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Puerto Vallarta News NetworkPuerto Vallarta Real Estate


Strategic Hotels Acquires 47.5 Acres for Upscale Resort, 55 Luxury Homes
Gail Kalinoski

Strategic Hotels and Resorts is planning to build a luxury, all-suite resort and approximately 55 homes on 47.5 oceanfront acres in Nayarit, at the La Solana Hotel and Villas development site, adjacent to its Four Seasons Resort Punta Mita.more »»»

What You Need to Know about Mexican Mortgages
Robin E. Reyes

The bottom line? Lending in Mexico has become more attractive to lenders and safer for consumers. The number of Americans headed south is increasing exponentially as new developments are built that cater to the picky U.S. market.more »»»

Mortgage Group is Eyeing Mexico
Jonathan J. Higuera

As more Americans look to buy property in Mexico, U.S. mortgage bankers are faced with the dilemma of making loans in an uncertain environment or missing out on a lucrative opportunity.more »»»

They're Building in Baja, and Boomers Are Buying
Evelyn Iritani

Long considered a weekend party destination for Southern California students and a low-rent getaway for American and Canadian retirees on a budget, the northern Baja coastline is undergoing a real estate boom fed primarily by Americans who are tapping their equity back home to buy a weekend getaway south of the border.more »»»

Beach Home Loses Beach
J.N. Sbranti

A Modesto couple has learned the hard way about the perils of buying property in Mexico. The $680,000 beachfront home they purchased last spring on the Pacific Coast is no longer next to the beach: The water in front of their home is being filled in, and the new land that's being created will be developed.more »»»

Mexican Housing Firms Woo Clients with Poor Credit
Noel Randewich

A housing developer and mortgage lender in Mexico, faced with heavy competition, have found a way to attract customers with poor credit histories, who they would have avoided in the past.more »»»

Obrador Aims to Beat Fox on House-Building
Reuters

The leftist front-runner for Mexico's presidential elections said on Friday he planned to build more houses per year than President Vicente Fox, directly challenging a cornerstone of government policy.more »»»

Mexico's Next Big Big Resort
Christine Delsol & Larry Habegger

Mexico's first Cancún-style resort development in 20 years is scheduled to open its first phase by December on the Pacific coast, 30 minutes north of Puerto Vallarta, said John McCarthy, director of Fonatur, the government's tourism development agency.more »»»

Los Cabos Loans.com Successfully Funds Mortgages in Mexico
PRWEB

Recently, Los Cabos Loans.com successfully closed mortgages for Americans buying homes in Los Cabos and Puerto Vallarta and expects to be closing many more throughout Mexico in the coming weeks.more »»»

A Star House Gets Star Treatment
Laura Gelezunas

This month, the glossy magazine, Leading Estates of the World, is featuring one of Puerto Vallarta's most stunning homes, Villa Estrella Mar, on the cover. This is the first time one of the Banderas Bay area's homes has graced this special spot.more »»»

La Cruz Marina Controversy Continues
PVNN

Once a tranquil and picturesque fishing village on Banderas Bay, today La Cruz de Huanacaxtle, Nayarit is a hotbed of controversy. Check out BanderasNews Team member Ray Dion's video of the changes that are taking place on the La Cruz de Huanacaxtle coastline.more »»»

Napa Designer Thomas Bartlett Goes South Of The Border
Kathleen Dreessen

The floodwaters are receding, but it's still January - gray, lifeless and cold. That is, unless you're Napa interior designer Thomas Bartlett, who can escape the dreary month with a quick plane trip and drive to his hacienda in La Penita de Jaltemba, Mexico.more »»»

Homeowner's Group Charges Collusion and Corruption
Just Obey The Law

Imagine pouring your life savings into building an oceanfront home only to have someone move the ocean. Impossible? For a group of La Cruz de Huanacaxtle homeowners, the answer is, perhaps not.more »»»

Website to Homesite
Troy Mcmullen

Yahoo Inc.'s former chairman and founding CEO, Tim Koogle, is partly focusing these days on south-of-the-border real estate. The 54-year-old venture capitalist, who took Yahoo from a six-staffer start-up, is selling residential property on 100 acres of oceanfront land he bought just north of Puerto Vallarta two years ago.more »»»

Mexico and Renting a House Part I
Doug Bower

Not only do Mexican landlords give every impression their American tenants exist to be taken advantage of, Mexican beggars also plug into this mentality. They think every American lights his or her cigars with $100.00 bills. This is no generalization. I have evidence.more »»»

Mexico and Renting a House Part II
Doug Bower

I’ve been thinking more about this issue of Mexican Landlords and Beggars. Just why do Mexicans think they can exploit a Gringo when they see one coming down the pike? Now, is this true of all Mexicans without exception?more »»»

Mexico and Renting a House Part III
Doug Bower

I wanted to continue with the next column in the series Living in Mexico. However, I am still in such a snit over the fiasco with our previous landlord, I thought I should write part three in the series on renting a house in Mexico.more »»»

A New Day Dawns in Sleepy Loreto
Sandra Dibble

With its rugged mountains, uninhabited islands and vast marine park, this seaside town of 15,000 people offers some of the most dramatic scenery on Baja California – above water and below. Yet for years, tourists and developers have largely overlooked Loreto and headed to the peninsula's booming southern end.more »»»

License to Thrill
Helen Davies

Want to live in a James Bond villa? Now you can — or close to it. Luciana Paluzzi, the Italian actress who played fiery redhead Fiona Volpe in Thunderball, is selling her clifftop house at Costa Careyes on Mexico’s Pacific coast for £7m (12 million USD).more »»»

