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Realty, Real Estate, Real Property
Full Ownership, Real Estate, Residences, Riviera Nayarit

Realty, Real Estate, Real Property

We all know what “realty,” “real estate” and “real property” refer to in our day to day lives, but what do these terms really mean?

In legal terms, realty, real estate and real property are the terms used to talk about land and property that has been improved legally in some way. These improvements can include canals, roads, buildings, dams, and wells etc in addition to houses and buildings. Property can thus be divided into real and personal property, both of which are protected by civil laws in all countries throughout the world.

The Real Thing!

The word “real” comes from the Latin word for “thing”, which has come to refer to real estate property. “Real” property is therefore protected by “real” action. The current laws have now distinguished between real and personal property. Real property is the land itself and anything that is attached to the land. Personal property is all personal belongings, which include furniture, clothing, finances, and everything “personal.” Immovable or real property comes with a deed or title of the land, while movable or personal property doesn’t require a title.

Estates, Realty and Ownership Interests

There are different laws for real property, estates, and interests. There are different types of estates and these types of estates are determined by factors such as the sale of the property, a will, a lease, and more. There are rights that come with an estate, and in order to transfer those rights either through a sale, lease or will etc, the estate and property rights have to be determined first.

Here are some more real estate terms that may be of use:

Fee Simple: A fee simple estate can be transferred freely. The fee simple estate is the most common estate, and the tenant can enjoy the use of the property as well as ownership.

Conditional Fee Simple: A conditional fee simple is an estate that can last forever if the deed owner grants these stipulations. If the conditional fee simple is followed, then the property will remain with the grantor, with the possibility of being passed on to another party.

Fee Tail: The fee tail is an estate that is given to an heir if the tenant has passed away.

Life Estate: A life estate is an estate that is also known as a ‘life tenant’, because the estate will continue for the entire life of the grantee. The life estate can be sold, but the duration will continue on as long as the grantee is still living.

Leasehold: The leasehold is a limited term estate. In the contract the lessee and the lessor are invested in the property. The lessee agrees to pay rent to the lessor that has been agreed in the contract.

by VLEAdminRE,
Vallarta Real Estate Fair 2016
Real Estate, Residences, Riviera Nayarit

Vallarta Real Estate Fair 2016

The Vallarta Real Estate Fair 2016 will be held at the Riviera Molino Plaza, which is located in the Zona Romantica in Puerto Vallarta on Banderas Bay, Mexico. This is the fourth edition of this event and will be held on Saturday February 20, from 9:00 in the morning until 2:00 in the afternoon. Anyone interested in Mexico real estate, and Puerto Vallarta real estate in particular, are encouraged to attend so that you can meet professionals and other like minded people to learn all the information needed to purchase any type of property in Mexico.

Home buyers, investors and property owners welcome

The Vallarta Real Estate Fair 2016 is recommended for home buyers, investors, and property sellers. Anyone with an interest in real estate will benefit from attending the fair. Even those who may be looking for a change of career. It is a great place to mingle and meet people in the know when it comes to real estate in Puerto Vallarta.

Topics for Discussion at Vallarta Real Estate Fair 2016

The Vallarta Real Estate Fair 2016 promises to bring experts from Mexico, the United States, and Canada to offer valuable information and tips on the process of purchasing property in Mexico and taxation. There will also be all types of exhibitors who are there to answer questions and give advice on Mexico property ownership, notary services, insurance on properties, banking in Mexico, rental potential, architecture and interiors, and there will also be exhibitors who offer advice on health and wellness.

The Panel of Real Estate Experts

The most important advantage of attending the Vallarta Real Estate Fair 2016 is the Panel of Professionals who will offer valuable information for investors and property owners. Speakers include, Cameron MacIntosh, a Canadian accountant, Cindy DuChateau, an accountant from the United States, Carl Timothy from Timothy Real Estate Group, Jessica Riedesser, a real estate attorney, and one of the top Mexican tax specialists who will talk about rental revenues, capital gains, and how the two are handled between Mexico and your home country.

