Baby Boomers and Real Estate in Mexico

Published May 24, 2017May 22, 2017 by Pablo D. Elders

The term ‘baby boomer’ has become popular to describe babies that were born in the years of 1946 thru 1964. Today, the majority of these babies are already at retirement age, having benefited from a relatively secure economy. With time on their hands and an empty nest, many baby boomers are looking towards what they will do with the rest of their lives, which is where real estate in Mexico comes into the mix.

What challenges do baby boomers face?

The main challenges that baby boomers face is making a fixed income match their lifestyle goals while filling their time with inspiring activities to keep them active and young at heart. One of the ways that a number of North American baby boomers have faced these challenges is by purchasing real estate in Mexico.

Baby Boomers and Real Estate in Mexico

Many retirees find themselves on fixed incomes, no longer enjoying so much disposable cash as they did before. As living costs continue to rise all over the world, our dollars stretch less and less. Rising property taxes, groceries, healthcare and heating bills are just some of the ways that pensions become limiting for many baby boomers. In order to make their money stretch further, many people are now looking to relocate to Mexico just to simplify their lifestyles and reduce outgoings.

Life is more affordable in Mexico

Many baby boomers are now looking for a place to live where the bills are cheaper and lower, so their income can be stretched further. Mexico offers many attractive options for baby boomers, because the taxes on property are lower and the overall maintenance costs for homes are just a small fraction of what they are in Europe, Canada, and in the United States. All living costs in Mexico are considerably lower than many places around the world. Besides, real estate in Mexico is also affordable and ideal for downsizing or second home.

Luxury Downsizing

However, not all baby boomers are counting their pennies. Those who have a large family home, having worked hard and spent the majority of their lives paying off their mortgage, may consider to downsize in order to purchase a vacation property so that they can live the winters in a warmer climate. By downsizing in their hometown, these baby boomers can enjoy a home overseas too by investing in real estate in Mexico. Some baby boomers choose to break completely with their old life, opting to move permanently to Mexico.

Why Mexico Real Estate?

Mexico is a popular place for retirement amongst Americans and Canadians. Not only does Mexico have the best climate year round, it also has great, affordable healthcare, many amenities, and the best proximity to Canada and the United States with handy direct flights. The real estate in Mexico is also highly affordable and you will get a lot more for your dollars with money left over too for those luxuries you deserve in your retirement.

Why are Condos Good Investments?

Published August 25, 2016August 26, 2016 by Pablo D. Elders

Purchasing a condo is a good investment. In recent years, the majority of people are purchasing condos over a single family residence. Why are condos good investments? If you have been thinking about purchasing a first time home or condo and have been weighing the options, then you will see quickly why purchasing a condo is a great investment. Look below at the top reasons why condos are good investments and may even fit your lifestyle better.

Move In Ready

If you purchase a condo, then you will be purchasing a home that is move in ready. This is ideal for the buyer looking to move right in without much maintenance. Condos are an excellent choice for busy professionals or just not wanting to mess with the time and effort that goes with purchasing a single family home. The less time your waste the better your good investment.

Fewer DIY Projects

If you can’t stand the thought of any DIY projects or you are just not the handy person, then a condo is the perfect fit for you and good investment. There is very little maintenance required with a condo and if there is any it is limited to the interior only. The condo association fees will take care of any projects on the exterior of the condo, so you won’t have to deal with that. Also, there is no yard to upkeep and take care of, so this will save you time and money.

Close Knit Community

Purchasing a single family home will let you meet and know your neighbors, but there are more residents in a condo community, which means the condo community is close knit and your chances will increase. You can meet the community when you are coming and going to work, walking your dog, and getting your mail, which is great if you are social and looking to make new friends.

Save Money on Purchase

A single family residence costs more money than a condo and they often both have the same amount of square feet, in the same area, and in the same condition. You will save money purchasing a condo, which is ideal for those on a budget or first time home buyers. A good investment for first time buyers and retirees looking to downsize.

Added Amenities

The condo communities offer different amenities, but these amenities can make your life a lot more easily and of course more comfortable. Some of the condo communities have resort like amenities that include pools, fitness gyms and centers, and even a party room, so if you had to purchase each of these amenities separately when you purchase a single family home, then you will find the price to be very expensive.

Location

Location is always important to first time buyers and it is good to know that most of the condo properties are located in the best areas, which means you will be living in a wonderful

Top Choices for Luxury Beach Real Estate

Published August 13, 2015August 19, 2015 by Pablo D. Elders

Mexico remains as the top choice when it comes to owning luxury beach real estate. Here are the reasons why.

