Documents Required to Buy or Sell a Property in Puerto Aventuras

Puerto Aventuras is a popular tourist destination located in the Riviera Maya, Mexico. The town is home to a variety of resorts, restaurants, and shops, and it is a short drive from the popular tourist destinations of Tulum and Chichen Itza. As a result, Puerto Aventuras is a desirable place to live or invest in real estate.

If you are thinking of buying or selling a property in Puerto Aventuras, it is important to be aware of the necessary documents. The documents required will vary depending on the type of property you are buying or selling, but there are some general documents that are required in all cases.

Documents Required to Buy a Property in Puerto Aventuras

The following documents are generally required to buy a property in Puerto Aventuras:

• Proof of identity: This can be a passport, driver’s license, or other government-issued identification.
• Proof of residency: This can be a utility bill, bank statement, or other document that shows that you live in Mexico.
• Proof of financial ability: This can be a letter from your bank or other financial institution stating that you have the financial resources to purchase the property.
• Pre-approval for a mortgage: If you are financing the purchase of the property, you will need to have pre-approval for a mortgage from a bank or other lender.
• Deposit: The seller will usually require a deposit from the buyer to secure the property. The amount of the deposit will vary depending on the property and the seller.
• Purchase contract: The purchase contract is a legally binding document that outlines the terms of the sale. The contract should be reviewed by an attorney before it is signed.
• Notarized closing documents: The closing documents will be notarized by a public notary. The closing is the final step in the purchase process, and it is when the seller will receive payment for the property and the buyer will receive the title to the property.

Documents Required to Sell a Property in Puerto Aventuras

The following documents are generally required to sell a property in Puerto Aventuras:

• Proof of ownership: This can be a title deed, a property tax bill, or other document that shows that you own the property.
• Proof of residency: This can be a utility bill, bank statement, or other document that shows that you live in Mexico.
• Proof of financial ability: This can be a letter from your bank or other financial institution stating that you have the financial resources to sell the property.
• Selling agreement: The selling agreement is a legally binding document that outlines the terms of the sale. The agreement should be reviewed by an attorney before it is signed.
• Notarized closing documents: The closing documents will be notarized by a public notary. The closing is the final step in the sale process, and it is when the buyer will receive the property and the seller will receive payment for the property.

Additional Documents that May be Required

In addition to the general documents listed above, there may be additional documents that are required depending on the specific circumstances of the sale. For example, if the property is a condominium, you may need to provide a copy of the condominium association’s bylaws. If the property is a timeshare, you may need to provide a copy of the timeshare agreement.

Tips for Obtaining the Required Documents

If you are buying or selling a property in Puerto Aventuras, it is important to start gathering the required documents early in the process. This will help to ensure that the sale can be completed smoothly and on time.

Here are a few tips for obtaining the required documents:

• Contact the seller or the buyer’s agent to request a copy of the required documents.
• If you are the buyer, you may need to obtain documents from your bank or other financial institution.
• If you are the seller, you may need to obtain documents from the property’s title company or other relevant entity.

“Condominiums Enable Investors to Purchase Homes and Gain Significant Profits”

While some international destinations are still struggling to recover from the impact of the pandemic, regions like the Riviera Maya have not only returned to 2019 levels but have also experienced significant double-digit growth, boosting investment opportunities in the area. New accommodation models such as apart-hotels have gained traction. Internationally, the Mexican Caribbean has garnered attention with a 15% increase in visitors, a notable achievement when many tourist attractions around the world are still struggling to rebound, attributed to the pandemic context, according to José Antonio Vázquez, CEO of Wyndham Grand Mayakaan. In an interview with ‘Real Estate Investment,’ an expert shared a concerning statistic about the number of travelers: when comparing the number of tourists traveling to other global destinations like Asia, Europe, or the United States from 2019 to the pandemic period, some countries have fully recovered, while others still report negative tourist numbers. “In the Mexican Caribbean, areas like Cancun and the Riviera Maya not only showed recovery but also recorded over a 15% growth compared to 2019. This high growth, supported by data from December, is a significant development for 2022, and it is expected to continue throughout the year.”