The Vallarta Real Estate Fair 2016 will have more than twenty exhibitors providing valuable information for anyone with an interest in real estate in Puerto Vallarta and Mexico.

When: February 20th starting at 9:00 am to 2:00 pm.
Where: Rivera Molino Plaza, in the Romantic Zone (Old Town Vallarta).

by VLEAdminRE,
Mexico Property Advice
Destinations, Real Estate, Residences, Riviera Nayarit

Mexico Property Advice

If you are thinking about purchasing property in Mexico but you are a bit wary, you are not alone. While there really is nothing to fear when it comes to purchasing real estate in Mexico it can be a bit daunting, and you are right to be here seeking some Mexico property advice before making your investment. This article is aimed at people like you who want to find out more about Mexico property purchasing.

Mexico Property Advice

Get help from someone you trust

It is recommended (but not essential) that you hire an attorney who is familiar with property laws in Mexico and who can speak both Spanish and English. Working with a reputable professional real estate agent whom you trust is another alternative. You will however, need the services of an accredited notary public.

Select the property you want, then verbally agree on a price

The first step is to find the appropriate property for your requirements and desires then agree a price verbally.

Get a sales agreement (Convenio de Compra/Venta)

The next step is to get a “Convenio de Compra/Venta” also known as a sales agreement, which is where your attorney or notary will come in handy. This agreement should cover all the property costs, any exclusions or inclusions and a deposit (generally 5-10%, and if you cancel your purchase, then the deposit is non-refundable).

Property Trust

Non Mexicans need to set up a property trust known as a fideicomiso if the property that you are wanting to purchase is within the 50km border zone, which includes the coastlines. If the property is not within the border zone, then usually no trust will need to be set up. This can be done at most reputable banks and is recommended over having some private third party “lend” their name.

Permission to purchase land

The Foreign Secretary Office must grant permission for you to purchase land in Mexico, and this permission is called the “Calvo Clause”, which states you are not seeking any foreign jurisdiction for the property you are wishing to purchase.

Consulte a Notary Public

If the property that you are purchasing is being sold by a real estate developer, then seek advice from a Notary Public, so the Notary Public can check for all permits. If you are buying directly from the seller, you will need the help of notary to ensure that all tax bills, utilities bills and any service fees on the land have been paid.

Ask to see a copy of the deed

Ask the seller of the property for a copy of the property deed. The Notary Public will make sure the deeds are legal and you should ask the Notary Public to make sure the land is not ejido land, which means that its sale is restricted.

Immigration Status

Make sure that your immigration status is legal when you purchase. That means you will need to have a valid 6 month tourist permit or official visa, so the Mexican government knows you are legally allowed to be in the country.

Prepare Documents

Make sure you have copies of any marriage or birth certificates, your passport, migratory documents, etc and be prepared to have them translated by an official translator (known in Mexico as a “perito”) and apostilled.

Capital Gains Tax

The seller is responsible to pay all Capital Gains Tax unless you, the buyer, have agreed to pay or divide these taxes.

Final Payment

The final payment will be made at the notary public’s office at the signing. You may wish to have your attorney with you when paying with cash or financing from a bank.

If you would like anymore Mexico property advice, click here.

by VLEAdminRE,
Real Estate, Residences, Riviera Nayarit

Looking for high-end real estate in Bucerias, Mexico?

Are you looking for a luxurious stay in Mexico? Maybe you’re in need of a seasonal getaway, trading winter blues for tanned hues. Or maybe you’re looking to move to a more tropical location permanently? Either way, Mexico is your best bet, and Bucerias is quite possibly the best location for your high-end real estate needs. Why? Well let’s take a look at this checklist with the key points:

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Affordability – Check

High-end real estate in Bucerias, Mexico can be an extremely affordable option, while still being a very chic one. The high-end real estate deals you’ll find here – especially considering the beachfront locations and scenic views right from your bedroom window – are usually even better than what you’d find back home, whether that be in the United States, Canada, or even Europe. Such incredible value for money makes high-end real estate in Bucerias, Mexico an extremely popular choice for expats and travelers everywhere, and of all ages. There are even different real estate options to choose from, ranging from full to fractional, to help work around even the tightest of budgets.

