Monday, December 17, 2007

Don't Buy Property In Playa, before reading this



Playa Del Carmen is a popular getaway and second home destination for Americans and Europeans. Every year many foreigners lured by the scenic beauty of this beach side area are flocking to Playa del Carmen. Naturally, this popularity has resulted in a booming Real Estate market in Playa del Carmen. More and more people are dying to buy Playa del Carmen Real Estate.

Though, real estate in Playa del Carmen is a very lucrative and good long term investment, many factors have to be considered before buying Real Estate in Mexico.

There is a misconception that foreigners cannot buy property in Mexico. This is NOT true! Any foreigner or Mexican National can establish a Fideicomiso (the equivalent of an American beneficial trust) through a Mexican bank to purchase real estate in Playa del Carmen or for that matter anywhere in Mexico, including the Restricted Zone. For practical reasons, even in unrestricted zones, many foreigners, and Mexican Nationals for that matter, prefer to hold their property under a Fideicomiso.

To do so, the buyer requests a Mexican bank of his choice to act as a trustee on his behalf. The bank, as a matter of normal course, obtains the permit from the Ministry of Foreign Affairs to acquire the chosen property in trust.

The Fideicomiso can be established for a maximum term of 50 years and can be automatically renewed for another 50-year period. During these periods you have the right to transfer the title to any other party, including a member of your family.

The bank becomes the legal owner of the property for the exclusive use of the buyer/beneficiary, who has all the benefits of a direct owner, including the possibility of leasing or transferring his rights to the property to a third party or pre-appointed heir.

The trustee is responsible to the buyer/beneficiary to ensure precise fulfillment of the trust, according to Mexican law, assuming full technical, legal and administrative supervision in order to protect the interests of the buyer/beneficiary. Fideicomisos are not held by the trustee as an asset of the bank.

Another alternative is to purchase non-residential property through a Mexican corporation, which under certain conditions can be 100% foreign-owned, with a provision in its by-laws that the foreigners accept being subject to Mexican laws and agree not to invoke the laws of their own country. Also, they agree that the mexico real estate acquired be registered with the Foreign Affairs Ministry and be used for non-residential activities. In other words, under these conditions foreigners can directly acquire properties destined for tourist, commercial and industrial use.

Cancun MLS Online


When searching for Cancun MLS online, you should look for the best features that an MLS site has to offer – convenience, organization, options, filters and information. You should try to find a site that is truly everything you will ever need when looking for Cancun MLS online. You should be able to easily navigate through Cancun Mexico real estate searches and find exactly what you are looking for.

The Cancun MLS online site that you rely on should feature specialized Mexico real estate agents who can help you find the property you are looking for along the Riviera Maya and throughout Cancun . Once you find the right site, really take your time to search Cancun MLS online in order to determine every option that is available to you as a buyer or a seller of a property. Cancun MLS online should allow you to search all homes available for sale in the area easily and without a lot of hassle. In addition, sellers should find real estate agents who offer them maximum exposure along with the professional services you deserve and should come to expect. Regardless, the Cancun MLS online should help you find the finest real estate available within your budget.

If you are thinking about selling your Cancun condo or home in the next few months, you should consider using Cancun MLS online options to do so. Yeah, a sign in the yard won't hurt, but there is no comparison between that old school method of selling a property and the new options offered by Cancun MLS online. This service is free and is designed to help not only sell your property but also to establish the current market value of your Real Estate in Cancun . Simply fill out a bit of information and you will quickly be in business – on the road to selling or buying your dream home in Cancun !

Wednesday, October 31, 2007

Buying Property in Puerto Vallarta


There are many reasons why you should seriously consider buying Puerto Vallarta real estate, but it will ultimately come down to both personal choice and individual circumstances. One thing's for sure, however, before buying, you need to decide what your reasons are for looking at Puerto Vallarta real estate. Are you planning to live in Mexico for a long time and therefore you view a long term rental as a waste of possible equity? Are you looking for an overseas investment property that will provide a handsome rental income while also providing you with a vacation home whenever you can get away? Is your company looking for a new location, second headquarters, and warehouse or manufacturing facility?

