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Puerto Vallarta Real Estate – How to Make the Dream a Reality


Michael Green, puertovallarta Broker By Michael Green
2012-05-17

For many people, owning Puerto Vallarta real estate would be a dream come-true, especially if they could find the right Puerto Vallarta condo for sale on the beachfront.  The following are some resources buyers can take to help make this dream a reality.

Puerto Vallarta Listings

A first, basic and straight-forward tool to use is online real estate listings. There are good, thorough listings which include many good examples of Puerto Vallarta beachfront for sale.   Browsing such listings allows buyers to get a feel for pricing, see what property styles and sizes are like and begin to get a feel for what property will be the right one for them.  It’s generally a good idea to choose listings prepared by experienced professionals who will find as many good, qualified and safe properties as they can.

Real Estate Deals

Now and then, there are super real deals available on beachfront condos, sometimes offering surprisingly low prices for beautiful properties.  Finding these is the trick; there are online services that focus solely on Mexico real estate deals for Puerto Vallarta and other locations.  Using these means that buyers don’t have to keep going back through all the listings to check if there are price reductions or fire sales.  E-mail notifications also help.

Mortgages and Financing

Many buyers are unaware that they can gain mortgages directly from banks in Puerto Vallarta, meaning that the same property they are using can be leveraged against the mortgage rather than having to tie up home equity in their home country.  There are both advantages and disadvantages to gaining a mortgage in Mexico, but most buyers seeking financing find that it is worth it in the end.  There are also other financing options, most notably short or long term financing from developers for new properties.  Those interested in financing should talk to their agent about so they can help explore the various possibilities.

An Experienced Agent

Since Puerto Vallarta has become a popular expat community, there are also many agents out there.  There are no official requirements for someone to offer agency services, so it’s up to the buyer to make sure they do their homework.  An agent should have experience as well as qualifications such as training courses and membership in the Mexican Association of Real Estate Professional (AMPI, as per its acronym in Spanish.)  The right agent will play a central role in finding the right beachfront property in Puerto Vallarta for the right price.

Making use of these resources, a buyer can feel confident that they will find – at the very least - a suitable property in Puerto Vallarta, a reasonable price and safety in the purchasing process.

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Region:  Puerto Vallarta real estate by Michael Green, an expert on Mexican real estate contract law, Green is active in national and state realty boards.  Green's excellent service record both in Puerto Vallarta and the U.S, combined with an old-fashioned work ethic and an intimate knowledge of Puerto Vallarta's luxury market, make him the ideal person to consult for real estate transactions. You can contact him at (512) 879-6546.

 

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