Buying Puerto Vallarta Land Safely
 Thomas Lloyd - TOPMexicoRealEstate.com
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October 01, 2010
What information do you have about buying Puerto Vallarta land? Not much, but that’s OK, since it’s just like buying land anywhere else, right?
Well, not quite. Besides some distinct differences in buying Mexico land in general, due to different laws and property ownership possibilities, there are also some distinct features in Puerto Vallarta’s real estate market, making it necessary for buyers to first collect some accurate and complete information about buying before jumping in.
One excellent way to begin is through a Mexico real estate guide. These can be found in e-book format, sometimes as free downloads. One such e-book, the Top Mexico Real Estate Guide: Buying Safely, is a compilation of questions and answers from a variety of experts in real estate and related fields. One expert is a real estate broker with over 15 years of experience in the Puerto Vallarta area.
This e-book comes in an easy to use question and answer format, and can be quickly navigated from two side menus, by chapter, question or by expert, to compare two experts’ answers to the same question. It can be downloaded in a PDF format in about 2 minutes from the TOPMexicoRealEstate website.
An Mexico real estate guide such as this one will lay out the basics for you to know what questions to ask, what information to obtain and what steps you will need to take to make sure you find a Puerto Vallarta property that will be transferred to your ownership, legally.
One major point which the book covers is the creation of your real estate “team” – the key players in your real estate purchase, what they will do for, how they will (and won’t) ensure a safe purchase, and how you should select them. A point of emphasis is the importance of selecting the right agent. After (or even during) browsing through the information, and keeping it on hand for future reference, the next major step is to find the agent who will guide you through the process.
An experienced, reliable agent knowledgeable of the market and area will also be able to help you select a lot for sale that will suit your needs. This is especially important in Puerto Vallarta; as mentioned above, certain market situations, such as a glut of condos on the market, have created a high supply and buyers market it this particular section. There are also a large variety of home options available, and can sometimes be found below market value.
Your agent should be able to advise you if land is the most appropriate type of real estate for your needs, and if you determine that is, help you find the best price for an ideal lot.
Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546. |
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