Whatever your reasons for looking at Property in Puerto Vallarta, it is important to realize that it can be a very smart investment. For one thing, property values in Mexico have been consistently going up every year, just like they do almost anywhere else – as we know, one thing that is NOT being manufactured is more land. However, property values of Puerto Vallarta real estate do not typically appreciate as quickly as they do in the U.S. , Europe, Canada and other ‘developed' countries, making it a value for buyers from these other nations at almost any given time. In addition, as with any property, the true appeal and value of property in Puerto Vallarta, Mexico comes down to one thing only – location!

This brings us to another important thing to think about when you are looking at Puerto Vallarta real estate is the state of development in the immediate vicinity as well as the surrounding governmental infrastructure of the whole entire area. Some areas are much more developed than others, while some are hardly developed at all. While property values will be cheaper in underdeveloped areas, be careful when you are looking at these sorts of locations in the purchase of real estate in Puerto Vallarta.

Wednesday, October 24, 2007

Cancun MLS Search


Mexico Real Estate
Puerto Vallarta Real Estate
Playa del Carmen Real Estate

Have you been seriously considering the possibility of purchasing Real Estate in Cancun or the Riviera Maya? If so, you should know how to find an excellent Cancun MLS search. Maybe you have been thinking about retiring in Cancun at a beach front condo or a home, or perhaps you are just thinking about purchasing a second home or a Real Estate investment like a rental property. Either way, you will definitely want to find a safe and relaxed location amidst the gorgeous tropical weather, white sand beaches and warm Latin atmosphere that characterize Cancun and the Riviera Maya.

It is absolutely essential that you conduct an extensive Cancun MLS search if you are considering buying a property in Cancun, and you should definitely look for websites that feature the best Cancun MLS search that you can find – that is, look for websites that give you the most options (more places to look at) compared to their competitors, as well as more images and specific property information than other sites. The Cancun MLS search that you rely on should also be very easy to navigate with excellent filtering options and should also give you a list of the most specialized and experienced Real Estate agents in Cancun and the Riviera Maya to work with. A good Cancun MLS search should also present you with hundreds or thousands of the absolute best homes, condos and land for sale in the region. The only way you will know if you are looking at the best Cancun MLS search is to compare and contrast different sites and see which ones are the best for your needs. This is not something you will want to rush into anyway, so take your time and chances are you will find the perfect Cancun MLS search for you!

Wednesday, October 17, 2007

Cancun Real Estate Investing

Are you trying to decide on a great Cancun Real Estate investment opportunity? Do you sometimes feel overwhelmed by all the possibilities out there? If so, take a minute to learn about the various basic possibilities for real estate investments in Cancun.

Cancun is one of the most beautiful places on Earth and offers residents and vacationers alike access to ancient ruins, miles of gorgeous white sand beaches, five star resort hotels, shopping, nightlife, amazing restaurants, recreational adventures and limitless real estate investment opportunities.

In general, when it comes to Cancun real estate investment opportunities, beach front and residential resort properties tend to have the greatest demand for buyers and therefore have been realizing an average appreciation of fifteen to twenty percent every year! If you decide to purchase a beach front residential property in Cancun , you may want to consider doing so in preconstruction, since this will dramatically increase the potential for rapid appreciation when you decide to sell. It is important to remember, even if you miss the preconstruction of a new property, the best Cancun real estate investment opportunities are almost always for the early buyer, so don't wait too long if you're on the fence about whether or not to invest in a new piece of real estate in Cancun!

The reason for this fact is simple – developers of Mexico, Cancun Real Estate rely upon sales of new properties, preferably before construction, but also during construction or directly after construction is completed. As a result, developers offer enormous incentives to the early buyers who help them get a new real estate project off the ground by putting up money preconstruction, or by supporting them during or directly after construction during the initial sales phase.

Whatever you decide to do, it is important to know all of your options when looking at the many great Cancun real estate investment opportunities!

Tuesday, October 9, 2007

Mexico Real Estate Articles


The Leading Mexico Real Estate Marketplace for Vacation Properties & Second Homes Research cities, find local experts, search Mexico Real Estate listings for vacation, retirement, investment in Mexico. Mexico Best Buy is the leading real estate listings source for vacation homes, investment homes, mexico beachfront properties for sale and retirement homes, matching vacation home buyers with Mexico real estate agents.

Search free Mexico Real Estate listings in all Mexico for second homes, Condos, Villas, Mansions, Lots/Land, Commercial, Hotels. Access real estate tools and articles to make informed purchase decisions on vacation homes, investment homes and retirement homes in Mexico.

