Jalisco is the seventh largest state in Mexico, accounting for 4.1% of the country’s territory. It has 342km of ocean coastline and borders 7 states. (Nayarit, Zacatecas, Aguascalientes, San Luis Potosí, Guanajuato, Colima and Michoacán.) Jalisco is diverse terrain which includes forests, beaches, … [Read more...]
Property Taxes in Mexico – Linda Neil Properties, Baja California Sur
Just as in any other country, Mexico depends upon income from the annual tax on property to keep local governments functioning and provide important local services for the region. The good part is that the annual tax assessed on Mexican properties is often less than it might be for property in many … [Read more...]
Why Seniors Buy Mexican Real Estate in Puerto Vallarta and the Bay of Banderas In Spite of Issues
Why Seniors Buy Mexican Real Estate in Puerto Vallarta and the Bay of Banderas In Spite of Issues 1. All have major health care options in their home countries. There is no expectation that they will receive these national health plans in Mexico. However, most have the option to buy insurance here … [Read more...]
Applying The New Math for Retirement in Mexico By Jim Donahoe
The “baby boomer generation’s” dreams of retiring to and maintaining a comfortable lifestyle in a great paradise location (like La Paz) has come to realization. Retirees are heading down to Mexico to take advantage of reasonably-priced health care, food, transportation, entertainment, travel and … [Read more...]
PURCHASING YOUR DREAM HOME IN MEXICO
MEXICO is an exciting place to live for those who are retiring, for those who are working from home on a computer link with their company, for those who are looking for a vacation home or an outstanding investment... above all, for those who dream of a better quality of life! HOME ... the word … [Read more...]
Test Yourself on Mexican Facts – by Harriet Cochran Murray
1. Mexico is the largest Spanish-speaking country in the world. What is the the most spoken indigenous or dialect language? a. Mayanb. Zapotecc. Nahuatl 2. What description below best fits an example of Spanglish? a. A truck is: “an una troca”b. A book is: “el libro”c. Estoy is: “I am” 3. … [Read more...]
Ejido Land in Mexico
There is increased demand for building lots in the Bay of Banderas, continuing up the Pacific coastline. The question of private versus ejido land comes up more frequently. There are cases where unsuspecting foreign buyers are “talked into” buying ejido land in the name of a prestanombre (straw … [Read more...]
6 Big Time Mistakes That Cost You Money When Selling Your Home by Harriet Cochran Murray
#1 The top mistake occurs in the pricing of homes offered for sale. Sellers tend to base current market value on the following: 1. The original price 2. Added improvements 3. Cost of replacement Pricing should be based, instead, on a total market overview which includes sales price data … [Read more...]
Strategy & Supply in a Changing Market – Harriet Cochran Murray
Strategy & Supply in a Changing Market Summary of a Pricing Strategy in Today’s Market by Harriet Murray Cochran This letter was sent to a seller who needed evaluate the position of their property in the Puerto Vallarta market in June of 2008. It is interesting to compare what has changed … [Read more...]