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Sunday December 17 2017
Current index

Impact of U.S. Real Estate Recession on the Mexican Caribbean

8 Top professionals share their views on the future of real estate in the Riviera Maya. Annual existing U.S. home prices have declined steadily since their peak in mid 2006. The year-over-year drop in median sales prices since 2006 has represented a dramatic turnaround in fortunes for the once high-flying housing market, which posted double-d...

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Invest in Playa del Carmen Today... and Realize the Benefits Tomorrow

Playa del Carmen is the fastest growing city in Latin America. And the Riviera Maya is the fastest growing tourist destination anywhere in the world! With those two factors, it is easy to understand why investment opportunities in real estate in this area are booming. Tourism in Playa Del Carmen is now one of the fastest growing coastal towns in...

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Acquiring Real Estate for Less than an SUV

First let me start off with a disclaimer by saying I am writing this to be more informative than “salesy”; yes my purpose is to inform you about something and for your general entertainment purposes. Some of you reading this will find it very important to you and some may just find it interesting. Either way, I want to share with you the stor...

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Two Towns, Two Worlds: Ixtapa & Zihuatanejo

The key to understanding the difference between the two towns was made clear to me by a cab driver while sitting at a busy intersection. The driver turned to me and said in emphatic Spanish, “Ixtapa is for the tourists. But Zihuatenejo is ours.” Situated a few miles apart on the Pacific coast in the Mexican state of Guerrero, Ixtapa and Zihu...

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Legal Aspects of Owning Real Estate in Mexico

In general, the Mexican Constitution enables foreigners to acquire direct title to land without restriction, provided they agree in writing to be bound by Mexican law as to matters regarding title. However, restrictions set forth under the Constitution (Art. 27) along with its foreign investment law, forbid foreigners from acquiring direct title to...

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De Punta Quality - Interview with Jose Ignacio Muñoz

“When a company knows its mission, it will be able to fulfill all of its dreams, as vain or simple as they may seem.” Those were the words of Jose Ignacio Muñoz, the founder that traced the path for De Punta Construcciones, a Mexican real estate company growing quickly in the second home market. His goal is to develop creative, state-of-th...

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Dealing with Labor Laws in Mexico

Mexican Labor Laws differ from those in the US and are more heavily weighted towards protection of the employee. As an employer, here are some advice on protecting your interests. Most foreigners who come and live in Mexico think they can hire and fire an employee “just like back home.” This line of thoughts can only bring situations that...

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Baja Real Estate Market Overview

In the state of Baja California Sur, there are a lot of new developments as well as older ones that are finally being finished. Once again the question is what is really selling and what areas are finally going to see the development that has been promised to happen for years. Areas like Loreto that had begun their development with FONATUR (Mex...

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Visiting one of the Seven Wonders of the World & Beyond

If you are visiting the beautiful state of Yucatan, you should definitely consider visiting two of the most scenic ruins in the world: Chichen-Itza and Dzibilchaltun. Chichen-Itza Overview Recently named one of the Seven Wonders of the World, the famous Mayan pyramids of Chichen-Itza are over 1,500 years old and are located only 75 miles f...

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