Monday, September 3, 2007

Buying Property in Puerto Vallarta? How to Find The Right Agent?

Puerto Vallarta is one of the best tourist locations in Mexico. It has everything one would want in a world class tourist destination. It will provide you with breathtaking beaches, great restaurants serving the most mouthwatering food, and a vibrant cultural scene. Tourists can also enjoy the water activities, the vintage appeal and old Mexico charm of Puerto Vallarta. It boasts of world class amenities and the attractions that will tempt and entice to stay there for ever forever. Yes, now you can. You can own a property in Puerto Vallarta like countless Americans, Canadians and Europeans have done. Everyone wishes for a risk free real estate investment. Now your wish can be fulfilled. You will be able to have a great time on vacation in Puerto Vallarta whenever you feel like and rest of the time your Real Estate investment in Puerto Vallarta will keep earning you money in rental. You may choose any type of property; it may be a condominium, fractal or timeshare.

Though, buying Real Estate in Puerto Vallarta sounds tempting, a potential owner has to be careful as is the case with all major real estate transactions. What you can do to help yourself is to roam around the beautiful city, immerse yourself. Find out which location you fancy. What sort of property would you like? Get to know all the property options you have.

The next step will be to find a local real estate agent in Puerto Vallarta who can assist you in this Endeavour. A real estate agent will help to find the right abode for you. Always choose real estate agents who are involved in all stages of the transaction from beginning to end and takes commission only when the sale is realized. The real estate agent may decide to keep few important things hidden from you. Therefore, you should investigate the property before the purchase. Self education is very important in real estate matters.

Make sure the Real Estate agent is familiar with the locality. Real Estate agent or the firm should be a known figure and should have a good reputation. Your friends familiar with the area or your lawyer can be of great help while choosing a Real Estate agent in Puerto Vallarta . The simplest way to know about the real estate agent is to do research on internet. Most of the real estate agents have well maintained websites that can give you ample information about the areas of information, services, fees, and list of properties for sale. It is also advised t to find a real estate agent who is an AMPI member.

Keep these points while hunting for your dream abode in Puerto Vallarta and you will surely get one.

Friday, August 31, 2007

Real Estate Opportunities in Puerto Vallarta


Puerto Vallarta
is one of the Jewels in Mexico's crown. Puerto Vallarta has everything to offer: Beautiful beaches, great restaurants, accommodation for tourist with every budget, lots of options for entertainment, vibrant art scene, excellent shopping centers and loads of sports and leisure activities. Therefore it's not surprising that people from all over the world especially USA and Canada are thronging to Puerto Vallarta. Puerto Vallarta is getting popular as a second home option for regular visitors.

This increase in interest has resulted in spurt in demand for Puerto Vallarta Real Estate.

Real Estate in Puerto Vallarta also commands good price because of various reasons. Not Only Puerto Vallarta has scenic locales, excellent amenities, cultural attractions, it also provides good return on investment. Good investors are buying Real Estate not just for their own vacation purposes but also for income that come from renting out their properties throughout the year. There are lots of options to choose from. Puerto Vallarta offers condo, villas etc for people who want to have second homes. For reliable and most current Puerto Vallarta listings there are sites like MexicoBestBuy.com

Puerto Vallarta has many exciting real estate developments. One of them is Nima Bay.

Nima Bay is a revolutionary concept focused to be the best real estate development in Puerto Vallarta. Nima bay will consist of eleven luxury towers comprised of 227 condominiums with an exclusive corridor of boutiques and shops. Nima bay has been designed by Central de Arqiotectura. Nima Bay promises high end luxury living to Puerto Vallarta as never seen before. The condominiums offer both exquisite design and the best amenities and services. With a location right in Marina Vallarta, the project offers spectacular views to the Pacific Ocean, Marina and the Golf Course. Nima Bay will feature one, two and three bedrooms units and penthouses with roof gardens included.

Buyers will get full ownership of the condominium and will have all the right to rent it. Nima Bay's management can also help you in this process.Nima Bay has an assured financing with BBVA Ban comer, the largest bank in Mexico, which is conducting the systems of BI-NATIONAL credit for the mortgages in Mexico.

