Our Experience Buying a House in Puerto Vallarta Mexico

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Living Simply in Mexico

Living Simply in Mexico

Күн бұрын

Пікірлер: 236
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Check out our follow-up video: kzbin.info/www/bejne/q2m8g4aoeayebZY
@gm-qn8ri
@gm-qn8ri 5 жыл бұрын
I agree with you 100% when I move to Mexico in a few years from now .I just want the basics .I don't care much for stainless steal appliances , Granite Counter Tops ,Dishwasher Etc .Not that you can't get that in Mexico,but if I'm going to complain and be picky about all that , I might as well just keep my sorry ASS here in the Good Ole USA . I'm looking to move to a Colonial City like San Miguel de Allende .Perhaps Ajiijiic in the Lake Chapala area . I also plan on not owning a car ..I plan on eating a lot of great Tacos Drinking some cold Mexican beer and listening to Mariachi bands .
@EastCoastGal66
@EastCoastGal66 5 жыл бұрын
richard mctere That will be a Great way of living❤️
@ExceedX3
@ExceedX3 5 жыл бұрын
very good choice, there are people who choose to live with luxuries others with the basics, and in Mexico you can get everything they sell in the states, plus good tacos almost anywhere there are, there are many things to do in Mexico, I am from Guadalajara , and I hope to live in ajijic or stay here and move to another area, I have heard that many people retire to ajijic and chapala, but also to guadalajara, I have seen many foreign people and you can see that they spend very well
@angelicahernandez9964
@angelicahernandez9964 5 жыл бұрын
Goals
@bestbets6972
@bestbets6972 5 жыл бұрын
Lynn Collett Lynn? What a name for a tough guy with a pony tail. You get what you pay for, that's the way is been and it will ever be. Bring me the money I'm sure there's lots of stuff to buy in the woods big spender! 😜
@WestShoreMan
@WestShoreMan 5 жыл бұрын
Lynn Collett How ignorant you are.
@mangaku1
@mangaku1 5 жыл бұрын
Finally a realistic vid on living in Mexico
@kellysy3191
@kellysy3191 4 жыл бұрын
I lived in PV growing up and now I'm trying to convinvced my husband to move over there, we are currenbtly living in USA. PV is honestly the best place to be, in my opinion. I hope after I show him this video he can at least consider it. Thanks for the video!!! Enjoy life in PV!!!
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
Thanks! And we of course agree with your opinion!
@erikawoods8975
@erikawoods8975 5 жыл бұрын
You guys! I am from SLP married a Texan and now here I am too. Y’all make so jealous living in and enjoying my beloved MX. I definitely stepping up my game talking my hubby into getting me back home 😂
@alexcastillousa
@alexcastillousa 4 ай бұрын
Thanks for sharing the beginning of your journey!
@EastCoastGal66
@EastCoastGal66 5 жыл бұрын
We ❤️ Puerto Vallarta and we plan to live for half of the year in just a few years! Enjoy your lives In Paradise!
@eddym5532
@eddym5532 5 жыл бұрын
South of Mexico in a couple of years it`s going to be lot of changes for the better, like Quintana Roo, Yucatan, Chiapas. Keep an eye on it.
@deanguy66
@deanguy66 5 жыл бұрын
I'm curious as to what you see happening there.
@armandob.castenelli3525
@armandob.castenelli3525 4 жыл бұрын
Wow, That view is spectacular. Love the simplicity. I always think that way. Those of us who have experienced grand luxury, we want to go back to living simple. My biological family lives an hour north from there and sister's husband is very good at construction. I plan to use his services when I build my nest down there. Congratulations.!
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
Thanks Armando, love the comment, you are spot on!
@robertdominguez3040
@robertdominguez3040 5 жыл бұрын
Yes, that view is a selling point. I really like the way you think about buying and yes is all about what you want and what you don't want, but, but 55 steps are a little bit to many, although those steps going to get you in a great shape...
@jamesday7344
@jamesday7344 5 жыл бұрын
Seems like you had the right state of mind going into it. Good for you guys, enjoy your view and home
@Aleja-zf6ki
@Aleja-zf6ki 3 жыл бұрын
Just found your channel today and I loved it! You guys make very good & informative videos.
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
Thanks Maria!
@zisananter
@zisananter 5 жыл бұрын
I loved loved your new place and thank you for all the good information. Enjoy PV.
@teresita4791
@teresita4791 5 жыл бұрын
I LOVE YOUR HOUSE, AND YOUR NEIGHBORS HOUSE, ITS SO BEAUTIFUL!
@maf8199
@maf8199 3 жыл бұрын
Thank you. This was SO helpful. Much appreciated
@erickvh117
@erickvh117 2 жыл бұрын
Hi! nice video, i'm a local and i really liked the way you made this paradise your hometown, now i see you're actually my neighbors (i live just 1 minute walking from your home) cheers!
