Categoría: Puerto Vallarta Real Estate

  • Puerto Vallarta 2020 Property Tax

    For those who have seen your new Puerto Vallarta 2020 property tax bill you may have noticed that there has been a significant increase over last year. However, the absolute number still remains modest when compared to most American and Canadian cities.

    The amount of tax is calculated based on the assessed value of your property (which is below market value) times the tax rate. This year, our tax bills reflect an increase in both.

    Rising property values have resulted in an increased assessed value. At the same time, Puerto Vallarta last summer approved an increase in the tax rate for properties valued over 1.5 million pesos.

    So, this is a good news/bad news story. Taxes have gone up but principally because of the increased value of our properties. Still they continue to remain substantially below tax levels north of the border.

    If you would like to pay your property taxes online you can visit: https://www.puertovallarta.gob.mx/2018-2021/ Click on the button Predial on the home page and that will take you this page:

    Fill in your Predial Number in the “Cuenta” box and follow the directions from there.  Feel free to contact a Timothy Real Estate Group Agent for any questions you may have.  If you pay your taxes before February 15th you will receive a 15% discount on your taxes.

  • Puerto Vallarta Living: Acuatlón Deportivo

    What is an Acuatlón Deportivo, you ask? It’s one tough sporting event, that’s what it is. This Sports Aquathlon will hold its fourth annual event in Puerto Vallarta, a three staged race that will take place on the Malecón and in the ocean. Though this is an all ages sport, it’s really for the well trained athlete. Involving running, swimming and more running, one must be in terrific shape. Anyone between the ages of nine (9) and sixty (60) are welcome to give it a go; there will be several categories, with divisions for men, women and children.

    This contest will be held Sunday July 7, 2019 and begins at 8 am in front of the Rosita Hotel. We’ve heard there will be great prizes, which oftentimes means cash purses.

    Open Category is ages sixteen and up with a running route of 2.5 km along the Malecón, a 1000 meter swim (500 meters each way; out, and back to shore again), with the third and final leg being another 2.5 km back the way they came.

    A children’s course is being laid out in three levels. There will be Infantil for ages 9 – 11; Children for ages 11 – 13; and the teenagers course, which will be run by kids ages 14 and 15 years old.

    The water of Banderas Bay is perfect for swimming this time of year. Lifeguards will monitor from the beach and in the water.

    For those wanting to register, the website http://www.acuatlonvallarta.com is up and running but you’ll want a grasp of Spanish to complete your registration. Another option is to find Luigi at the Agustín Flores Contreras Municipal Stadium, across from the Sheraton. Luigi will be at the stadium daily from 5 pm – 9 pm to sign you up and take your entrance fees. It will cost you $450 pesos to register, or sign up on the website.

    Your race kit will include a Acuatlón Deportivo T-shirt and swim-cap, participation medal, and your e-chip, which will record your race time. You can pick up your package on Saturday, July 6th, from 4 pm – 9 pm at Innovasport, the sports store in the La Isla shopping center. There will also be last-minute signups for $550 pesos.  There will be a mandatory pre-racemeeting at 7 pm on July 6 for all participants at the Hotel Rosita.

    Water will be available along the route, along with medical staff; snacks will be offered at the end of the course.

    This is a big event for Puerto Vallarta with national and international athletes expected to partake in the competition. The race has a limit of 300 competitors so don’t delay if you plan to sign up.

    Que es cómo es.

    —————

    Timothy Real Estate Group is a locally-owned and operated real estate brokerage with a strategic location in the Romantic Zone of Puerto Vallarta in the Colonia Emiliano Zapata. Because the Puerto Vallarta area has varying neighborhood personalities, we practice localized real estate. We believe neighborhood knowledge is a top factor in solid sales, and we know our communities well.

    We enable our clients to realize their vision for the future.  We understand and plan for their concerns and are dedicated to transforming those concerns to peace of mind and joy.

    Our philosophy of transparency, integrity, and professionalism imbues our culture with a tangible sense of purpose and results in the length and depth of the quality relationships we enjoy.  We believe buying or selling a home is first and foremost about people. Of course we have the latest technology, marketing tools, statistics and research, but a successful real estate transaction really comes down to people. Connecting the right buyers to sellers or investors our professional agents structure solid transactions with successful solid outcomes.  We believe in collaboration by connecting people in ways that bring satisfaction and success.

