Episode 16 - Insider Tips for Buying Property in Mexico: What Every Buyer Should Know

In this episode of Dream Retirement in Mexico, hosts Risa Morimoto and Taniel Chemsian provide valuable insight for prospective buyers interested in purchasing property in Mexico. They stress the importance of considering rental potential when making a purchase, highlighting the Durham Antics Zone as the best area for high rental frequency in the bay. 

While other regions also rent well, they may not have the same rental frequency. They also emphasize on the need for a reliable and experienced team when navigating real estate transactions, including a real estate agent, attorney, and suitable notary for the closing. 

They discuss the differences between buying property in Mexico compared to North America, and recommend using an MLS system to ensure reliable listings. They also provide important information about the process of closing property deals and the restrictions for foreigners buying property in the restricted zone. 

Here is a video explaining more about closing a deal that was mentioned in the podcast - https://www.youtube.com/watch?v=NkKVgattINU

Overall, the episode provides insightful guidance for those considering a dream retirement in Mexico and highlights the unique aspects of purchasing property there.

Join us alongside Puerto Vallarta real estate broker, Taniel Chemsian , and health care specialist, Pamela Thompson, as they share their expertise and insider knowledge. They will be there to guide you through the process and answer any questions you may have.

To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.

 

Key Moments: 

[00:03:16] MLS support by Vallarta chapter of AMPI.

[00:07:57] Property manager ensures house well-maintained remotely.

[00:11:56] Clients renting long term in different regions.

[00:14:55] Beautiful town with active beaches and stunning sunsets.

[00:17:59] Vallarta: Beachfront resort with modern and colonial architecture.

[00:21:35] Meeting demand and building projects takes time.

[00:26:20] Foreigners acquiring property in restricted zone need trust.