Did you know you have a great opportunity right now to find a wonderful deal on a villa or condo in our market of Puerto Vallarta, Bucerias, La Cruz, Punta Mita, and many points in between? Here I share with you the 4 priorities for buying real estate in Mexico and the Bay.
We are in a stand-still now, waiting to end the lock-down until the virus health issues are resolved or stabilized. The Mexican federal and state governments are enforcing certain restrictions, such as staying at home for all who do not have critical businesses. Mexico is not the only country with the problem, so this is very different from how our market in Mexico was affected during the US Housing crisis of 2008. We had little demand for 5 years, and began to recover when new product was built, which attracted a different demographic from our prior client base.