@LivingSimplyinMexico
@LivingSimplyinMexico 2 жыл бұрын
Excellente! Say hello when you run into us!
@gigi-jeff
@gigi-jeff 4 жыл бұрын
Thanks for subscribing to our channel as it gave us a chance to see your journey as well! We share many of the same philosophies on simple living! Love the beach view! Enjoy! Gigi & Jeff
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
Thanks! There is something about living simply we all strive for!
@yessicamoman8501
@yessicamoman8501 5 жыл бұрын
You're video was very informative, we have a home on the mountains and our walk to our home is about 90 steps, however the view is beautiful. We are thinking of building a second floor would enjoy knowing and getting references. Our home also is not an expensive condominium or with other tourist its within the locals. By the way your view is beautiful also very close to the Malecon.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Yessica Moman Thanks! We liked our builder so much I created a website for them: www.castillopv.com/ Our neighbor had some work done by them so we went with them as well. Rafa Jr. and Sr. is a father / son team. The son did most of the day to day work with his team. The dad is fluent in English. Feel free to email me at livingsimplyinmex@gmail.com and happy to give you more info, neighbor!
@steveandpaula3541
@steveandpaula3541 5 жыл бұрын
Well done guys. Thanks!
@sweetds1
@sweetds1 3 жыл бұрын
Thank you! So much information and honesty. You should create a series on your own. Enjoyed this much more than house hunters.
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
Thanks for the comment! ❤️
@carolinebesinger8611
@carolinebesinger8611 4 жыл бұрын
Thanks see ya soon, we have a couple homes there ,and I'm coming home, nex xpat, we had those homes in our family for 39 years, it now out time so excited, to meet you 2 like your Style
@carolinebesinger8611
@carolinebesinger8611 4 жыл бұрын
What a view.
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
@@carolinebesinger8611 look forward to meeting you someday!
@gardeniamontes8044
@gardeniamontes8044 5 жыл бұрын
Hi you guys this is my first time whatching your videos ,im from puerto vallarta,but i live in salt lake city utah,you guys make a great decision ,puerto vallarta is beatiful place ,i was there last year
@gerardolozadluna4149
@gerardolozadluna4149 4 жыл бұрын
Woo hot tub and all that beautiful view wow very nice happy for you guys
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
Thanks Jerry!
@paulinawaas9204
@paulinawaas9204 5 жыл бұрын
How much did you pay for the house ?
@RatfromNadeaust
@RatfromNadeaust 4 жыл бұрын
Hmm idk but I’m guessing like 60k. Or a little more. I’m currently looking at home myself but in the state of Nayarit and I’ve found nice new homes for about 55k.
@mrbear3487
@mrbear3487 5 жыл бұрын
Nice lived in Mexico several years didn’t even bother to buy a car used public transportation instead mostly taxis buses. Although I did get a moped to go grocery shopping Locals asked me why I didn’t buy a car. instead of explaining, that I grew up in Los Angeles and fed up with driving a car. I just told everyone I couldn’t afford one. Mi girlfriend and I lived in Cuernavaca on four hundred dollars a month easily.
@LivingSimplyinMexico
@LivingSimplyinMexico 6 жыл бұрын
As some of you have asked, the website for our contractor is www.castillopv.com/. Thanks for watching! I am impressed by the number of people who have watched our entire video! Feel free to ask questions or give your own experiences in the comments!
@AndyX1337
@AndyX1337 5 жыл бұрын
Wow what a view! Thanks for sharing your story.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Thanks!
@patrickconnolly7799
@patrickconnolly7799 5 жыл бұрын
Charming and well edited video.
@carrolhealy8531
@carrolhealy8531 3 жыл бұрын
Where is this place that you bought the Acapulco chairs from? We tried one place off of Marketplace and it wasn’t a functioning place
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
Do a search on “ibanava pv” on Facebook and it’ll be there!
@firebird6522
@firebird6522 5 жыл бұрын
Nice house. Simple and comfortable.
@stephanies870
@stephanies870 3 жыл бұрын
Your place is gorgeous. Thank you for sharing
@out2flip
@out2flip 5 жыл бұрын
I’m one minute into the video and already know what I need to do. THANK YOU!! P.S. what is the realtors information. Please.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Have fun house hunting! Our Realtor was David Hoffman: tropicasa.com/team.php Cheers
@paulrichardson7905
@paulrichardson7905 4 жыл бұрын
Great information. I would like to know about taxes. I have a pension and Social Security monthly income which I receive from the USA. I pay tax on these in the USA and understand I will always pay USA tax on these no mater where I live in the world. If I live in Mexico would I need to pay the Mexico government tax on these incomes (World wide income) ?
