DEAL: Residential + Commercial in El Centro, 4/3.5 — $396,000

One block from the Malecon and ocean, this three-story building has both residential and commercial space.

This edificio has four bedrooms and three and a half bathrooms in the heart of Puerto Vallarta with an outstanding panoramic terrace view above and attractive commercial space below for your store, shop, or office.

This is the best opportunity in town this year and it will not last. Contact me right away if you’re interesting in learning more about this fantastic deal on a residential + commercial building in downtown Puerto Vallarta. Continue reading “DEAL: Residential + Commercial in El Centro, 4/3.5 — $396,000”

Do I Need an Agent? What is MLS Vallarta?

Purchasing real estate in Mexico can appear to be a daunting venture. To help you understand the process, this blog provides an overview of buying, selling, and renting real estate in the Puerto Vallarta area. Coming articles will include answers to a number of Frequently Asked Questions that repeatedly come up.Cluster of homes in Puerto Vallarta

Should I be working with a real estate agent?

Yes, you should. Whether you are buying or selling, you need a real estate agent who listens to you and understands this special marketplace.

Buying and selling real estate in Mexico is not as simple or straightforward as it is in the USA and Canada. There are potential obstacles that a real estate agent will help you navigate through. Continue reading “Do I Need an Agent? What is MLS Vallarta?”

Fixer-Uppers in Puerto Vallarta

I witnessed the Fixer-Upper market come and go in the U.S. Twenty-five years ago, I bought a house that needed repair and doubled my money with a little hard work. Those days are long gone in the States.

Now I live in Old Town and it is easy to recognize quite a few valuable fixer-upper properties in Puerto Vallarta. There are a lot of beautiful pieces of property overlooking Banderas Bay that could use a good sprucing up.

Consider this: you buy a sweetly located condo that needs work, hire very cheap and competent labor, to end up with a jewel of a home. At the prices available, you might even buy the entire condo building.

Everything is here that you need. Home Depot and many others are easy to get to. Prices and labor are cheap. If you are just a little bit patient, competent workers are everywhere.

I walk along narrow, winding cobblestone streets lined with stucco walls, wrought iron, and bright flags and wonder if I am in old Europe somewhere. Continue reading “Fixer-Uppers in Puerto Vallarta”

How to Negotiate with Mexicans

Courtesy

In negotiating for real estate or any other arrangement in Mexico you will find that the Latin side, using more formal courtesy and manners, can be so charming as to disarm your side in the negotiation.

You should use the first meetings in the negotiations to learn and judge the character and personality of the people involved. It is also important to learn to adjust and be compatible with the way business is done in Mexico. Taking the time to learn this information will be of great help later.

Good negotiators want to know the names and titles of their opponents. They also want to know about the other side’s business or personal backgrounds.Negotiation Cartoon

There is a hierarchy of power in the group to be used to one’s psychological advantage. The less senior members of the team arrive to do the set up and opening remarks or discussion. The powerful member of the team will make an appearance or speak later.

The beginning of the meeting will involve a period of casual conversation and keen observation. To rush this part of the process will be negative to the other side, even considered rude. Continue reading “How to Negotiate with Mexicans”

Luxury Villas and Condos in Greater Puerto Vallarta

Villa viewPuerto Vallarta boasts some of the most beautiful vacation villas and condos found anywhere in the Americas. Luxury vacation rentals are available from the far southern and northern ends of Puerto Vallarta and everywhere in between.

We can help you find a wide range of beautiful villas, condos, and real estate in Puerto Vallarta both for rent and for sale. If you are looking for a small or large villa, we have them in all sizes and price ranges.

If you are looking for a luxury condo rental in Puerto Vallarta, then browse through our RENTALS. Our inventory list of villa and condo rentals is contstantly growing and the popularity of rentals in Puerto Vallarta increases each year. Continue reading “Luxury Villas and Condos in Greater Puerto Vallarta”

New Listings Notification Service in Puerto Vallarta

In today’s competitive real estate market, timing is critical. Many good deals are sold before they are ever advertised or get on MLS.

You Can Be First in Line!

Beat other buyers with our New Listings Notification service. Register for New Listings Notification now by emailing Dora@OldVallarta.com.

We can — and will — find your ideal property.Interior Living Area

Are you looking at property ownership here in Paradise, trying to find your dream property in Mexico? Whether you are buying or selling a home or business, you can hire a team of professionals that will earn your trust.

We pride ourselves in having a very specialized yet diverse team of professionals that know the area, market conditions, inventory, contacts, and information you need to make an good decision. Continue reading “New Listings Notification Service in Puerto Vallarta”

Sample Mortgage Loan in Puerto Vallarta

With the widest array of programs available in Puerto Vallarta, we can provide you with the program that will meet your needs.

