lending business is growing steadily. In addition, mortgage interest rates in Mexico are very high. Some high-end properties, like Villa La Estancia Real Estate, offer developer financing, which is a great option. Nevertheless, the best rule of thumb is to buy real estate in Puerto Vallarta and Riviera Nayarit that you can afford.

Consider YOUR expectations

How many times have you been told: “Don’t buy near the beach because properties are more expensive” or “Find real estate out of town, so it’s cheaper!” While you will find real estate in Puerto Vallarta and Riviera Nayarit to be much cheaper in less desirable locations, you might want to reconsider why you want to move to Banderas Bay. If your goal is to live cheaply, then by all means, choose a cheaper neighborhood; however, if your goal is to experience the wonders of this breathtaking location, then choose real estate that matches your expectations. You might also discover that properties by the sea are not out of your reach.

Be realistic

Take into consideration how often you will realistically be able to use your property; how many times a year will you visit. If you are planning to live in your home full time or for long periods, you will need a different kind of property than if you were buying real estate in Puerto Vallarta and Riviera Nayarit as an investment to rent.

For help and guidance navigating the world of real estate in Puerto Vallarta and Riviera Nayarit, call us today on 1 866 843 7005 and we will help you discover the most beautiful beachfront properties on Banderas Bay.

 

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