Over the last decade, Mexico has emerged as one of the premier tourist and investment destination in Americas. Its close proximity to USA and strategic position has made it an international hub for culture, travel, business and tourism. Coupled with Mexican government's proactive approach and emphasis on all round sustainable development of infrastructure and amenities, Mexico emerged relatively unscathed from the recession which plagued many nations of the industrialized world.
The last decade has seen exponential rise in Mexico real estate industry. Areas such as Playa del Carmen real estate, Cancun Real Estate and Puerto Vallarta Real Estate have been the major contributors to this progress. This has been due to the combination of these cities natural beauty and infrastructure development which has attracted investors and expats like a magnet.
Puerto Vallarta has always been a favorite with expats and investors alike due to its rich cultural quotient, old world charm and exotic splendor. But Puerto Vallarta has just not rested on these laurels but has gone forward and developed world class projects and infrastructure to woo international buyers. Many of the world's top real estate developer have numerous projects with latest designs, cutting edge technology and international amenities competing with the best in the world.
But with all these fantastic properties in the market how can an international buyer find his dream home? How can he find the best and most suitable property for him in Puerto Vallarta?
Any search Puerto Vallarta Real Estate should start from researching on internet. There are numerous websites which provide comprehensive and detailed listing of searchable properties complete with photographs, prices, videos, Google map and floor plans. These listings enable the potential buyer to accurately find out which property matches his/her needs. Once you have shortlisted your properties you can send query to the real estate companies. Once you have initiated contact with the real estate agents, wait for their reply. A professional real estate agent will reply back promptly. Finding a qualified and honest real estate that understands your needs and is well versed with Mexican laws related to real estate is very crucial. Also, check out his reputation among his peers and clients. This is often the best indicator of an agent's reliability.
Once you have selected your agent then consult with him your requirements. Ask for his suggestions and opinion. Keep your mind open to his advice since real estate agent is more familiar with the place.
Glean as much information regarding a property and make a wise decision taking in account your research, judgment and agent's suggestions.
Wednesday, October 27, 2010
Monday, October 18, 2010
Burnt your Fingers in Real Estate? Now, Invest in Mexico Real Estate
If you faced setbacks after investing in US real estate market then try Mexico Real Estate.
Here's why.
Phil had invested his savings on couple of homes back in USA. When the subprime crisis emerged, his properties valuations took a nosedive. He had planned on selling those homes for a neat profit but the recession cruelly and abruptly crushed his dream. He is not alone. Thousands of such real estate investors bore the brunt of recession and are now wondering with properties they are saddled with. Even though, the USA's economy is recovering, the real estate prices are not improving. They are still languishing at the bottoms with no real signs of recovery.
This is not a one off story. Apart for such examples, while interacting with people, I also frequently hear people complain that they are sitting on their money with no clue to where to invest them safely. My answer is to invest in Mexico Real Estate. More often then not, I see genuine surprise in their faces. Then I explain to them that Mexico is an emerging economy which is on the fast lane to development. Infrastructure is improving all the time with billions poured in to developing roads, airports and other amenities & facilities. Major auto manufacturing companies have recognized the importance of this region and have established production facilities in Mexico. This has resulted in a spurt of jobs which has led to people migrating to cities. The direct result has been the increase the demand for better houses.
There are other factors also which make Mexico a safe real estate investing destination. Mexico is a tourist destination par excellence. It is famous all over the world for its beautiful beaches, tropical forests, ancient architecture and a vibrant culture. Every year millions of tourists from US, Canada and Europe come to famous destinations like Cancun, Playa del Carmen, Puerto Vallarta and Cabo San Lucas to enjoy its pristine beauty. The Mexican government and local authorities are increasingly investing more and more capital to improve these destinations and discover new locations. One crucial aspect of these efforts has been the emphasis on sustainable development. Authorities have taken great pains to ensure that while infrastructure and facilities have improved, they do not impact the ecology of the area in any adverse way. This way, the natural beauty and charm of the area has not been sacrificed at the altar of economic prosperity. A fine balance of economic progress with environmental concerns has been struck for greater good.
A huge traffic inflow means real estate boom and more chances of your real estate prices appreciating over a time. The prices of properties in Mexico very reasonable and the choices are many. This is the time to invest in Mexico real estate before the market rise to higher levels.
Here's why.
Phil had invested his savings on couple of homes back in USA. When the subprime crisis emerged, his properties valuations took a nosedive. He had planned on selling those homes for a neat profit but the recession cruelly and abruptly crushed his dream. He is not alone. Thousands of such real estate investors bore the brunt of recession and are now wondering with properties they are saddled with. Even though, the USA's economy is recovering, the real estate prices are not improving. They are still languishing at the bottoms with no real signs of recovery.
This is not a one off story. Apart for such examples, while interacting with people, I also frequently hear people complain that they are sitting on their money with no clue to where to invest them safely. My answer is to invest in Mexico Real Estate. More often then not, I see genuine surprise in their faces. Then I explain to them that Mexico is an emerging economy which is on the fast lane to development. Infrastructure is improving all the time with billions poured in to developing roads, airports and other amenities & facilities. Major auto manufacturing companies have recognized the importance of this region and have established production facilities in Mexico. This has resulted in a spurt of jobs which has led to people migrating to cities. The direct result has been the increase the demand for better houses.
