Are you Ready to Sell?
Selling your home in Puerto Vallarta is a significant decision—both emotionally and financially.
The Market
Puerto Vallarta’s real estaxte market changes often with demand, exchange rates, and global trends.
Start by asking: Is the market favorable? Are similar homes selling fast? Are prices steady, rising, or falling? Is it a buyer’s or seller’s market?
To sell or to rent?
Based on the market, consider whether selling or renting would be a better short/long term plan. Renting can provide steady income, but comes with responsibilities like maintenance, property management, and ongoing costs.
What comes Next?
Selling is just one step in the process, and you should consider your next move. Will you buy another home in PV, elsewhere in Mexico, or internationally? Are you relocating? Do you need the funds from the sale to make that transition?
What do you need to sell?
Before listing your property, gather all the necessary documentation to ensure a smooth sale and avoid delays during closing. This includes both general paperwork and legal documents related to ownership.
Basic Paperwork
To get started, you’ll need to gather some basic documents. These include a copy of your passport for identity verification, a recent property tax bill (Predial), and a utility bill—such as CFE or Telmex—that matches the name and address on your deed. You’ll also need a property disclosure statement outlining any known issues with the home, an inventory list detailing what is included or excluded in the sale, relevant condo documents (including HOA rules, fees, recent meeting minutes, and budgets from the past 1–2 years), and finally, quality photos and a floor plan to support marketing and MLS listing efforts.
Legal Paperwork
You must also confirm you have the current legal documents proving your right to sell the property.
Property Title or Deed (Escritura or Fideicomiso): Foreigners buying in Puerto Vallarta’s restricted zone (within 50 km of the coast) must hold property through a fideicomiso a bank trust authorized by the Mexican government. Ensure your deed is properly registered, includes the notary´s seal and signatures, and is finalized and recorded if recently purchased. The name and address must match your utility bill exactly to avoid issues at closing.
Clear Title (No Liens or Encumbrances): Make sure there are no outstanding debts, mortgages, or legal disputes on the property. A notary or lawyer will verify this during the sale, but it’s best to resolve any issues beforehand.
Capital Gains Tax: Check with a notary or accountant to see if you qualify for exemptions based on residency, ownership length, and primary residence status.
HOA Dues: Provide proof that all homeowners’association fees are fully paid.
Permit Verification (for remodels): If you’ve added square footage or made structural changes, make sure you have the proper permits and updated construction plans.
Want to sell your property?
The information you need to prepare, market, and close your sale successfully.
Have questions? Our experienced advisors are ready to discuss your goals.