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
We are not tax folks, so others would know more. Usually if you spend more than six months in a country there are tax treaties that apply. Here is one of many links you can search out. Have fun on your journey! www.escapeartist.com/mexico/live/taxation-expats-mexico/
@michelloranger2590
@michelloranger2590 5 жыл бұрын
Love the house and the area. We ve been going to Puerto Vallarta since 1995 and we love it. You re living our dream. Hope one day to be able to go live there too.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Michel Loranger Look forward to seeing you there!
@bjlugo5982
@bjlugo5982 5 жыл бұрын
So tell us the hold or the total cost of your property, if you would please. Very good information.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
BJ Lugo we don’t want to get too specific - it is really about negotiations and finding the right contractors. Purchase price was a Tesla and renovation was a Prius. Hope that helps!
@rachelhelen19
@rachelhelen19 5 жыл бұрын
I love it! That view
@anthonymoraga8946
@anthonymoraga8946 5 жыл бұрын
Awesome video, very informative! And your house is beautiful! I'd like to hear the story of how you get such a nice big hot tub up those stairs.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Anthony Moraga would you believe 8 guys by hand on the balcony floor by floor!
@MrSsthakur
@MrSsthakur 5 жыл бұрын
Great informative video. Very good tips.
@sylgibbons859
@sylgibbons859 5 жыл бұрын
Hello from Vancouver Island, BRitish Columbia Thanks for your great video. What price range would we be looking at for a small place such as yours. Perhaps, a bedroom? Older style.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
You really have to watch the listings for something around 100k USD, but they can be found. Prices seem to have gone up a bit this year. You can build a basic new house on a plot of land for 50K or so... the building is the inexpensive part. the more turnkey you go, the much higher the price. Cheers.
@sr9253
@sr9253 3 жыл бұрын
Is there a quiet area in the suburbs? How much did you pay?
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
Definitely there are quiet areas, but not where we live! Check out our friend Risa’s videos: kzbin.info/www/bejne/pV6tZKh8nticrMk. Our house was the cost of a higher end Tesla and renovations cost as much as a prius. Prices have gone up since 2017, but deals are still out there! Check out my.flexmls.com/ampimls/search/idx_links/20101209212452924646000000/listings
@tobsstone
@tobsstone 4 жыл бұрын
Great video. Could do with some numbers? Cost of place and renovations/
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
Noted!
@garyward1606
@garyward1606 3 жыл бұрын
Hey, really enjoyed your video! I'm currently working with David Hoffman to find a place. Looking forward to checking out the rest of your videos.
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
Thanks Gary, appreciate the comment. Enjoy the hunting and look forward to seeing you around town! Cheers, Stefan
@garyward1606
@garyward1606 3 жыл бұрын
@@LivingSimplyinMexico Do you guys live there full time or do you rent it out? My husband and I can't live down there full time yet, so, I'm thinking condo with rentability. I'm just wondering how viable a place like yours would be for rental. I saw the cathedral to the left. Are you in el cinco de deciembre?
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
@@garyward1606 we are in the El Cerro area. Our place is up the hill with many steps, so rental wouldn’t make too much $ given the effort. Recurring Cost to own is very minimal - this allows us to keep our house just to us and extended family. From what I can tell, prices continue to go up in PV, but rental fees have not so much. Even before the pandemic, my thought was that renting would cover expenses, but wouldn’t necessarily make money. I think for some, owning a house is a little scary, so this results in lower cost per square foot. We (Ada and I) own our own businesses in the SF Bay Area, have a Freshman in High School, and are dealing with complications of taking care of my parents - so the pandemic has kept us up north primarily. Still working, we try and make it in normal times down to PV every six weeks or so through some juggling and stay a week or two weeks at a time (we have a southwest companion pass so Ada flies free + taxes). In a way it feels like we are living two very different lives up north and down south - we would not change anything even though the pandemic has curtailed most of our travel. That is our story! 🤗
@ShoJ369
@ShoJ369 5 жыл бұрын
Not for me, but I wish you both happiness there, The roof with the hot tub is class. But I couldn't cope without a cooker or washing machine.
@K1k05
@K1k05 5 жыл бұрын
Consider this, life here is different... Portable restaurant stove (use indoors or outdoors) and a Microwave/Convection combination, it's easy to get a Washer/Dryer(People prefer to air dry) combination. Or, if, then all else fails, Eat out it's just to inexpensive, take your laundry to the lavanderia (laundry) they will clean all your clothes(personals too) and fold them for you for a few dollars. Learn to enjoy a new life...lol 🙏
@ShoJ369
@ShoJ369 5 жыл бұрын
@@K1k05 That does sound good, Maybe I will move to Mexico, thanks for getting back to me.
@StreetTruckinTitan
@StreetTruckinTitan 5 жыл бұрын
@@K1k05 Yes a laundry service would be a selling point for me! Looking forward to retiring to PV in the not to distant future. cheers!
