This could be an easy question for those who know the US market inside out and a difficult question for many others. I am one of the many others.
What I know and I can tell you is Who is making money in Mexico Real Estate and specifically in Puerto Vallarta Real Estate. The answer here is Thousands of baby-boomers. Yes Thousands of Baby Boomers are entering the Mexico real estate market to purchase second homes, vacation homes, investment properties or primary residences. They are buying in porpular destiations like Puerto Vallarta, Manzanillo, Mazatlan, Cancun, La Paz, Cabo San Lucas, Rocky Point, Playa del Carmen, Merida, Ixtapa, Campeche, San Miguel Allende, etc, etc, etc.
The appeal is more than just the proximity to the USA and a permanently toasty weather. The cost of living, from housing to health care, is significantly lower in Mexico than it is in the U.S. That makes the country especially attractive to retirees on fixed incomes. According to the International Living, Global Retirement Index 2007, Mexico tops the list in countries to consider for retirement. And now also for real estate investment.
In Puerto Vallarta, based on what we see, live and read I can let you know the following.
1. Vallarta is well-positioned geographically for American, Canadian and Mexican second-home buyers markets. Its easy to get here with service from major airlines, in just a few hours.
2. Vallarta's weather is exceptionally good, offering temperate waters, mild temperatures, sun most of the year with rain concentrated primarily in the off season.
3. Baby Boomers, their wealth and the transfer of their parent's wealth to their lifestyle, is still a reality. And looking for a second home somewhere warm is a high priority on their list.
4. Although prices have risen over the past five years providing strong appreciation, prices are still competitive to other beach destinations. And Vallarta offers a wide range of pricing and product availability. There are $100,000 condominiums up to $5 million dollar homes. There are homes, condos, townhouses and fractionals situated on the beach, hillside, golf course, marina, downtown or on an isolated stretch of coastline. The variety of production, location and pricing cannot be matched.
5. The cost of living is still well below that of the USA or Canada and property taxes are much less expensive.
What are you waiting for? Discover why more and more Americans & Canadians are choosing to retire in Mexico. Come and Learn how to Invest Safely and Profitably in Puerto Vallarta. Come to one of our Puerto Vallarta Real Estate Discovery Weekends.
Where: In Puerto Vallarta, México
When: July 17,18 & 19; August 21,22 & 23; September 25,26 & 27
October 23,24 & 25; November 13,14 & 15
You will tour the hottest new real estate developments that Puerto Vallarta has to offer. Leading industry experts will share their knowledge and expertise in the areas of:
::Real estate
::Law Finance
::Taxation
:Title Insurance
Our Discovery weekend is an experience like no other. Expect the best while you're with us. You will experience all the culture and adventure that Mexico has to offer. All you pay is airfare and a seminar fee of $185/single or $250/double.
So get ready to have fun!.
To learn more or make your reservation, please contact us: Info@emexicorealestate.com
I'm looking for someone that lend money in mexico to a commercial project, do you know someone?
Please contact me through www.hardmoneyloans.org
Thank you
yanni raz