All posts filed under: Real Estate

Barry Myatt, Nuestro Especialista en Propiedades Completas

Spotlight on Full Ownership Specialist Barry Myatt

This week we are featuring Barry Myatt who is the Full Ownership Specialist at Garza Blanca Real Estate. Born in Boston, MA, Myatt and his family moved to Puerto Rico when he was a child where he lived up until 1974 with a few years spent living in California as well. After finishing high school, Myatt studied art, advertising, cartooning, sculpture and art history at the renowned New York School of Visual Arts in Manhattan, New York. Continue reading below to learn how this art and cultural aficionado transitioned into a real estate expert that is one of Garza Blanca’s esteemed team members.  Art Education & Real World Experience During his studies, Myatt was fortunate to have studied under famous artists such as Harvey Kurtzman, Will Eisner, and Marshall Arisman among others. The Arts and Antique field intrigued Myatt and he was inspired to learn the business from the bottom up. His early work included buying, restoring, and appraising which became a true passion for him. During a vacation in Hawaii, he took advantage of …

Sneak Peek Into Garza Blanca’s Real Estate Expansion

We are all very excited here at Garza Blanca Real Estate. As you are probably aware, we are preparing for the expansion of Garza Blanca Puerto Vallarta, and we’ve just seen the Master Plan and architectural plans for the next phase. It’s still early days, with the official launch and pre-sales estimated for Summer 2019, but what I can tell you is this: 2 new hotels, hotel villas, independent luxury residences, and a wide array of new condos. The condos will include 1 bedrooms, the ever popular 2 bedrooms, and larger 3 bedrooms. Add multiple swimming pools, a village square with restaurants and bars, and a plethora of amenities into the mix, and this will definitely be a winner. Here are a couple of sneak images for you of the site, as well as the condo buildings. Do you want to be part of the next phase? Do you want to own a jewel in Puerto Vallarta’s crown? Do you want to be the first to receive pre-launch plans and prices? Then drop the team …

Is Fractional Ownership For Me?

You want to own a second home, but you are wondering about whether it’s the right thing to do. After all, you will only use it a few weeks a year to vacation with the family. Can you justify, or afford to buy a place outright, have the ownership expenses all year round, and only use it for vacations? Have you considered fractional ownership?   What is fractional ownership and how does it work? Is it a safe option? Is it right for you? The concept is reality is very simple, and very safe. Fractional ownership, unlike vacation clubs, is fully deeded, meaning that you own a percentage of your property. How does it work? We bring unrelated parties together to co-own a second home, similar to what friends and relatives have done on their own for years and decades. Fractional ownership is the shared ownership of a residence with partner owners in the same unit. Residences in this program are divided into fractions of 1/12 (4 weeks) per year, for life.   You get …

Can I Finance My Full Time or Fractional Purchase?

In this month’s Real Estate article, we are going to discuss a question we often get from potential buyers here at Garza Blanca: can I finance my purchase? Almost everyone falls in love with Garza Blanca. And what’s not to love? The breathtaking views? The meticulous attention to detail? The endless list of services available to our owners? Why wouldn’t someone want to own a vacation home here, a second home or even a retirement home? Being here and experiencing the service triggers emotions in people, and the thought of ownership is one step closer.   Many buyers who walk into the sales office don’t even ask for a tour the property. They have already stayed in the condos, they have laid down by the pool or the beach, they have been waited on by the best in the industry. But then “reality” kicks in, and people think – can I really afford this? A one-off cash payment might not be an option for everyone, and many buyers wonder if financing is available to purchase …

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What is Fractional Ownership?

Fractional ownership is the shared ownership of a residence, with partner owners of the same unit. Fractional ownership is titled ownership, meaning that anyone who buys a fractional (just like with full ownership) has a title to the asset / property. This also means that as the price of property in the area increases over time, so does the value of the investment or fraction. Each fractional unit within Garza Blanca has a total of 13 owners. Each owner buys a 4-week fraction, (12 of them) with the 13th owner getting only 2 weeks. The 2 week fraction is always for weeks 51 and 52, which is the Holiday fraction. The rest of the owners buy a fraction with a season: winter, summer and spring / autumn. The fraction rotates every year within the season. Attached below is a 10 year schedule for your information, so you can see how the fractions rotate each year. If you are thinking about purchasing a Fractional Ownership at Garza Blanca, now is a great time to do it! …