@alohastateofmind3565
@alohastateofmind3565 6 жыл бұрын
What are the pros and cons of buying vs renting? Cost wise? What did you pay for your place if you don't mind answering.
@bewellstaywellnetwork
@bewellstaywellnetwork 6 жыл бұрын
Aloha State of Mind We never really weighed out the pros/cons of renting as buying was something we always had in mind. For us, we wanted a place we could make our own and have as a place to share with our friends and family, but without having a lot of extra stress and feeling weighed down by it. We bought our house for less than a tricked out Tesla.
@MultiScrappydo
@MultiScrappydo 5 жыл бұрын
Great choices, I think! I was hoping for some numbers 😁
@rogerresendiz2416
@rogerresendiz2416 5 жыл бұрын
If you rent.. Total expenses.. Run fron $1200-$1400 a month... Eating out twice a week...
@rogerresendiz2416
@rogerresendiz2416 5 жыл бұрын
House prices run from $25-$350 thousand
@samuel1121
@samuel1121 5 жыл бұрын
Lovely home,I like what you’ve done
@tanyabetancourt2382
@tanyabetancourt2382 3 жыл бұрын
Thank you for the informative video. Do you have a video on all charges/fees associated with home purchase in PV, Mexico? Thank you. Tanya
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
We don’t, but our realtor David Hoffman put some good info online: davidhoffmanproperties.com. Happy hunting!
@daddyrichard957
@daddyrichard957 5 жыл бұрын
Just love your home,from Trinidad.
@murreyhall6704
@murreyhall6704 6 жыл бұрын
great advice, thanks
@AB-Trains-Automation
@AB-Trains-Automation 5 жыл бұрын
They said purchase price is a Tesla, Renovations is a Prius Tesla S/X about $100,000 Prius about $30,000 Hope this helps
@jbrarh10
@jbrarh10 4 жыл бұрын
Pesos or usd 😅
@MrSgtau
@MrSgtau 5 жыл бұрын
Nice setup there! How much does the bank charge annually for administration of the trust?
@salvadorfernandez3455
@salvadorfernandez3455 5 жыл бұрын
Hey guys, is true that around June and July time there’s a lot of rain and thunderstorms? And if so, does the rain usually last all day? I’m traveling down there late June early July this year and was wondering if what the people are saying is true. Thanks in advance!
@adiielena
@adiielena 5 жыл бұрын
Salvador Fernandez yes it’s tropical rain season! It’s absolutely beautiful !!
@adiielena
@adiielena 5 жыл бұрын
Not all day but def a good chunk of the day
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Periodic rain and thunderstorms. When it is sunny it can be pretty hot. We like it though, just different than the winter months. Nothing that a cold beverage can't handle! The only real issue is the beach water quality can worsen given the runoff from the rivers at certain times. Well worth the trip in general!
@kiiyannahudson
@kiiyannahudson 5 жыл бұрын
Beautiful home . Everyone please be cautious of buying a home with stairs if your plans are to stay there as an elder.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
kiiyanna hudson Agreed, always know what you are getting into! Our neighbors are elderly and scoot up and down every day - this keeps the healthy! However, having a fallback plan is a necessity.
@pbjsilverstudio4882
@pbjsilverstudio4882 5 жыл бұрын
And the wiring?! Hahaha!! Have ya been to Thailand yet? We are looking at retiring outside the US and are considering Thailand or somewhere in Mexico. Thank you for the helpful information.
@mrvisitador1
@mrvisitador1 5 жыл бұрын
Pamela Bellesen how about the Dominican Republic cabarete area!
@pbjsilverstudio4882
@pbjsilverstudio4882 5 жыл бұрын
mrvisitador1 of it was not in annual threat of Hurricane I’d be all over that and my husband too!! Being a ‘water baby’, I LOVE The Caribbean. But after so much devastation from hurricanes lately, it scares me to death thinking of deliberately placing ourselves in the possible path.
@gustavobarajas6155
@gustavobarajas6155 5 жыл бұрын
The objective of the Mexican govt is to lower the dollar and strengthen the peso. This means ex pats with dollars are going to have to find a job, open a business in Mexico because dollars are not going to be worth much. The govt of Mexico will need anglo-expats to become Mexican citizens the reason is because the govt is going to ask for visas Mexico is no longer scared of U.S. policy.
@HiddenTruth346
@HiddenTruth346 5 жыл бұрын
Everyone and their mother is Moving to PV including me
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
We are trying to get our mothers to come down!
@leticia_v6404
@leticia_v6404 4 жыл бұрын
Thank you very helpful.
@johndaly4673
@johndaly4673 5 жыл бұрын
What if there is s fire or weather damage? Do you have insurance?
