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News/Renting-Real Estate

Radisson Blu Hotel Breaks Ground on Libramiento

Mexican real estate and investment firm Sun-Star Group, led by real estate developer Omar O’Rourke Martinez and his partner Thomas Wahl, celebrated the groundbreaking of the Radisson Blu Resort & Spa Ajijic, a luxury hotel and condo, on the Libramiento in the El Dorado complex. Several officials attended the ceremony from the Municipality of Chapala,… Keep Reading

Renting-Real Estate/Safety-Crime

How to Prevent Real Estate Fraud

Every year, the tourist season brings new foreigners beguiled by the comparatively low prices and tax rates of Mexican real estate. That will most likely increase in the Lake Chapala area as it positions itself as Jalisco’s tourism and expat hub for retiring baby boomers. The Lake Chapala area has not cornered the market on… Keep Reading

Renting-Real Estate

Las Minas: A Shame

Despite a welcoming sign at the bottom of the Las Minas development site on the Libramiento across from the El Dorado condo and villa community, there’s nobody home. After carving out deep gashes into the mountain about five years ago, the developers still have an eye-sore that keeps on being an eye-sore. In an interview… Keep Reading

Renting-Real Estate

The Trend Continues: Another New Hotel

Only a month old, the 4-story SR Hotel & Suites rises above the embankment on the Carretera near Chapala Haciendas 2 and 3. Its location is prime for scooping up tapatios on their way south from Guadalajara on the weekends, and casual visitors from the airport.   In what could well turn out to be… Keep Reading

Renting-Real Estate

Broker Justus Hauser: Update on Real Estate

Lake Chapala Reporter: You were the broker who reported the price fixing scheme among most of the Lake Chapala real estate agencies to the government some years ago. That resulted in the 2015 federal convictions of the agencies and individuals with huge fines. Two years later, has the real estate community changed its ways? Justus… Keep Reading

Renting-Real Estate

Our Changing Skyline

In early 2015, Grupo Naimar, a real estate development company in Guadalajara, proposed an ambitious and complex project in Chapala called LakeCity. The concept was designed to meet the needs of an affluent Guadalajaran and North American retirement population. The complex would include over 2,000 condos in 5 towers, surrounded by a range of services… Keep Reading

Renting-Real Estate

Dear Lisa: Downsides of Renting

Your book, Moving to Mexico’s Lake Chapala, advises people to rent 3 – 6 months before buying a house. But I’ve heard a lot of horror stories about renting here. What are the downsides?                                                                                – Curious Dear Curious, It all depends on who owns and manages the property, of course. But there are some… Keep Reading

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