Buying property in a foreign country can seem daunting, particularly when it comes to understanding local laws and regulations. However, purchasing real estate in Mexico, specifically in enchanting locations like Puerto Vallarta or Riviera Nayarit, can be a straightforward process if you arm yourself with the right knowledge. This guide aims to simplify Mexico's real estate regulations for overseas...
The Puerto Vallarta/Riviera Nayarit region recorded a gross sales volume of $141 million in the first quarter of 2023. Although this figure is slightly higher than the fourth quarter of 2022, it remains more than 30% lower than the record high achieved in the second quarter of last year, which saw $205 million in sales. It is important to note that the surge in sales during that period was likely due to...
The residential housing market in Vallarta is expected to remain strong and stable, with prices likely to experience minimal fluctuations. Several factors contribute to this outlook: Cash purchases: The majority of buyers in Vallarta purchase properties with cash, reducing concerns about losing their homes to foreclosure. This lack of mortgage pressure results in fewer owners feeling compelled to...
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