@robertmorin3641
@robertmorin3641 3 жыл бұрын
Hi. Recently found your vids and have subcribed and liked. I am familiar with most of PV from several vacation trips and was wondering what general neihgborhood you went with? We've liked staying at a small hotel about a block and a half from the pier on Los Muertos beach. Now retired and looking for longer term rental or possible purchase and our tastes line up pretty well with yours. Thanks for doing this!
@LivingSimplyinMexico
@LivingSimplyinMexico 3 жыл бұрын
Thanks for the comments Robert! We are in the El Cerro/Gringo Gulch area. We absolutely love it there with the traditional buildings and cobble stone streets. Going down the hill south, it’s an easy walk to the Romantic Zone or north to the art studios and Cinco de Diciembre. Cinco de Diciembre is a little less pricey and a little further away from the romantic zone, but similar in feel. We are way up the hill so we get our exercise in. There are more flat areas in Cinco de Diciembre if you are looking for more accessibility. We are so used to climbing hills now we don’t even know we are doing steps. Here is a video of the area. Note that when they show The Gringo Gulch map they also include El Cerro. kzbin.info/www/bejne/anOXmIOljcmHrqM
@robertmorin3641
@robertmorin3641 3 жыл бұрын
Thanks for that. Love that area too! All the best😎
@wadewave4323
@wadewave4323 5 жыл бұрын
David is our Real Estate Agent as well..we are going down to purchase on April 10
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Congrats! Tell David "Hi" for us!
@RicambiFiat500
@RicambiFiat500 5 жыл бұрын
@@LivingSimplyinMexico I am thinking about moving can you share your realtors name with us
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
RicambiFiat500 David Hoffman @ Tropicasa
@onetanamera1985
@onetanamera1985 5 жыл бұрын
RicambiFiat500 hi, I'm looking for David Hoffman? Would that happen to be you?
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
David’s info is here: tropicasa.com/team.php
@fv1291
@fv1291 5 жыл бұрын
You look like a cross between Rick Steves and Phil Donahue 😉 Thanks for the great video!
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Filbert V Ha! Once I was in a Europe and someone came over and asked if I was Rick Steves. Oh no! He is around 15 years older than me! Phil is much older! ... but I’ll take it as a compliment. ;0)
@fv1291
@fv1291 5 жыл бұрын
@@LivingSimplyinMexico Funny, I ran into Rick Steves in Munich one time, and he's really nice. We spent last Thanksgiving in PV, and will return next Thanksgiving as well. We stay at the Hotel Amaca, so are very familiar with stairs! The little funicular was a lot of fun too.
@bewellstaywellnetwork
@bewellstaywellnetwork 5 жыл бұрын
I can’t unsee that now. Uh oh.
@Nout-qu6gi
@Nout-qu6gi 5 жыл бұрын
What website do you recommend to search homes for sale?
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
This we've found to be good: www.mlsvallarta.com/ Cheers
@mikehuffman5460
@mikehuffman5460 3 жыл бұрын
what a view!
@nucreation9833
@nucreation9833 5 жыл бұрын
Is it expensive to replace the windows with sound proof windows in Mexico? Have you even considered it? I think it would make a big difference
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
NuCreation You are correct, but we went the traditional route. Anything higher end would be expensive though and reduce the feeling/ vibe of the place. It is a tough balance for sure, considering conveniences vs accepting the local PV lifestyle! I’ve learned to turn the sensitivity way down on my mic! 😉
@oscarnavarro5279
@oscarnavarro5279 4 жыл бұрын
Excellent content, love it 😊😊 New sub
@lynnesunshine
@lynnesunshine 5 жыл бұрын
I really enjoyed this video and advise on a different attitude with living in Mexico. I would appreciate some actual costing examples of construction costs and hot tub etc... Looks like you are enjoying PV life! Gracias!
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Our basic renovation was the cost of a prius including the hot tub. Asking our contractor what would it would take to build a basic house from scratch on already purchased land, their estimate was around $50K USD. Anything related to concrete, tile, ironwork (ie manual labor) is very inexpensive. They just raised the minimum wage in Mexico to approximately $5USD per day (not hour). Anything purchased from a store is more expensive. We bought a locally built hot tub, but I did compare tubs at the costco in the US and in Mexico - about $1000USD more in Mexico for the same tub. Another basic (but important!) thing is our blender -- about $60 in the US and $100USD in Mexico.
@lisafarrell6334
@lisafarrell6334 5 жыл бұрын
Do you have videos on the costs involved.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
We don't break down on the real estate costs, but fairly minimal and an agent can walk you through them. Utilities are inexpensive and a we pay for the entire year. Property tax is very low. Most expensive cost is a trust to hold the property, which can run $500 or a little less annually. Sorry we don't have more detail for you here. Unlike many other things in life, our house in PV is quite cost effective. That is the benefit of owning a home as condos have their monthly fees, but also provide benefits of well of course. All the best!