Relaxed atmosphere – Yup, Bucerias has it!

Bucerias, Mexico is a very laid back little fishing town, with golden sands and friendly locals. Even the water is laid-back, with calmer waves and shallower waters. This chill vibe also doesn’t take away from the fact that Bucerias and the surrounding areas such as Puerto Vallarta, Nuevo Vallarta and Punta Mita have lots of adventure to offer as well. You can find plenty to do, from diving to horseback riding, and the dining is superb.

Safety – Yes indeed!

Bucerias is one of the safest areas in all Mexico, with very fine high-end real estate options in gated communities, condos and resorts. You can feel secure moving your family here, or having friends come to visit.

Fun – You can bet your bottom dollar!

As aforementioned, despite Bucerias, Mexico being a very relaxed region, you can always find something fun and exciting to do! If sports are more your thing, try golfing or fishing. If you want to make a splash and have some wet and wild adventures, try diving or whale watching. And at the end of the day you can always kick back and relax at a restaurant, bar, or spa. If you want to head up the road for about 30 minutes or so, you can also find some very lively nightlife in Puerto Vallarta or Punta Mita.

by VLEAdminRE,
Full Ownership, Real Estate, Riviera Nayarit

Looking for Property in Mexico?

Buying property in Mexico is a great investment compared to the real estate available in the United States and in Europe, and includes houses, condos, apartments, luxury mansions and resort living like that offered here at Villa La Estancia Residences. The prices of property in Mexico saw a downturn after the recession of 2009 but are on the increase, so be sure to act soon to get the best prices.

Pros and Cons of Buying Property in Mexico

As in any country, you may hear ‘horror stories’ related to buying property, but generally speaking, purchasing property in Mexico is very easy and goes smoothly. The land in Mexico is low in price, and low local labor costs mean that maintenance is much cheaper than back home, so too are the taxes and your utility expenses. Likewise the actual cost of real estate is generally very affordable in Mexico.

The reasons for purchasing property in Mexico will be different for each and every person reflecting your personal circumstances. Maybe, you have been residing in Mexico for several years, renting property after property, which is always a waste of money in the long term, or maybe you are looking for an investment that will bring in extra income. For example, the most common reason for purchasing property in Mexico at Villa La Estancia Residences is to have a second home where you can stay for vacations both long and short-term.

Choosing the Best Investment

Property in Mexico increases in value just like in other countries, however it is worth noting that property prices and their rate of increase will depend very much on the popularity of the location you are choosing for your purchase. For example; is it in a popular city like Puerto Vallarta or on the beach? Is there a large development like a shopping mall, airport or highway planned for your area? There are three key factors which can help you choose property in Mexico that is likely to rise in value which include: the location of the property, the attractions near the property, and if the property is located by the airport or busy highways.

When you purchasing property in Mexico, one of the key factors is to think about the current level of development of the area and its potential. You might buy a property at a low price while there is very little to do in the way of attractions, restaurants and access to other major cities or an airport, and then see a great rise in your property value as development begins to happen in that area, like a new highway or shopping mall. However, beware that this may take some years or never happen in particularly rural areas. Mexico is nearly 2 million square kilometers and many of the country is not accessed easily. The highways and roads are improving, and roads are being added to the remote areas, so be patient as this does take time.

Research

Before you purchase property in Mexico you should first do research on the property and the area that it is located in, then make sure you choose the location very carefully. You should always hire a professional to conduct the purchase of the property, so that the legal transaction follows the laws in Mexico.

There have been thousands and thousands of foreigners that have purchased property successfully in Mexico. You can be another foreigner that purchases property in Mexico too.