    When you combine extensive local knowledge and our long standing reputation for honesty and sound judgment, you have an unbeatable resource at your disposal.  You have <a href=”https://timothyrealestategroup.com/“>Timothy Real Estate Group</a>, a constant leader in Puerto Vallarta real estate

  • OPEN HOUSE : CASA 5 DE DICIEMBRE

    Hola Everyone,
    You are welcome to join us Friday, May 17,2019 for the Casa
5 de Diciembre Open House!
    FLEXMLS # 14700

    From 11 AM to 2 PM Duplex 
4 Bedrooms
 4 Bathrooms
,Pool
,Palapa Rooftop
Over 4,100 square feet
 $499,000 USD .This is a must see opportunity to preview for your clients and
for anyone interested in owning a home and also having some
rental income. This Duplex Property has all your Old World Mexico Charm and
Character with modern conveniences and comfort!

    Located on Calle Costa Rica 1270, Col. 5 de Diciembre which is
North of El Centro, Downtown, Puerto Vallarta!
    Conveniently located and only 7 super short blocks to the Beach
with shopping, grocery store, restaurants and night life nearby.

    Donna Davies
    donna@timothyrealestategroup.com
    322.779.9406

  • Affordable Luxury Homes In Puerto Vallarta

    Puerto Vallarta’s real estate market continues to offer affordable homes for the discerning buyer looking for luxury and exceptional architectural design in their pursuit of home ownership in this laid-back resort town. Within a variety of eclectic and established neighborhoods throughout the city, one can find their dream house with traditional Mexican architecture, wooden beams, Saltillo tile flooring and cantera stone to a completely renovated and updated modern villa with granite countertops, European style finishes and stainless steel appliances. Whatever the budget, there is something for everyone in and around Puerto Vallarta.

    • Casa Del Perro Azul 5 Bedrooms, 4 Baths, 3,303 sq. ft., Emiliano Zapata community (click HERE for more information).

    casadelperroazul_1_IMG_5565 casadelperroazul_IMG_5330

    • Casa Higuera – 3 Bedrooms, 3 Baths, 5,924 sq. ft., Upper Conchas Chinas community (click HERE for more information).

    IMG 1168 CR02febt IMG 0816 CR02febt-3f

    • Casa Cielo – 5 Bedrooms, 4 Baths, 5,810 sq. ft., Sierra Del Mar community (click HERE for more information)

    IMG_4641 CC1_IMG_4749

    • Horizon Penthouse 7 – 4 Bedrooms, 3 Baths, 4,533 sq. ft., Amapas community (click HERE for more information)

    Horizon_PH407_02 Horizon_PH407_41

    • Villa Mascota – 4 Bedrooms, 4 Baths, 3,218 sq. ft., City of Mascota (click HERE for more information)

    1980-01-01-00.04.33-1670x738 MascotaCasasyTerreComedor2-1318x738

    For Sales information and the home buying process in Banderas Bay/Puerto Vallarta, contact Taniel Chemsian at taniel@timothyrealestategroup.com

