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Select Mexico Properties

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Vallarta Investment Property Market Is Hot!

Vallarta Investment Property Market Is Hot!Puerto Vallarta has been named one of the five hottest real estate markets in Mexico. Many people from all over the world are looking for Vallarta investment property in advance of retirement, or as a way to take advantage of the outstanding returns on investment that it offers.

Many areas in Europe and North America have been built and bought, and offer little potential for appreciation. That’s not true with Vallarta investment property. Much of the land here is coming on the market for the first time, and developers are just starting to get in on the opportunity.

This is the one opportunity that individual investors will have to take advantage of the positive market conditions in Puerto Vallarta. Vallarta investment property has will never again be this inexpensive and will never again provide this much opportunity for growth.

Many developers are building condominiums and resort-style timeshares, but these “investments” won’t produce real ROI for anyone but the developers. If you want to take advantage of the double-digit growth expected in Puerto Vallarta, you really need to consider the purchase of Vallarta investment property.

Right now, Select Mexico Properties has some of the most amazing hillside residential building sites for sale in the Puerto Vallarta area. You have to see these properties to really appreciate what you’ll be getting. Pacific Ocean property is very hard to come by and Mexican law strictly regulates how much waterfront property can be sold and who can own it.

Once these parcels – which are already being snapped up – are gone, you’ll have to buy them on the open market, and believe me, they won’t be nearly as inexpensive as they are right now. If you’re considering a Vallarta investment property, don’t do anything until you look at the properties being offered by Select Mexico Properties. You can see the lots on our Web site, but I tell you that the pictures really don’t do these sites justice. Please contact a Select Mexico Properties sales representative today and let us show you how to make a Vallarta investment property part of your portfolio.

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Mexico Real Estate An Investment Darling

Mexico Real Estate An Investment DarlingPlenty of opportunities exist for investors in Mexico real estate these days. You’ll find the best returns in places that provide modern infrastructure and can be accessed easily. Puerto Vallarta is one of those places and makes an excellent spot to invest in Mexico real estate.

Puerto Vallarta is so attractive because it’s accessible easily by air. You can fly to Puerto Vallarta within a few hours of most major cities in the US. Puerto Vallarta is also a standard port-of-call for anyone making Pacific Coast cruises, and the marine terminals here have just been upgraded to encourage more and bigger cruise ship visits.

Mexico real estate here is undervalued in comparison to properties along the Pacific Coast in the US. Puerto Vallarta is at the same latitude as Hawaii and shares many of the same delightful climate features. The winters here are marvelous and the summers here are far more tolerable than those in Phoenix, Santa Fe, Tampa and Orlando. Puerto Vallarta has about 300 days of sunshine on average each year, yet it’s filled with lush jungle vegetation.

The people in Puerto Vallarta are exceptionally friendly. That’s one of the characteristics that makes Puerto Vallarta such a great vacation destination. People want to come to Puerto Vallarta over and over.

The cost of Mexico real estate here is affordable, and owning Mexico real estate is safe. Foreign ownership rights have been clarified and it’s relatively easy to establish an ownership claim. In addition, title insurance is available for your Mexico real estate purchases, which protects you in the event of an ownership dispute.

Select Mexico Properties is offering some of the most beautiful residential building sites in Puerto Vallarta these days. This Mexico real estate won’t last long. Lots have already been sold and new investors are inquiring each day. If you’re considering the purchase of Mexico real estate, please contact a Select Mexico Properties sales representative today. Let us show you how to make the most out of your Mexico real estate purchase.

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Posted in Mexico real estate
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Select Mexico Properties Offers Investment-Grade Properties In Puerto Vallarta

Select Mexico Properties Offers Investment-Grade Properties In Puerto VallartaThere is a lot of building going on in Puerto Vallarta these days, and many builders are touting the benefits of an investment in Puerto Vallarta property. With the number of high-rise condos going in, many developers are putting together the hard sell when it comes to investing in Puerto Vallarta. Not all properties for sale here are investment-grade properties, so you need to be careful about where you put your money.

You can buy a condominium here, and frankly, you’ll find many on the market and soon-to-be on the market. But how much return potential do these condos really offer?

If you want a place to live, one of these condos might be exactly what you’re looking for. On the other hand, if you’re looking to take advantage of the spectacular increase in property values expected in Puerto Vallarta, what you really want to find are investment-grade properties that will produce excellent returns.

Select Mexico Properties has a small number of residential building sites in San Pancho, away from the hustle and bustle of Puerto Vallarta. These sites are gorgeous and come with views of the mountains and the Pacific Ocean. They’re incredibly peaceful and relaxing, and they’ll make a spectacular return for those people who are looking for investment-grade properties in Puerto Vallarta.