Why not come and visit us at Villa La Estancia Residences on a Try and Buy visit to start the ball rolling. Click here for more information about our TRY AND BUY scheme. Before you know it you will be a property owner in Mexico.

by VLEAdminRE,
mexico real estate in bucerias
Real Estate, Residences, Riviera Nayarit

Best Mexico Real Estate in Bucerias, Riviera Nayarit

It’s pretty safe to say that if you are reading this, you are looking into the prospect of moving to Mexico and seeking some Mexico real estate advice. Whether you are just looking for a seasonal retreat or a permanent residency, Mexico real estate in Bucerias, Riviera Nayarit, could be just what you are looking for.

What you need to know about Mexico Real Estate

The decision to move to Mexico can be a rather big one, but no worries! There are many resources out there to help you, and many pleasure seekers from the US and Canada have already made the move successfully before you. Choosing the right location in Mexico that will suit your lifestyle and taste is one of the most important factors to consider and one of the first things to look at in the real estate decision process.

Moving to Mexico

Many people from Europe, Canada, and the United States choose to live and even work in Mexico every year. Mexico can be a very appealing location for vacations, permanent residency, and retirement. It is also tends to be a much more affordable and laid-back option than real estate back home. Many people find a higher quality of life in Mexico, with a lower cost of living; and even the travel expenses are often less than expected, with very reasonably priced budget airfares available these days.

mexico real estate in bucerias

Benefits of Real Estate in Bucerias, Riviera Nayarit

Bucerias, Riviera Nayarit is a beautiful beachfront location on the Pacific Coast of Mexico on Banderas Bay, close by to Punta Mita and Puerto Vallarta. It is a quaint little fishing village that has been a popular locale for many expats, what with being packed to the brim with wonderful places to dine, drink, and play. Bucerias also has one of the best beaches around- one great big stretch of warm golden sands with a beautiful ocean for swimming and taking sunset strolls. Paradise is also easily accessible, as the Puerto Vallarta International Airport is a mere 30 minutes away.

Types of Real Estate Options in Bucerias

There are many different real estate options in the beautiful Bucerias, Mexico. Here you will find everything from fractional-ownership condominiums to full ownership homes, to one-bedroom studios, to beachfront villas. Your budget will be the biggest deciding factor on which type of real estate you should look at in Bucerias, shortly followed by how much time you will be spending there. Just ask yourself what type of accommodations you need. You might also want to consider purchasing (in full or fractionally) real estate within a hotel or resort, thereby getting luxurious resort benefits like spas and five star services.

by VLEAdminRE,
Real Estate, Riviera Nayarit

Puerto Vallarta 2nd Best Place to Retire According to CNN

According to a recent article on the CNN website , Puerto Vallarta comes second place after Portugal’s Algarve for the best place to retire in the world. Among the retirement destinations mentioned on the list of amazing locations to retire were Cayo in Belize, Languedoc in France, Abruzzo in Italy, Medellín in Colombia and Hua Hin in Thailand.

Puerto Vallarta one of the Best Places to Retire

The CNN’s article regarding the world’s best places to retire confirms what we have known for a long time at Villa La Estancia Residences. Puerto Vallarta and Riviera Nayarit have so much to offer retirees and makes for an amazing place to relocate or enjoy a second home.

Amongst Puerto Vallarta’s features that were mentioned in the CNN article were its beaches, fishing, shopping, restaurants as well as the picturesque downtown area with its cobblestone streets. The article also mentions the convenience of direct flights to Puerto Vallarta’s international airport from the United States and its tropical climate, comparing it to Hawaii.