@romanvansanchez1
@romanvansanchez1 4 жыл бұрын
My husband has one of those step watches!! lol Suggestion: Put a stain glass window up, so you won't see the wires? Mexicans have many talents there!
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
We have many ideas... part of the fun!!
@lauraahernandez2620
@lauraahernandez2620 5 жыл бұрын
Did you have difficulties making the funds transfer to purchase the property?
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Laura Hernandez Actually great question. In PV, at least where we were at, the escrow was held in the United States and the transaction was completed in USD - I guess this is fairly common even for a Mexico based seller. We did open up a bank account in PV for expenses and that was no problem. Good to have an account locally. Cheers
@lauraahernandez2620
@lauraahernandez2620 5 жыл бұрын
Thank you! Your reply is very helpful.@@LivingSimplyinMexico
@livingintorontorealestate
@livingintorontorealestate 5 жыл бұрын
For a somewhat similar house, (I know no two houses/situations are the same). .. But, with price increases, what do you think a similar type house (needing renovations, etc. with a view) in one of the neighbourhoods surrounding the center. What might the price tag be? .. Also, were you able to negotiate on the price? Saludos
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
David Murray Maclean Yes, you can definitely negotiate down. Some places are “Make me move” prices that are way too high, while others are more realistic. Houses can stay on the market for a long time. You’ll find houses around town that are not on an MLS and don’t have a seller’s agent, but typically these are not truly listed for sale as there are deed issues or family issues - many houses are passed down through generations and have co-owners. Usually if houses are on the MLS and have a seller’s agent, they’ve gone through some vetting to be ready to sell. Houses like ours now I think you can get still in the mid to low 100s USD, but you have to keep an eye out for them. Best area to look is in the 5 de Diciembre area, although you may find a place in our area of El Cerro. Be sure keep an eye on the MLS. The big win is the very cost effective construction costs. Cheers www.mlsvallarta.com/search/
@ptk51
@ptk51 5 жыл бұрын
How much is a house like that? and what you spent on renovations? Can you please tell?
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
We were in the right place at the right time. As mentioned in some other comments... in late 2017 the house cost as much as a Tesla and renovations were about the same as a Prius (I know, very Californian of us). The takeaway is to use the right contractor (we've provided a link to ours) and buy something that is not move in ready to keep the costs down. Contractors in Mexico can do a lot of things with a minimum budget if you find the right people.
@chrismaxfield5484
@chrismaxfield5484 5 жыл бұрын
Can you add a video about renting an apartment in PV?
@adannegrete6055
@adannegrete6055 3 жыл бұрын
How much did you pay?
@fireball1566
@fireball1566 5 жыл бұрын
Good job
@christinedailey9254
@christinedailey9254 5 жыл бұрын
Love your home! We are looking to do the same and are meeting with a realtor in May. I have a few questions if you don't mind me asking. Were your remodel costs in addition to what you call "Tesla" money or were they included in that amount? Was anything complete in the home or did you do a 100% remodel? Last question, are you still happy with your choice of neighborhood? (BTW - We live in Alameda! Maybe our paths will cross in PV or Alameda.) TIA!
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Christine Dailey Hey Christine, we live on Bay Farm. We are happy to get together at La Penca or somewhere if of interest. Too funny you live in Alameda!
@michaelfruchter732
@michaelfruchter732 5 жыл бұрын
Hi Guys, I just subscribed.. Great and informative videos Can you give me some idea what the places like yours cost please You said there was a whole list from the cheapest to the most expensive ones.. I’m trying to figure out if I can afford something like what you guys have or am I better off in Zapopan , Guadalajara or Ajijic... Where did you guys stay until you closed on your place and lastly please, did it take long to close on your place Thank You Very Very Much , Michael
@jbrinkley9-t1r
@jbrinkley9-t1r 5 жыл бұрын
Great vid! Thank you.
@dwightbrown6365
@dwightbrown6365 5 жыл бұрын
We have a house south of San Felipe, little town with a bay, my grandfather bought it about 50 years ago with a 99 year lease for 1500 dollars.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Dwight Brown I (Stefan) have been to San Filipe when I was a kid. Great memories of the place!
@cgvmdnurses1
@cgvmdnurses1 5 жыл бұрын
Do you have fast reliable uninterrupted internet there to be able to work?
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
When we first arrived we just used our North America AT&T unlimited data plan that could handle video conferences on our computer surprisingly well. We now have very solid internet for about $30US a month. It is not high bandwidth (fiber) as we are too far up on the hill, but actually it’s pretty good still for video conferencing and anything we’d use it for. We have not used it during summer thunderstorms yet, so we’ll see how that goes!