Friday, August 24, 2007

How To Find A Real Estate Company In Puerto Vallarta

So, now you have decided to buy Real Estate in Puerto Vallarta . Puerto Vallarta has plenty of reasons. It may have been a purely an investment reason. Puerto Vallarta Real Estate is booming like never before and offers a great risk free investment opportunity. Or it may be that you may have been enchanted by Puerto Vallarta's beauty and traditional mexican flavour. And you may want to buy a second home in Puerto Vallarta to come back year after year.


Whatever you reasons for Buying Real Estate in Puerto Vallarta, now your next step will be to choose a competent and honest Real Estate Company. This is easier said than done specially when we are talking about foreign countries. While choosing a Real Estate agent/company these few tips may come in handy. First of all, the Real Estate Agent should be from Puerto Vallarta. A Real Estate Agent familiar with the area will be of more help. He (or she) will be able to find the property best suited to your budget, choice and lifestyle. Take notice on how prompt they are in responding to your calls and queries. One way to find better Real Estate agents is to go to known and popular Real Estate franchises which are run independently. They have a particular advantage since they are backed by big names and also have local people having in depth knowledge about Real Estate market in the Area. .

Another way to find Real Estate agent is by word of mouth. Friends, lawyers and acquaintances familiar with the area can be of great help. Another way is to search on Internet. Reputed Real Estate company will more often than not have websites with services, area of operation, Property listings and contact details.

Also it helps if the Real Estate agent is certified and associated with know agencies like RMRE, AMPI, REALTOR etc. To summaries when searching for a Real Estate Company in Puerto Vallarta the thumb rule is that Real Estate company or agent should be well versed with the area, should be well known and trustworthy.

Tuesday, August 21, 2007

What is a Condo Hotel ?


Condo Hotel
is a residential building that is used both as a condominium and a Hotel. Though Condo hotels are not a new concept, they are getting increasingly popular with each day. The reasons behind their popularity are not that hard to find. Hotel developers are finding it difficult to get finance for the hotel projects and development projects are increasing. In this scenario, it makes perfect sense for hotel developers to sell condo units of their hotels to individuals rather then fund the whole hotel with their own money or loans. For Condo unit owners, it gives them a chance to own a private residence in a Five star hotel with an option to earn money as rental. Condo Hotels in Mexico are an excellent risk free investment opportunity in today's low interest rate and volatile stock market scene. Condo Hotels generally feature star class amenities and are located near a popular vacation destination. Every big player in the hotel industry is now enterin in this highly popular and lucrative business. A condo units owner can stay there whenever he likes and for the rest of the period, he can place unit under Condo Hotel Management's rental program. Condo Hotels management markets individual investor's condo unit as a hotel, handles reservation, takes care of the front desk and maintenance. In exchange, the hotel management gets a part of the revenue from the rental. Many developers offer an array of hotel services available to condo hotel unit owners like valet, concierge, maid and spa services, restaurants etc.


Playa del Carmen is a vibrant beach-side city located on the coast of the Caribbean Sea. It's a base from which Mayan Reviera can be explored. It has unspoiled white sandy beaches and clear caribbean sea. It's very popular with American and European tourists. Many of whom also buy second homes here in Playa del carmen. Condo Hotels in Playa del Carmen are really good options. Real Estate in Playa del Carmen is booming every year. And therefore properties appreciate every year. There are lot of options when it comes to buying Condo Hotel in Playa del Carmen. The Fives By Karisma, Aleda Thai, pueblo to Escondido, Viceroy Mayakoba are few of the condo hotels that provide world class amenities along with great location and services.

Condo Hotels in Playa del Carmen - Vacation Homes that make great investment

Mexico Real Estate
Playa del Carmen Real Estate
Puerto Vallarta Real Estate


So you like to travel, love sun and sand? Then, invest in Condo Hotels in Playa del Carmen. Not familiar with Condo Hotels? Continue to read further.

Condo Hotels are usually luxury Properties in Playa del Carmen, Mexico in beautiful locations. They are most often near beaches, golf courses, theme parks and vacation destinations. Most condo-hotels are equipped with world class amenities and services that are 4 star or better. Spas, pools, conceirge, Restaurants are few of the amenities that condo hotels may feature.

As expected these world class condo hotels don't come cheap. So how are they better than Hotels? What's their USP?

