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Sunday December 17 2017

Real Estate
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Current State of Mortgages in Mexico

As the financial markets in the United States and elsewhere in the world continue to flounder, it is only natural to wonder how this is affecting the mortgage lending market in Mexico. The bottom line is that the mortgages in Mexico are still readily available. The lending market is stable, and our lending sources are looking for more business, n...

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Buying New Construction: 9 Questions to Ask the Developer

When considering buying real estate from a developer in Mexico, it is important to understand the differences between how you might be accustomed to buying new construction in your country of origin, and what is common and legal in Mexico. Specifically, there are financial and title transfer considerations that you should take into account when buy...

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20 Years in Town: Interview with Tim Sullivan

Ventana Magazine recently interviewed real estate broker Tim Sullivan, owner of IXTAPA REAL ESTATE in Ixtapa-Zihuatanejo (I-Z). Tim came here in1987, and has been here ever since. In 1994, after having worked the previous 5 years for a few local brokers and developers, he -along with Carmen, his beautiful wife of 15 years- started their own real...

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Tourist Residential Housing in Ixtapa & Zihuatanejo

Location’s Highlights: • The Jose Azueta municipality is one of 81 in the state of Guerrero, in the southwest of Mexico. It is part of the Costa Grande region and its municipal center is the city and port of Zihuatanejo. • Zihuatanejo has undergone a radical change in the last years; one of the main triggers of change appeared in 197...

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Must I Incorporate a Bank Trust or Fidecomiso?

In most cases you do. Remember that the restricted zone only includes land within 50 km of the ocean or 100 km from the border, so if you are buying inland you do not need a bank trust. It is important to keep in mind that the restricted zone and the Bank Trust system are only meant for acquisitions where the main purpose of the real estate is re...

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One Great Combination: Interview with Guillermo Terroba & Jacobo Dib Kuri

While Jacobo is a renowned architect in Mexico with over 45 years of experience in real estate, Guillermo is an experienced lawyer in issues related to real estate and investments. Together, they are partners of one of the most exclusive and sophisticated projects in Puerto Peñasco: Solace Tower. VM: Why Invest in Puerto Peñasco? We vis...

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La Paz, Baja: Perspectives from 2 Experts

Los Cabos, Baja California Sur’s most popular destination, and La Paz’s real estate market offers both long-term growth potential and low prices, with a more authentic Mexican feel. “La Paz is the steady turtle which will pay off in the long run,” in contrast to Los Cabos, which “has a much higher basis and will continue to appreciate be...

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A Great Visionary: Interview with Ron Lavender

He settled permanently in Acapulco in 1954, when the city had 78,000 inhabitants. Then, he launched his real estate career ten years later in 1964 immediately following the expansion of the Acapulco airport to accommodate direct jet service from the United States. From those days until today, he has been Acapulco’s most renowned real estate agen...

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Acapulco Real Estate Market

This beautiful port, as many other tourist destinations throughout Mexico, has various natural attractions, such as its beaches, of which the most important are: La Roqueta, Caleta, Caletilla, Hornitos, Hornos, Condesa, Icacos, Guitarron, Pichilingue, Revolcadero, and Bonfil. There are other interesting sites for visitors, the most important ones b...

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The 2008 Real Estate Transparency Index

A lot of investors find the idea of putting their money in international real estate intimidating because it involves doing business in a different culture, and more times than not, in a different language. In addition, the rules governing real estate markets can be unclear in many countries and can, in a worst case scenario, result in unexpected ...

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Real Estate
Planning to buy a real estate property in Mexico?, discover what you need to know.