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Cozumel Time Change

April 2014 NEWSLETTER

 


 

CANTAMAR 102

PUNTA HERRERA

2 Bedrooms 2 Baths
Oceanfront view from Living room & Master
Private patio looking at the pool and ocean
Fully Furnished ready to move in!
Walking distance to town

One of the most beauitful views on the island

Lot size: 131.50 m2 or approx 1,450 sq. feet

more photos>>>

LAST MONTH NEW LISTING

Beautiful white sandy oceanfront lot
Road running through the lot
You can build of natural materials on the lot
Empty lot with Well
Watch the parrots and the Tucans flying over
Fly fishing is offered in the lagoons

Lot is on the Mainland

Lot size: 91.325 m x 103.27 m = 8538.23 m2

more photos>>>

$398,000 USD
CONTACT US FOR DETAILS

 

 

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CASA MAMAYA CASA CARIBBEAN

LAS VENTANAS A401

CASA POLO

Downtown

4 Bedrooms 3 1/2 Baths
2 Story Cupola built of curved bricks
Arched balconies and terraces
Gardens and pool
Fully Furnished
Bonus room upstairs

Lots totaling: 14,467 sq. ft.

more photos>>>

Corpus Christi

5 Bedrooms 5 1/2 Baths
2 levels
Outdoor kitchen with dining/sink/bar/bbq area
Tiled pool
Double car covered parking space
Completely walled and gated w/ Security system

Lot Size: 5,148 sq ft

more photos>>>


Downtown

3 Bedrooms
2 Bathrooms
Beautiful tile throughout
Modern style wood cabinets
Terrace
Unfurnished

One block from the ocean!

Lot size: 1,665 square feet

more photos>>>

Adolfo Rosado Salas

3 bedroom
2 Bathrooms
Kitchen, Dining, and living room
Beautiful tiled roof - great curb appeal
Large patio with room to add a pool
Inside Atrium

Lot size:12m x30 m = 4000 square ft

more photos>>>


NEW REDUCED FROM $435,000.00 USD TO $375,000.00 USD

NEW REDUCED FROM $385,000.00 USD TO$365,000.00 USD

NEW REDUCED FROM $195,000.00 USD TO $189,999.00 USD

NEW REDUCED FROM $184,000.00 USD TO $175,000.00 USD

CASA NORMA
CASA MYRIAM
LOT PALANCAR CASA TURQUESA

Corpus Christi

2 Story- 3 Bedroom
2 Bathrooms
Beautiful tiled upstairs terrace
Independent 1 Bedroom Apartment
The garage entrance is in the back
Maid quarters with bath

Lot size: 240m2 = 2583.33 Sq. Ft.

more photos>>>

 

Corpus Christi

4 Bedrooms
3 Baths
Private terrace
Fully equipped kitchen

Community area shares a large pool and garden area

more photos>>>

Sandy Beachfront

South end of the Island
Electrical poles available
Secluded location
Perfect for eco-friendly cottage

Lot Size: 1,250m2 / 13,454.88 sq. ft.
Lot Dimension: 25m ocean front
x 50 meters deep (inland)

 

more photos>>>


San Miguel II

3 Bedrooms
2 Baths
Balcony/Terrace
Enclosed Garden
Garage parking

OWNER FINANCING AVAILABLE

HIGHLY NEGOTIABLE

more photos>>>

NEW REDUCED FROM $230,000.00 USD TO $175,000.00 USD

NEW REDUCED FROM $140,000.00 USD TO $125,000.00 USD

NEW REDUCED FROM $250,000.00 USD TO $125,000.00 USD

NEW REDUCED FROM $140,000 USD TO $99,000.00 USD

 

PALMAS REALES PB-C
CASA RALEIGH
LOT TORRES
-SOLD-
-SOLD-
-SOLD-
CASA HIJOS
RESIDENCIAS REEF #6200
 
-SOLD-
-PENDING SALE-

 

CASA TIO DES CASA CAMACHO

CASA BONITA

$1,000.00 USD per month
more photos>>>
$4,300 Pesos per month
more photos>>>

$900 USD per Month
more photos>>>

EDGAR´S BUILDING VILLA PAPAGAYO LAS TORTUGAS
$8,000 Pesos per month
more photos>>>

