Read this from TheStreet.com
Strengthening Dollar Makes It a Good Time to Buy in Mexico
Expats are paying much less for real estate and many other products because the dollar has gained in strength against the Mexican peso. A 2015 Best Places in the World to Retire study, Expats: Expectations & Reality found that nearly nine in 10 expats cited the lower cost of living as the reason for their moving. Of course, most people don’t move solely because of a lower cost of living. They consider such things as the weather, safety and the availability and quality of healthcare.
This may be a particularly compelling time to consider a move for those who receive their income in U. S. dollars. That’s because of the improving exchange rate between the U.S. dollar and the Mexican peso. It’s becoming cheaper to buy and rent products and services in Mexico.
Let’s say that you want to rent a home for 10,000 Mexican pesos a month. On Jan 1, 2015, you would have had to exchange $674 for your rent. One year later, you would have had to exchange just $579. That’s a more than 14% rent reduction solely due to the increasing strength of the U.S. dollar.
The 10,000 pesos can buy a large, comfortable place, too. Armando Contreras, a Mexican national in the Puerto Vallarta area, said that a recent client is paying that amount for a 3,500 sq ft, 5 bedroom, 4.5 bath villa in a secure community with a gardener and a view of the Pacific Ocean.
The exchange rate works favorably for people purchasing properties, as well.
Mahahual's Real Estate Company
John Fleming & Meeche White
Now is the Best Time to Buy in Mahahual and The Costa Maya
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Welcome to the most experienced legal firm for Real Estate and Corporate Law anywhere on the Yucatan Peninsula. We provide expert legal advice and expeditiously process all matters related to Real Estate transactions in and around Mahahual. Whether you are starting a new corporation, acquiring property through a fideicomiso (a real estate trust), or require legal translation or representation, Ballote & Associates is the company to call. We specialize in helping foreigners to navigate Mexico's real estate laws. (Ask for Luis)
Placer Construction Management
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Mexico's Real Estate Laws
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Contractors / Builders in Mahahual
Buying in Mexico
there hasn’t been a better time to buy in Mexico in 20 years! With the value of the US dollar, you can now buy lots or a home on the ocean for a lot less then years ago. But you better move quickly! With the value of the USD vs the Peso now at 19.00 to 1.00 don’t wait. Many people from the US and Canada are heading to Mahahual to purchase their dream property and the idea of living on the beach. With most of the infrastructure being completed as this is being written, electricity is now being completed in the upscale neighborhoods of San Jose and El Placer just north of the town of Mahahual. Mahahual is the only Cruise Ship Port on the Caribbean side of Mexico.
Nu Vista Real Estate
Greetings from the Playa! Newsletter
NuVista Real Estate is very pleased to report that as of December 31, 2017, the Power2thePlaya electrical grid extending 16 km from Rio Indio to Placer is 100% energized. The north beach community now has access to inexpensive, 'super-green' and clean, hydro-electrically generated electricity. We thank all those who contributed their financial support and encouragement along the way. Your trust and continued faith in seeing this project through to completion has been extremely gratifying.
Power2thePlaya managed to stay on its original budget through the construction process and was left with a surplus that had been pre-planned as a contingency to assure the successful completion of the project. The members of Power2thePlaya intend to use a portion of its excess funds to provide 'seed money' to fund community improvements such as periodic beach road maintenance as well as special trash and beach cleanups along the Rio Indio - Placer corridor.
While it is still a buyers' market in Costa Maya, NuVista has seen a strong uptick in the number of inquiries and property tours we have delivered. It seems as though foreigners and Mexican nationals alike are finally discovering the last gem on the Mexican Caribbean coast in Costa Maya! Our clients repeatedly tell us that they are looking to get away from the craziness of Playa del Carmen and Tulum and seek out the tranquility and natural splendor of our sandy beaches, quiet lagoons and flourishing jungle habitat.
Just Sold by
Nu Vista in Placer
Beach Front Lot Just Sold Nu Vista
Mahahual's Real-estate Company
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