There are other factors also which make Mexico a safe real estate investing destination. Mexico is a tourist destination par excellence. It is famous all over the world for its beautiful beaches, tropical forests, ancient architecture and a vibrant culture. Every year millions of tourists from US, Canada and Europe come to famous destinations like Cancun, Playa del Carmen, Puerto Vallarta and Cabo San Lucas to enjoy its pristine beauty. The Mexican government and local authorities are increasingly investing more and more capital to improve these destinations and discover new locations. One crucial aspect of these efforts has been the emphasis on sustainable development. Authorities have taken great pains to ensure that while infrastructure and facilities have improved, they do not impact the ecology of the area in any adverse way. This way, the natural beauty and charm of the area has not been sacrificed at the altar of economic prosperity. A fine balance of economic progress with environmental concerns has been struck for greater good.
A huge traffic inflow means real estate boom and more chances of your real estate prices appreciating over a time. The prices of properties in Mexico very reasonable and the choices are many. This is the time to invest in Mexico real estate before the market rise to higher levels.
Tuesday, October 5, 2010
Does Retiring in Puerto Vallarta really make Sense
The recession in USA has hit almost all section of the society and every age group. Those who were looking forward to retirement witnessed their whole life savings shrink before their own eyes. Now, the situation is that they no longer have enough savings to retire or buy a retirement home for themselves in USA. So what are the options for them? Will the dreams of a peaceful and relaxed retirement harbored by them crumble? The answer is No!
Retiring in Mexico and more specifically, Puerto Vallarta is an excellent choice. Many of Americans think of Mexico as some strange foreign country. But they are wrong. Mexico is a large and developing country with scenic and developed cities. Of late there has been a negative campaign in U.S. Press regarding the security situation in Mexico. The fact is that Mexico is a relatively safe and secure nation. There are few places where the government is engaged in a fight with drug cartels and those areas see violence. But then U.S.A is also not immune to violence! The cities and towns in Mexico such as Puerto Vallarta, Playa del Carmen and Cancun are very secure places which see lot of tourist activity. These cities regularly host international conventions and are business and traffic hubs for the region. It is quite a tell tale indication of how safe these areas are. Over a million US expats live in Mexico without any problem and safety issues. If that cannot convince you about security issue in Mexico then nothing can. Mexicans are proud and warm people who always sport a smile. It is not just Mexico's beaches and towns which attract people from all over the world but also its charming inhabitants who lend such good vibes to this heavenly country.
Mexico is just south of USA and is very well connected with road, air and water. It has international airports which also serve as transport hub for this region. For anybody contemplating buying a second home or a retirement home in Mexico, traveling to Mexico will not be a problem.
Many Americans believe that Homes in Mexico are as much costly as they are back in USA. The truth is that the properties that they view on websites are high end homes which maybe beachfront or oceanfront located at some of the best places in Mexico. Since, these areas are much in demand; they are priced higher than regular properties. So it makes sense that luxury properties in Mexico will be comparable to regular US house price wise. That means for the same money, you can get a fabulous Home in Mexico. If you would rather save more money than you can chose properties bit further than the beach. Here cheaper priced homes and, apartments are easily available. You can try new upcoming areas which have great prospect in coming years. So by the time you retire, not only will you have a home in fully developed area but also a home whose value has increased by manifolds!
Mexico also has a cheaper standard of living. With your savings you will be able to afford many luxuries that are impossible in USA. Your dollar will run longer in Mexico. The fact the Mexico boasts of world class and affordable medical infrastructure make the case of spending your retirement in Puerto Vallarta much stronger.
Retiring in Mexico and more specifically, Puerto Vallarta is an excellent choice. Many of Americans think of Mexico as some strange foreign country. But they are wrong. Mexico is a large and developing country with scenic and developed cities. Of late there has been a negative campaign in U.S. Press regarding the security situation in Mexico. The fact is that Mexico is a relatively safe and secure nation. There are few places where the government is engaged in a fight with drug cartels and those areas see violence. But then U.S.A is also not immune to violence! The cities and towns in Mexico such as Puerto Vallarta, Playa del Carmen and Cancun are very secure places which see lot of tourist activity. These cities regularly host international conventions and are business and traffic hubs for the region. It is quite a tell tale indication of how safe these areas are. Over a million US expats live in Mexico without any problem and safety issues. If that cannot convince you about security issue in Mexico then nothing can. Mexicans are proud and warm people who always sport a smile. It is not just Mexico's beaches and towns which attract people from all over the world but also its charming inhabitants who lend such good vibes to this heavenly country.
Mexico is just south of USA and is very well connected with road, air and water. It has international airports which also serve as transport hub for this region. For anybody contemplating buying a second home or a retirement home in Mexico, traveling to Mexico will not be a problem.
Many Americans believe that Homes in Mexico are as much costly as they are back in USA. The truth is that the properties that they view on websites are high end homes which maybe beachfront or oceanfront located at some of the best places in Mexico. Since, these areas are much in demand; they are priced higher than regular properties. So it makes sense that luxury properties in Mexico will be comparable to regular US house price wise. That means for the same money, you can get a fabulous Home in Mexico. If you would rather save more money than you can chose properties bit further than the beach. Here cheaper priced homes and, apartments are easily available. You can try new upcoming areas which have great prospect in coming years. So by the time you retire, not only will you have a home in fully developed area but also a home whose value has increased by manifolds!
Mexico also has a cheaper standard of living. With your savings you will be able to afford many luxuries that are impossible in USA. Your dollar will run longer in Mexico. The fact the Mexico boasts of world class and affordable medical infrastructure make the case of spending your retirement in Puerto Vallarta much stronger.
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