We think you will agree, it’s great to see Puerto Vallarta and Riviera Nayarit getting the recognition that it deserves as a number one place to retire. If you don’t believes us, come and check it out for yourself with our Try and Buy offer.

by VLEAdminRE,
Villa la Estancia Residences - Luxury Beach Real Estate
Destinations, Real Estate, Residences

Villa La Estancia Residences for Luxury Beach Real Estate

For luxury beach real estate in Mexico, look no more! Villa La Estancia Residences is sure to fulfil your dreams of a second home in paradise or a permanent relocation in search of the good life. Life on the beach in Mexico doesn’t get more luxurious nor more affordable than at Villa La Estancia in Nuevo Vallarta on the Riviera Nayarit, with options for full and fractional real estate at a 4 Diamond hotel complex on the beach.

Don’t believe us? Take a look at the reasons below why choosing luxury beach real estate in Mexico is one decision you will not regret.

Location! Location! Location!

Nuevo Vallarta, and Riviera Nayarit in general, is among Mexico’s top beach resort destinations, being a particularly convenient choice for home seekers living in Canada and the United States because of the short and affordable flights. Only a very quick drive from Puerto Vallarta’s international airport, getting to and from your vacation home is easy for you and an attractive incentive for visitors and renters alike to come and visit.

Sunny days are before you

If there is one thing that you can say about Villa La Estancia luxury beach real estate, is that the sun will shine on you more than 300 days a year. Banderas Bay, which includes the tourist destinations of Nuevo Vallarta (Riviera Nayarit), Puerto Vallarta and Punta Mita claims hot sunny weather for more than 80% of the year. Say goodbye to your socks and sweaters, say hello to flip-flops and sun hats.

Villa la Estancia Residences - Luxury Beach Real Estate

Choosing from the Best

Villa La Estancia luxury beach real estate provides you with so much choice in terms of exclusive properties located within a 4 Diamond 5 Star hotel complex. You can choose from two and three bedroom residences and luxury penthouses as well as opt for fractional purchases with a choice of 1/4 (12 weeks) or 1/8 (6 weeks) fractions. You could also begin by investing in a fraction and later use the equity towards full ownership with developer financing also available for a limited time only.

Luxury Living in an Exclusive Community

When you purchase Villa la Estancia luxury beach real estate, your property will be located within the grounds of a 5 star hotel that offers all the luxury facilities you would expect of a world class resort. You will have use of the swimming pools, loungers, access to the beach, spa, gym and restaurants etc. You will live the life of a guest at one of Nuevo Vallarta’s top hotels yet be treated to all the benefits of an owner.

The Friendliest place to live in Mexico

Making Riviera Nayarit your home, whether for only a few months each year or as a permanent residence, you will notice that this is one of the most friendly places you will find. Not only is it part of Mexico’s hospitable nature that you will be met with the friendliest locals, but you will also find a host of expats ready to invite you to a golf tournament, fishing excursion, salsa class or book club. Making a new life in Mexico, doesn’t mean you have to leave you favorite hobbies behind.

If luxury beach real estate sounds like the kind of properties you are looking for, why not explore this website further to find out how Villa La Estancia can make your dreams come true or contact us directly.

by VLEAdminRE,
Destinations, Real Estate

Finding a Dream Home in Mexico

A lot of people ponder the possibility of making their dream home in Mexico but think that it is too difficult or are put off by the seeming language barrier. Thankfully, the reality of finding your dream home in Mexico is somewhat easier than you might think.

There are a variety of dream homes available to match a diversity of budgets, styles, and luxury pursuits in Mexico. If you are looking for your dream home in Mexico, all you need to do is some research, locate the right broker, and follow your gut. The following steps will help start you on your way to finding your dream home in Mexico.

Makes Sure the Location Matches your Lifestyle

Before you buy anything, you need to determine what type of dream home and environment best suits you. This means you must decide how big your home needs to be and what type of weather you are willing to tolerate all year. One big plus about Mexico is the moderate temperatures. So, the climate will feel either like spring or summer in specific locations, and you don’t have to worry about winter weather if you choose intelligently. Also, keep in mind the type of activities you like to do in your community. Do you like to fish? Go golfing? Dining out? Go Salsa Dancing? Shop at farmers’ markets, etc.? These are some of the things you should consider while deciding where you want to reside.