    taniel

  • Puerto Vallarta Living: To Car or Not To Car

    Owning a Car in Puerto Vallarta

    We have owned many cars during our years in Puerto Vallarta, and agree there are pros and cons to auto ownership. We recommend you first become an official resident before buying or owning a car in Puerto Vallarta. You will have your own CURP (Unique Population Registry Code) number so you won’t need to rely on a generic one that a car dealership might provide for you. Doing such has been proven to be risky. To get your CURP, you need to have your Resident Visa. The CURP comes in handy for many things and makes life easier for those of us foreigners living in Puerto Vallarta.
    Buying from a dealer in Puerto Vallarta will make the process much smoother; they do all the footwork for you, there won’t be liens on the car, you’ll get a warranty, and for a small fee, they take care of your registration. If you buy a car off craigslist or Mano a Mano, you need to be certain it’s not a stolen car. There’s a site you can do this: http://repuve.gob.mx/quieres_conocer.html
    If this is your first vehicle purchase, you will need to find a reliable mechanic. Car-owning friends will be happy to recommend one. Have the mechanic do a thorough inspection. It’s incredibly inexpensive, probably far under $50 USD and buys piece of mind.
    It’s very important to have the original factura from the previous owners, with names and signatures. A factura is more than a receipt and will contain additional information. It might sound crazy but check the VIN and registration carefully to make sure they match. Make sure the seller has the authority to make the sale; ask for proof. Tenencia was a tax that no longer exists but still must be brought up to date for an older car or you’ll end up paying it at registration, which can be costly, so ask for all tenencia receipts. You and the seller will go to the Registration Office together for the transfer of ownership. Don’t forget to bring your original passport, a photocopy of the passport, and your residence visa. You must also have proof of your address, which is easy enough with an electric or water bill; your rental contract or deed to your home. You’ll need cash for the registration and if there are no liens and all past tenencia have been paid, you should bring as least $2000 pesos. Make sure you have all the above and your CURP… or you’ll taking Uber home.
    Auto insurance is mandatory in all of Mexico, so find someone in Puerto Vallarta who can recommend an agent or company. Comprehensive is best, but you must have liability. It’s really smart to have a policy that provides bail bond and legal representation, if you get in an accident of any kind. In an accident where people are injured, it is highly likely you will be detained and we suggest insuring oneself in the unfortunate case this might occur.
    Que es cómo es.

    ——————————

    Timothy Real Estate Group is a locally-owned and operated real estate brokerage with a strategic location in the Romantic Zone of Puerto Vallarta in the Colonia Emiliano Zapata. Because the Puerto Vallarta area has varying neighborhood personalities, we practice localized real estate. We believe neighborhood knowledge is a top factor in solid sales, and we know our communities well.

    We enable our clients to realize their vision for the future.  We understand and plan for their concerns and are dedicated to transforming those concerns to peace of mind and joy.

    Our philosophy of transparency, integrity, and professionalism imbues our culture with a tangible sense of purpose and results in the length and depth of the quality relationships we enjoy.  We believe buying or selling a home is first and foremost about people. Of course we have the latest technology, marketing tools, statistics and research, but a successful real estate transaction really comes down to people. Connecting the right buyers to sellers or investors our professional agents structure solid transactions with successful solid outcomes.  We believe in collaboration by connecting people in ways that bring satisfaction and success.

    When you combine extensive local knowledge and our long standing reputation for honesty and sound judgment, you have an unbeatable resource at your disposal.  You have a constant leader in Puerto Vallarta real estate

  • Vallarta And the Flucuating Pesos

    Counting Pesos

    Recently we were informed of a disgruntled tourist in Puerto Vallarta who was very unhappy regarding being shortchanged at a convenience store. Seems the wife sent the husband for avocadoes, beer and water with a $500 peso note and he came back with $50. Some things just don’t add up and this was one of those times. Apparently he did something North Americans are accustomed to, considering he was being helpful to the cashier. He gave her an extra two pesos to round up the amount, supposedly making it easier for her to count back. Problem is… this is not an exercise that’s been adapted for the peso.

    Until the Oil Crisis in the late 70’s, the peso was one of the most secure currencies in all of Latin America. Capital flight destabilized the peso for many years to come when Mexico defaulted on its external debt in 1982. President Carlos Salinas adopted a strategy called the “Stability and Economic Growth Pact” and on January 1, 1993, a new currency was introduced. The new peso Nuevo Peso in noted on each bill with MXN, whereas the old peso, which became immediately obsolete, was MXP.

    One new peso was equal to 1000 of the old peso and it took Mexicans awhile to make that adjustment. Tourists remained baffled for a much longer period of time; in fact, many people still have a difficult time making sense of the exchange rate.

    Perhaps due to devaluation and constant fluctuations, cashiers have never bothered to learn how to count money back and therefore, visitors are less inclined to expect it.

    However, we have a word of advice. When you hand over your money, regardless of the denomination or amount of change you offer, consider where you are standing. At the COUNTER, right? As defined in the dictionary it is a long flat-topped fixture in a store or bank across which business is conducted with customers. Do your counting there, before you walk away.