Americans Look to the Next Baja Boom Town
Danna Harman

When David Butterfield and his wife, Norma, turned 50 a few years ago they started thinking about retirement: Florida - not their style; southern California - too many cars; Hawaii - too far from family; and then they stumbled upon Loreto.more »»»

Bargain-Hunting South of the Border
Benedict Mander

The Mexican property market has long benefited from being situated next to what is possibly the largest group of second-home buyers in the world, luring Americans and Canadians to a tropical coastline that is prettier and less expensive than their own.more »»»

Realty Q & A:
Depreciation For Rental Owners; Realty And Taxes In Mexico

Lew Sichelman

Q. I am interested in the topic of purchasing property in Mexico. I would like to form an LLC to buy land or real estate in Mexico but am not sure about the taxes when I go to sell or annual taxes on the operating rental income. Do I have to file a Mexican return and pay Mexican taxes? more »»»

Mexican Coastal Areas Experiencing a Surge in Housing Construction
Sandra Dibble & Lori Weisberg

Step out onto the balconies of the newest condominiums rising along the Pacific Ocean and catch colorful sunsets, misty mornings, dolphins leaping from the waves – and giant cranes lifting steel beams for a new tower next door.more »»»

Title Insurance Can Provide Peace Of Mind
Lori Weisberg

The promise of lucrative profits and the allure of stunning ocean views have drawn U.S. citizens in droves to invest in Baja California real estate, but buying property in Mexico is not necessarily without risk.more »»»

Common Problems with a Move to a Foreign Country
Sueanne H. Lineberger

Moving to a foreign country makes enormous demands upon our psyche. Not only do we have to deal with the stress of leaving home, we also have to struggle to find the way to live within a country whose culture, society, and language are so different from our own.more »»»

Real Estate Financing Made Easy!
PVNN

Dealing with American and International lenders has never been easier. Let Alexander, Barrett & Company show you how. Alexander, Barrett & Company has increased your lending products with programs that allow for LOW down payments (some as low as 10%), low closing costs, and quick closings.more »»»

Ejido – Taking Away the Fear for Foreigners
Wayne Franklin

Ejido. The word strikes fear and uncertainty into the minds of most foreigners. And well it should. Ejido properties (Mexican co-op farm land) are off limits to the foreign community.more »»»

Mortgage Plan Offers 'Little Piece of Mexico'
Wire services

Isabel Estrada, a mother of eight from the village of Izucar de Matamoros in the central Mexican state of Puebla, was finding it hard to conceal an almost childlike delight when the governor of the state handed over the keys to her new house on Saturday.more »»»

Trailer Trash? Not a Scent of It
Mireya Navarro

Trailer parks may conjure images of retirees and low-income families in most of the country, but in Malibu parks that once drew the elderly, working class and bohemian are now being transformed into the new playground for the rich.more »»»

Pacific Mexican Renaissance
Moneyplans.net

The well kept secrets of Pacific Mexico's dramatic cliffs, coves and sand have long attracted the Hollywood set looking for a quiet escape. Since opening up to foreign investment, Puerto Vallarta has seen an explosion in luxury residential resort development.more »»»

Buying In Mexico Is Getting Easier
Tom Kelly

How have US citizens financed homes in Mexico? The common practice had been get out your checkbook, add any savings you could muster and then pray the seller would "carry the paper." Now, with changes in the appraisal and foreclosure process, US lenders have rolled out programs aimed at second-home buyers and retirees.more »»»

Title Insurer May Play a New Role for Home Buyers
Heather Bergman

Executives from Grupo Lagza, Inc., a major property developer in Mexico, are courting San Diego home buyers for new residential developments along the coast of Baja California and want to provide a perk not currently offered from San Diego.more »»»

Retirees Find Value, Sun in Mexico
Sally Stich

Retiring to Mexico has never looked better, thanks to a change in the tax laws that allows foreigners to own property.more »»»

Trading Places: Real Estate Instead of Dot-Coms
Motoko Rich & David Leonhardt

Real estate-crazed Americans have started behaving in ways that eerily recall the stock market obsession of the late 1990's.more »»»

Mexico Undergoing Americanization as Retirees, Others Become Expatriates
Alfredo Corchado & Laurence Iliff

The decades-long trend has gathered steam in recent years, statistics show, and Mexico is undergoing a sustained Americanization, with Americans buying more property, seeking permanent residency and congregating in enclaves that seem like home abroad.more »»»

Buying Mexican Real Estate Gets Easier
Steve McLinden - Bankrate.com

Lured by beachfront vistas, quaint colonial backdrops and a historic construction boom, thousands of Americans are heading down Mexico way to snap up vacation homes, retirement villas and investment properties.more »»»

Making the Move to AND Building a House in Vallarta
Bob Cohen - PVNN

A gringo advised me to first experience the summers here and to live out my "honeymoon year" renting a place before I made the big plunge - it was great advice - after making it through my first hot and rainy summer season, I started to look for a condo to purchase.more »»»
Hasta la Vista, Baby
Terry Faulkner & Alejandro Barragan - PVNN

Construction projects on the bay where not always monitored as well as they are now. Still things can happen and you can't always be around to protect yourself. Here's how to fill that void.more »»»

Why We Choose to Live in Puerto Vallarta
Marla Hoover - PVLifestyle.com

Just what is it about Puerto Vallarta that captivates so many visitors that they feel compelled to buy property and live here? This is the question that Lifestyles Magazine put to some new homeowners that purchased property this past year around Banderas Bay.more »»»

Dreaming Of A Dream House
Andy Rooney - from Common NON Sense

Just as soon as I have the time and the money, I'm going to build my dream house. It will be a big, rambling wooden home three stories tall with five bedrooms, a large kitchen with three ovens and a small dining area near a window that looks out onto a rocky cove.more »»»

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