Get more for the Exchange Rate

Mexico’s exchange rate makes it affordable for dollar earners to own a luxury beach real estate in Mexico. A dollar converted to Mexican peso brings a lot more purchasing power that lowers the cost of every property compared to buying the same property in a country where the dollar originated.

Building Costs and Materials are Cheaper in General

This is related to the exchange rate as previously stated. The cost of real property becomes affordable as the dollar continues to strengthen against the Mexican peso. That is why many Americans and Canadians make luxury beach real estate investments in Mexico, as they get higher value for their money.

Mexican Hospitality

Mexico’s hospitable and warm people always touch the heart of any visitors. You’ll feel like you never left home. Everyone is very accommodating and will make your life in Mexico pleasant and easy wherever you go.

Expats to Make you feel at home

When you purchase luxury beach real estate in Mexico, you will become part of a large expat community, receiving a warm welcome by fellow investors. Get togethers and events are often common in the popular expat destinations like Puerto Vallarta, Riviera Nayarit, Riviera Maya, Chapala Lake and San Miguel de Allende. Things like dance lessons, book clubs, art classes and music groups are common. There’ll never be a dull moment, once you set your foot in Mexico.

Great Climate and Sunshine Guaranteed

Sun-filled days will always complement the turquoise blue waters of Mexico’s beaches. The Pacific Coastline, Baja California, the Sea of Cortez, the Caribbean and the Gulf of Mexico are places for potential luxury beach real estate.

Multiple Option for Luxury Beach Real Estate

You can choose what type of house and setting you like for your luxury beach real estate property. From mansions to condos and apartments, you can find it all here. If you like the colonial style with a traditional Mexican house or the modern era with a sophisticated condo unit by the seaside, Mexico can provide. The choice is yours and elegance is the common thing you’ll get.

Accessibility

Considering that Mexico has great tourist destinations, flights are always available, getting to and from this country. Popular places like Puerto Vallarta, Cabo San Lucas and Cancun never fail to attract different people of all nations. The availability of flights make it easy for everyone to access almost all places within Mexico.

Just think about it! Decide and buy a luxury beach real estate in Mexico and you’ll never regret it.

Great Real Estate in Mexico: Riviera Nayarit

Published August 11, 2015August 20, 2015 by Pablo D. Elders

People who love the allure of the sun can enjoy an everlasting experience if they choose to permanently reside in Mexico. The real estate in Mexico’s Riviera Nayarit offers some of the hottest property in town to own, even for the most knowledgeable investors. With its lush and luxurious properties which you can own in full or in part; settling in Riviera Nayarit is a dream that can come true for most people in the United States and Canada with the vision.

Riviera Nayarit Real Estate in Mexico

Riviera Nayarit refers to the long stretch of coastal lands that runs north from Puerto Vallarta’s airport on the Pacific Coast of Mexico, in Bandera’s Bay to Nuevo Vallarta and Punta Mita. It even includes the surf towns of Sayulita and San Pacho. Riviera Nayarit’s stylish real estate properties have long been on the list of of watchful investors who value elegance and admire life under the sun.

Riviera Nayarit’s sunny days are part of its allure – more than 300 sunny days according to statistics, although in practice it seems like every day is a sunny day in Riviera Nayarit. Perfect for beach lovers, the beaches provide real comfort because of their soft and yellow sand that even turtles find suitable to lay their eggs on. Swimming is fun and safe on the beaches in Mexico’s Riviera Nayarit, and there are designated areas to enjoy the blue waters. If you love eating and shopping, top restaurants and stores fill the area and are strategically located in an open and clean environments. If you are looking for a great vacation or a second home, Riviera Nayarit offers some of the best real estate in Mexico and is the perfect place to experience your dream home.

Villa La Estancia Residences stand at the forefront of Riviera Nayarit’s luxury real estate in Mexico. For a reasonable price that starts from $165,000.00, one can experience all the splendor on the beach that a 4 Diamond – 5 star hotel offers. Villa La Estancia residences offer owners access to world class facilities and amenities that can make your stay a truly unforgettable one. Owning a place is not a far fetched dream as it gives you the option of buying a full or a fraction of it.

Owning has never been this easy and having a place of your own in Mexico doesn’t need to be a dream anymore. If life’s enjoyment after retirement is what you’re after, purchasing a property at Villa La Estancia in Riviera Nayarit is your ticket to retirement bliss.

