If you are planning to purchase real estate in Puerto Vallarta, you have many great retirement, vacation, and investment options. However, if this is your first time buying in Mexico, it is advisable to work with an experienced and qualified agent in Mexico.
With one of the strongest tourism industries in Mexico and one of the largest expatriate communities, Puerto Vallarta is the best option to invest in real estate for a variety of purposes. Strong tourism offers many advantages to the lifestyle of residents and attracts an increasing amount of large-scale investment. The large expat community makes life comfortable for American and Canadian residents.
Buying and owning property in Puerto Vallarta can be completely safe; however, two points worth considering are that in Mexico, the laws that protect clients are more lax and there are also differences in the legalities for acquisition and ownership.
Due to laxer laws protecting clients, almost anyone can set up to sell real estate, whether or not they have qualifications and experience. This puts you as a buyer at risk if you choose to work with someone who doesn’t know the process or isn’t looking out for their client.
For this reason, it is necessary that you do your homework and find an agent in Mexico who is qualified, knowledgeable and experienced. In Puerto Vallarta there are no official degree requirements, but there are official certificates, diplomas and even degrees offered in association by the Professional Association of Real Estate Agents of Mexico (AMPI), universities and government agencies. Ask your agent if the office you work for is qualified; it is enough that the office broker, who oversees the process, has the qualifications.
This official training will ensure that the agent has the necessary knowledge to carry out the transaction correctly and safely, protecting your funds and interests.
Along with this, ask for references from past clients; this will indicate how well the office uses these ratings for the benefit of its clients.
While you may feel that paying attention to these points is a distraction from the main point: finding your dream property is worth the time and effort; By working with the right agent, the process will go much smoother and, most importantly, you will minimize the risks that could otherwise turn your dream into a nightmare.
Take the time to start off right.