    Mistakes can be made anywhere and instead of abruptly assuming dishonesty, we believe a much better approach is to make a constant habit of counting one’s change before one leaves the counter. An understanding of the exchange is also very useful. Before you go on your holiday to any foreign country, study the local currency and do your best to know how it compares to your own, so that you aren’t creating constant quandaries whenever you need to make a purchase. Don’t change your money in the airport or your home bank. Wait until you are

    in Puerto Vallarta or your chosen destination; we recommend using the ATM machines, as you are assured of getting the most recent daily rate. ATM’s at banks are the safest.

    Que es cómo es.

     


    Timothy Real Estate Group is a locally-owned and operated real estate brokerage with a strategic location in the Romantic Zone of Puerto Vallarta in the Colonia Emiliano Zapata. Because the Puerto Vallarta area has varying neighborhood personalities, we practice localized real estate. We believe neighborhood knowledge is a top factor in solid sales, and we know our communities well.

    We enable our clients to realize their vision for the future.  We understand and plan for their concerns and are dedicated to transforming those concerns to peace of mind and joy.

    Our philosophy of transparency, integrity, and professionalism imbues our culture with a tangible sense of purpose and results in the length and depth of the quality relationships we enjoy.  We believe buying or selling a home is first and foremost about people. Of course we have the latest technology, marketing tools, statistics and research, but a successful real estate transaction really comes down to people. Connecting the right buyers to sellers or investors our professional agents structure solid transactions with successful solid outcomes.  We believe in collaboration by connecting people in ways that bring satisfaction and success.

    When you combine extensive local knowledge and our long standing reputation for honesty and sound judgment, you have an unbeatable resource at your disposal.  You have Timothy Real Estate Group, a constant leader in Puerto Vallarta real estate.

  • Vallarta: Social Ecology Works

    Banning Straws in Puerto Vallarta

    If you need proof that social media works, consider the banning of straws in many restaurants in Puerto Vallarta. Some have moved to alternatives, such as paper/wax straws, which are biodegradable, and less damaging to the environment and animals. There are establishments who will only give customers these types of straws if they are asked; not freely offering them. Others are using clever substitutes. We have seen bamboo tubes used, for example.

    We recently read an article quoting Dune Ives, the Executive Director of Lonely Whale, a nonprofit whose goal is guarding our oceans from harm and protecting marine life. Ives states that straws are a “gateway plastic,” meaning they lead the way for people to realize how easy it is to give up all types of plastic. It’s not hard to let go of our love for straws; considering the destruction to our environment, especially all waterways, it should be easy.

    The Save the Sea Turtle Foundation started out in 1987 as a national project and has hit its stride as a global group, creating awareness not just for sea turtles. They are dedicated disseminating educational information about our marine ecosystems and how we slowly destroying our ocean environments. Continual publication of graphic photos on the internet and social media showing the damage and death to turtles, birds, fish and all types of sea life has brought attention to the cause of the destruction.

    People around the world are acting. Straws are a symbol. There is so much garbage floating around the planet, it’s impossible to describe in a short venue such as ours. We do know that a walk in the beach in Puerto Vallarta picking up garbage and debris is an eye-opening experience.

    In Puerto Vallarta, it began with one small restaurant. They let their customers know they would no longer provide drinking straws. It quickly caught on to the degree there are now businesses attached to the movement. Check out #sinpopote, which means without straw in Spanish. You can buy stainless steel straws, include a cleaner and case.  We personally have a glass straw, a gift from a stateside friend; it is sturdy, non-breakable and comes with a money back guarantee. Hummingbird Glass Straws is another company, easily found on a Google search; they have straws with cute little animals, characters and decorations. Keep an eye out in the stores around Puerto Vallarta or order on Amazon.

    New York City is considering a ban on straws. In Puerto Vallarta, we are ahead of the game. With locals, residents, and tourists joining together, we can make a difference. Next up: Plastic bags.

    Que cómo es es.


    Timothy Real Estate Group is a locally-owned and operated real estate brokerage with a strategic location in the Romantic Zone of Puerto Vallarta in the Colonia Emiliano Zapata. Because the Puerto Vallarta area has varying neighborhood personalities, we practice localized real estate. We believe neighborhood knowledge is a top factor in solid sales, and we know our communities well.

    We enable our clients to realize their vision for the future.  We understand and plan for their concerns and are dedicated to transforming those concerns to peace of mind and joy.

