What you didn’t know about Real Estate in Puerto Vallarta!

Puerto Vallarta Real Estate has endless wonders to offer to those looking for homes in Puerto Vallarta. Have you ever thought of Living in a wonderful paradise surrounded by breath-taking views, fun activities and great food? Getting away from the hectic and stressful lifestyle? Oh but the dilemma is always the $$ isn’t it! Not anymore!

• Financing options

Until recently financing in Mexico did not make financial sense for US and Canadian citizens. Interest rates were just too high and the amount of money down made just paying cash more feasible. It was also much easier to re-finance a home in the US or Canada and use that money to purchase a home in Mexico with a much lower interest rate on their money. Since the mortgage meltdown in the USA that option is not really available to most people now and the banks in Mexico have realized this.

The banks are now offering more competitive interest rates and programs for foreign buyers. (We will discuss some more about these options in the next blog! So subscribe and stay tuned.)

Your personal Team

This is a great retirement plan option for foreigners who would like to start putting money towards their future retirement in the paradise that is Puerto Vallarta. The prices for homes in Fluvial- Which is one of the BEST and high quality places to live are average $280,000. You can get a great home for around $140,000 which will leave you financing $105,000 and at a 30 year fixed rate loan with a 700 credit score or better the payment would only be $834 per month. The Stock Market is fluctuating on putting money into assets these days.

So think about it… Putting your money into an emerging market and a place that you may want to end up in permanently starts to look like a pretty good retirement plan option.

Next blog (Tuesday most likely) I’ll give you some Relieving Truth and Good news about the following question: “Can I really “own” real estate in Mexico?”

Please be sure to write your Questions and Comments bellow! AND if you liked the Idea of living in paradise check out our Website and our Facebook page for news and deals! Everything related to Real Estate our team can get for you. Houses for rent, for sale in Fluvial Vallarta. Our New Coto Entre Rios Fluvial- Private Gated Community. Houses, Apartments, Appraisals, Trusts, Condominiums and apartments in Puerto Vallarta and Fluvial Vallarta.