After finding your prized property of choice the next point of purchasing Real Estate is the negotiation between a buyer and seller. The real and fair value of the property is what a buyer is willing to pay and what a seller is willing to accept. In the cases of a buyer capital gain being
Mistake #1 – Incorrect Pricing Every seller naturally wants to get the most money for his or her product. The most common mistake that causes sellers to get less than they hope for, however, is listing too high. Listings reach the greatest proportion of potential buyers shortly after they reach the market. If a property
Capital gains tax law in Mexico states that tax is owed on the profit you receive when you sell your home or property. For a foreigner purchasing property in Mexico who is a non-tax resident of Mexico, the capital gains tax deductions allowed are: Inflationary credit: Applied for each year of property ownership. Depreciation of
Timeshare resale fraud has become increasingly prevalent in the past years with unsolicited contact by someone claiming to have a buyer for your timeshare or to be a representative of a company that specializes in finding buyers in the US or Canada for your Mexico timeshare. This unsolicited contact likely are fraudsters. I receive many
The Cabo market draws buyers primarily from the USA and Canada. With flights having expanded it’s possible for buyers to visit regardless of their geographical location. However, a US or Canadian citizen remains the top two buyers for our area. The Baja weather is the biggest draw with low humidity and 350+ days a year
The always transforming area that takes you along the coastline and beaches from San Jose Del Cabo to Cabo San Lucas is known as The Corridor. It is considered to be home to some of the most prestigious, exclusive and beautiful Real Estate. The unadorned symmetry of the desert, mountains, beaches, and Sea of Cortez
The Pacific Corridor is just a short drive north of Cabo San Lucas, the options for properties are expanding beyond the impressive hills of Pedregal and the Marina areas of Cabo San Lucas. The dramatic beaches of the Pacific side are home to many of the same opportunities for vacationing and investment as those beaches
Unique natural beauty with world class fishing and golf, endless outdoor activities and a tranquil lifestyle is what defines San Jose del Cabo. The relaxing town is watercolor pretty with shaded streets, colonial homes, rich in history, native culture, charming people and a breathtaking bay. Much care is taken to ensure little change to its Spanish
To fully understand how land ownership in Mexico works, it is vital to learn the history of property ownership in Mexico. If you picture a country that has been dominated by foreign owners since the early 1500’s, you will begin to see why Mexico is so protective of its most valuable resource…land. In 1517, when
For many years the SAT, Mexico’s taxing authority, has been collecting tax on income from Mexican rental properties. The law is clear, no matter where the money is paid, if the income is generated from a property located in Mexico, SAT is entitled to its tax. And the authorities are watching the company websites, the
Another BREW by Ballen Brands
