Anyone purchased property internationally?

Fenixgoon

Lifer
Jun 30, 2003
33,293
12,856
136
Like if you wanted some tiny little villa in spain or italy or something as a vacation home. Asking for me and a friend.
 

KMFJD

Lifer
Aug 11, 2005
32,681
52,124
136
Make sure you have a reputable lawyer go over the documents with a fine tooth comb
 

mxnerd

Diamond Member
Jul 6, 2007
6,799
1,103
126
How do you split the profit if there is any? With a knife if there is argument? 😂
 

skyking

Lifer
Nov 21, 2001
22,775
5,937
146
I kicked around the idea of a villa in Puerto Vallarta or similar, in Mexico.
It is in the restricted zone within 50 kilometers of the coast, so you purchase it as a trust.
This site has a good explanation.
https://www.liveandinvestoverseas.com/countries/mexico-countries/buying-property-mexico-step-by-step-guide-expats/#:~:text=No%20Restrictions%20On%20Foreign%20Ownership%E2%80%A6&text=Generally%20speaking%2C%20there%20are%20no,purposes%E2%80%94but%20it's%20not%20required.

There is a link to a newsletter, @Fenixgoon
Might be worth the spam factor to check it out. They cover all sorts of foreign real estate.

at the end of the day we have decided to keep the flexibility of renting where we choose.
It would be different if we could drive there, but we are flying wherever we are going from the PNW.
If i were based in San Diego, we would have had something a long time ago, down Baja.
 

nakedfrog

No Lifer
Apr 3, 2001
62,799
18,995
136
They send the coffee bags by Gulfstream V and I just get a sack of cash.

As a personal favour they sprinkle sharps all over Timmins from the air as they pass by.
giphy.gif
 
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K1052

Elite Member
Aug 21, 2003
52,693
46,425
136
I kicked around the idea of a villa in Puerto Vallarta or similar, in Mexico.
It is in the restricted zone within 50 kilometers of the coast, so you purchase it as a trust.
This site has a good explanation.
https://www.liveandinvestoverseas.com/countries/mexico-countries/buying-property-mexico-step-by-step-guide-expats/#:~:text=No%20Restrictions%20On%20Foreign%20Ownership%E2%80%A6&text=Generally%20speaking%2C%20there%20are%20no,purposes%E2%80%94but%20it's%20not%20required.

There is a link to a newsletter, @Fenixgoon
Might be worth the spam factor to check it out. They cover all sorts of foreign real estate.

at the end of the day we have decided to keep the flexibility of renting where we choose.
It would be different if we could drive there, but we are flying wherever we are going from the PNW.
If i were based in San Diego, we would have had something a long time ago, down Baja.

We've toyed with the idea of getting a place in PV but similarly just decided to keep renting instead. Neither one of us really wants to deal with another property and 7-10 days is really all we want to do at a stretch.
 
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skyking

Lifer
Nov 21, 2001
22,775
5,937
146
We've toyed with the idea of getting a place in PV but similarly just decided to keep renting instead. Neither one of us really wants to deal with another property and 7-10 days is really all we want to do at a stretch.
want to rent a big villa in PV in 2024?
 

Charmonium

Lifer
May 15, 2015
10,550
3,544
136
One reason that I went to law school was because the idea of always making decisions with a solid base, in what I will label - "ignorance and fear" - was distasteful to me in an extremely visceral way.

Now you want me to go back to dealing with those emotions again - since I wouldn't even think about being "reeducated."

You know, I'm not sure I like you guys any more. [shaking my head with great piety]
 
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MrSquished

Lifer
Jan 14, 2013
26,067
24,396
136
Have a place in the Mediterranean I want to sell, but it's half my sister's so working on her. Getting a price estimate from a realtor over there any day now
 
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skyking

Lifer
Nov 21, 2001
22,775
5,937
146
I think we may do a home exchange program when we get the new place built. The city does not allow short term rentals like VRBO, but they can just suck it on exchanges. We can also host some folks to get started.
 

Exterous

Super Moderator
Jun 20, 2006
20,569
3,762
126
at the end of the day we have decided to keep the flexibility of renting where we choose.

We've toyed with the idea of getting a place in PV but similarly just decided to keep renting instead. Neither one of us really wants to deal with another property and 7-10 days is really all we want to do at a stretch.
We reached a similar conclusion for us - we'd rather have the flexibility to rent where we want to rent and no have to deal with a property
 

lxskllr

No Lifer
Nov 30, 2004
60,056
10,544
126
I have 1²' of Islay. I got it by buying a bottle of scotch. Haven't visited yet, but as rent, I'm owed a dram of Laphroaig on demand if I get there. I'm also not allowed to build on it, but I'm cool with the glass of scotch. No point in blighting the landscape with development.
 
Dec 10, 2005
28,748
13,916
136
I think we may do a home exchange program when we get the new place built. The city does not allow short term rentals like VRBO, but they can just suck it on exchanges. We can also host some folks to get started.
There is a program called Trusted House Sitters. People use it to have cheaper pet sitting or house watching for their vacations and whatnot, and the sitter gets a place to stay.
 
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skyking

Lifer
Nov 21, 2001
22,775
5,937
146
yes that is one program. There are a few.
The new house is designed for guests from the start. We could host some folks upstairs and never really mingle with them, unless they wanted to use the big kitchen facilities.