This blog focuses on Vallarta real estate information and analysis, and is written primarily by John Youden who founded MLS Vallarta in 1989 as Mexico’s first MLS and is today the country’s longest continually operating MLS service. John was also the founder/owner of the Vallarta Lifestyles Publishing Group, producing publications such Vallarta Lifestyles and the Vallarta Real Estate Guide (amongst others), from 1989 - 2015.
John has been very active in the local real estate market, (although never selling professionally) and holds a degree in Urban Land Economics from the Sauder Business School at the University of British Columbia. His first real estate blog (from which he took a hiatus in 2011) had many followers and he most recently decided to take up blogging once again to provide relevant news and insight regarding the Vallarta & Nayarit real estate market.
- Mar 28, 2017
Maximize the Return on your Puerto Vallarta Home
There are many ways to make better use of your apartment, rather than leaving it vacant during the times it isn’t being used.
- Mar 11, 2017
Majority of Americans Living Illegally in Mexico?
Some Mexican news outlets have been reporting that most Americans living in Mexico illegally.
- Mar 1, 2017
Vallarta Real Estate Sales Up, Average Sales Prices Down
Real estate sales showed a dramatic increase in 2016 over 2015, but average sales prices are down.
- Feb 20, 2017
0% Mortgage Financing in Mexico?
Mortgage financing currently available for foreigners in Mexico.
- Feb 13, 2017
Vallarta Real Estate Fair 2017
The Vallarta Real Estate Fair takes place on March 4th, 2017.
- Jan 27, 2017
Costalegre Update 2017
Update on the progress underway in Costalegre, just south of Puerto Vallarta.
- Jan 4, 2017
Mexico is the #1 Place to Retire for 2017
Mexico is the #1 place to retire, according to International Living's 2017 Retirement Index
- Dec 23, 2016
8 Great Vallarta South Shore Million Dollar Properties for Sale
The South Shore of Banderas Bay, just minutes from Puerto Vallarta, is where the foothills of the Sierra Madre mountain range, rich in lush green jungle foliage, reach the turquoise-azure waters of the bay, creating a backdrop, coastline and setting for some of the finest luxury real estate properties available close to downtown Puerto Vallarta.
- Nov 23, 2016
Surge in Interest in Secondary Luxury Homes Market
There is increasing interest by affluent Americans for secondary (vacation) homes, and for many that may mean outside of the United States.
- Nov 19, 2016
U.S. Election Promises of Deportation and Infrastructure
There is growing concern in Mexico as to what may happen if president-elect Donald Trump stands firm with his pre-election promise to deport millions of Mexicans from the United States.
- Nov 15, 2016
Punta Mita featured in Forbes
Punta Mita received a very big boost this week from Forbes, with a lengthy article by luxury experience writer Jim Dobson.
- Oct 27, 2016
5 Homes for Sale in Puerto Vallarta with Amazing Swimming Pools
Luxury homes have long been a characteristic of the Puerto Vallarta Real Estate Market. These are the top 5 amazing pools matched with breathtaking views in high-end homes for sale in Puerto Vallarta.
- Sep 27, 2016
Million Dollar Condos in Puerto Vallarta-Riviera Nayarit
For those seeking the ultimate second home or residence in the Puerto Vallarta-Riviera Nayarit area, there may be no better option than one of the million dollar condos currently listed for sale on MLSVallarta.
- Sep 8, 2016
FSBOs: Should You Sell Your Home on Your Own?
The acronym FSBO stands for For Sale By Owner, and is commonly used in the USA and Canada to denote a person or family who have decided to sell their home on their own,
- Aug 31, 2016
7 Puerto Vallarta Beachfront Condos for Under $150K
Looking for a beachfront condominium for under $150,000? Well, it is possible in Mexico, and more specifically, in Puerto Vallarta.
- Jun 20, 2016
Costalegre: So close and yet so far...
There has been quite a bit in the news lately about Costalegre, but some of the recent news reports have been rather vague as to where proposed developments may be located and what they may entail.