When you buy a condo hotel unit, you can live there whenever you would like. When you are not staying there, you can place your unit under Condo Hotel Management's rental program. And you will get a certain percentage of the rental revenue. All the maintenance of the property is taken care of by the Condo Hotel. Even Renting is handled by Condo Hotel Management. Many Condo Hotels even have online renatl Management program. This enables the Condo hotel unit owner to keep tab on the rentals etc.

Playa del Carmen, Mexico is one such hot Condo Hotel destination . Playa del Carmen is a popular tourist destination and it's real estate market is expanding all the time. It has some of the most sought after Condo Hotels in Mexico.

One such property is Pueblito Escondido. It is a is a luxury complex located in the core of Playa del Carmen, a few steps from the 5th Avenue where all the activity and fun takes place and only 100 feet from the beach. Pueblito Escondido condo hotel features many incredible amenities, services.

Pueblito Escondido is located close to the beach. The units have 2 bedrooms, balcony and private terrace. It also features luxury pool with Pub Bar on the first floor.

Another prime Condo Hotel is Viceroy Mayakoba. A refined haven of 110 new 1,500 square foot luxury villas woven along the Caribbean coastline, lagoon waterways and a championship Greg Norman golf course, Viceroy Mayakoba offers its discerning guests an unparalleled opportunity for a departure from the ordinary.

Kor Hotel Group's distinctive portfolio, recognized on prestigious media lists such as Travel + Leisure's “Great Escapes,” Departures' “Readers' Favorites Survey” and Condé Nast Traveler's “Hot Lists,” includes flagship Viceroy Santa Monica and Viceroy Palm Springs; Maison 140 and Avalon Hotel in Beverly Hills; and the forthcoming Chamberlain in West Hollywood and Viceroy Anguilla Resort & Residences in the British West Indies.

Wednesday, August 1, 2007

Viceroy Mayakoba- Ultra Luxury Real Estate in Playa del Carmen


Mexico Real Estate, Playa del Carmen Real Estate, Puerto Vallarta Real Estate



Playa del Carmen is a city on the coast of the Caribbean sea. It has beautiful clean white sands. Playa del Carmen is a developed city with all amenities like banks, money exchanges, pharmacies. This makes Playa del carmen also an Ideal place to buy second home not to mention a sound Real Estate Investment option in Mexico. It is projected that a rising inventory of new homes in the American market, along with a continued increase in the Federal Interest Rates during the spring of 2006, will suppress overall real estate appreciation throughout the USA. But Mexico Real Estate is booming all the time and will continue to do so for many coming years. Playa del Carmen Real Estate is one of those destinations which presents ample opportunities for serious Mexico Real Estate investors to buy and sell properties. One of the most lucrative and safe investment option is buying a villa. Playa del carmen has some of the most beautiful luxury villas to choose from. Topping the list is Viceroy Mayakoba.

Luxury hotel and resort operator Kor Hotel Group extends its signature Viceroy brand's innovative blend of imaginative design, exceptional amenities and personalized services into Mexico with the debut of Viceroy Mayakoba.

A refined haven of 110 new 1,500 square foot luxury villas woven along the Caribbean coastline, lagoon waterways and a championship Greg Norman golf course, Viceroy Mayakoba offers its discerning guests an unparalleled opportunity for a departure from the ordinary.

Kor Hotel Group’s distinctive portfolio, recognized on prestigious media lists such as Travel + Leisure’s “Great Escapes,” Departures’ “Readers’ Favorites Survey” and Condé Nast Traveler’s “Hot Lists,” includes flagship Viceroy Santa Monica and Viceroy Palm Springs; Maison 140 and Avalon Hotel in Beverly Hills; and the forthcoming Chamberlain in West Hollywood and Viceroy Anguilla Resort & Residences in the British West Indies.

Thursday, July 26, 2007

New Luxury Residential Complex in Cancun : LAHIA

Cancun, Mexico never fails to surprise it's admirers. Be it's beautiful beaches or best of Mexico Real Estate. Cancun not only boasts of natural scenic beauty but also marvellous man made structures. Cancun's stunning beaches must be seen to be believed: silky smooth sugar-white sand, lapped by the turquoise and emerald waters of the Caribbean. Now, you also can have a luxurious abode in this paradise. The latest in it's offering is LAHIA “OCEAN LAGUNA RESIDENCES + SPA” , is a full ownership residential condominium complex with Gran Turismo quality and services. Lahia will be a jewel in the crown of the Cancun Real Estate market.

