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Fractional Vacation Ownership, Full Ownership, Real Estate, Residences, Riviera Nayarit

Visit the Maritime Museum in Puerto Vallarta

The fascinating Puerto Vallarta Naval Museum and Naval Historical Center aims to exhibit and preserve Mexico’s rich culture and history. Since its opening in 2006, it has devoted itself to educating visitors on the wide-reaching positive effects of Mexico’s Navy on this country. You can find this great historical venue right next to Los Arcos on Puerto Vallarta’s famous Malecon boardwalk. The colonial-style building also once served as the Port Authority office, the local Navy Headquarters, and the Navy Hospital in the past. Are you a Villa La Estancia homeowner in Riviera Nayarit and want to head down to PV for the day? If so, escape from the sun’s hot rays, and go explore this great historical place and the nautical treats it offers.

Mexico and Its Maritime History

The museum will take you as far back as pre-hispanic times when Mexico’s maritime history began. You can learn more about Puerto Vallarta and its rich past as a port city. The exhibits include the city’s former encounters with the Nao ships which came here all the way from China. The museum also highlights important history on the port’s trade with other ports, documented sea journeys, and an account on how the bay was defended during wartime. There are also five exhibition rooms inside the museum that display amazing artifacts that belong to its permanent collections of maps, photos, paintings, and documents. You will discover a deeper understanding of how the naval history of Mexico has evolved through time. There are displays of a variety of naval uniforms used by sailors throughout the years which seem to come alive as you tour the museum.

Real-life Navigation Exhibitions

Your dream to become one with the seas will become reality as you explore the detailed scale models of old and modern vessels, as well as the forts and topographic layout of Mexico’s prominent ports. Sailing the open seas will be more exciting as you watch the museum’s audio-visual exhibitions and a special five-screen navigation simulator. You get a chance to see what it feels like to maneuver a large ship across different environments and conditions. The navigation instruments and charts on display will also awaken the sailor spirit within you.

One of Mexico’s most important historical events occurred on April 21, 1914, when a group of young men defended the port of Veracruz against the naval school during the second North American Intervention. You will also explore the long-held custom of how sailors kept themselves entertained while at sea. They placed terrifying, mythological creatures within navigation charts to give fellow sailors a good natured scare and to keep everyone alert.

Times to Visit

Villa La Estancia homeowners, residents and visitors may visit this great historical spot throughout the year and at a fraction of the cost. Its entrance fee is only 45 pesos for general admission and 30 pesos for children, students, teachers, and senior citizens. Persons with disability and children below 6 years of age may enter the museum for free. It is open from Tuesday through Sunday from 10 am to 5 pm.

Villa La Estancia homeowners should take advantage of the chance to enjoy the nautical and historical experiences found only at the Naval Museum in Puerto Vallarta. Ships ahoy!

by VLEAdminRE,
FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Riviera Nayarit

Villa La Estancia: Dining Choices That Impress

The luxurious Villa La Estancia offers, beachfront residences located in one of the most beautiful areas in coastal Mexico. With oceanfront properties in both Nuevo Vallarta in Riviera Nayarit and Cabo San Lucas, owning a second home at Villa La Estancia could be your dream home come true. From our spacious and elegant suites, to the world class amenities and services, you truly will have everything you need and more, all located on the property grounds. Don’t forget about the delicious dining options right at your doorstep, too. Continue to read below to learn about the three fabulous choices you have without ever having to leave the property.

La Casona

La Casona is an upscale Mexican eclectic steakhouse that is perfect for a fun family dinner or a romantic evening with your loved one. La Casona offers an extensive selection of steak specials and Prime Cuts including high quality Kobe beef and a hearty New York Strip. La Casona serves an exquisite breakfast and its eggs benedict is to die for. In addition to our tasty cuisine, every table comes with amazing views of the well manicured landscaping, elegant water features including fountains. The real show stopper is the the blue green Banderas Bay waters and the white sandy Nuevo Vallarta beaches in the distance. Open for breakfast from 7:00 am to 1:00pm, dinner is served from 5:00pm to 10:30 pm.

La Parrilla Restaurant

Do you prefer a more casual dining experience? La Parrilla Restaurant allows the chance to enjoy your meal poolside so you can swim or work on your tan while you work up an appetite. La Parrilla menu includes a choice of burgers, sandwiches, wraps, Mexican ceviches and seafood specialties that are sure to please. Open from 12:00pm to 5:00pm, La Parrilla is perfect for a mid day meal or poolside snack as you enjoy the sunny Riviera Nayarit weather and cool ocean breezes.