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How to Plan a Move to Mexico

Do you dream of making a move to Mexico to live out a second youth? There are some things to consider if you have decided to move to Mexico. Anytime you move to a new country it involves some planning, so here are some important tips that will help you with your move to Mexico.   VISA Applications and Travel Arrangements Foreigners who enter Mexico are given a 6 month Tourist VISA also known as a FMM Visa. However, if you are planning a move to Mexico, you should apply for a resident Visa for a longer stay.  It is recommended to get help from an immigration lawyer who will help you navigate the immigration process to avoid wasting time at the Immigration offices. Also, if you plan to fly when you move to Mexico, ensure all flight tickets and travel arrangements are secured ahead of time. You don’t want to run the risk of not being able to fly on the dates you want to.    Ensure Passports Are Current Did you know that …

Marble Flooring – Elegance & Durability

Living and owning luxury real estate in Puerto Vallarta lends itself to consider what type of flooring you want for your home. Unlike homes in the United States or Canada, most homes in Mexico have tile flooring for ease of cleaning and practicality. Carpet is a big no-no in Mexico, and most people do not miss carpet at all. If you want to add a touch of warmth or a pop of color, a sectional rug can be a perfect addition to complement your classy tiled floor. The most commonly used tiles in Mexico are made of ceramic, porcelain, brick, cantera and marble. Without a doubt, marble floors are the most elegant and durable of flooring choices, and that is why marble flooring is incorporated into each beachfront residence at Garza Blanca Preserve Resort & Spa. Read below to learn more about the history and function of marble flooring, and why Garza Blanca Preserve Resort & Spa only uses the highest quality Italian marble tiles in each luxury suite. Marble is a metamorphic store that …

Retirement In Mexico: Top Benefits

Vacationing in Mexico is a wonderful way to make lasting memories for people lucky enough to experience the beauty of this incredible country. Mexico is known for its having the best climate year-round, accommodations are reasonably priced, there is an abundance of great restaurants, and miles and miles of white, sandy beaches. For many years Mexico has been a top tourist destination worldwide. If you were fortunate enough to vacation in Mexico, did you fall in love with the country and now want to purchase luxury beachfront real estate and maybe relocate permanently to enjoy retirement in Mexico? Are you ready to ditch the fast paced life in Canada or United States and live a wonderful, laid back life in Mexico? Are you hoping to start planning your retirement in Mexico soon? If you are, then the information below will help you. Interesting History The rich and interesting history are just a couple of the most attractive elements that make retirement in Mexico so special. From the Spanish architecture to the Mayan ruins to the …

Benefits of Real Estate Investment

With the unprecedented availability of properties in the region due to ongoing development as well as continuing enhancement to the area’s infrastructure such as expanded high-speed Internet and a highway that will connect the shore to Jalisco’s capital of Guadalajara, there may have never been a better time to make the Puerto Vallarta area into your new home.

   Renting and yearly leases provide accessible avenues into making your dream of a life on the Mexican coast a reality, but more visitors than ever are making the most out of the city’s evolution by purchasing property in the area. Particularly in a thriving atmosphere like modern Puerto Vallarta, owning real estate not only provides full time access to a tropical paradise, but represents an intelligent investment as well. Real estate is an asset which inherently gains value over time, and with the city completing its transformation into a travel destination on the global stage, prices for properties will only increase with the expected influx of new arrivals. Properties purchased in Puerto Vallarta may also be …

Myth vs Reality of Purchasing a Home in Mexico

Garza Blanca Real Estate’s full-time ownership specialist, Barry Myatt would like to share with members some intriguing insight into the Mexican real estate market. Over the years, Barry has interviewed more than 25,000 real estate clients and was involved with the early fractional real estate market. He operated a private travel agency as well as worked as a consultant in tourism. He has lived in the Caribbean, New York City, Hawaii, and Mexico. You can find Barry working alongside Maria Estela Nuñez at the real estate office on site at Garza Blanca Resort & Spa on your next trip. Why not ask him for some advice? Some Facts & Figures – Tourism and Mexican Real Estate The Mexican government began strategically encouraging tourism to Mexico in the 1960s and 70s, and the country has seen exponential growth of tourism every year since then. Many tourists fell in love with Mexico and decided to purchase part-time or full-time residences inside of Mexico. There is a Mexican saying, “De la vista nacer el amor,” which means, “You …