How to Buy Real Estate in Vallarta
: It is a common misconception that foreigners cannot own real estate in Mexico, but the reality is that they can. Outside the Restricted Zone, defined below, a foreigner or foreign corporation can acquire any type of real estate, holding the property as a direct owner complying with Mexican law.
Useful Information for the Real Estate Owner
: At the beginning of every year, you need to pay property taxes (Impuesto Predial). If they are paid in January, you receive a 15% discount.
Explanation of Closing Cost
: When a property is acquired through a Purchase-Offer or when a Trust Transfer Domain is carried out before a Notary Public, in order for them to be legally constituted they must meet with a series of permits and expenses
Realizing the Dream: Making the Move
: Before you embark on your idyllic new life by the bay, there are some details to consider.
Puerto Vallarta Real Estate Update 2004
: Today, real estate in Vallarta is very different than it was five years ago. In most cases, the real estate options available are different, the players are different and the “hot” regions are different.
From the Dream to the Key: Architecture in Puerto Vallarta
: During the Renaissance, Michelangelo listed architecture along with painting and sculpture as art that delights the senses.