We offer the lowest down payments, and everything from fixed to adjustable rates.

Here is a sample of one of our loan programs:
Bedroom with an ocean beach view

Mortgage Rates & Financial Services in Puerto Vallarta

With our competitive programs and competitive rates, you don’t need to utilize a high-rate program from a developer.

We are confident we have a program that will fit your needs.

Mortgage Rates & Financial Services

Available Programs:
Fixed 10, 15, 20, 25, 30 year loans
ARMS 1, 3, 5, 7, amortized over 30 years
Interest Rates from:
6.00% Adjustable rate loans
6.25% With 3, 5, 7, and 10 year options
7.49% Short term Fixed programs
8.25% Stated & bank statement loans
Requirements:
650 Minimum Fico score
$75,000 Minimum Loan Amount

Paradise Mortgage, over the course of many years, has developed relationships with lenders, investors, and banking institutions to ensure we can find the best option and a program to meet your needs.dollar signs

Financing is available for:

      • Purchase, Refinance, Cash-Out
      • Residential, Commercial, Construction, Land/Lots

With the widest array of programs available, we can provide you with the program that will meet your needs. We offer the lowest down payments, and everything from fixed to adjustable rates.

We can show you the perfect loan when buying property in Mexico.

As a financial planner, Rick Slatton can show you how to own the dream home you always wanted in Mexico. Rick, along with Pacific Paradise Realtors and Paradise Mortgage, can provide you with Purchase and Cash-Out Refinance loans.

Learn more about how financial planning can improve your next real estate transaction. Call our Marina office at (322) 209 0615. You can contact Rick direct at (322) 133 2429 in Mexico, or (541) 255 2322 from the U.S. and Canada. If the line is busy, please call back or write Rick@OldVallarta.com.

Pacific Paradise Realtors

Puerto Vallarta’s first and only one-stop real estate shop.
Residential, Commercial, Financing, Legal, Insurance, Rental, Property Management

Financial Planning for PV Real Estate

“Real estate gives me the ability to use my financial planning skills when I help someone buy, sell, or rent a home,” explains Puerto Vallarta-based real estate agent Rick Slatton.

Gringo GulchThat approach gives Slatton an advantage over more traditionally-focused agents. “I think there are agents who sell,” he explains. “I don’t sell. For me, it is my job to sort out what my clients really want and afford, and to help them find it. With buyers, that means making sure they find a house they’ll enjoy, rather than just trying to make a sale.”

For Slatton, that means listening to what clients tell him, and, based on that, offering options they may not have considered. “I had a client who said Continue reading “Financial Planning for PV Real Estate”

Casa, 3/2, Plus Commercial Space ~ $570 a month

Nice house for someone wants to have a small store or office close home.

3 bedrooms, 2 bathrooms, living, dinning and kitchen.

Service area and parking for 1 car.

Excellent location, 10 minutes far away downtown.

The commercial local has its own electricity installation, separated access, and ½ bathroom. Continue reading “Casa, 3/2, Plus Commercial Space ~ $570 a month”

Opera Restaurant, El Centro ~ $48,500

The Opera Restaurant is on the market, and ready for operation for the high season.

Strategically located in the mist of fine entertainment of Puerto Vallarta, The Opera is adjacent to the newly constructed Teatro Vallarta!

The split level restaurant offers an upstairs terrace with grill and a view.

Located near the entrance of the Malecon, this area attracts tourists and locals alike. Continue reading “Opera Restaurant, El Centro ~ $48,500”

Nautica La Cruz de Huanacaxtle Condos – Starting at $142,000

Nautica de Cruz 01The tree and the sea came together in a corner of the bay to give birth to a legend that now makes room for the development of an impressive touristic project that represents an investment of over fifty million dollars.

Originally a fishing village, La Cruz de Huanacaxtle on Riviera Nayarit’s coastline, bathed by the calm sea of the Bahía de Banderas, is located twenty minutes north of Puerto Vallarta’s international airport. In this picturesque town of cobble-stone streets, the ocean breeze is present 365 days-a-year.

Today, like all the towns seated along the coastline of Bahía de Banderas and the Riviera Nayarit; La Cruz de Huanacaxtle is considered an attractive destination with tourism as its predominant economic activity, while it grows in its development, placed now it in the real estate chart of the region, a daring and most attractive real estate proposal. Continue reading “Nautica La Cruz de Huanacaxtle Condos – Starting at $142,000”