Bay of Banderas Real Estate in 2021

Are you in the market for a beachfront vacation home in Mexico? If so, Banderas Bay real estate is a top choice for expats who want a second home in paradise. Located on the Pacific Coast, Banderas Bay is one of the most biodiverse regions in Mexico. Tourist destinations Puerto Vallarta and Riviera Nayarit are located in the expansive coastal region. Villa La Estancia is a unique hotel-condo concept property located in the exclusive Nuevo Vallarta neighborhood in Riviera Nayarit. Our beachfront residences are solidly constructed, elegantly furnished, and situated on one of the best beaches in the area. Despite the unprecedented coronavirus pandemic, the area’s property values are on the rise. Your Mexican dream home could be closer than you thought. Read more below about Villa La Estancia and Banderas Bay real estate in 2021.

Banderas Bay Real Estate in 2021

Banderas Bay real estate in 2021 is still a hot commodity. While sales have slowed due to the coronavirus pandemic, investors are beginning to purchase beachfront properties again. Banderas Bay is a great spot for expats who want a second home in Mexico. The popular destination of Puerto Vallarta is located in the area as well. In Riviera Nayarit where Villa la Estancia is located, there are tons of quaint coastal towns that are desirable to visit. Bucerias, La Cruz, Punta Mita, San Pancho and Sayulita have a lot to offer for residents and tourists. There are amazing restaurants, beautiful beaches, excellent shopping, art galleries and outdoor activities galore. Plus, the entire region enjoys a pleasant climate all year long. For these reasons, many people want to buy a second home or vacation home in Banderas Bay.

Villa La Estancia Real Estate

Luxurious oceanfront dream home in Villa La Estancia

Villa La Estancia is a modern hotel-condo concept that expats love. Full or fractional ownership options are available making it an ideal real estate investment for snowbirds who love to escape cold winters to head down south. Plus, the property has resort quality amenities and services so that every day at your vacation home in Mexico is a dream. Our beachfront residences are spacious, and high quality furnishings and finishes make your vacation home in Banderas Bay the perfect place to come home to. The challenging year has shown many people how the small things in life are what matters most. Spending quality time with your loved ones in a cozy and luxurious dream home at Villa La Estancia could be just what you need in your life. Villa La Estancia has all the modern conveniences set in a tranquil and peaceful neighborhood that is ideal for stress free living.

Riviera Nayarit Activities

Riviera Nayarit is known for being an outdoor lover’s paradise. There are tons of outdoor Riviera Nayarit activities for residents to partake in. To start with, visitors and residents can enjoy surfing, scuba diving, paddle boarding, snorkeling, mountain biking, hiking, running, and so much more. Plus, golfers will be thrilled as there are more than 7 world class golf courses in the area that boast amazing views on every tee. golf lovers will be thrilled at the easy access to many golf courses. During winter months, the majestic humpback whales migrate down south through the area to mate and birth their young. Whale watching in the Banderas Bay is one of the most popular Riviera Nayarit activities from December through March. Plus, just north of Villa La Estancia is Bucerias, a charming coastal town with great restaurants and shopping. Windsurfers and kitesurfers congregate in the area each spring to take advantage of the consistent wind. Lastly, you can even take a horseback ride right on the beach for a small fee.

Perks of Homeownership at Villa La Estancia

Many expats decide to invest in Banderas Bay real estate at Villa La Estancia because of the resort amenities that come with homeownership. To start with, Villa La Estancia has multiple pools, a fitness center, and a world class spa on site where residents can pamper themselves. The European style Tatewari Spa is a place to relax and destress. Spa treatments include massages, pedicures, beauty treatments, facials and more. Other top amenities include two onsite restaurants so you don’t even have to leave the property to enjoy a nice meal. To start with, La Casona is a sophisticated steakhouse that serves the best cuts of meat. For casual fare, the Parrilla Restaurant menu includes tasty burgers, sandwiches, wraps, and Mexican seafood ceviches. You can even have a meal delivered right to your residence or even poolside. Room service is always just a quick call away if you want to lounge at home in your PJ’s all day, too.