$900 USD Per month
more photos>>>

$ 5,500 Pesos Month + electricity & gas more photos>>>

DEPARTAMENTO NARANJA
CASA FIESTA LA HACIENDA
$6,000 Pesos Per Month
more photos>>
$1,800 USD-MONTH
more photos>>
From $9,000 Pesos Per Month
more photos>>


Palmas Reales 9C

NORTH OCEAN FRONT
3 Bedrooms & 3.5 bathrooms
1 king/1 full/ 2 Singles
Central A/C
Kitchen
Living-dinig Room
Terrace

$1,800.00 USD PER MONTH

 

 

As advertised in the ARQROO local architectural magazine, here are two nice homes that you can find on our web page:

Casa Sunset is now reduced to $249,000.00 USD

Check out our New Listing Brochure! Pick up a copy at our office or any of the following places!

-Jeannie's Waffle house -Studio Blue -Coffee Bean
-Budget Car Rental - Zermat Bakery - Starbucks -Panchos Backyard -Kinta -Rock and Java -Coffee Caribe -Ivan Vet -Bahia Hotel -Miramar #204


 

EL CEDRAL FESTIVAL

(April 26 to May 5, 2013)

If you are looking to experience real Mexican culture while in paradise, travel to Cozumel during April 26th - May 5th. Each day during the festival there will be a horse race, festive dances performed and local muscians. So many activities will be offered at no cost through out these days so make sure to check a calender so you do not miss out!

 

 

Cross Border Investment takes pride in maintaining our clients informed about the details to acquire a property via a mortgage. We are very sincere and try to create realistic expectations for our clients. The processes do not vary much from one Mexican state to another – the most significant variation is whether clients document their income and credit history within Mexico or from a foreign country.

The majority of our Mexican clients usually have significant knowledge of the process to acquire a property via a mortgage. What usually surprises our clients is the difference that Cross Border Investment offers – in reference to the options we manage, the services we provide to stream-line the process and the contacts we have with the banks, Notarios and developers, etc. Please review the chart that we have provided in the following link http://crossborderinvestment.com/the-mortgage-process-in-mexico.html which explains the complete process of purchasing a property via a mortgage as it corresponds to nationals (or foreigners who already have their migratory status).

One of the vital qualification requirements which is very important to reiterate is that it is necessary that foreign (non-Mexican) applicants have their Mexican migratory status (temporary or permanent) in order to submit a loan application. The first step to obtaining migratory status is the application at the Mexican consulate located in the city where the foreigner lives (outside of Mexico). The second step must take place in MEXICO – so it is very important that our foreign clients take advantage of their trips to Mexico to advance their migratory status application. There are many benefits when one has their migratory status – for example, it is a requirement to be exempt from capital gains when selling a property, it is needed for various simple transactions (such as opening a bank account), and it allows a foreigner to remain in Mexico for more than 180 consecutive days. Please review the chart that we have provided in the following link http://crossborderinvestment.com/the-mortgage-process-in-mexico.html where we explain the complete process of purchasing a property via a mortgage as it corresponds to foreigners and how to incorporate the process of obtaining migratory status with the mortgage application.

It remains to be mentioned that as the leader in Mexico for mortgages for foreigners, we are working with various lenders to introduce more options and loosen the current qualification policies. We have already had various meetings with the directors of different banks whom combined are responsible for approximately 75% of all mortgages granted in Mexico, and we hope to have exciting news soon! Launching a new mortgage is a tardy and laborious process, but our goal is to have more attractive mortgages offered by stable institutions. Once we have these new mortgages, we will send the corresponding information.

As always, we appreciated your preference. We are available for any questions or comments you might have.

Kind Regards,
Cross Border Investment

josh@crossborderinvestment.com
Niza Business Center | Río Amarillo 216 | Fluvial Vallarta | Puerto Vallarta, Jalisco | 48312
MEX: (322) 222-1113 | MEX toll-free: 01-800-841-5363 | US/ CND toll-free: 1-888-201-1095
www.crossborderinvestment.com
www.hipotecariacbi.com


Cozumel does observe Daylight Savings Time

Sunday, April 6th
For any travels on this day Cozumel will turn their clocks forward a hour!

Apr 6, 2014 - Daylight Saving Time Starts at 2:00am!

Sunrise and sunset will be about 1 hour later on Apr 6, 2014 than the day before. There will be more light in the evening.

