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

The Fideicomiso and Why it is Important

Can Foreigners Own Beachfront Property in Mexico?

A client who recently bought a condo in Puerto Vallarta, called and said, “Please write a summary of the basic points of foreign ownership: so that not only I can speak about it better, but to teach or remind other foreigners what a unique opportunity we have to own properties near the ocean in Mexico.” This is a summary of the characteristics of a fideicomiso trust:

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Mexico Real Estate Law

Consumer Protection for Pre-Construction Buyers

If you are considering buying pre-construction in this market, the builder should have been approved for promotion on FBS FLEX and he should have an offer contract following these statutes for your protection, and more if you can negotiate them. Here is a translation for you to read.  For property advice, seek the counsel of a qualified attorney and your choice of real estate agent.

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How Mexico Compares to US & Canada

Buying Pre-Construction: Cash vs Mortgage

Thinking of buying a pre-construction condo in Puerto Vallarta or Riviera Nayarit? As Mexico real estate is largely a cash market, here’s what you should know about the financing of new development projects in Mexico as compared to the US and Canada.

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Condominium Ownership in Mexico

9 Tips for Successful Condo Living

For most of you who have owned single-family homes, buying a condominium is a new experience.  This type of ownership gives all owners the opportunity to influence core decisions and procedures in managing a joint asset. There are differences in how people respond to owning and sharing the responsibility of joint ownership. The value of your condominium is affected by not only its physical attributes, but by the stability and maturity of your condominium association.

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