Easy Access to Puerto Vallarta

Another perk to living in Riviera Nayarit is the easy access to Puerto Vallarta. Our private beachfront residences make the ideal home base to explore all the region has to offer. Villa La Estancia homeowners can live in the tranquil community of Nuevo Vallarta, and can still get into the heart of the action in downtown Puerto Vallarta in just 30 minutes. Puerto Vallarta has an amazing culinary scene, art galleries, excellent restaurants and tons of shopping centers. Whether you want designer clothes or homemade handicrafts, you can find it all in Puerto Vallarta. Bay of Banderas real estate continues to be in high demand due to the combination of modern day conveniences and old world charm. Plus, Villa La Estancia is a perfect choice for homeowners who adore the natural beauty of Banderas Bay.

Villa La Estancia is a luxurious hacienda style property perfect for those who want to invest in quality Bay of Banderas Real estate. The recipient of the Four Diamonds award for excellence, a vacation home at Villa La Estancia means you have arrived. Inventory is limited so contact us today to schedule a property tour. We even offer qualified applicants a chance to test out home ownership in paradise with their Try and Buy Program. Contact us at Villa La Estancia for more information.

 

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Coastal Real Estate in Mexico: Perks and Benefits

Amazing view from villa la estancia riviera nayarit

Riviera Nayarit Real Estate – Time to Buy?

Do you love Mexico and dream of owning a second home in a tropical paradise? For many expats, Riviera Nayarit real estate is their first choice when it comes to buying in Mexico. Specifically, Villa La Estancia is a top choice for savvy homebuyers in the know. The beachfront residences are luxurious and are part of a hotel-condo concept property. As a result, homeowners get access to world class amenities and VIP services. That way, every day at your second home in Mexico feels like a vacation. While many people have felt “cooped up” during the coronavirus quarantine, many expats are dreaming about buying property in Mexico. Are you wondering if this is a good time to buy? If so, read more about why now is the time to invest in Riviera Nayarit real estate.

Riviera Nayarit Real Estate – Time to Buy?

Buying property in Mexico is different from buying real estate in the United States or Canada. For example, the vast majority of properties for sale in Mexico here do not carry mortgages. Some select properties such as Villa La Estancia offer in-house financing for qualified buyers. Financing in Mexico is a huge bonus if you cannot fork over cash to buy your vacation home. On the positive side, homeowner fees, utilities and property taxes cost significantly less in Mexico than in the US and Canada. Having a second home in Mexico means you can enjoy cherished moments with your loved ones in a pleasant climate with a reasonable cost of living, too. Plus, there are many excellent hospitals and affordable health insurance is available for expats.

Vacation Rental Income

In addition, since Riviera Nayarit is a top tourist destination, many homeowners are able to rent their properties as vacation rentals when they are not in use. The added rental income helps make your dream of purchasing a second home in Mexico even more accessible. At Villa La Estancia in Riviera Nayarit, the own site staff members are available 24 hours a day. They can even assist homeowners in renting out their beachfront residence if they so desire. Plus, the professional house cleaning staff, concierge and landscaping crew ensure that the property is always in tip top condition. Who wants to spend all their down time tending to repairs or upkeep? Instead, as a Villa La Estancia homeowner, you can relax and let everything be taken care of for you.

Dream Second Home in Mexico

2020 has been quite a year for everyone. While real estate purchases have slowed somewhat during the last 3 months due to the COVID-19 crisis, investors are still searching for and buying property in Mexico. Riviera Nayarit is ideally located just 30 minutes north of tourist hot spot Puerto Vallarta, Jalisco. A quick drive into Puerto Vallarta gives Riviera Nayarit real estate homeowners access to amazing restaurants, upscale shopping, outdoor activities, eclectic art galleries and so much more. Plus, there are several cute communities within the state of Riviera Nayarit that offer residents a scaled down version of the PV scene. Nuevo Vallarta, Bucerias, La Cruz, Sayulita and Punta Mita are all incredible beachfront communities that both residents and visitors love to explore.

Mexican Real Estate Buyers: What to Know

Many people may think that real estate steals may be available right now due the COVID-19 pandemic. However, properties in Riviera Nayarit and nearby Puerto Vallarta are still selling fast. Potential homebuyers that are hoping to submit lowball offers on properties for sale will be disappointed. On the contrary, the value that people are placing on owning a second home in Mexico has only increased over the last few months. While the thought of purchasing a property in another country can be a daunting task, if you choose a reputable property you can make a stress-free investment. The Mexican real estate market will not stop, especially in the stunning Banderas Bay region which includes Nuevo Vallarta and Puerto Vallarta. With a multitude of natural beauty and an excellent year round climate, prospective homeowners will continue to buy in the area. While the pandemic has caused worldwide disruption, the Banderas Bay real estate market is expected to continue to thrive.