For example, Nuevo Vallarta in Riviera Nayarit, Puerto Vallarta and Cabo San Lucas are ideal spots for those who like the finer things in life: art galleries, farmer’s markets, vibrant expat neighborhood, diving, whale watching, fine gourmet restaurants, and luxurious golf courses.

Find a Good Real Estate Agent you Like

Locate an established real estate agent with great references, and find out if the agent is a member of the Asociación de Profesionales Inmobiliarios, A.C (AMPI). An AMPI real estate agent in Mexico will be highly familiar with the pros and cons of getting a home in Mexico and should be able to provide information on new real estate projects and houses that are for sale. Your agent will help you successfully close the sale and assist you with the particulars involved in buying your dream home in Mexico.

Visit First

Very few people will buy a property without having seen it, unless you are purchasing bricks and mortar for your investment portfolio rather than to live in. A try and buy visit is a good way to simulate the experience of living in the communities you are considering for your Mexican dream home. A few of the property developers will grant permission for you to reside at the residence temporarily so you can get a feel of the property before making a final decision to buy.

Watch the Media

Scan local newspapers and subscribe to real estate newsletters to locate currently available properties.

Trust your Instincts and follow your heart

And last but not least, always trust your instincts when deciding to buy your dream home. Pay attention to your suspicions and ask for clarification when you are uncertain about certain property particulars. Try not to get caught up in hard sell deals because you will recognize your dream home as soon as you step foot into it.

by VLEAdminRE,
Destinations, Real Estate

Reasons to Retire in Mexico

Retiring in a foreign country has long been the fashion in the United States, Canada and Europe since the first wave of baby boomers began to take early retirement; so why is retiring in Mexico such as popular choice for North Americans?

There are so many reasons that make retiring in Mexico such a great choice. Whether you have retired early in your 40s or 50s, are reaching the state retirement age or are a fighting fix octogenarian looking for a location where you can afford to grow old in style, Mexico has so much offer. Let’s take a closer look at why you might retire in Mexico.

Warm Weather

Many people choose to retire in Mexico looking for warmer weather conditions, avoiding harsh winters and enjoying the sunshine throughout the year. For this reason, the popular locations for retirement in Mexico tend to be on the coast, locations such as Puerto Vallarta, Cabo San Lucas and Cancun, for instance; although many retirees opt for temperate climates in land which boast eternal springs rather than eternal summers. Living in locations that boast warm weather and sunshine throughout the year can do wonders for our health, skin and moods thanks to increased levels of vitamin D and serotonin from the sun.

More Affordable

Your pension and savings will go a lot further in Mexico and you can expect a higher standard of luxuries on a lower budget. Real estate is more affordable and many who choose to retire in Mexico can afford to keep their house back home as well as their second home in Mexico to escape the winters. Likewise, more luxurious properties become more accessible and you can spend out on amenities like swimming pools, jacuzzis and maid services, which all enhance your quality of life.

Excellent Private Medical Care

Excellent private medical care is available in Mexico, which has seen a huge rise in the popularity of medical tourism for both essential healthcare as well as cosmetic surgery. You will find that you will be able to afford a better health care plan for less in Mexico, or indeed discover that your health care coverage from home is extended over the border. On another note, home staff and caregivers are much more affordable in Mexico, so you might find that care for elderly members of the family can continue at home, without having to resort to using a residential or care home.

Making the Most of Life

Many retirees feel more at home in Mexico than in the US or Canada due to the spirit and warmth of the Mexican culture and people who so appreciate foreigners and their investment. The hospitality of Mexico is renowned and setting up home in the major tourist areas will offer you the chance to live that warmth firsthand. Retirement is the time of life when you should live your dreams and try those things you have always wanted to do but had too many responsibilities back home. Mexico’s laid back attitude and vibrant culture is the ideal stomping ground for those looking to let their hair down and live life to the full.

by VLEAdminRE,