@munozconnie
@munozconnie 5 жыл бұрын
15 peso a kg, its just my husband and i and we spend 1000 pesos a month, think it would be cheaper to have a washing machine, you are up a hill also:( so what was cost and how much money did you have to put into it for upgrades?
@bewellstaywellnetwork
@bewellstaywellnetwork 5 жыл бұрын
connie munoz maybe a washer later but honestly, it’s so easy to take my laundry down to the bottom of the hill. I get it back, all folded. No need for me to have to do laundry. I would rather spend 10 minutes carrying a bag of clothes up a hill than folding it. LOL #whoneedsagym
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
House is about the cost of Tesla and renovations the cost of a Prius. Hope that helps!
@BillGreenAZ
@BillGreenAZ 5 жыл бұрын
@@LivingSimplyinMexico That helps a lot. I'm looking to move to Mexico too. Your story is the first I've heard of loving PV as a place to live. I had always wanted to visit. Now I will thanks to your story! Thanks!
@BarkHowl
@BarkHowl 5 жыл бұрын
The bus is like 8 pesos. Why would you use an uber when the bus goes where you are going and back for cheap?
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
BarkHowl Agreed! We actually use all forms of transit. The bus is 10 pesos now, still super convenient and inexpensive to your point. Uber is best for us when we are hauling around bigger items such as loading up on groceries, going to more out of the way places, or where time is important. In PV there are lot of passionate opinions between Uber and taxis. For big items we know a guy with a truck (check out our bed related video - a fun experience). Of course, our main form of transit is by foot. Thanks for highlighting the bus!
@lindasilva4256
@lindasilva4256 5 жыл бұрын
@@LivingSimplyinMexico y
@nancyreyesreyes334
@nancyreyesreyes334 5 жыл бұрын
I love Puerto Vallarta, I want to sell my house in California and move.
@bertlouis6082
@bertlouis6082 5 жыл бұрын
I will be retiring very soon and want to purchase in PV using a very similar approach to yours. If alright with you, is it ok if I contact you (or vice versa) to get more details? Thanks, Bert
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Hey Bert, you can reach out at LivingSimplyinMex@gmail.com. Cheers
@gloriadelgadillo9524
@gloriadelgadillo9524 5 жыл бұрын
Do you mind sharring the price range of your place?
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Hey Gloria, in some other comments we discuss this, but in short the cost was the price of a Tesla and the construction was the price of a Prius (very California speak I know). To give you some of the info on the condition, when we got it, there was a sewer smell because there were no sewer gas traps, a gas tank in the kitchen for cooking, no sink in the upstairs bathroom (just a shower), the upstairs inside ceiling was foam, no water pressure, and the second story shower had an outlet in the shower (not grounded or gfci) with a generally rough condition. However the bones were good and all this was easily fixed. Hope this helps!
@gloriadelgadillo9524
@gloriadelgadillo9524 5 жыл бұрын
@@LivingSimplyinMexico I appreciate you getting back to. me I just now have to research what a Telsa cost😀
@elcaudillojauregui481
@elcaudillojauregui481 5 жыл бұрын
The wiring has to be clean but if you go to Santa Barbara Ca is the same old way
@VictorLopez-nn8nx
@VictorLopez-nn8nx 2 жыл бұрын
do you rent your place when you are not there?
@LivingSimplyinMexico
@LivingSimplyinMexico 2 жыл бұрын
Thanks Victor! Not yet, but a consideration for the future. We are currently using the home for a few retreats & friends and family gatherings.
@elgringoec
@elgringoec 5 жыл бұрын
Nice place! At the beginning I believe I heard you say you can't own the house there due to your immigration status, so I'm confused that you'd invest so heavily in upgrading the property. Will you be reimbursed for the improvements? 🤔
@antoniobaez6282
@antoniobaez6282 5 жыл бұрын
I think the bank or a agency holds the property in a trust, in your name for you. You basically don't hold or own the title because of the proximity of the ocean. I think 100km of the coast is the law. If and when they sell it, the proceeds of the sale will go back to the owner/them.
@elgringoec
@elgringoec 5 жыл бұрын
@@antoniobaez6282 100km = 62 miles 🤔 🤯
@Andrew-cj1bo
@Andrew-cj1bo 5 жыл бұрын
How much you buy your place for? What is the name of your agent? Thanks.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Hey Andrew, roughly the house cost the price of a Tesla and construction the price of a Prius. Hopefully that will guide you. Agent was David Hoffman at Tropicasa Realty. Cheers.
@stevenduvall2549
@stevenduvall2549 5 жыл бұрын
Two terraces???? SOLD!
@keithesaf08
@keithesaf08 5 жыл бұрын
Why make a 15 minute video and skip out what everybody wants to know; How much? No Tesla references.