Are you looking to purchase a second home in Mexico? If so, your dream home could be at Villa La Estancia in the upscale Nuevo Vallarta neighborhood. A tranquil and peaceful community, the hotel-condo concept property is located on one of Banderas Bay’s most beautiful beaches. Likewise, outdoor sports enthusiasts and nature lovers will never tire of the endless activities to enjoy in the region. Plus, Mexico’s culture, cuisine and rich heritage are very attractive to expats who want to live life to the fullest. Buyers and sellers should keep in mind that the Banderas Bay real estate market is strong, stable and is not going away. If you are ready to buy your dream home, contact Villa La Estancia today to schedule a property tour. Ask about their Try and Buy program which allows prospective owners to test out the expat lifestyle before they fully invest.

The Allure of Beautiful Views

It goes without saying that everyone can appreciate and enjoy a beautiful view. Have you ever wondered what is it about these alluring views that catches our eye and takes our breath away? At Villa La Estancia, we recognize the importance of surrounding yourself with beautiful views. As a result, our exquisite beachfront residences will simply take your breath away. Read below to learn more about why beautiful views make us feel so great. Plus, majestic vistas are a key selling feature when it comes to luxury real estate.

Lush and New Vistas

Did you know that many historians believe that mankind is actually programmed to enjoy two different types of scenery? This includes lush views and novel, or new, views. Examples of lush views include natural sights such as a tropical garden or jungle, crystal clear ocean and beach view or a peaceful snow covered mountain top. Novel views are vistas which are new and interesting sights that we have not experienced before. An example of a novel view would be an exciting new city that we are seeing for the first time. Humans actually experience a slight positive mental sensation anytime we see either of these types of scenery. If you are lucky enough to be surrounded by scenery that is both lush and new at the same time, you will be able to experience both positive sensations simultaneously.

Journey To Find A Good View 

Regardless of where we find ourselves, humans inadvertently do our best to find ways to feed our minds with beautiful images. For example, we grow indoor plants in our homes to bring some of nature’s greenery inside. Plus, the best homes have large windows and balconies that offer views to the beauty outside. Great views also mean a higher price tag and value when it comes to properties. As a result, real estate that is situated close to parks, rivers, and the ocean come at a premium. We even use our cell and computer wallpaper screens of distant lands we hope to visit one day or of beautiful places we have visited and enjoy remembering. Did you know that some people believe that humans are hardwired to enjoy novel scenery? The idea is that this desire for beauty encourages us people to adventure out and explore. That motivation to see what’s around the next corner could have helped the human species evolve to find adequate places to live. Lastly, the euphoric feeling of experiencing novel scenery could be the reason why individuals take chances to seek out new, unexplored terrain.

Beautiful Views at Villa La Estancia Real Estate

At Villa La Estancia, there is no shortage of beautiful views for homeowners to enjoy. With luxury properties in Riviera Nayarit and Cabo San Lucas, both resorts offer spectacular ocean views from beachfront beachfront residences. Plus, the common areas offer lush, tropical landscaping and sparkling pools that you can’t take your eyes off. Villa La Estancia private beachfront residences have amazing ocean views that leaves people breathless. Plus, at Villa La Estancia, we realize the value of outdoor space. As a result, each of our private residences have an expansive terrace or balcony. The outside space is ideal to enjoy amazing vistas, all in the privacy of your own home. Plus, Villa La Estancia has direct access to pristine and gorgeous beaches. The soft, white sand is ideal for an evening stroll with your loved one. There is beauty to be enjoyed in every nook and cranny at Villa La Estancia.  If you are dreaming of a home with a beautiful view that can’t be beat, Villa La Estancia is the answer. Whether you choose a property in Cabo San Lucas or Riviera Nayarit, our private beachfront residences deliver the best views around. Visit our Villa La Estancia real estate website today at www.villalaestanciarealestate.com to see what you’ve been missing. We even offer fractional ownership and in-house financing for qualified homebuyers. Are you ready to find your dream home in Mexico? For luxury coastal real estate in Mexico, Villa La Estancia has no equal.

Invest in Mexican Real Estate for Vacation Rentals

You might think that you have missed the boat when it comes to cashing in on Mexican real estate in the prime locations in Mexico such as Puerto Vallarta, Cancun, and Los Cabos, but there are still plenty of opportunities. Today is easier than ever for foreigners to invest in real estate for vacation rentals, particularly now that there are more websites such as Airbnb and Craigslist where you can advertise your properties for rent.

