It’s BEAUTIFUL!! and worth it

I should come down there and start a Airbnb management company for all those Investments help peace of mind for the investors

@troycopeland2170

5 ай бұрын

my thoughts exactly...

@jasonhill9674

14 күн бұрын

Likely NOT as easy as you make it sound.

Thank you very much, very interesting. Lot of information about the positive and negative aspects of the investment. the case study helps and the figures are very clear and conservative

Well balanced video. We have two houses in PV and love them. Traditional houses are much more cost effective. Taxes on rental income would have a significant impact as well as capital gains. We live here for the lifestyle and love it. Thanks for the detailed video!

@LivingSimplyinMexico

9 ай бұрын

One area you can assess is El Caloso and surrounding colonias. This was a rough area of town, but is changing quickly and is close to the romantic zone. Decent upside here if you buy the right house.

@TheWanderingInvestor

9 ай бұрын

@@LivingSimplyinMexico thanks for sharing 👍

Great video. I am far from investing abroad but as someone living in Toronto I would not mind getting out ! I learnt a lot from this video and the agent was great. Subscribed!

Good coverage of the PVR market. I would just say a few things about Nayarit. San Pancho is as expensive as Sayulita and all the good property has been developed on. Lo De Marcos doesn't have the hippie boho culture of San Pancho and Sayulita. Mostly older retirees so I don't think it can compete with them. Best place to invest now is between Punta Mita and Sayulita. That corridor is not developed yet but will be in the next five years.

@TheWanderingInvestor

11 ай бұрын

Thanks for your input 👍

most informative and honest real estate evaluation. Very welll done and very usefull. Much appreciated.

@TheWanderingInvestor

5 ай бұрын

Thank you

I wonder, how many people purchased a place in Mexico, that borrowed against their home in US and Canada to be able to pay cash? Now, though, they have to refinance that mortgage at higher rates? Be interesting if those stats were available?

@jasonhill9674

14 күн бұрын

Why do they “have to” refinance again?

@katemitchell665

14 күн бұрын

@@jasonhill9674 oops meant renew.

Super helpful video. Subscribed! Looking to invest in Puerto Vallarta, Tulum, Playa Del Carmen, or Puerto Escondido. I'll be digging into your resources!

@TheWanderingInvestor

10 ай бұрын

Thank you. Feel free to reach out to Luigi and/or Paul. I haven’t done Puerto Escondido yet though.

@manyourcoolchris

10 ай бұрын

Thanks I'll be reaching out to Paul while I'm in PV in October@@TheWanderingInvestor

Ok, this is beach area, close to USA and etc but the price $0,5 mln for such property is too much I think

@TheWanderingInvestor

11 ай бұрын

Puerto Vallarta is absolutely not cheap for sure

@HoDLum

11 ай бұрын

@@TheWanderingInvestor Isn't CaboSan Lucas even worse? I'd be curious to see your take on that place but tbh I feel it'd be a total waste of your time.

@TheWanderingInvestor

11 ай бұрын

@@HoDLum Veery expensive. Lifestyle destination.

I have been there and I liked it and it looks like a retirement heaven for North Americans. There are beachfront condominiums full with Americans and in the restaurants on the beach there they speak to you in english. So if you don't mind the money it could be a good place to retire. Certainly also something for Digital Nomads but rather for short term visits.

@dovygoodguy1296

11 ай бұрын

What would be the difference between PV and Punta Cana in the Dominican Republic?

Thank you for the video. I live in this region since 4 years, and I also work in real estate. For me there are better zones now in the area, where you can make a better deal. But I agree that Zona Romantica will be always almost rented out.

@TheWanderingInvestor

11 ай бұрын

Thanks. Yes, I agree. The article I wrote analyses neighbourhoods with more upside such as Versalles, etc

@y2vvilliam

11 ай бұрын

Better area like Versailles and Fluvial?

@TheWanderingInvestor

11 ай бұрын

@@y2vvilliam it’s all in the article: thewanderinginvestor.com/international-real-estate/full-guide-to-making-a-real-estate-investment-in-puerto-vallarta/

This discussion is centered on the most in demand high life part of PV. The numbers vary massively depending on the neighborhood. The suburbs residential neighborhoods are much more affordable, safe, and there is ample inventory. Keep an open mind!

What about investing in property around the Aijiic and Lake Chapala areas where there is also a large expat community? The weather is milder and purchasing a property with a trust is not necessary there? Also what about San Miguel de Allende?

@TheWanderingInvestor

11 ай бұрын

Nothing inherently wrong with these areas. Many people are moving there indeed.

Is the weather in PV as hot and humid in the summer months as some have said making it really uncomfortable for year round living?

@TheWanderingInvestor

11 ай бұрын

It’s definitely very hot and humid in the Summer

Whenever someone compares things especially real-estate to the past 3 years, I personally think they are off.. The pandemic was a special time that was highly unusual. It makes me think they are trying to sell me a dream..

