Empty Lots to Build Your Own or One of Our Models Available:
Promotion: Complete Custom Design For The House Of Your Dreams Included With The Purchase Of Your Lot.
1. Empty lot payments: 10% initial payment & signing of a purchase contract for empty lots available at Ambar office. 90% balance shall be completed within 30 days at closing.
2. Construction: On closing on empty lot, or 30 days after lot is closed, a separate building contract between Buyer & Ambar Distinción Inmobiliaria will be signed.
At this time, 20% initial payment for the construction cost will be paid by BUYER. Balance will be stipulated in the building contract with ten equal monthly payments until house is completely finished and possession is delivered to BUYER. Construction registration (approx. $6,000-$8,000 pesos) will be done at the end of process at Buyers expense.
Construction guarantee policy included for all homes.
BUYING PROPERTY IN MEXICO
"The lower cost of living in Lake Chapala and the Ajijic area of Mexico is one of the Major Attractions."
Non-Mexican citizens can purchase property in Mexico. Even as a tourist, you may buy real estate in Mexico. With proper advice, it is safe and easy. Foreigners, who buy real estate in Mexico, have the full protection of the Mexican law.
DIRECT DEED
The deed is the history of the property and will indicate who is the legal owner. The Direct Property Deed (Escritura Publica en Dominio Directo) is outright ownership of the property. The buyer is listed on the deed as the direct owner, and there is no yearly fee to maintain the deed as there is with a bank trust.
In the interior of Mexico, where Lake Chapala is, foreigners can obtain direct outright ownership of property by deed (escritura) and have their own name on the title, and effective September 1995, can even name beneficiaries (spouse, parent, or offspring).