Investing in Property for Vacation Rentals in Mexico

Foreigners can buy real estate anywhere in Mexico, although there are different regulations for purchasing property within the restricted zones which include areas that are within 50km of the coast and 100km of a national border. Once you have purchased your property, you can begin the task of putting it to work for you by renting it out for either long term or short term rentals. Vacation rentals are rapidly becoming a popular choice for tourists visiting Mexico, with demand for rentals rising steadily. Just last year saw a 9% growth in the industry for popular destinations in Mexico. Occupancy rates are also rising for the top destinations.

Income from Vacation Rentals

One of the major attractions of buying Mexican real estate for vacation rentals is the potential income you can enjoy. You can advertise vacation rentals in Mexico in US dollars, which means that you can enjoy premium rates and establish a stable income, particularly if you are renting your property during the high season, which is generally in the winter months. While you charge in dollars, you expenses, maintenance, and running costs can be paid in pesos, so you can expect to make a good return, even before you consider any appreciation your property might enjoy over the years.

Paying tax on income from vacation rentals

In the past, revenue from vacation rentals in Mexico went somewhat under the radar, but new tax laws for owners and property investors have made paying taxes on any income from vacation rentals enforceable. Be sure to consult a tax attorney to ensure you don’t fall on the wrong side of the law.

A property that is yours to use

Not only can you use your real estate investment for vacation rentals, you will also have somewhere to arrive to in Mexico that you can call your own. The beauty is being able to rent your property when you do not wish to use it.

If you have any questions about Mexican real estate, please contact us today:
Cabo San Lucas – 1 877 499 1901
Riviera Nayarit, Mexico – 1 866 843 7005

Realty, Real Estate, Real Property

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.

Vallarta Real Estate Fair 2016

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).

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.

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.

Villa la Estancia Residences - Luxury Beach Real Estate

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.

Can Foreigners Buy Real Estate in Mexico?

Foreigners can easily buy real estate in Mexico, and many people from the United States, Canada and Europe have done so without any problems. There are certain restrictions that apply, which can be simply resolved but which should be taken into consideration so there are no surprises.

Restricted Zone for Foreigners Buying Real Estate in Mexico

The ‘restricted zone’ in Mexico for foreigners buying real estate is designated up to 62 miles from the borders and up to 31 miles from the coast. What this means is that foreigners are not allowed to hold the direct titles to land and property in these areas. So how do foreigners buy real estate in Mexico’s beach destinations? Well, that is where Mexico’s “fideicomiso” comes in to save the day. Essential the fideicomiso is a bank trust that holds the title of the land on your behalf in order to comply with constitutional restrictions.

Background to Fideicomiso

Since 1917, in response to the Mexican Revolution when the Mexican Constitution stated that all foreigners were prohibited from holding any ‘fee simple’ titles on property located in the restricted zones, it has not been possible for foreigners to buy property without a fideicomiso. In an attempt to avoid scams in the 1970s where foreigners would have to “borrow the names” of Mexican nationals to open their businesses, Mexico’s Foreign Investment Laws began allowing corporations to own the titles on properties in the restricted zones, but titles for residential properties were still restricted.

Nowadays, Mexican banks support a law that now lets foreigners own and enjoy any property in the restricted zones legally. Foreigners can purchase the property without just being an investor under a fideicomiso trust.

How does fideicomiso work?

The Mexican fideicomiso will permit non-citizens of Mexico to purchase real estate in the restricted zone if they allow the bank to be the trust holder of the property. The Mexican banks would be the Fiduciary of the property or the trustee. The trustee will take the title of the property and hold it to meet all laws governed by the constitution in Mexico. The trustee is not allowed to sell the property, because you are still the owner. You are the beneficiary of the property, and you hold all rights to the property. The bank and trustee just holds the title of the property, so everything is legal.

There is a fee that you will pay to the Fiduciary Bank for the trustee contract, which is usually somewhere in the region of $500 USD per year and you may also be responsible for any maintenance fees and land taxes. As the beneficiary of the property, you own all rights to the property in the restricted zones, and you can sell the property anytime, remodel, and even rent out the property. The Fiduciary Bank has to follow Mexico’s laws, and they cannot sell the property unless they have written consent by you, the beneficiary and owner.

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