It boasts of 140 m of Caribbean Mexico Beachfront. Five Towers with 166 apartments. 10 Exclusive 2-level penthouses. There are 8 luxurious villas. It has large common areas that have gardens, lawns, children games, tennis courts, swimming pool, private streets, Palapa Bar, Outdoor reception area, Spa, Sky rom, 232 parking slots and security controlled access.

The high standard of construction and architectural quality ensures that building will withstand winds up to 300 Kph. The windows used are certifies to withstand 250 kph using tempered and/or layered glass. The complex is protected by a reinforced concrete containment wall with deep pile foundation running along the entire ocean front of the property. To minimize the risk of flood damage the parking area is located above street level. Similarly, the lobby, swimming pools abd gardens are protected from any type of flooding since they are located 6-7 m above sea level. The buildings are also equipped with emergency power generator for common areas. Each level is equipped with Fire hoses and extinguishers. All the buidlings are completely secure with controlled, 24 hr security throughout the year. All apartments are linked through Intercom.

Lahia has 5 Towers :-

Tower 1 “Agua”
Contains two apartment types per floor, the “01” “Breeze” Category (12 apartments), and the “02” “Wind” Category (10 apartments). There is also a two level villa on the lower floor and 2 two-level penthouses on the topmost floors, in addition to common areas.

Tower 2 “Mar”
Contains two apartments types per floor, the “01” and “02” “Breeze” Category ( 24 apartments ), also contains 2 to floor villas on the ground floor and 2 penthouses on the topmost floors, in addition to common areas.

Tower 3 “Fuego”
Contains two apartment types per floor the “01” and “02” “Breeze” Category ( 24 apartments ), There is also 2 two-floor villas on the ground floor and 2 two-floor pehthouses on the topmost floors, in addition to common areas.

Tower 4 “Aire”
Contains two apartment types per floor, the “01” “Mist” Category ( 12 apartments), and the “02” “Cloud” Category ( 12 apartments ). There is also 2 two-floor villas on the ground floor and 2 two-floor penthouses on the topmost floors, in addition to common areas.

Tower 5 “Tierra”
Contains two apartment types per floor, the “01” “Mist” Category ( 12 apartments ), and the “02” “Cloud” Category ( 12 apartments ). There is also 2 two-floor villas on the ground floor and 2 two-floor penthouses on the topmost floors, in addition to common areas.


Lahia has the following types of Apartments :-

1) “Wind” Category - 206 m 2 (Agua and Mar. Towers ). 3 bedrooms 2 Bathrooms, Kitchen , Living Room, Dining Room, Terrace, Laundry Area, Help's room or den.

2) “Breeze” Category - 232 m 2 (Agua, Mar and Fuego Towers ),243 m 2 (Fuego, Tower, Levels 4 and 5), 3 Bedrooms, 3 Bathrooms, Kitchen, Living Room, Dining Room, Terrace, Laundry Area, Help's room or den.

3) “Cloud” Category - 264 m 2 ( Aire Tower , Levels 3 through 9 and 15), 287 m 2 ( Aire Tower , Levels 10 through 14), 264 m 2 ( Tierra Tower , Levels 3 and 6 through 15),277 m 2 ( Tierra Tower , Levels 4 and 5),3 Bedrooms, 3 Bathrooms, Kitchen, Living Room, Dining Room, Terrace, Laundry Area, Help's room or den.

4) “Mist” Category - 292 m 2 ( Aire Tower , Level 3 through 9 and 15), 292 m 2 ( Tierra, Levels 3 and 6 through 15 ), 303 m 2 ( Tierra Tower , Levels 4 and 5 ), 309 m 2 ( Tierra Tower , levels 10 through 14 ), 3 Bedrooms, 3 Bathrooms, Kitchen, Living Room, Dining Room, Terrace, Family Room, Laundry Area, Help's Room or den.

All units have Built-in kitchen cabinets with a granite counter, neutral color; includes grill, extractor and a sink. Bathrooms have Ceramic toilet and sink in white. Travertine type marble countertop, beige or similar color, includes faucets and shower accessories. Sliding aluminum shower door with tempered glass and white colored ceramic tiles on shower walls. Closets are Modular type made of mahogany or similar pressed wood, varnish or acrylic finish, with shelf and hanger tube, one chest with drawers and shelves for each closet, no doors. Laundry Area is 30 x 30 cm floor tiles white or clear colored ceramic floor tiles. Includes basin and gas fired water heater.