 

Underwater Digital Fiesta

April 19-26, 2014

The Underwater Digital Fiesta is designed for the novice and the advanced photographers that want to learn how to improve their underwater photography skills. This event also provides an opportunity to test new equipment and helps you to decide whether to choose new or to upgrade your underwater camera and housing. It is an opportunity to meet old friends, make new friends, and to have photos critiqued by a professional underwater photographer.

NO UNDERWATER CAMERA? NO PROBLEMA!
You will be able to try demo equipment during our event. Just remember, the equipment is for all participants to share.

For more information contact: info@mexicandiver.com

http://www.underwaterdigitalfiesta.com

 

March 15th marked the day for the March Trashy Event. We are happy to report 51 bags into the counter from our event, plus a whopping 35 more bags from great individual efforts throughout the month of March. Special kudos go out to Tom and Peggy Quinn who cleaned out an eyesore of an empty in their area and reported their 16 bags into the counter. Its efforts like this that enhance and strengthen our community.

As always, we thank PASA and our sponsors for providing generous gift prizes for our volunteers to find at the event:
Sponsors of the Trashy Group:

Buccanos
Cariloha and Del Sol Shops
Cha Cha's Kitchen
Cozumel Bar Hop
Guidos Restaurant
La Choza
La Hach
Mayan Fiesta Rumcakes
No Name Bar
Papa Hogs
Prima
Señor Frogs

As of this writing we've collected 293 bags in 2014 - only 707 more to meet our goal!

The next Trashy Event is coming up quickly - SUNDAY APRIL 6TH! For location and time please find us on facebook. We are the Trashy Little Group - please join us!

For more info find them on facebook: https://www.facebook.com/events/423086641155743/

 

 


Peso loans at all time low!

Either the Mexican government’s new policies on boosting the economy are at work OR it’s a coincidence that Peso loan rates have fallen to an all time low. It is now possible for Local residents and in some cases foreign residents to obtain a peso based mortgage at rates starting at 8.49%. This may seem high in comparison to the US & Canada, but to put things in perspective, many individuals who have peso loans currently are at rates ranging from 11% - 13%. Typically the longest term allowed here in Mexico is 20yrs and interestingly, if the borrower is over the age of 55, they will only qualify for a 15yr loan as Mexican banks do not like the age of the borrower plus the life of the loan to exceed 75yrs. For those in the know, this is similar to Scotiabank's policies back in the day when they offered USD loans which ended last year May. If you or anyone you know has a peso mortgage, the time to refinance is now.

**Dollar mortgages collateralizing US & Canadian Real Estate**

Clients looking to cash out of their properties up north in order to fund their Mexico purchases can still do so at historically low rates. For cash out transactions, interest rates in the USA remain in the mid 3%’s to the mid 4%’s and the Canadian market is much the same, if not a little lower. At this point in time, this is the best option for clients looking to finance their Mexico purchases. Loans fund quickly, closing costs are low and it puts them in a cash position for their new purchase adding leverage to their negotiating power.

http://us3.campaign-archive2.com/?u=e507b04d8e29cd4c8f5e3bec0&id=37b5c5b720&e=e2517f23dc

 

PROPERTIES IN OTHER LOCATIONS FOR SALE OR TRADE FOR COZUMEL PROPERTY

WASHINGTON HOUSE AND RANCH
GRAND LAKE, GROVE OKLAHOMA
DRAGON FLY RANCH FOR TRADE
$299,800 OR WILL CONSIDER PARTIAL TRADE
This is a twenty acre ranch in Riverside, Washington USA with a 900 square foot house that is four years old. It is completely solar powered. The home is 18 miles east of the town of Riverside and is in the hills at 3300 foot elevation . The owners are looking for anyone owning a property in Cozumel that would be interested in trading? The house they were looking to trade was only a $100,000 home, but it is owned by Mexicans who would not be interested in moving to the USA but maybe YOU or someone you know would be interested. Let us know.

 

 

 


Meet Our Team!

Nancy Edwards

Broker

Cristina Romero

Agent

Doug Pickett

Agent

Susana Portocarrero

Rental Manager

Martha Minet

Office assistant

Heather Sherman

Web Administrator

For more information About Us... click the link http://cozumelliving.com/contactUs.htm


COZUMEL LIVING RENTAL AND MANAGEMENT


Find out more, contact me today! nancy@cozumelliving.com
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