In this context, as highlighted in a program hosted by Neximo’s CEO, Karim Goudiaby, the Riviera Maya remains one of the most attractive destinations for real estate investment. Additionally, significant investments in infrastructure by the Mexican government have piqued investor interest in this part of the country. After all, as Vázquez pointed out, “when the government invests in tourism and infrastructure, it opens up opportunities for private investment. If the federal government is investing heavily, why shouldn’t we, as investors, follow the same trend?” Regarding observations in Cancun, he noted the area’s significant development in terms of accommodation demand, contributing to the growth in hotel offerings. “If you analyze the growth in the number of rooms in Cancun, you’ll see it’s increasing by 20,000 rooms annually, with approximately 120,000 rooms now available. This has been the trend in recent years, indicating substantial growth comparable to that seen in Dubai. So, the risk of constructing large hotels is more limited because you can see that the supply is growing significantly. However, demand will eventually catch up, as evident in Cancun or hotel occupancy rates in Mexico. In the Caribbean, occupancy can reach 80% or 90%, and in some seasons, even 100%, which creates strong demand, fully utilizing the supply,” he added.

New Housing Trends

He discussed emerging trends in the accommodation sector, highlighting that the brands he represents identify opportunities in promoting vacation projects based on the apart-hotel model. He mentioned that with this approach, tourists not only have the chance to stay in branded hotel-residences and access top-notch resort amenities but also allows interested investors to purchase residences and earn attractive profits from accommodation expenses and hotel-backed capital gains. “What’s most interesting is that the company doesn’t just enter the hotel business but also ventures into the apart-hotel business model, where an owner can buy a residence or home and operate it as a hotel that the owner might use one or two times a year. The rest of the time, it operates as a hotel backed by Wyndham,” the executive added.

Regarding the differences between such projects and vacation rentals like Airbnb, he pointed out that while they share the same accommodation concept, these projects are managed by hotel companies and offer the option to stay in branded hotel residences. “Properties managed by Airbnb control occupancy and compete on price, unlike branded hotel properties, which enjoy high occupancy rates because they have the full brand knowledge, sales team, and other elements for weddings and conferences. This ultimately boosts occupancy and revenue,” he confirmed. Finally, he emphasized this point once again.”

by Rodrigo Madrid

Building with Palapa Roofs in the Caribbean: Pros and Cons

The Caribbean is a dream destination for many, offering sun, sand, and sea all year round. For those who are lucky enough to live in this paradise, building a home that suits the tropical climate is essential. One of the most popular choices for roofing in the Caribbean is the palapa, a traditional Mexican thatched roof made from palm leaves or grass. In this article, we will discuss the pros and cons of building with palapa roofs in the Caribbean, including costs, maintenance, design, and climate benefits, as well as alternative construction materials.

Pros of Building with Palapa Roofs in the Caribbean

1. Cost-effective: One of the primary advantages of building with palapa roofs is their affordability. Palapa roofs are relatively inexpensive compared to other roofing options such as concrete or metal.
2. Aesthetic appeal: Palapa roofs add a unique and authentic tropical touch to any home. They can be designed in various shapes and sizes, allowing for a creative and personalized touch.
3. Climate benefits: Palapa roofs are excellent insulators, providing natural ventilation and reducing the need for air conditioning. They are also eco-friendly, as they are made from renewable materials.
4. Low maintenance: Palapa roofs require minimal maintenance and can last up to 30 years if adequately installed and cared for.

Cons of Building with Palapa Roofs in the Caribbean

1. Fire hazard: Palapa roofs are highly flammable, and in the event of a fire, can quickly spread to other parts of the home. Special fire-resistant treatment and precautions must be taken to prevent this.
2. Durability: Although palapa roofs can last up to 30 years, they are not as durable as other roofing materials and require more frequent maintenance, especially in areas with high winds, heavy rains, and hurricanes.
3. Insect and pest problems: Palapa roofs can attract insects and pests such as termites, rodents, and bats. Regular fumigation and inspection are necessary to prevent infestations.