Terrace have 30 x 30 cm floor tiles color coordinated with the apartment, white whirlpool bath.

Floors have white or beige ceramic tiles. Tiles in main areas of measure 40 x 40 cm, and 30 x 30 cm in bathrooms, closets and service area. Includes baseboard.

Doors are drum type smooth plywood with frame, half wall frames, door locks and natural colored varnish finish. Interior walls and ceilings are made of sheetrock and finished with a single coat of beige or clear colored acrylic vinyl paint. Air Conditioning System is based on one or more compressors/condensers, depending on apartment area, located in the laundry area, hidden ceiling ducts and grills.

The apartment prices start at $ 700,000 up to $ 950,000 USD.

If you always dreamt of investing in Cancun Real Estate then here is your chance to get the most sought out Real Estate in Cancun. Don't waste this golden opportunity.

Monday, July 16, 2007

ISOLA CANCUN (Beach front Condos for sale in Puerto Cancun)


Mexico Real Estate, Playa del Carmen Real Estate, Puerto Vallarta Real Estate



Isola Cancun will be the latest address for High luxury Lifestyle in Cancun. Located 8 minutes from down town Cancun is Isola cancun. This will comprise of 5 towers with 20 storey each. There will be a total of 160 beautiful condominiums, constructed over an area of 190,817 sq.ft.

This ambititous project is in Puerto Cancun, a large residential development located in Bay of Isla Mujeres.

Isola Cancun equipped with all amenities and offers the best in high luxury living. Located on Ocean front, it offers a Tom Weiskopf Championship Resort Golf Course, a private marina, a gated single family residential area, 5 resorts and shopping center.

It has unique arcitecture which ensures that each development has absolute privacy and large facades with spectacular views of cancun city, hotel zone and golf course. Each has a direct elevator service to each department. Isola cancun also has garden areas, 2 infinity pools with jacuzzi, snack bar, tennis court and a spectacular view of the golf course. Sound proof units and the windows can with stand up to 250 mph winds. Germany design and the best of the best.

How to Buy in Isola Cancun :- Pre sales are in effect with only 30% down payment and no other payments until completed. All condo units in Isola Cancun will appreciate to more than 300% in less than 3 years. It has free Title insurance and kitchen apppliances. It has been 3 weeks into selling and already 42% sold out for the first tower. If you always dreamt of investing in Cancun real Estate then here is your chance to get the most sought out Real Estate in Cancun. Don't waste this golden opportunity.

Wednesday, July 11, 2007

How to buy Mexican real estate using Bank trust, "Fideicomiso"

Mexico Real Estate is always in high demand especially among American citizens. But there are some laws that any foreigner interested in Buying Real Estate in Mexico should be familiar with. Though under Mexican law, foreigners may obtain direct ownership of Mexican property in the interior of Mexico, foreigners cannot acquire direct ownership of residential property within the area 100 kilometers from the border and 50 kilometers from the coastline. This zone in Mexico is known as the "Restricted Zone". But there is an indirect way to purchase and enjoy Mexican property in the restricted zone through a Bank Trust or "Fideicomiso" authorized by the Government of Mexico. Fideicomiso is the legal equivalent of deeded ownership (commonly referred to in the U.S. as fee simple)

Earlier, foreigners were barred from owning Property in Mexico but With the North American Free Trade Agreement beginning January 1, 1994, the Foreign Investment Act of 1993 was passed by the Mexican congress to promote foreign investment into Mexico. This law allowed foreigners to own 100% of the shares of a corporation and purchase property. As a foreigner, you can acquire irrevocable and absolute ownership rights to Property in Mexico through a 50 year, and can be renewed every 50 years indefinitely, perpetually irrevocable and transferable Fideicomiso Trust. This enabled foreigners, as beneficiaries of the trusts, to legally enjoy unrestricted use of land located in the restricted area.

The Fideicomiso has couple of advantages of the bank trust. One is avoidance of probate and teh second is transfer tax upon sale of Real Estate in Mexico.

How it works. Upon the purchase of Real Estate in Mexico through a Fideicomiso, the Mexican government issues a permit to a Mexican bank of the buyer's choice. The property Title is then delivered to a Mexican Bank which acts a "Trustee". The Bank then designates the buyers as the beneficiary of the trust. The beneficiary now can use the property. The Beneficiary has the same rights to lease, mortgaging, selling, inheriting, willing and improving the land as any other Real Estate owner in Mexico.