Palmita Market & Deli

The Palmita Market & Deli is found next to the lobby entrance of Villa del Palmar which is a sister property situated directly next door to Villa La Estancia. A convenient option for a meal on the go or a quick snack, the Palmita Deli & Market menu includes a wide variety of sandwiches, salads, wraps, muffins and snacks. In the mood for a tasty coffee to start your day right? The Palmita Market & Deli is an ideal spot to enjoy your morning coffee. Favorite choices include the mocha cappuccino and the house speciality: mint vanilla cappuccino. Palmita Market & Deli is open daily from 7:00 a.m. to 10:30 p.m.

As you can see, there truly is something to suit everyone’s taste buds at Villa La Estancia. Now the only question is, what are you in the mood for?

by VLEAdminRE,
Destinations, FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences

Pre-Construction Real Estate in Mexico: What To Know

It’s easy to see all the major changes that have been happening in Puerto Vallarta within the last five to ten years, especially if you know the Puerto Vallarta area well. Within the past few years, the Old Town and Downtown neighborhoods of Puerto Vallarta have experienced major transformations as developers are building more and more condominiums to meet the demand for people who are relocating to make Puerto Vallarta their new home. With many new construction projects under way, it has surely altered the charming appeal of Old Town, and many people are not very happy about the effect to the authenticity, charm, and ambiance that has been altered. There are more construction units underway and the change is not going anywhere, so the question is should people purchase pre-construction real estate in Mexico? Continue reading below if you would like to know the top tips to buy pre-construction real estate in Mexico to determine if the investment is worth the risk.

Upscale Condominiums
If you take a quick stroll through Old Town Vallarta, you will quickly notice all the new construction buildings being built amongst the charming, older buildings. Many of the new condominiums that are being built come with modern décor, gyms, an infinity pool on the rooftop, and many high end appliances. These high end amenities are fantastic for people who are wanting to purchase a modern condo that still provides access to the Mexican lifestyle they desire. These new condos come with luxurious amenities, and buyers will not have to worry about keeping up with the maintenance and repairs that come with older, out of date condominiums.

Problems to Avoid
One of the major problems that occurs when purchasing a pre-construction Mexican real estate property is that the product is unfinished, which is a huge risk. It has happened more than once when a real estate property in Mexico has had financial issues, which led to the construction being stopped when it was only halfway done, which left many investors upset along with being scammed out of a lot of money. When you purchase pre-construction real estate in Mexico, it comes with this risk and this can occur anywhere, but you can lessen the chance of becoming a victim to real estate scammers or a developer that is dishonest when you know the tips to prevent it.

Reputable Developer
When you are purchasing Mexican real estate, the most important tip is to make sure the developer is reputable. To find out if a developer is reputable, you should look over their qualifications, and to review the properties that they have completed on time. You should always ask the developer for references and then research the developer thoroughly. If you want to protect yourself, then you should always research and do your homework on the developer before you decide to purchase a pre-construction Mexican real estate property. Don’t decide to purchase any pre-construction Mexican real estate before the research has been done even if the developer promises you big discounts or incentives.

Construction Delays and Risks
It is not uncommon with any new construction projects to have delays, especially with real estate in Mexico. Many of the real estate developers in Mexico will include a contingency clause of 3-6 months past the due date of completion so that they have a buffer in case of delays. You should be aware that your construction may not be ready by the due date, so you should make sure that you are prepared for this so you avoid any unwanted stress. When you are dealing with any pre-construction real estate in Mexico, you should try to negotiate with a small down payment so that your initial investment is minimal. Once you have the key and you can move into the completed property, you can finish paying for it then.

Experienced Realtor
Another helpful tip is to always deal with a realtor that is experienced and qualified when you are wanting to purchase pre-construction Mexican real estate. You should look for one that has an outstanding reputation, and one that knows the local real estate market very well. When you choose a realtor that also has experience with pre-construction real estate in Mexico, then it will be a big help when you purchase your property.

