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Buying a home in Mexico, House or Apartment
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Picking an Apartment  Apartments tend to have better security and they can give you more light, a better view and (depending on the location and budget) some common facilities such as a pool, tennis courts, gym, gardens, recreational areas and common room facilities. The downside can be the lack of privacy, adjusting to common rules and the fact that in some buildings the parking space is tight and people have to leave their car keys to the valet. Some buildings may look old on the outside but the apartment can be worthwhile. View the inside of the property even if you don't like the outside.
Your House and Home Houses give you more privacy and space. In the appropriate neighborhood, you can easily live in a single house without the need of a guard or security service. Houses can also be found in closed streets or cul-de-sacs, which are gated communities. You should keep in mind that all matters regarding the premises are between you and the owner. Unlike many places in the US, there is no board to take care of the maintenance, gas delivery, receipts, etc. Besides all the considerations listed above, you have to keep in mind that some areas can change over the years. Zoning permits sometimes allow investors to build huge constructions (offices, apartments, shopping malls) in areas that were once considered strictly residential. To learn more about buying a home, make sure you check out our section on buying property in Mexico.
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Mexico Real Estate: Leasing Property in Mexico
Pursuant to the civil codes of each of the states of the Mexican Republic, in order for a lease agreement to be valid, it must be executed in writing. Although the civil codes of the states generally establish the obligations of the landlord, it is advisable that the following obligations be included in the lease agreement that is executed:
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| | Mexico Real Estate: Acquisition of Real Estate for a Business or Company
As was indicated, the restrictions on the acquisition of real estate by foreign individuals, foreign companies, and Mexican companies with foreign investment must be taken into account.
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Along with the above, it is equally important to determine the best location to acquire property in Mexico before making the purchase. In order to make that determination, the following should be taken into account:
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| | Mexico Real Estate: Acquisition of Real Estate in Mexico
Acquisition of real estate by foreign individuals or entities: The right of foreigners, whether individuals or entities, to acquire real estate in Mexican territory depends on the location of such real estate:
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| Mexico Real Estate The Playa del Carmen Experience
The city booms and has been registered as the fastest growing community in all Latin America. What's bringing people and the growth to this specific region of the Mayan Riviera? The main factor is coming from the increase in tourism, the increase in hotel rooms being constructed and therefore increases in employment.
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| | Tax Manifestation - Building a house in Mexico
For those brave souls who are building their home in Mexico, an important part of the process is the Manifestation. This is a notification made before the local property tax department. It signals the termination of the construction and tells the world that the houseis ready to be occupied.
| | Preparing to Sell your Real Estate in Mexico
Buying and selling property can be stressful. Here in Mexico it can be both stressful and challenging, As in any country, if you do your homework and use the service of a professional title service company, life will be easier for you. Unfortunately some sellers don’t have all their title documents in order.
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