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Monday October 16 2017
Current index

Spanish Developers in Latin America

During the past five years, Spain’s real estate market has undergone an unprecedented boom that, nevertheless, has begun to take a toll on companies in that sector. The anticipated slowdown of business at home has begun, and it promises to go further. That is why many business people from Spain have decided to cross the Atlantic and try to repea...

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The Spanish Double Their Presence

In only 2 years, the Spanish have “conquered” the Mexican real estate market, duplicating their investment in this sector from $300,000 to $2. 8 million. According to data released by both the Secretary of Economy and brokerage CB Richard Ellis, the number of Spanish enterprises also increased during the same period, from 8 to 20. The...

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Cabo San Lucas vs San Jose del Cabo

Cabo San Lucas being only two beers away by plane from Southern California is fast replacing Hawaii as the preferred quick-trip exotic vacation and 2nd home buying destination for many Americans. Almost three million tourists travel to Baja California Sur each year visiting its towns, bays, beaches, islands and golf courses for an average stay of ...

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The Financial Innovator - Interview with Edwin Vega from GE Money

After studying Systems Engineering and receiving an MBA from Thunderbird School of Global management in Arizona, Edwin Vega embarked upon a career that eventually led him to the top spot at GE Money Mexico, -General Electric’s Mexico based financial services division-. Edwin talks with Ventana Magazine about the mortage market for baby boomers...

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Short on Cash in Vallarta?

Attention all baby boomers; are you starting to think about retirement but your cash is tied up in 401k´s, IRA’s, pension programs, retirement funds, stock options, or your residence and you’re not quite ready to liquidate any of these assets? Have you been watching retirement properties continue to escalate in price and are concerned that th...

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The Canadian Dollar Goes a Mile

Upon retiring from Houston, Texas more than ten years ago, we were very fortunate to have chosen Puerto Vallarta, Mexico as our retirement destination. Fortunate, because during the past decade, more specifically during the past seven years while the PAN Party has governed Mexico, the Vallarta area economy has virtually exploded with growth result...

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Mortgage Business is Growing

Numerous financing opportunities exist for vacation-home borrowers across the border. Brokers with a mind for details, the ability to handle property, income and legal documentation, and a familiarity with Spanish might consider expanding their business into Mexico. A growing number of lenders offer financing options for a variety of Mexican...

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The Cinderella of the Pacific

Nestled on the shore of Bahía de Todos Santos, Ensenada is Mexico’s second most visited port-of-call for major cruise lines and pleasure boats. Ensenada, Baja (Norte) real estate -homes and developments that are located between Tijuana and Ensenada- has gained popularity over the last few years. Where else can you buy beachfront or ocean vie...

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Visiting Mexican Colonial Churches

The Mixing of Architectural Styles. Some of the many things that can bore me nearly to death, or at the very least put me into a slumber coma, are soap operas, American baseball, American football, most sitcoms, anything having to do with Microsoft and Bill Gates, and listening to George Bush speak. The one thing in the world that never puts me...

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