Do you find yourself getting serious about investing in Puerto Vallarta real estate and want to educate yourself? Thanks to its great year round weather, beautiful beaches and bay, and endless restaurant and shopping options, Puerto Vallarta real estate is becoming a hot ticket item for individuals wanting to own property in Mexico. Continue reading below to learn more about the real estate process and some tips for buying Puerto Vallarta real estate.
This question has often confused many foreigners that believed that they could not own land in Mexico close to the ocean. Although it is true that the Mexican Constitution stipulates that foreigners cannot directly own land within 100 kilometers to the border, or 50 kilometers along the coastline, there is a legal work around that is a simple process. By establishing a bank trust, also known as a Fideicomiso in Spanish, non-Mexican citizens can own Puerto Vallarta real estate. Similar to the process of obtaining a title, you have to create the trust if you want to purchase land close to the water or border. The trust is established for up to a maximum term of 50 years, and will be automatically renewed after the term ends for another 50 years. The bank essentially becomes the legal owner of the property, but the buyer/beneficiary has exclusive use and all the standard benefits of a direct owner. A notary can assist you in the process of establishing a trust, and therefore foreigners are able to have the same ownership rights as Mexican citizens, and enjoy Puerto Vallarta real estate for many years to come.
Yes, there are two different MLS systems you can use if you are searching for Puerto Vallarta real estate. The local MLS system is called MLS Vallarta and it was created back in 1989 by Canadian John Youden. It served as the official MLS for local real estate associations in Puerto Vallarta for many years. MLS Vallarta operates as an online resource and tool to simplify the process of researching Puerto Vallarta real estate that is currently for sale, or recently sold. In addition to MLS Vallarta, there is a MLS in Mexico which combines information regarding Puerto Vallarta real estate properties for sale from both individual homeowners and real estate developers as well.
In Puerto Vallarta, there are a variety of different types of real estate options available depending on your specific needs. With everything from vacation real estate, timeshare membership, fractional and full-time ownership, you can decide which type of investment suits your needs. Do you see yourself living in a condominium or condo-hotel with multiple amenities and services at your fingertips? Or do you prefer a single family dwelling with more privacy? It really comes down to what your budget will allow, and what specific needs suit you and your family. Many people find that their preferred Puerto Vallarta real estate is more centered on a condo-hotel where you can have the luxury of owning your own piece of paradise, while also having access to high end services and amenities that would not be possible with a standalone property. After all, owning Puerto Vallarta real estate is the first step to creating your dream life and enjoying each moment to its fullest. Many people realize that the burden of maintenance and upkeep to a standalone property takes away from relaxation time that they are so desperately seeking.
One huge benefit of Puerto Vallarta real estate is that there truly is something for everyone. With a dazzling blend of beach and mountain views, there are many neighborhoods and areas to consider along the Banderas Bay coastline. Do you see yourself living downtown in the hustle and bustle of city life? Or would you prefer a more tranquil existence nestled among the Sierra Madre jungle with the sparkling Pacific Ocean in front of you? For those looking to enjoy spectacular views, luxurious finishes and close proximity to downtown Puerto Vallarta, Garza Blanca real estate offers everything they could ever dream of. Just a short drive from downtown Puerto Vallarta, you can enjoy the quiet and privacy in your luxury beachfront residence, and enjoy exclusive access to the high end services and amenities that has made Garza Blanca the top luxury resort in the region. Located on an expansive and lush 8 acres, Garza Blanca Preserve is home to both the award-winning Garza Blanca resort and the Five Diamond Hotel Mousai. This exclusive private community that combines upscale residential ownership and luxury vacation experiences into one with amazing beachfront residences and oceanfront residences. With Puerto Vallarta real estate that includes beachfront and mountainside options, Garza Blanca residences are designed to embrace nature and take advantage of indoor and outdoor living that Puerto Vallarta is known for. You will not tire of the gorgeous views from the expansive terraces at Garza Blanca with retractable, seamless sliding doors that allow owners to become one with nature while enjoying the privacy and comfort of their own home.
Check out https://www.garzablancarealestate.com/ to learn more about what awaits you with an investment in the award winning Garza Blanca, a premiere Puerto Vallarta real estate ownership opportunity. What are you waiting for? The time is now to enjoy life to its fullest…you deserve it!
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