In recent years, dollarized properties in Mexico’s prime tourist destinations, including Puerto Vallarta, have emerged as a robust investment option. These properties have demonstrated their strength as a reliable store of value, particularly when compared to alternatives valued in pesos. However, this trend has also contributed to a rapid increase in rental prices, affecting both local residents and investors.
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‘Gringo Go Home’: Oaxaca is the Latest City in Mexico to Express its Frustration Over Gentrification Oaxaca de Juárez, the capital of the state of Oaxaca, has long been known for its vibrant culture, rich history, and picturesque neighborhoods. Yet, as the city continues to attract more visitors and new residents, the growing tide of gentrification is transforming the urban landscape—and the walls of the city are speaking out. The urban…
Mexican Tourist Destinations Like Puerto Vallarta See Surge in Dollar-Priced Property Investments In recent years, dollarized properties in Mexico’s prime tourist destinations, including Puerto Vallarta, have emerged as a robust investment option. These properties have demonstrated their strength as a reliable store of value, particularly when compared to alternatives valued in pesos. However, this trend has also contributed to a rapid increase in rental prices, affecting both…
Superpeso: The Mexican Peso Falls More Than Any Other Currency in the World on Wednesday The Mexican peso experienced its third consecutive day of losses on Wednesday, trading at 19.19 pesos per dollar, down 1.14% from the previous day’s close, leading global currencies in loses. The currency’s decline comes in the wake of growing concerns over a proposed judicial reform and anticipation of the U.S. Federal Reserve’s July meeting minutes.…
Superpeso: Mexican Peso Gains Ground Against the Dollar as New Week Begins Mexico City — The Mexican peso showed signs of strengthening as it entered the new trading cycle, following a weekend break that allowed the currency to regain some momentum against the US dollar. The peso’s performance over the weekend aligns with the trend observed in the final days of the previous cycle, signaling a favorable…
Superpeso Rollercoaster: Mexican Peso Depreciates Amid Weak Retail Sales Report Puerto Vallarta, Mexico – The Mexican peso is experiencing a depreciation against the U.S. dollar this Tuesday morning, marking the second consecutive day of decline. This downward trend follows the release of a weaker-than-expected report on retail sales in Mexico and growing anticipation of comments from two key members of the U.S. Federal Reserve later…
Two Lives Lost on Puerto Vallarta Beaches During Summer Vacation Period Puerto Vallarta, Jalisco— The summer vacation period, which extended from July 16 to August 25, has tragically seen two lives lost due to drowning incidents on the beaches of Puerto Vallarta as of Thursday, August 22. The first fatal incident occurred on July 23, a few days before the official start of the holiday season,…
Witness Puerto Vallarta’s Crocodiles in Their Natural Habitat on National Crocodile Day Puerto Vallarta, Mexico — Today marks National Crocodile Day, a special occasion dedicated to acknowledging and protecting the vital role crocodiles play in our ecosystems. The Puerto Vallarta City Council has highlighted the importance of this day as an opportunity to learn more about these fascinating creatures, many of which live freely in the coastal…
PGA Tour’s Mexico Open Will Return to Puerto Vallarta in 2025 Puerto Vallarta, Mexico – The Professional Golfers’ Association of America (PGA) has officially unveiled the schedule for the 2025 FedExCup regular season, along with details surrounding the much-anticipated playoffs. This announcement comes as the PGA Tour enters its second year under a new competitive model designed to inject fresh excitement and challenges for both players…
Foreign Man Dies After Falling from Fifth Floor in Puerto Vallarta’s Alta Vista Neighborhood Puerto Vallarta, Mexico – A tragic incident occurred early Monday morning in the Alta Vista neighborhood of Puerto Vallarta, where a man of foreign origin lost his life after falling from the fifth floor of a building. The circumstances surrounding the fall remain unclear, and local authorities have launched an investigation to determine whether the…
Superpeso: Peso Continues Decline Amid Rising Dollar and Domestic Economic Concerns The Mexican peso experienced its fourth consecutive day of losses on Thursday, as the U.S. dollar strengthened globally and local economic indicators added to the pressure on the currency. By midday, the peso was trading at 19.41 per dollar, reflecting a 0.74% decline from Wednesday’s Reuters reference price. The peso’s downturn is further compounded by…