What Does a Bank do? There are selected banks that are authorized by the Mexican government to hold the Real Estate Fideicomiso. The process of getting authorization is very strict. The bank reviews property documents to ensure that they are complete and legal. Remember, you can tarnsfer Fideicomiso to any authorised Bank. The Property bought in Mexico under Fideicomiso cannot be expropriated by Mexican Government except for public purpose. In such cases Mexican Government has to pay market price with any interest accrued.

What does it costs? The costs incurred include:-

1) Permit Fees from Secretary of Foreign Affairs, Mexico
2) Registration fees with National registry, Mexico City
3) Annual Administration fees for the first year (depending on the bank)
4) The Bank acceptance Fees
5) 10% IVA tax
6) Closing costs which include the title search, appraisal fees, notary fees for the deed, tax certificate, filing fees, transfer taxes(2% of the purchase price) and recording fees.

Hope this clears lot of doubts from a prospective Foreigner Buyer interested in Buying Real Estate in Mexico. If you still need a few questions answered about how it works, please call us. We will be happy to go over it personally.

Wednesday, February 7, 2007

Mexican Property Financing

Investment in many cases today, most property/real-estate deals in Mexico are cash only. Mexican Banks are now beginning to offer mortgage products for the purchase of real-estate in Mexico, although 30-40% deposits are required and interest rates are not as attractive as those in the US, Canada and Europe.

There are some banks in the US who are now offering mortgages on Mexican Property, but they are usually offered on the back of equity built up in a property in the USA and the rates are higher on the additional loan amount, to reflect the additional risk. Many Americans HAVE mortgaged a house in Mexico using this financial vehicle so it is possible.


Financing inside Mexico is still difficult and relatively expensive, so if you plan to buy real-estate in Mexico you will be well advised to have your own foreign funding available; either through an equity-release scheme or other fund. Some people who are planning to retire to Mexico will sell their house in their home country and use the proceeds to finance property in Mexico; those who want to keep a 'base back home' may release equity from their existing home, rent it out, and use the dual proceeds to fund their retirement home in Mexico.


It's important to think carefully beforehand about how you are going to finance your property in Mexico. An Estate Agent in Mexico may be able to advise you, and some even have connections with financial institutions in the USA who can proffer solutions depending on your personal circumstances.

Monday, January 29, 2007

Guide to Buying Real Estate in Mexico

Buying property in Mexico, whether its land, an Condo or a Villa, can offer great value for money in comparison to prices in the USA and Europe, although prices in some areas have appreciated dramatically in recent years and care should be taken in assessing a property's true value. Mexico's land costs can be lower, building and maintenance is cheaper, cost of ownership (taxes, utilities) is very low and the overwhelming majority of all real estate deals go through legally and smoothly.

The reasons to buy Real Estate in Mexico could be many. Perhaps you will be living in Mexico for some years and you see long term rental as 'wasted' money, or perhaps you're looking for an overseas property investment that will surrender a rental income, while providing you with a place to stay on holiday when you visit.

There are excellent properties located in Playa del Carmen, Cancun, Puerto Vallarta for outright buying or time sharing.

Property values in Mexico tend to increase year-on-year, but in many places (with notable exceptions in popular cities and coastal areas) not as significantly as prices have risen in the US and Europe in the last few years. And as with all property, the relative value and appeal of land and property in Mexico comes down to the three key factors: location, location, location.

Another important factor to consider when buying Real Estate in Mexico is the developed state of local and surrounding infrastructure in the location you're looking at. Not all areas are well developed, and property prices will be cheaper in those that are not. However if, for example, a high speed road is built connecting a previously 'remote' location to other, better developed places, you may see a property investment in that area increase substantially.
Transport infrastructure is improving every year, with most major places now adequately connected, and work continues to connect the more remote areas, but this will take time.

If you're considering the purchase of Real Estate in Mexico, you will need to undertake extensive research, choose your location and property very carefully, and ensure that you hire the Right Real Estate Professionals and that the letter of the law is followed. Thousands and thousands of foreigners have successfully purchased land and property in Mexico.With the right approach and plenty of homework, there is no reason why you should not become one of them if you want to.