    Our philosophy of transparency, integrity, and professionalism imbues our culture with a tangible sense of purpose and results in the length and depth of the quality relationships we enjoy.  We believe buying or selling a home is first and foremost about people. Of course we have the latest technology, marketing tools, statistics and research, but a successful real estate transaction really comes down to people. Connecting the right buyers to sellers or investors our professional agents structure solid transactions with successful solid outcomes.  We believe in collaboration by connecting people in ways that bring satisfaction and success.

    When you combine extensive local knowledge and our long standing reputation for honesty and sound judgment, you have an unbeatable resource at your disposal.  You have Timothy Real Estate Group, a constant leader in Puerto Vallarta real estate.


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  • Vallarta Real Estate Inspired Living: New Years

    New Year’s Eve in Puerto Vallarta

    Our first visit to Puerto Vallarta was during the holidays. This time of year brings back the best memories. We’d never heard of some of the traditions observed here and now love to celebrate year after year, learning our way as we go.

    We still have trouble making twelve wishes while eating grapes as the clock strikes the midnight hour on New Year’s Eve. We started our own tradition of bringing a bag of popcorn to the beach on New Year’s Eve. Instead of eating grapes, which are very filling (after consuming a huge dinner), we pass the popcorn to our group of friends, who have been previously informed and can get a little head start. About ten minutes before the bell begins to ring at the Cathedral, we think about those twelve wishes, count out the same number of popped-corn kernels, one for each month and by midnight, we’ve achieved our goal!

    Mexicans like to eat late and holidays are an excuse to stay up as long as possible, children included. In Puerto Vallarta, there are many choices for New Year’s Eve. Plan a place for dinner, which is the priority of the evening, either at home or out on the town. Keep in mind that traffic will be snarled to put it mildly; taxis and Ubers will be running fewer and farther between from about 11 pm on. If you want a table down on the beach at Los Muertos, you might consider making reservations for the entire evening.

    At midnight, the fireworks go on for well over half an hour. The inventiveness and creativity are incredible, becoming more so with each passing year. Firecrackers aren’t part of the celebration and are, in fact, illegal in Puerto Vallarta. We do recommend going to the Malecón a couple days before New Year’s Eve to watch the construction of how the fireworks displays are made.

    Please, don’t take your dog to the beach. The fireworks are incredibly LOUD, packed in a shell that’s launched from a mortar. To a dog, it sounds like a war zone.

    When the festivities have ended, there’s a street dance on Olas Altas with hoards of people. It’s fun but crowded. Bars stay open later, and taco stands are swarming. DON’T DRIVE if you are drinking. There will be checkpoints at both ends of town, and it’s simply not worth the consequences of being pulled over, under the influence. Arrange for a ride, have a designated driver or wait for taxis or Ubers.

    Have a fantastic night, and we wish you the very best in the New Year!

    Que cómo es es.

  • Puerto Vallarta Living: Migrant Issues

    The Migrant Issue

    While the current administration in the White House tries to stop the flow across the southern border moving northward, there are estimates of US citizens living in Mexico that far outreach the numbers flowing to the north.
    It’s not only people retiring and moving to where the palm trees sway. Tech workers are a good example of the younger set living in Mexico. Here in Puerto Vallarta, we have many US-born kids who have returned to Mexico with their undocumented parents; the estimate of these children living in Mexico exceeds 600,000 at this point in time, with likely more to come. The migration of people heading south is larger than that of those headed to northern climes, including refugees. The US embassy in Mexico estimates a million and a half US born citizens living in Mexico are not farfetched, with nearly 40,000 of those living in Puerto Vallarta.
    There was a time when San Miguel de Allende was the expat haven for Canadians and US citizens, with 10% of the population English speaking. Though San Miguel is still a big attraction, coastal towns have become very appealing. New arrivals are welcomed with open arms in places like Puerto Vallarta, where they help to drive the local economy, and fill schools with students and the teachers to accommodate them.
    Whereas there is a huge Mexican community in the United States, we now see a mirrored affect, that of a large and growing North American community throughout Mexico. Mexico has always had a very open immigration policy and invites members of all nations.
    Amazon now has headquarters in Mexico, so anything you can’t find locally, you can order online. This is the result of Mexico filling the needs of immigrants, many of whom remain undocumented. It’s a well known fact that tourists come to Puerto Vallarta and stay far past their 180 day tourist visa, paying a fine sometimes as small as $20 USD to come and go.
    Renovations of older homes in Mexico have become the new fixer-upper mentality of many home buyers. New houses and developments have sprung up, in and around Puerto Vallarta at an eye-popping rate.
    Location isn’t the only factor in many of these migration issues. The US dollar is very strong against the Mexican peso at this time and many can get by on Social Security and pensions; living in modest homes, hiring household help, and going out on the town on a regular basis. It’s not even necessary to speak Spanish, with a vast amount of people speaking excellent English, including Mexicans in Puerto Vallarta, though we do encourage you to learn the language.
    Que es cómo es.

