Although property taxes are much lower here than in foreign destinations they still need to be paid. The city of Puerto Vallarta has made it easy for us to pay our taxes online.
Property Tax has to be paid every year for the properties you own in Mexico. If you pay during January and February you get a 15% discount (already in the billed amount you receive) and a 5% discount if you pay in March.
You can find out how much your payment is each year looking on the Puerto Vallarta government web site: www.puertovallarta.gob.mx. Go to “Pago de Predial”, introduce your account number and you will see your statement. Note this only applies if you have an outstanding debt. If you don’t owe anything you will not get a statement. You can pay with a credit card online (Mastercard or Visa) or personally at City Hall with cash or credit card. No checks are accepted.
Here is a link to a great Banderas News article regarding this property tax. http://www.banderasnews.com/1106/rr-pvpropertytax.htm
If you need are not sure of your Property Tax account number there are instructions for finding it on your tax statement or often times you will find it in your trust deed. If you have any questions or need help, don’t hesitate to give your Timothy Real Estate Group agent a call.
Timothy Real Estate Group – An innovative company setting new standards in Real Estate sales and services has the most professional and experienced Realtors in the Puerto Vallarta area who understand the intricacies of Mexican Real Estate ownership, the local market, Puerto Vallarta property codes and regulations and financing. The Timothy Group uses that knowledge to provide a sound analysis on every aspect of property ownership. Timothy Real Estate Group is known for professionalism and experience and they bring this to every transaction they work on for the benefit of Real Estate investors and developers alike. Ask about our Real Estate Listings