Avoid Risk – Buy Completed Real Estate in Mexico
Last, but not least, a risk-free tip is to only purchase a unit from a property that is already completed. You may miss out on discounts that are generally offered on pre-construction Mexican real estate, but it will be worth it in the long run to avoid the unwanted risks and delays that could occur. One of the best real estate in Mexico properties to consider that is fully complete and move-in ready is Villa La Estancia in Nuevo Vallarta. With solid construction, spacious units, high-end furnishings, and finishes as well as beautifully landscaped grounds, Villa La Estancia is a guaranteed solid investment if you want high-quality real estate in Mexico. In addition to the amazing units, Villa La Estancia is considered a condo-hotel where you also have access to professional and courteous staff twenty-four hours a day who are available to help you with any reservations, tours or transportation arrangements you may need. Visit https://rivieranayarit.villalaestancia.com/ to learn more about all the amazing amenities and services available at this award-winning property.

Villa la Estancia Nuevo Vallarta Real Estate

We hope this information will assist you in evaluating whether purchasing pre-construction Mexican real estate is right for you.

by VLEAdminRE,
Destinations, FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences

Real Estate Options for Expats in Mexico

More than ever, Americans and Canadians are deciding to become expats and retire in Mexico. Great weather year round and access to affordable healthcare are major factors in choosing to live abroad as opposed to retiring in the states. The lower cost of living in Mexico makes it a great option for those wanting to have a good quality of life at an affordable cost. Are you interested in moving to Mexico and want to purchase real estate? Let’s discuss Villa La Estancia Beach Resort & Spa as a great real estate option that may work for you and your family.

Villa La Estancia Beach Resort & Spa

If you are interested in real estate that is low maintenance yet comfortable, why not look into purchasing property at Villa La Estancia Beach Resort & Spa? With locations in both Cabo San Lucas and Riviera Nayarit, Villa La Estancia Beach Resort & Spa is an exclusive AAA Four-Diamond Luxury Resort, Villa La Estancia Beach Resort & Spa offers a wide range of units including 2 bedroom suites, 3 bedrooms suites and even an upscale Penthouse choice for those wanting to really splurge. The villas are spacious and include state-of-the art kitchens and large living areas. In addition to a grand master bedroom and bath, units have oversized balconies with gorgeous ocean views. A pillow menu, premium bedding, and top quality cotton linens will make you feel pampered. Who wouldn’t want the luxury of having access to the many amenities and services at a luxury resort, while at the same time investing your money in real estate that will go up in value? It certainly is a smart choice if you are interested in investing in real estate in Riviera Nayarit, Mexico.

Location & lower cost of living

Mexico is geographically close enough if you need to return regularly to the US or Canada, and not too far away if you want friends and family to come visit as well. Buying real estate such as Villa La Estancia Beach Resort & Spa in Mexico is a smart choice as the lower cost of living will allow you to live the lifestyle you have always dreamed of.  Affordable healthcare and access to private hospitals and doctors is one of the top benefits for an expat in Mexico. Doctor visits only cost around $500-$700 pesos which equals around $30-40 dollars. Prescriptions and over the counter medicines are very well priced as well.

Culture and Food

If you decide to purchase real estate in Mexico, you will be able to really experience and enjoy all the wonderful things about Mexico that make it so special. Amazing food and family oriented culture make Mexico an excellent place to live. There are many art galleries, restaurants, activities and shops so that you will always have something to do. If you end up purchasing real estate at Villa La Estancia Beach Resort & Spa, you may not even want to leave home but at least if you do, you know you won’t be bored.

In conclusion, when starting to plan for your future, consider that purchasing real estate in Mexico might be a viable and financially smart choice. If you love experiencing different cultures and yearn for a new adventure, consider buying real estate and becoming an expat in Mexico. From the affordable healthcare, lower cost of living to the amazing food and culture, Mexico is truly a wonderful place to invest. Do you see yourself buying real estate in Mexico? If so, make sure to look into Villa La Estancia Beach Resort & Spa as it offers everything you are looking for and more. See you on the beach!

by VLEAdminRE,
Cabo San Lucas, Destinations, FAQ, Fractional Vacation Ownership, Full Ownership, Real Estate, Residences, Riviera Nayarit

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!

by VLEAdminRE,
Real Estate, Riviera Nayarit

Prime Real Estate in Riviera Nayarit

The perfect place to find Prime Real Estate in Riviera Nayarit, close to Puerto Vallarta’s International Airport, is without a doubt Villa La Estancia, the ideal choice for those with discerning taste seeking luxury and comfort by the beach in Mexico.

Villa La Estancia Riviera Nayarit

Ideally located in Nuevo Vallarta between Puerto Vallarta and Punta Mita on Banderas Bay, Villa La Estancia Riviera Nayarit provides prime real estate opportunities on a beautiful swimming beach that stretches for miles to the north and south. Full and Fractional ownership is coupled with 5 Star amenities and services for magnificent lifestyles enjoyed within a totally relaxing setting.