Alternative Construction Materials

While palapa roofs are a popular choice, there are alternative construction materials that can provide similar benefits without the drawbacks. Here are some options:

1. Concrete roofs: Concrete roofs are highly durable and fire-resistant. They can be designed to mimic the appearance of palapa roofs and can also provide natural ventilation.
2. Metal roofs: Metal roofs are highly durable, weather-resistant, and can last up to 50 years with proper maintenance. They can be designed to mimic the appearance of palapa roofs and can also provide natural ventilation.
3. Shingle roofs: Shingle roofs are highly durable, weather-resistant, and can last up to 30 years. They can also provide natural ventilation and come in various colors and designs.

Conclusion

Building with palapa roofs in the Caribbean has its pros and cons. While they are cost-effective, aesthetically pleasing, and eco-friendly, they also pose fire hazards, require more frequent maintenance, and can attract insects and pests. However, alternative construction materials such as concrete, metal, and shingle roofs can provide similar benefits without the drawbacks. It is essential to consult with a professional builder and consider all factors before choosing the best roofing option for your home in the Caribbean.

Unique Eco Design and Architecture in the Luxurious Apartments and Eco Real Estate  Tulum

Tulum is one of the most exclusive destinations in the Mayan Riviera and cover letter in terms of avant-garde and architectural design in its new real estate developments in the state of Quintana Roo Mexico

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Undoubtedly Tulum in Quintana roo Mexico is one of the world’s favorite destinations right now around the world

Its ecological hotels and the majica atmosphere of the Mayan culture  the jungle of Quintana Roo,  excellent gastronomy and a unique architecture that has been developing in the unique style of Tulum

All the hotels in the hotel zone have few rooms and the high demand makes them more expensive and exclusive, which gives the real estate investor more security in their investment.

The design and architecture of the new real estate developments in Tulum make it increasingly attractive for those who are looking for a safe and high-value real estate investment, the ecological and organic part is always important within the constructions in Tulum,

One emblematic constructions such as the hotel Azulik Tulum gave it a unique personality that little by little many real estate developments have been adopting to give Tulum an authentic architectural personality.

Tulum is also known for the great support of its population for ecological and self-sustaining projects since its beaches are protected areas of the Tulum and Sian Kahn ecological reserve.

In the Tulum coba corridor you can find numerous first-class ecological residential projects such as  mahana , Green Dream Los Arboles  among others with incredible ecological houses totally self-sustaining the dream of peace and tranquility for any nature lover since in this type of ecological developments you can find outside your house a monkey to a toucan different exotic birds cuatis all the diversity of fauna and flora of the Mayan jungle

You can also find in the Aldea Zama residential complex, just a few minutes from the beach, luxury condominium developments made by the best architectural studios in Mexico and the United States.  Such as Boho, Sundara, Jungle Lofts , Tho  kuu kum, to mention a few, zama village is a complex of houses and luxury condominiums very well developed and urbanized with a commercial area with restaurants shops yoga studios condo hotels luxury 1 and 2 bedroom condos with an excellent return of investment in vacation rentals operated by the same developer, an excellent option for real estate investors due to the high % of occupancy that these types of properties have.

Another option in Tulum where you will also find a wide variety of luxury real estate proposals but let’s say more bohemian but no less avant-garde in design and architecture is La Veleta in the heart of the Town, the residential area of ​​the town with the highest growth in terms of Luxury real estate developments in Tulum, in constant growth is the vane that has a wide variety of real estate proposals of great design, spaciousness and comfort, always with the style of Tulum that has been developed in the avant-garde real estate Tulum area. México

Post by Rodrigo Madrid

This Wealthy Enclave In Riviera Maya Mexico Is The Backdrop To A New Latino Series, ‘The Garcias’

Located just 20 minutes south of Playa del Carmen is a small town called Puerto Aventuras where two marinas and a gated luxury community are surrounded by lush tropical jungle. It is the only private development with an ocean-front marina along the Riviera Maya shorelines and is fronted by three sheltered bays.

