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

Supply, Demand & Consequences

Mexican Real Estate

We need to revisit some basics affecting our Puerto Vallarta real estate market at this time. We need to pay attention to supply and demand. For economic purposes, demand must occur before supply becomes important. However, supply usually comes first. It’s uncommon to demand something we can’t imagine the possibility of what we want to buy.

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Planes, Projects and Property

Positives for the Puerto Vallarta Real Estate Market

First: 17 New Mexico City Real Estate Projects Approved – The Mexico City government has authorized the construction of 17 real estate projects in the capital as part of a plan to combat the economic impact of the coronavirus pandemic. The government has announced 14 projects on Paseo de la Reforma in the central borough of Cuauhtémoc, and three others along the avenue’s extension in the boroughs of Álvaro Obregón and Cuajimalpa.

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Buying & Selling Real State in Puerto Vallarta

What Determines Fair Market Value?

Those of us living in Mexico who are from other parts of North America can 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 commonly have sold market data.  

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