porto ixtapa
by cladio46, Wednesday, March 06, 2019, 09:35 (2809 days ago)
i am looking to buy a condo there, section C (lo se, voy a necesitar un fideicomiso)
any positive or negative comments? answer me in french, or English or espagnol
porto ixtapa
by Talley Ho
, Playa la Ropa, Wednesday, March 06, 2019, 13:09 (2809 days ago) @ cladio46
Do you want comments on what it's like to live here, or have a trust here, or where you are going to buy? Please be more specific.
porto ixtapa
by Curbarn, summer b.c. winter zihua, Wednesday, March 06, 2019, 16:10 (2809 days ago) @ cladio46
i hold my trust thru Scotia Bank. I guess its a canadian bank, so if anything goes wrong, i feel like i have some options as i bank with the same bank in Canada. Costs 500 US per year, they charge it to my credit card.
porto ixtapa
by mexicoman
, Mazatlán, Sinaloa, Wednesday, March 06, 2019, 17:24 (2809 days ago) @ Curbarn
We set up a "new" trust in Jan. There is a charge for setting it up not just the annual fee. The total was 44,000 Pesos for set up and two years of trust. After that it's equivalent of $500 US in Pesos. It's the third trust that we have had in Mexico.
It's a simple agreement that allows people who are not Mexican Nationals to own property in Mexico. The trust is also transferable if you sell the property. That avoids the set up fee for the next buyer.
porto ixtapa
by rdcosta
, Friday, March 08, 2019, 10:25 (2807 days ago) @ Curbarn
Good luck with that, I contacted Scotia Bank In Canada and was told they aren't affiliated, only the same name
porto ixtapa
by kjgco
, Colorado, Friday, March 08, 2019, 10:58 (2807 days ago) @ rdcosta
Their web site says otherwise:
Scotiabank Mexico
porto ixtapa
by Curbarn, summer b.c. winter zihua, Wednesday, March 13, 2019, 10:21 (2802 days ago) @ rdcosta
edited by Curbarn, Wednesday, March 13, 2019, 10:33
Well as a Scotia bank stockholder, when i look at the financial reports i can see the earnings from latin America are consolidated, so it is clear they own a controlling interest, at least. As for the annual fee, you might want to check with your bank. "There is an initial fee to set up the trust. It will be included in your estimate of closing costs. There is an annual fee for maintaining the trust, which is typically only a few hundred dollars a year. Under the trust agreement, you maintain and enjoy the right to occupy, rent, repair, expand (within property building codes) and sell the condo or house at your will." From http://mexlend.com/trust/
porto ixtapa
by cladio46, Saturday, March 09, 2019, 05:13 (2806 days ago) @ cladio46
i am sorry that I have mentionned, in spanish that i knew that i would need a Trust deed through a Bank. I have one with mi condo in Monarca at Scotia Bank. My question is more aimed at the way of living there: quality of life, noises, By-laws ,Quality of services and the restaurant, spécial appeal for more money ,access to Ixtapa , security Etc. I am now also looking in section A. Thanks in advance for your answers in English , French or Spanish. I am from Québec, retired and lived alone 24 weeks a year en Ixtapa for the last ten years.
porto ixtapa
by ZihuaRob
, Zihuatanejo, México, Saturday, March 09, 2019, 08:39 (2806 days ago) @ cladio46
i am sorry that I have mentionned, in spanish that i knew that i would need a Trust deed through a Bank. I have one with mi condo in Monarca at Scotia Bank. My question is more aimed at the way of living there: quality of life, noises, By-laws ,Quality of services and the restaurant, spécial appeal for more money ,access to Ixtapa , security Etc. I am now also looking in section A. Thanks in advance for your answers in English , French or Spanish. I am from Québec, retired and lived alone 24 weeks a year en Ixtapa for the last ten years.
I've only visited Porto Ixtapa various times over the years since it was built. It is one of our area's most exclusive developments with gated security who also patrol the grounds. My friends who own property there seem quite content with their investment. They say the food is good at the clubhouse. The only times I've eaten there were special events where food was brought in by family and friends. There are some vacation rental properties there, but there is no noise there from the discos in Ixtapa, and the clubhouse seems quite low key except for the occasional special event. The streets are cobblestone, which keeps speeds down, and they will rattle cars apart if you drive them a lot.
You'll need to speak with either a realtor or a resident for the other info you requested.
porto ixtapa
by mexicoman
, Mazatlán, Sinaloa, Saturday, March 09, 2019, 09:18 (2806 days ago) @ ZihuaRob
Ditto on the cobblestones! We passed on a great deal there because of the streets. They will kill a car. And driving to Zihua for most everything until your car falls apart.
porto ixtapa
by cladio46, Saturday, March 09, 2019, 13:38 (2806 days ago) @ ZihuaRob
Gracias Sr Rob. I have an agent that i trust but still would like an answer from someone who lived there more than a month . The food appears to be good
porto ixtapa
by Karen, Sunday, March 10, 2019, 23:23 (2804 days ago) @ cladio46
I have a friend you lived there for several years. She found it quiet and well maintained. Security was good... The pool with the littlemrestaurant was lovely. The marina taxi was nice and convenient. I think you’d need a car if you live there as it’s not a simple walk to town. And although it was a lovely complex, I prefer Zihuatanejo.
porto ixtapa
by cladio46, Monday, March 11, 2019, 19:15 (2804 days ago) @ Karen
thank you