Out of all Riviera Maya’s resort communities, the one in Puerto Aventuras stands above the rest with more English speaking business owners, restaurants serving American fare and a luxury Thomas Leman golf course adjoining the 900-acre gated community. This attracts many international retirees, wealthy investors, and also offers a safe shelter for golfers and vacationers. It has become a dream haven for retirees, especially from the United States, and with the town’s proximity to Tulum, (30 minute drive), offers abundant options for day trips.

I spoke with Román Rivera Torres, Architect and creator of the Puerto Aventuras development which he founded in 1998, and he was excited about bringing Hollywood filmmakers to the area to showcase the area and its unique offerings.

“Puerto Aventuras is the first large-scale Resort along the Riviera Maya to be self- operated, and independent from government intervention,” he said. “The Resort is developing a unique concept known as ¨Central Park¨ as part of our Master Plan allowing all open air family activities to take place along with our special security preventing outside influences linked to corruption and drugs.”

He explained that Puerto Aventuras´ population has 4,500 to 9,000 on the East side for tourism and counts on the support of the town of 39,000, which is soon to become an independent Municipality.

Some of the most famous movies have been shot in Mexico from Titanic, and Rambo to James Bond’s 007 Spectre, and now a group of latino filmmakers are creating new material in the Riviera Maya region showcasing authentic latino stories that reflect away from traditional stereotypical characters.

“The Garcias,”  is HBO Max’s reboot of the hit Nickelodeon series The Brothers Garcia, and comes from New Cadence Productions, the banner founded by Brothers Garcia co-creator and executive producer Jeff Valdez.

By shooting the show in Puerto Aventuras, the series showcases an American Latino family in Mexico. According to executive producer Sol Trujillo, “The show is going to inspire the Latino community, and we are breaking traditional stereotypes. Most studios are making films with Mexican drug dealers, and cartels. But if you were a Latino parent, do you want your kids watching it? There are certain generations of Latinos now that don’t want to watch that stuff either. Our story is about a family that happens to be Latino.”

Jeff Valdez says “Part of the reason we shot in Mexico was because we had such a tight budget and we had to get our money to go further. We filmed within the gated community of Puerto Aventuras which really helped in terms of COVID because we were kind of a bubble within a bubble.”

Real Estate in the Riviera Maya the Best Investment in Times of Pandemic

More than 2 years ago, living in one of the great cities of the world was what most people wanted, it meant for many to be at the forefront of fashion, art, business, technology, to be part of the evolving world.

Until the covid arrived, the pandemic that contrasted the ideals of living in a big city, the pros and cons, the pandemic definitely made us rethink the values ​​of living safely free in contact with nature. where coexistence with nature translates into a better quality of life and greater freedom have options to be outdoors and not locked in a city in the middle of buildings, noise and smoke we are re-considering our lifestyle this is making many families sell their properties in large cities and begin to migrate to places like the Mayan Riviera and many others of its kind in the world

At the same time, the pandemic is reshaping the world of business, investments and the economy, where it is increasingly difficult to trust the safety of your money in banks.
And where we are finding new ways to travel safer for our health, the tourism figures in recent times of the pandemic have been reconfigured and tourists are looking for new options such as condominiums, houses or villas for vacation rental than hotels for hundreds of people where the risk contagion is much higher these and other factors have contributed to an increase in real estate in Playa del Carmen destinations where investing in properties has a great capital gain your money is not devalued as in a bank and in turn it is a great business opportunity with an excellent return on investment

Puerto Aventuras has everything that any family would want to raise their children and also what any family needs to spend an excellent vacation on the Mayan Riviera.
Marina restaurants and bars shopping center beaches cenotes golf course parks gyms theater schools sailing club bike paths spa

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