Banco Santander Pre-Approves Mortgage Loans to Boost Investment in Arama Bay
The Mortgage Department for the Vallarta-Tepic Zone of Banco Santander has announced its decision to offer pre-approved mortgage loans for acquiring properties in Arama Bay, a premium development located in the North Coast of Bucerías, Nayarit. This collaboration represents a unique opportunity for both Mexican and foreign buyers interested in investing in a project that combines exclusive amenities, a strategic location, and profitability.
In a recent interview conducted by the Vallarta Real Estate Guide editorial team, Héctor Anaya, head of the Mortgage Department for the Vallarta-Tepic Zone at Santander, shared details about this innovative program, which is exclusively available through the Arama Bay sales office.
REASON FOR THE COLLABORATION: WHY ARAMA BAY?
“The choice of Arama Bay as the first development in Bahía de Banderas to benefit from this scheme was no coincidence. Santander has identified Arama Bay as a project that meets the highest standards of quality and design, as well as financial feasibility, ensuring the certainty that the development will be delivered,” commented Héctor.
Furthermore, the growing demand for units in the North Coast of Bucerías has transformed this region into a strategic point for real estate investment, attracting buyers seeking a second home, a retirement property, or an income-generating opportunity through vacation rentals.
“With solid infrastructure and premium amenities, Arama Bay positions itself as an ideal project to implement this innovative mortgage offer. Santander, leveraging its expertise in the financial market, has recognized this development as a guarantee of success for both investors and the bank itself,” he added.
FEATURES OF THE PRE-APPROVED MORTGAGE LOAN
The pre-approved mortgage loan offered by Santander includes highly attractive conditions designed to facilitate access for those looking to acquire a property in Arama Bay:
- Competitive Interest Rates
Interest rates start at 8.95% per year, depending on the applicant’s credit profile.
- Flexible Terms
Financing can extend up to 20 years, allowing for long-term financial planning.
- Accessible Requirements
Buyers must have verifiable income, whether salaried or self-employed. For foreign buyers, proof of temporary residency in Mexico and income verification in the United States are required.
- Agile Process
Pre-qualification takes only 10 minutes, and the approval process is efficient, without intermediaries delaying the transaction.
TARGET AUDIENCE: A NEW CLIENT PROFILE TO CONSIDER
This offer is designed for a diverse and sophisticated audience looking not just for a property but for an intelligent and profitable investment. Ideal buyers include:
- Mexicans with Income in the United States
Professionals and entrepreneurs working in the U.S. with verifiable income.
- Foreigners Residing in the United States
Individuals from anywhere in the world residing in the U.S. who wish to acquire a second home in a top-tier tourist destination.
The inclusion of foreign buyers from the U.S. market enhances Arama Bay’s appeal as a globally competitive development. The possibility of obtaining financing in Mexico removes recent barriers these buyers faced when acquiring properties in the region.
IMPACT ON THE BUCERÍAS REAL ESTATE MARKET
Santander’s decision not only benefits buyers but also has a significant impact on the local real estate market. By offering pre-approved mortgage loans, the bank facilitates transaction closures that might otherwise be delayed due to limited financing options.
Additionally, this collaboration positions Arama Bay as a benchmark in the region’s real estate industry, strengthening its reputation and attracting a larger number of interested buyers. The credit’s flexibility and accessibility also enable potential buyers to make quicker and more confident decisions, accelerating sales and consolidating the North Coast of Bucerías as a growing investment hub.
ARAMA BAY: A SMART INVESTMENT MADE REALITY
With a limited inventory available, Arama Bay has recently entered its unit delivery scheduling phase. Comprising 90 beachfront apartments, this development offers an exclusive lifestyle and a standout value proposition within Bucerías’ real estate market. Beyond its direct beach access, another key amenity is its spectacular rooftop featuring a sky lounge, jacuzzis, and a fire pit area. The project also includes an infinity pool, a fitness area, a restaurant zone, gardens, and open spaces.
Due to its proximity to Puerto Vallarta and other micro-destinations in Riviera Nayarit, Arama Bay benefits from various area attributes, including hospitals, educational institutions, diverse dining and entertainment options such as hotels, bars, cafés, gourmet shops, boutiques, and performing arts venues.
For more information about these pre-approved mortgage loans through Banco Santander’s Vallarta-Tepic Zone, call 322 888-6999 and speak with Nancy Beltrán, sales manager of Arama Bay by SB Realtors.