All it Takes to Find a Dream Home in Mexico

Published August 10, 2015August 11, 2015 by Pablo D. Elders

There are so many people that dream of purchasing a home in Mexico, but many people don’t know how to start that process. One good thing is that Mexico offers plenty of home options that include affordable prices, luxurious homes, and there is a home to meet your budget and preferences. The hard part of finding your dream home in Mexico is searching for that home. One way is searching for a broker who will listen to your wishes and demands. We have come up with some easy steps to assist you in finding your dream home in beautiful Mexico.

All it takes to find a dream home in Mexico

The Perfect Location

When searching for your dream home in Mexico you should know what type of home you would like to have, and what type of weather you would like the home to be in. Mexico is great, because you can find a the type of weather you want as Mexico has spring and summer weather conditions, but one bonus is there is no freezing temperatures. There are so many beach locations in Mexico; Cabo San Lucas, Puerto Vallarta, and Cancun provide beach locations, but if you would like an older city for your home, then Lake Chapala, Guanajuato, San Miguel, and Ajijic are perfect Mexico locations for a dream home.

When you are considering where you want to have your dream home in Mexico, then you should also like to think about the things you enjoy doing. Do you love the finest cuisine and enjoy eating out? Maybe you love playing golf or fishing? Do you enjoy spending spare time salsa dancing, or writing? Maybe you just like to visit Farmer’s Markets and flea markets? These are things to consider, because it is your lifestyle that you want to meet.

The perfect places in Mexico for those who enjoy the best in life such as gourmet dining, golfing, art, Farmer’s Market, and living life to its fullest can be found in Nuevo Vallarta, Puerto Vallarta, and Riviera Nayarit.

Search For a Professional Realtor

You should find a professional realtor who is a member of the AMPI (Asociación de Profesionales Inmobiliarios, A.C.), and that realtor should have the references checked out. A professional realtor will be registered with the AMPI, and will know everything there is about Mexico properties. The realtor will be able to show you all types of properties, even properties that are being built. The realtor will take you through the closing process without any problem, then assist you on finding a doctor, and the perfect school for your children.

Purchase a Try and Buy Visit

To get the realistic life experience in Mexico, then purchase a try and buy visit. The try and buy visit purchase will allow you to have a trial of a home in Mexico. A few of the developers encourage the try and buy visit, because it lets you see how the home will be. If you don’t do the try and buy visit, then you should always check out the neighborhoods where the home is located at, so you can see firsthand what is occurring. It is advised to try a few months in a home before you actually purchase it.

Check Newspapers

You should check newspapers daily for homes for sale in Mexico. You can subscribe to Mexico newspapers, because realtors will add new properties. You can check the realtor’s website too as they update new listings daily.

If You Love the Home, then Purchase It

Always listen to your heart. If you love the home in Mexico, then purchase it. You should always listen to yourself and your hunches. If any doubts are in your mind, then simply ask questions. Don’t worry about the small things. When you see your dream home in Mexico, then you will know it.

Mexico’s Real Estate Trends 2015

Published July 30, 2015July 28, 2015 by Pablo D. Elders

Real estate trends are like anything else; they change from country to country and decade to decade in accordance with the economy and society in question. Mexico’s real estate trends in 2015 are entirely different from those in 2005. In order to keep you ahead of the game, so to speak, we’ve made up a list of the recent real estate trends to affect Mexico.

Mexico’s Real Estate Trends 2015

Responsible Lending

The only trend that you could think of as a downward turn for 2015 is the overhaul of the Mexican banking system that’s set to make it more difficult for foreigners to get loans and mortgages with foreign income as a qualifying factor. This means that those people in the strongest position are those who have cash ready, or who already have a job in Mexico. Most reputable developers are beginning to offer developer financing to combat this real estate trend in Mexico.

Smaller and Cheaper Luxury Homes

There has been a trend away from traditional architecture and large houses towards smaller, more affordable condos in a modern, clean cut style. This is especially the case in tourist hotspots like Cancun, Cabo san Lucas, Riviera Nayarit, and Puerto Vallarta. The result is that it’s more affordable to buy a second home or retirement home in these areas without losing any of the touches of luxury and modernity.

Dollar Vs Pesos

The combination of falling oil prices and the growing strength of the dollar mean that the average American family has a little more money in their pockets when you change them into Mexican pesos. This means that you will be more able to take full advantage of the low house prices in Mexico to buy your dream home for much less than back home.

House Prices are Slowly on the Rise but still afforable

The drop in house prices over the last 6 or 7 years is not the only thing that is shaping up to make 2015 a great year to invest in Mexico. The Mexican government has started to focus more heavily on education and the creation of job opportunities which means that this is a great time to be thinking about investing in business opportunities too.