- Jun 9, 2016
Vallarta HOAs and What you Should Know
Most real estate searching undertaken by people interested in having a primary or second home in Puerto Vallarta (or Nayarit) often neglect the homeowner’s association (HOA) functions. But they shouldn't.
- Jun 6, 2016
Having trouble with Spanish in Vallarta?
There certainly is a good amount of English-speaking people in Vallarta, who work in the stores and shops, so not knowing a lot of Spanish you can get by rather reasonably.
- Jun 4, 2016
Current Highway #200 Improvements - What do they mean for Vallarta?
Is enough municipal planning being done to ensure the city can handle this inevitable wave of cars, buses, and commercial traffic?
- May 23, 2016
Mexico’s Declining Oil Dependence - Thanks due to the Tax Department
Even though global oil prices have sent Mexico's currency to a record low and forced the nation to cut spending and raise interest rates, the country is actually less dependent on oil revenue than at any time in the past decade.
- May 17, 2016
Cost of Living Compares for Vallarta and Other Cities
Cool websites for comparing the costs of living for different cities and countries around the world.
- May 17, 2016
13 Reasons To Buy Property In Mexico
Lee Harrison of the “Live and Invest Overseas website, writes why he believes there are many very good reasons to buy in Mexico today.
- May 13, 2016
Billionaires vs Millionaires in Hawaiian Resort War
There’s an interesting “war” going on in Hawaii, written up in Bloomberg Businessweek, that is putting the 1% against the .001%. And it is making it very difficult for resort homeowners who usually rent out their properties.
- May 10, 2016
Mexico's Economy is Open for Business
Mexico is “Open for Business” and is managing to stay open for business whereas other countries are talking about building walls and taking apart existing trade deals.
- Apr 30, 2016
Vallarta Condo Sales Up, Average Price Down, for 1st Quarter 2016
The Timothy Real Estate Group recently released sales results for Puerto Vallarta for the first quarter of 2016, compared to that realized in the same quarter of 2015.
- Apr 30, 2016
Cirque du Soleil's Luzia - Vallarta's Largest Marketing Campaign Ever?
This will basically be a traveling sales show promoting the Cirque du Soleil theme park - if they want to see more, they just have to travel to Vallarta/Nayarit and experience the full Mexican cultural experience.
- Apr 25, 2016
Puerto Vallarta: Everything You Need Or Want To Know
This is the name of a Facebook group that has over 6,000 members and provides information with regards to just that; everything you may want or need to know about living in Puerto Vallarta.
- Apr 22, 2016
Buying "Pre-Sale" Real Estate in Vallarta
When it comes to buying real estate, you can purchase something that already exists, a re-sale or "pre-existing" property, or you can purchase a "pre-sale" property, which is usually something that does not yet exist, it is or will be in the construction phase and is currently not yet completely finished.
- Apr 9, 2016
Golf Membership Options for Vallarta Homeowners
A favourite past time for many in Puerto Vallarta and Riviera Nayarit is golf and there are a number of courses in the area, although not all are available to the public.
- Apr 5, 2016
New Logo and Identity of MLS Vallarta
MLSVallarta.com, which has provided Multiple Listing Service (MLS) to the Puerto Vallarta and Riviera Regions since 1988 and is recognised as perhaps the top website regarding information about local real estate, recently rebranded itself to accommodate for a new direction the company is undergoing.
- Apr 2, 2016
Cognition & the Housing Behavior of Aging Baby Boomers
America is aging. As the Baby Boom begins to enter retirement years, new challenges are arising with signiﬁcant implications for both borrowers and lenders. In particular, given the impact of aging on memory and other cognitive skills, there is a need to consider the implication for ﬁnancial decisions made by older individuals.
- Mar 27, 2016
Reflecting on Vallarta's Real Estate Past Season
As the high season in Puerto Vallarta begins to taper down, so, for the most part, does the peak period for the real estate market. Looking back over this past season most realtors have said that it did not live up to their expectations,
- Mar 22, 2016
North America is an island of tranquility and opportunity...