    ——————————

    Timothy Real Estate Group is a locally-owned and operated real estate brokerage with a strategic location in the Romantic Zone of Puerto Vallarta in the Colonia Emiliano Zapata. Because the Puerto Vallarta area has varying neighborhood personalities, we practice localized real estate. We believe neighborhood knowledge is a top factor in solid sales, and we know our communities well.

    We enable our clients to realize their vision for the future.  We understand and plan for their concerns and are dedicated to transforming those concerns to peace of mind and joy.

    Our philosophy of transparency, integrity, and professionalism imbues our culture with a tangible sense of purpose and results in the length and depth of the quality relationships we enjoy.  We believe buying or selling a home is first and foremost about people. Of course we have the latest technology, marketing tools, statistics and research, but a successful real estate transaction really comes down to people. Connecting the right buyers to sellers or investors our professional agents structure solid transactions with successful solid outcomes.  We believe in collaboration by connecting people in ways that bring satisfaction and success.

    When you combine extensive local knowledge and our long standing reputation for honesty and sound judgment, you have an unbeatable resource at your disposal.  You have a constant leader in Puerto Vallarta real estate

  • House Hunters International Puerto Vallarta Episode #2

    June 6, 2013 on HGTV

    House Hunters International hadn’t filmed any episodes in Puerto Vallarta until last year when they contacted Timothy Real Estate Group about auditioning for the show. Our first episode aired March of 2012 and on June 6th 2013 our second episode aired highlighting Puerto Vallarta once again and the wonderful property options that are available here. Puerto Vallarta is a very popular destination for tourism and property investments, which makes this opportunity to use House Hunters International as a vehicle to get the word out, just perfect.  

    The second episode was shot in November and now finally the day arrived for its airing with much anticipation so we decided to have a premiere party, which was exciting, just like getting ready to watch the Oscars or the Super Bowl!  Our wonderful friends Ray and Anne Young invited us to their beautiful home in Molino de Agua to celebrate and watch the new show. Our star agent, Taniel Chemsian could be nominated for an Emmy he did so well. Valium Our buyers, David and Andrea Golombeck were incredible and very relaxed in front of the camera which let their personalities shine through.

    Ray and Anne had every television in the house tuned in to HGTV but the big screen was were everyone congregated. We all cheered when we all saw the first glimpse of Puerto Vallarta looking straight down Calle Aquiles Serdan to the end of the street and seeing the beautiful beach and bay.  Different shots of downtown were used including shops, galleries and the beautiful cobblestone streets.

    One of the highlights of the evening was when Taniel’s mother called from Los Angeles to let him know that Puerto Vallarta looked so beautiful she wanted to move from Los Angeles to Puerto Vallarta, and soon.

    We are so thankful to have the opportunity to be involved in a project like this and be able to enjoy it as an office and as a community of friends and clients. Filming starts in August for episode three. We can’t wait to see what surprises the new episode will bring.

    Donna L. Davies

    Timothy Real Estate Group – An innovative company setting new standards in property sales and services has combined the most thoroughly professional and experienced talents to keep clients informed about the intricacies of Mexican real estate ownership, local real estate markets, local codes and regulations, financing, rentals and perhaps most importantly, sound analysis for every aspect of real property ownership. With combined real property services experience of more than 35 year’s worth of real estate sales, accounting, management, and property services, Timothy Real Estate Group is unequaled in its professionalism and experience with foreign investors. Ask about our Real Estate Listings