Prime Real Estate in Riviera Nayarit

Celebrated for its unrivalled world-class services, tranquil setting and sophisticated style, Villa La Estancia Riviera Nayarit is a dream come true that puts property ownership in Mexico firmly on the map. Your elegant hacienda-style villa will be a hit amongst your friends who will be eager to come and visit you in your home by sea. They may well even want to join you by purchasing prime real estate in Riviera Nayarit too. Just imagine the scene as you arrive home to your private beachfront residence in Riviera Nayarit to be greeted by staff who all know your name and welcome you home.

The Residences at Villa La Estancia

Prime real estate in Riviera Nayarit at Villa La Estancia includes 2 and 3 Bedroom Villas plus Penthouses, all of which come decorated in a sophisticated colonial-hacienda style with fully-equipped gourmet kitchen and elegant lounge and dining areas. Double glazing, maple cabinets, steel appliances, marble floors, whirlpool tubs, walk-in closets and more sophisticated details feature throughout.

The rise of prime real estate in Riviera Nayarit

One of the main reasons that prime real estate in Riviera Nayarit is causing such a stir is because more and more people are choosing Mexico as their home, whether that be their first home or as a vacation home. Climate, low cost of living, a pace of life, cuisine and friendliness of local people all contribute to Mexico being one of the most popular locations for retirement.

by VLEAdminRE,
villa la estancia real estate nuevo vallarta
Full Ownership, Residences

Utilities and Expenses of Homeownership in Riviera Nayarit and Puerto Vallarta

Purchasing a luxury residence at Villa La Estancia in Riviera Nayarit near Puerto Vallarta in Mexico offers many elegant benefits to homeowners, including making the payment of utilities and expenses relating to running your home simple. Not only will you be able to find support and advice with the Villa La Estancia Residences homeowners’ association but many of your monthly expenses are covered by your maintenance fees.

villa la estancia real estate nuevo vallarta

However, owning a property in Riviera Nayarit and Puerto Vallarta can seem daunting for some homeseekers, which is why we have compiled a list of tips to help you navigate your way around the expenses and practicalities of homeownership in Riviera Nayarit and Puerto Vallarta, Mexico.

Put Utility Bills in your Name

There are a number of circumstances when you will be required to provide proof of address in Riviera Nayarit and Puerto Vallarta, such as immigration procedures, getting a Riviera Nayarit or Puerto Vallarta driving license and so forth. Making sure that you have at least one utility bill in your name will save you the trouble and risk of carrying the deeds to your property with you to carry out simple formalities.

Pre-Payment

If you are not planning to live in Riviera Nayarit or Puerto Vallarta throughout all the seasons, you have the option to pre-pay many of your bills in preparation for your absence. Villa La Estancia residences in Riviera Nayarit make it easy for homeowners who can pre-pay maintenance fees or leave a voucher to authorize payments.

Open a Bank Account

Having a Mexican bank account will come in very useful and is fairly straight forward if you are planning to live in Mexico or spend your winters here. Not only can you manage your utility bills and expenses but also transfer funds internationally. The best advice is to choose a bank that has on-line services and great customer service. Many banks in Riviera Nayarit and Puerto Vallarta employ staff with a good level of English.

Maintenance Fees

Each condo or residential complex will be different, but most, like Villa La Estancia Residences, will charge maintenance fees every month. Some properties may charge fees quarterly and give discounts for advance payments.

Property Taxes

Property taxes or “predial” are due each year in January. Paying your property taxes is simple enough or you can pay online. You will need your Property Tax ID number (Cuenta Catastral) and a copy of the deeds to your property, or the previous year’s bill. You get a discount if you pay in January of February. Villa La Estancia Residences fractional property owners will not need to worry about these taxes as this expense is included in your maintenance fees.

Income from Rentals

Some Villa La Estancia Residences homeowners choose to rent their properties during those times when they are not occupying their luxury home in Riviera Nayarit. This is equally true of fractional owners during their allotted time. Renting your property can help offset your maintenance costs, although you must ensure that you seek advice regarding taxes on your income from rentals in Mexico.

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,
FAQ, Real Estate, Riviera Nayarit

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.

How useful was this article? Do you have any questions or doubts?

Please leave your question in the comments box.

by VLEAdminRE,