When it comes to security, and today that is on the minds of many, North America is much like a tranquil island, separated from regions of the world where there is the most unrest.
- Mar 15, 2016
Vallarta Rentals & Taxes
If you rent your Mexico property and receive an income, then you have to pay Mexican taxes.
- Mar 7, 2016
Remittances outdid Mexican Oil Revenues in 2015
Low unemployment rates have not just been good for Americans, but for Mexicans as well, on both sides of the border.
- Feb 26, 2016
A Re-Start to the Real Estate Trust Debate?
There is talk once again in Mexico for removing the requirement for foreigners to buy real estate with a trust, a fideicomiso, which some say would drive demand for real estate touristic properties in the country. T
- Feb 26, 2016
More Mexicans Leaving than Going to the U.S.
More Mexican immigrants have returned to Mexico from the U.S. than have migrated to the U.S. recently since the end of the Great Recession.
- Feb 19, 2016
Puerto Vallarta Average Condominium Sales Prices
For many years at MLSVallarta we have reported what the average sale price is for a condominium and for 2015 it came in at US$278,000...
- Feb 19, 2016
The "Sandwiched" Baby Boomers
Many Baby Boomers, who are still the primary buyers of real estate in Vallarta, have had a hard time financially over the past 10-15 years. Many got caught in the 2001 economic downturn, only to get hit again in 2008 when they’d just started to recover.
- Feb 16, 2016
La Isla Shopping Center
The newest shopping centre for the region is currently under construction in the Hotel Zone, in front of the Grand Venetian Towers.
- Feb 12, 2016
Solutions to Reduce Traffic on Hwy #200
There are currently three projects in different stages of development to improve traffic flow and at the same time, provide safer and more secure traveling times.
- Feb 9, 2016
TripAdvisor Traveler's Choice Poll 2015 - Vallarta's #2
The news just keep getting better for Puerto Vallarta. It was ranked second in the Top 10 destinations in Mexico in the TripAdvisor Traveler's Choice poll for 2015, as reported by Travel Weekly.
- Feb 8, 2016
How Currency Rates Affect Real Estate in Vallarta/Nayarit
For American buyers this makes it rather simple for them as they can use the same currency they use back home. But for Canadian or Mexicans, it’s a different matter, that has become increasingly more evident over the past year as both the Canadian and Mexico currencies have lost value compared to the US dollar. In this situation, whatever is sold in USD currency becomes more expensive; such as real estate in Puerto Vallarta or Riviera Nayarit.
- Feb 8, 2016
Top Twelve Retirement Havens
I recently posted that Mexico came in third on International Living’s Global Retirement Index. Kathleen Peddicord has a similar report she does at LiveandInvestOverseas.com, which actually narrows it down to the most popular destinations, not just the country. For 2016 she lists her picks for the top twelve retirement havens and Puerto Vallarta comes in 10th.
- Feb 8, 2016
Dining Like: Barrio Bistro
A new restaurant that opened this season is Barrio Bistro, located in the neighborhood (or barrio) of Versalles near Fluvial behind the Hotel Zone. The chef is Memo Wulff (or better known as Memmito), who has been working the kitchens in Vallarta for years, including his own and those of many of owned and operated by his family.
- Feb 6, 2016
International Living Retirement Index
Each year the staff at International Living compile an index that lists what they consider to be the most popular retirement destinations in the world. To create the list they take into consideration climate, cost of living, retiree discounts, infrastructure, accessibility of healthcare, amongst other things. Mexico came out in third position
- Feb 6, 2016
Report on Canada - Mexico Relations
A new report by the Center for International Governance Innovation (CIGI) calls on Canada and Mexico to chart a new path of crucial North American renewal and prosperity through greater cooperation and strengthened relations between the two countries.
- Feb 6, 2016
High-End Real Estate Quandary
The owners of high-end real estate in the Vallarta and Riviera Nayarit regions (and especially in Punta Mita), are in a bit of quandary over whether they should sell or not because of recent market conditions.