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You Can Buy Real Estate In Mexico Safely!

You Can Buy Real Estate In Mexico Safely!Buying real estate in Mexico is safe. If you’ve heard otherwise, you may be operating on old information. Real estate laws in Mexico have changed in the past several years and now offer buyers an unprecedented level of safety and security when buying real estate in Mexico.

These changes have enabled banks in both the US and Mexico to offer mortgages for investors interested in buying real estate in Mexico. Mortgages are available in both pesos and dollars, and offer competitive interest rates.

An added incentive for some buyers is that the tax rates on even the most gorgeous properties are low. The tax rate for a parcel is set when the property is sold and doesn’t change until the property is sold again. This is a great way to keep your tax burden light!

Properties along Mexico’s Pacific Coast, in areas like Puerto Vallarta, are available, but the demand for these properties is high and not all parcels are available for development. To take advantage of the strong growth in real estate values in the Puerto Vallarta area, some savvy investors are purchasing property north of Puerto Vallarta in an area known as the Nayarit Riviera.

The Nayarit Riviera is an area of the Nayarit coast that has been opened for tourist development. The area is pristine and the land is readily available. You’ll find exceptional values when buying real estate in Mexico among the properties currently being offered by sale through Select Mexico Properties. A limited number of exclusive residential building sites are being offered to individual developers. These hillside lots are ideal for luxury homes and provide an exquisite view of the Pacific Ocean and the Sierra Madres.

These parcels have been on the market only a few months and more than one-third have already been sold. The remaining choice parcels represent an excellent opportunity for investors to get in on what could be the best deal in real estate right now. Don’t miss your chance to take advantage of strong growth in Mexican real estate. Contact a Select Mexico Properties sales representative today!

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Posted on Tuesday, August 26th, 2008 at 6:00 am In
Puerto Vallarta properties   Comments RSS

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