@tw4943

11 ай бұрын

This is most certainly the case😂 there is alot of wrong info

@LittleJohnnyPaper

11 ай бұрын

@@tw4943 Can you please be more specific about the information that you think they got wrong? I am really interested in PV as a retirement destination and it would be helpful to know those details. Thank you for any information.

@kathychang1278

7 ай бұрын

@@tw4943?

am I glad that I invested in Puerto Vallarta 14 years ago. I bought dir cheap. Probably a few more years for up trend. I see a lot more bumps moving in too. Maybe its time for me to exit.

@TheWanderingInvestor

Күн бұрын

@@cryptobuilder well done!

We are approaching the Golden Age Mexico knows what's going on the most with all the colorful buildings everything is frequencies and vibration just the colors alone change can heal a person change their moods and expand their consciousness the even understand that with the church bells and the church organs that they use a lot more often than North America that's why the vibration is always higher down there we need to think in terms of frequencies and vibration we are co-creators of the planet through meditation we can change the world just need to look at the positive all the time I'm looking at investing down there as well coming from Ontario I can't take the gray and brown subdivisions and extremely high prices my intuition is guiding me down there thank you for this wonderful video

Love PV. Still there? Bullish Mexico too. Here in Zapopan with the woman (Mexicana)

@TheWanderingInvestor

11 ай бұрын

Nice. Not there anymore. Spending Summer in Montenegro

@mattball7074

11 ай бұрын

@@TheWanderingInvestor Ah sounds awesome Take Care man

$500k is a pretty hefty sum of money. You can find new condos in Miami for that money

@TheWanderingInvestor

Ай бұрын

Yes

Can you do a video on Beirut, Lebanon please

@TheWanderingInvestor

11 ай бұрын

On my to do list

Hola Mi Nombre es fabrizio Robles. Me puedes ayudar en vender 4 departamertos . En la 5 de diciembre Puerto Vallarta

Why would the 'anti-vaxer type' go to PV?

@TheWanderingInvestor

10 ай бұрын

Because it’s not Canada

@JonathanDavis1

10 ай бұрын

@@TheWanderingInvestor No doubt. So why PV? What was different? I was in Mex this year (CDMX tour to Cancun). Message I got was they locked everyone up, masks etc and vxes etc

@Thomas_Hardy.

8 ай бұрын

Mexico was completely Open "All Through The Lockdown" without any vax paperwork and without any testing. It was very very refreshing and established Mexico as a top travel destination. Their tourism numbers moved ahead of Thailand.

You said there is little downside Take a look at Acapulco which is a bit further south. This was a dream holiday destination for decades and suddenly became a hotbed of nacro violence where it's unsafe for anyone to visit Also, even if people are buying in cash, if there is an economic downturn and homeowners have liabilities in other markets - they are likely to sell their international properties to sure up their portfolio in their home market

@TheWanderingInvestor

11 ай бұрын

Thanks for highlighting the Acapulco-like risk. As for the cash market element, I don’t say prices can’t go down, but they would go down much slower not as hard as in a market with a lot of leverage.

@Thomas_Hardy.

8 ай бұрын

RIP Acapulco.

@TheWanderingInvestor

8 ай бұрын

@@Thomas_Hardy. 😢

I like to go where gringos don't go. PV is not for me regardless of cost.

@TheWanderingInvestor

11 ай бұрын

Definitely a lot of foreigners in PV. It’s part of its appeal.

480k for this apartment is a bit too much?

@TheWanderingInvestor

11 ай бұрын

I wouldn’t invest there as a pure investment. It’s ultimately a lifestyle decision.

@Kotiara123

11 ай бұрын

@@TheWanderingInvestor what kind of lifestyle is that with that view? I would feel like a loser if I woke up and saw it every day I can feel like a loser for a small fraction of that money in most places

@TheWanderingInvestor

11 ай бұрын

@@Kotiara123 then go somewhere else. The point is there is a strong market for it. For you & I? No. For many other people? Yes. PV is a big destination.

@kathychang1278

7 ай бұрын

@@TheWanderingInvestorwhy you are not ?

Not important for the video but we walked past each other in Emiliano Zapata. :D

@TheWanderingInvestor

11 ай бұрын

😅😅🍻

They need to upgrade the airport. It is brutal getting through immigration and, even worse, customs. I go twice a year and it is nearly always awful.

@TheWanderingInvestor

11 ай бұрын

Yes. This revamp and expansion they are doing is overdue.

PV is such a beautiful place, it's too bad it is being ruined by all those concrete high rises. Taking away the Mexican cultural for greed.

For the people talking about the very high price of this apartment. PV is on the pacific coast and attracts many Californians . Its close to California by flight. People from California don't see $500k as a large amount to spend on real estate. Canadians also don't feel that $500K is a large amount to spend on real estate.

half a million dollars for a small apartmene??? it is a joke!!!!!!!!