You may be asking this question if you’re looking to relocate, and to be frank, there has never been a better time to move to Puerto Vallarta!
You’ve been looking to buy property in paradise but haven’t been able to lock down a specific location. Perhaps you’ve heard friends talk about Puerto Vallarta, or rave about their incredible vacation in this vibrant tropical setting. And after doing some research, you’ve decided Puerto Vallarta might be a great place to relocate to. You can envision walking up to the sounds of the waves, riding your bike through town, and/or exploring the Sierra Madre mountains. Either way, you know paradise is where you want to be. But is it possible? Can you really buy property in Puerto Vallarta?
Questioning the possibility of buying property in Puerto Vallarta is common amongst prospective buyers and those extremely interested in living in Puerto Vallarta and the surrounding areas. Buying property in Puerto Vallarta IS possible, whether you’re an American citizen, Canadian, Mexican national, or from anywhere else in the world! So, whether you are a foreigner or Mexican resident, it is completely legal to buy property in Puerto Vallarta.
However, as a foreigner, there are specific guidelines that must be followed, guidelines that each of our agents here at Coldwell Banker La Costa are extremely familiar with. Our agents are here to explain to you the exact process that takes place when buying a home in Mexico, and of course help you with this process from start to finish. Quite frankly, it is easy to buy property here, but it is wise to familiarize yourself with what exactly buying property in Mexico entails.
Lucky for you, Coldwell Banker La Costa offers guidance before you have even started your search. If looking to do your own research into the topic, check out our Real Estate 101 guide, in which we map out everything you need to know about purchasing property in Mexico, from A to Z. Learn all about how foreigners own property in Puerto Vallarta, requirements, taxes, and so much more.
After reading our Real Estate 101 guide, you may be interested in reading more! The next article to read would be Coldwell Banker La Costa’s Buyers Guide, in which we break down the process of buying a property with us here in beautiful Puerto Vallarta and Riviera Nayarit.
Another crucial part of Property Ownership, as we all know, is taxes. How does property taxation work in Mexico? We’re here to tell you about it. For everything you need to know about property taxation in Mexico, read our Property Taxation article.
Lastly, you may be wondering about financing your dream home. Financing is a wonderful option for those who simply cannot afford to buy in full. Learn all about how foreigners can get a Mexican mortgage and finance their property in paradise, by reading Financing and Mortgages in Mexico.
Buying property in Puerto Vallarta is a safe and smart option if you are looking to relocate to Mexican paradise. It has never been easier to buy property in Puerto Vallarta, with condominium complex after condominium complex being built all over town and homes being put on the market daily. It is completely possible to buy property in Puerto Vallarta and the surrounding areas, whether you are a foreigner or Mexican national. If looking to buy, it is wise to understand exactly how you will be able to buy, especially as a foreigner. It is important to understand the process, and we are here to explain it to you. Let Coldwell Banker La Costa help you navigate purchasing property in Mexico and allow you to find your dream property in paradise. Thousands of foreigners and Mexican nationals alike have brought property in Puerto Vallarta, so what are you waiting for?!