Mexico can offer you gorgeous scenery, great weather, value for money, and a warm welcome! So why not take advantage of these trends and shifts in the real estate market; there really has never been a better time to invest in a new life in Mexico.

Villa La Estancia Residences Explained

Published July 8, 2015July 4, 2015 by Pablo D. Elders

People who live in North America who would like some sunshine during the winter as well as a beautiful place for their second home will find that the Villa La Estancia Residences located in Riviera Nayarit are at the top of their list of desirable properties. The Residences are in Nuevo Vallarta, which is an exclusive area for luxury real estate that is still reasonably priced for what is being offered. Located there is an amazingly beautiful, long beach that is part of Banderas Bay.

Just what is is great about the Villa La Estancia Residences?

These Residences stand out in numerous ways from the rest of the properties in the area. They have superior quality and facilities, the price is right and the location is idyllic. Another bonus is that it is possible to purchase a deeded fractional product so that you can afford a more luxurious property. When you take this route, the equity remains intact so that you may purchase full ownership someday.

Refined Quality

Villa La Estancia Residences in Riviera Nayarit are located on the grounds of Villa La Estancia hotel. This hotel features among the top luxury hotels in all of Nuevo Vallarta. It is of a very high standard having been built from top quality materials and designed with chic lifestyles in mind. People who are seeking an elegant piece of property for their second home will be very pleased. Each of the residences have been decorated extensively, and they are very spacious. You are sure to feel as though you are on a glamorous set of a movie.

Price

Villa La Estancia Residences are priced competitively, and as such, they are a wonderful choice for an investment. Having an opportunity to buy a fraction means that these apartments are incredibly affordable. Choose from a 1/8 or 1/4 deeded fractions in order to have an investment that suits the level of luxury and class you are seeking. You can also select a full ownership option so that you may live in your property as much as you wish.

Luxury Facilities

When you are a resident at Villa La Estancia Residences, you can experience all of the facilities that are offered by the hotel, including resort activities, the pools, beach loungers and non motorized water sports like paddle boarding and kayaks. Just think – you could take advantage of five star hotel amenities such as pools, gourmet restaurants and lush, beautiful gardens like you were living at a hotel.

Unbeatable Location in Riviera Nayarit

Villa La Estancia Residences in Riviera Nayarit are located in the peaceful and exclusive residential and hotel zone of Nuevo Vallarta. It is located near the airport (30 mintues), and is close to Punta Mita, Puerto Vallarta and Bucerias. Enjoy lounging and swimming at the gorgeous beach, which is said to be pristine.

How to Find Great Real Estate in Bucerias, Mexico

Published July 2, 2015July 3, 2015 by Pablo D. Elders

Are you sick of chilly winters back home in the United States and Canada? Well you could try to head down south, and buy an expensive beach house on a Florida shore… or you could head down a bit further and towards adventure in Bucerias, Mexico!

There are many amazing opportunities to be found for real estate in Bucerias, Mexico, and for a smaller price tag than you might expect. Located on the Riviera Nayarit (on the Pacific Coast of Mexico), close to Puerto Vallarta, Nuevo Vallarta, and Punta Mita, real estate in Bucerias, Mexico is a popular choice for those looking to move to a safe and welcoming area of Mexico, and get the full experience.

Benefits of Real Estate in Bucerias, Mexico

Expats choose Bucerias, Mexico for their second homes for many reasons. First of all, Bucerias is a very safe and laid-back area of Mexico. It is host to a large stretch of beach that runs from the luxury hotels of Nuevo Vallarta to La Cruz de Huanacaxtle and Punta Mita, and is one of the most breathtaking regions. Sea level is also somewhat shallow here too, with smaller waves. This makes it a lovely place to walk your dog along the beach, or take a sunset stroll with a loved one.

Another wonderful benefit of choosing real estate in Bucerias, Mexico is that you can find amazing, real estate options in safe and chic condominiums and even on resorts/in hotels. The choice of more luxurious residences within Mexico’s hotels and resorts is a great option for those looking for real estate in this region.

Need yet another reason to choose real estate in Bucerias, Mexico? Well, you’ll never be bored. There are a large array of activities to choose from here, including golfing, fishing, diving, and even whale watching (during a certain season – November through March). You can also trot about on a horse, shop at a farmer’s market, visit a turtle sanctuary, and dine and drink and style at some of the many eateries and bars in Bucerias and the surrounding areas. Head to nearby Puerto Vallarta or Punta Mita for chic nightlife as well.

For more info about real estate opportunities in Bucerias, Mexico, check out the full and fractional real estate opportunities available on-site at the 4 Diamond Hotel, Villa La Estancia, Riviera Nayarit.