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Everything you need to know about buying and selling real estate in Mexico, Puerto Vallarta, and the Banderas Bay region

Five Important Points to Consider

Can You Own Beachfront Property in Mexico?

If you are interested in buying a beachfront home or land in Puerto Vallarta, Riviera Nayarit or anywhere else in the Banderas Bay region, here’s what you need to know about the Restricted Zone and purchasing Mexican real estate:
POINT ONE: Use an attorney. Agents are not educated or experienced enough to take the place of an attorney for you. I recommend one who is bilingual and bi-cultural. A client needs to be told what is happening here and how it is different from what he is expecting.  Many transactions have closed because a good attorney solved the legal problems of the sale.  A good attorney charges a fair fee for his/her expertise and skill.

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Digital Nomads and Real Estate

More Millennials Choosing the Bay of Banderas

Generation Y or the Millennials are persons born in the 1980s and 1999. They are estimated to be 70 million strong. Age is typically 20 years old to 38 years. Who are they and what are some of the characteristics that define this generation? Seeking a Greater Work / Life Balance – **Millennials are individualistic, innovative, creative, revel in diversity, multi-taskers, and go by their own rules. Millennials rely on their intuitive sense to understand technology from the environment in which they have grown up.

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Buying Property in Mexico

Why is Fair Market Value Important?

Those of us living in Mexico from other parts of North America probably take the concept of fair market value for granted.  We assume that this measure of value is used in other markets and other countries. Actually, it is not common outside of the USA or Canada to have sold market data.  In order to have information about sales prices and to adjust for differences in properties, data must be available. 

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When Pricing Moves Away From Fundamentals

Behavioral Biases in Real Estate Markets

One of the most interesting asset classes where we see the very pronounced influence of behavioral biases is in real estate. Why is real estate such a ripe area for behavioral biases? Real estate is a highly emotive asset in most cultures. This can help explain phases of ‘irrational exuberance’ in property markets where prices move away from fundamentals.

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