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
Hey Keith, Outside of the slight bit of privacy we like to keep, the reason we don’t give an exact number is that living in Mexico you have to go with the flow a bit more (a tough skill for us Northerners!). Whether we gave you an estimate within one dollar or 30 thousand dollars it doesn’t matter much as there are many other variables in play - our comments are just to get folks in the ballpark. Variables include: how long you look (or how lucky you get) in finding a place at the right price, current market conditions, having a good contractor, your negotiation skills, and other factors. The first lesson I learned in Mexico (being an engineer and business guy by schooling) was not to attempt to create a detailed cost model for negotiation and subsequent renovation (Ha! Was I wrong to bring a US mindset to Mexico). What I’d suggest is set a budget and test it out... is it 200k, 150k, or 100k USD? (All doable, but not for gringo expectations for a turn key / no renovation purchase) We were on the lower end and just assessed what we could get and renovate for the price. I do suspect prices are going up since we made an offer / closed in 2017/2018. Not a fulfilling answer for you I suspect, but hope you understand. With our approach, there were no hidden costs in our closing (our realtor David Hoffman at Tropicasa was very circumspect here) and after making a loose contract with our contractor (that was referred to us by our neighbor), they came in on budget even with some redos - this was done by building trust not holding them to a tight contract. My gut says negotiate down 10 to 30% on the asking price, estimate 0 to 50k USD for renovations (50k could buy you an entirely new house construction) and go from there. That is just my gut. Hope this helps! Viva Mexico!
@DaveWoodland
@DaveWoodland 5 жыл бұрын
Keith - Here is what they said and yes, it is in Tesla Reference (Ha): Posted by Living Simply in Mexico 4 days ago Hey Andrew, roughly the house cost the price of a Tesla and construction the price of a Prius. Hopefully that will guide you. Agent was David Hoffman at Tropicasa Realty. Cheers.
@StreetTruckinTitan
@StreetTruckinTitan 5 жыл бұрын
If you want to know the ball park price of their house google the price of a tesla and then the renov price a prius. Done! I think you can figure that out?
@jborrego2406
@jborrego2406 5 жыл бұрын
They had to go into it blind so do u lol there good ppl on KZbin that tell u what they pay or look at house with price tag :)
@deanguy66
@deanguy66 5 жыл бұрын
Wow, we own a Prius so I guess we could afford a house in PV. Ha! Actually, we've been to PV about 15 times since 1997 and we totally love it. But because I'm a collector of antiques with a Huge collection, I don't think I could ever move there. ;^)
@molomix
@molomix 4 жыл бұрын
just got a parcel of land in Buscerias, Bahía de Banderas. :D
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
Congrats! Bucerias is a great place. If you need any developer recommendations, let us know!
@andrewthacker114
@andrewthacker114 5 жыл бұрын
Nice
@Radio280
@Radio280 3 жыл бұрын
How much did u pay for the house guys? And what is the construction in m2 of the house? Is that a hotel next to u? U will need some privacy with that hot tub 😏. The view is awesome. I hope they did not build anything in front of u
@pbjsilverstudio4882
@pbjsilverstudio4882 5 жыл бұрын
Fabulous!!!
@romanvansanchez1
@romanvansanchez1 5 жыл бұрын
thank you
@vickyf1051
@vickyf1051 5 жыл бұрын
so what did you pay for your house
@LivingSimplyinMexico
@LivingSimplyinMexico 5 жыл бұрын
VICTORIA Fisher, Our place was similar to this, but a fixer upper and two years ago so the cost was less. www.mlsvallarta.com/property/mlv/44407/casa-ambos-mundos-/
@luisvilla799
@luisvilla799 4 жыл бұрын
@@LivingSimplyinMexico omg white people have really ruined Mexico price wise lol thanks for the gentrification lol
@towaritch
@towaritch 5 жыл бұрын
the only resort in Mexico more expensive than PV is El Cabo
@braincreativesit2884
@braincreativesit2884 4 жыл бұрын
i also did
@alexmang9155
@alexmang9155 5 жыл бұрын
I Just want to know one thing. Are Coronas cheaper down there? Lol
@bettyli6635
@bettyli6635 5 жыл бұрын
Where I live in Mexico, locals don't drink Coronas.
@alexmang9155
@alexmang9155 5 жыл бұрын
Ok, Modelos then?
@bettyli6635
@bettyli6635 5 жыл бұрын
@@alexmang9155 Most drink Dos Equis, Tecate or Sol.
@jpmgalvan
@jpmgalvan 5 жыл бұрын
Alex Mang where I live in GTO it’s all Coronas and they are way less expensive. A caguama which is a 40oz is 40 pesos- that’s about 2dls.
@gvbalajee
@gvbalajee 5 жыл бұрын
I want to settle please help
@juantejeda4271
@juantejeda4271 4 жыл бұрын
Nice place
@LivingSimplyinMexico
@LivingSimplyinMexico 4 жыл бұрын
Thanks Juan!
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