Building a hillside luxury home is the quickest way to solid investment returns. You’ll be amazed at how quickly your property will appreciate in relation to what you spend building it. Custom luxury property that provides ocean views is hard to come by anywhere, but to find this kind of property in such an affordable locale is almost unheard of.

If you’re ready to check out the real investment potential that Puerto Vallarta has to offer, please contact a Select Mexico Properties sales representative today and let us show you what an investment-grade property will do for your portfolio.

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Posted in Mexico Properties
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Building A Luxury Home In Mexico Is A Smart Move

Building A Luxury Home In Mexico Is A Smart MoveIf you’re looking for a firestarter for a sagging investment portfolio, consider building a luxury home in Puerto Vallarta. Investment properties are appreciating handsomely here and have been for the past ten years.

If you visit Puerto Vallarta, you’ll see immediately that there’s no hint of the economic downturn you may see in other luxury markets in the US. Building is going on here year round on more than 30 hotel and luxury condominium projects.

Builders are hoping to take advantage of the luxury real estate market in the coming years, as the majority of Baby Boomers move into the retirement age. The best way for individuals to take advantage of the market here, however, isn’t to buy a condominium in a high-rise project.

The amount of buildable land in Puerto Vallarta is shrinking as properties get filled with resorts and condominiums. While this is good for the developer, the individual investor doesn’t get the benefit of appreciation. The real money to be made in luxury real estate will be reserved for those who build a luxury home in Puerto Vallarta.

Ocean-front property is limited in Puerto Vallarta, but there are some gorgeous residential lots for sale in San Pancho, up the coast from Puerto Vallarta. These lots will host some of the most beautiful homes in the area, and owners can be sure that they’ll receive the benefit of some stellar appreciation.

If you’re ready to examine the investment potential for a luxury home in Puerto Vallarta, please contact a Select Mexico Properties sales representative today. Let us show you how to make the smart move when it comes to building a luxury home in Puerto Vallarta.

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Sales Of Second Homes In Puerto Vallarta Booming

Second Home Sales In Puerto Vallarta BoomingSales of second homes in Puerto Vallarta have taken off. Retirees and potential retirees are looking for a great place to spend the winter. Puerto Vallarta also offers the benefit of being ultra-affordable.

Puerto Vallarta offers high quality medical and dental care at modern facilities here in the city. Doctors who practice in virtually every specialty are available here. In addition to the high quality care, Puerto Vallarta offers a low prescription drug cost and excellent accessibility by air, if a trip to the US is needed quickly. More than 450 flights depart the Puerto Vallarta International Airport each week, and you can find non-stop flights to many major US cities.

The cost of living is low here, and that translates to an excellent ability for retirees to stretch their retirement savings as well as live comfortably in second homes in PV. If you need assistance with meals and laundry, you can hire reliable household help affordably.

A low tax rate is one of the many benefits people enjoy in Puerto Vallarta. It’s relatively easy to establish residency status for tax purposes, too. Many semi-retirees live in Puerto Vallarta for six months of the year to do just that. After just five years of half-time residency, you’ll be able to take advantage of some incredible tax breaks here in Mexico.

You can find many of the major retailers in the US in Puerto Vallarta. Places like Home Depot, Sam’s Club, Wal-Mart, Office Depot and more conduct business here. You can also find reliable package delivery, cell phone and Internet service and a host of other amenities that make second homes in Puerto Vallarta so attractive to so many people.

If you’re looking for a great place to retire and are considering the many benefits that second homes in Puerto Vallarta provide, please contact a Select Mexico Properties sales representative today. We can show you how to retire in affordable luxury in Puerto Vallarta!

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Retirement Investments Could Suffer For Three Years Or More

Retirement Investments Could Suffer For Three Years Or MoreNobody ever wants to “hit bottom” but the optimist in you might tell you that once you hit bottom, there’s no place to go but up. Well, not really. Experts looking at the real estate market say that there could be several periods in which the real estate market hits bottom over the next 1-3 years. Real estate is often a major component of retirement investments, so this is genuinely bad news for anyone who is saving for retirement.

Retirement investment managers have entered into 70% fewer real estate transactions this year. Buyers aren’t taking advantage of lower real estate costs. Instead, they’re waiting. As a component of a portfolio of retirement investments, the ROI prospects for cash are better than they are for real estate.

The refinancing market is also slow, and this could be where new problems lie. Organizations, funds and individuals that need to refinance debt according to a particular schedule may find that the refinancing they counted on at the end of their loans won’t be available. Without the availability of refinancing loans, many investors – corporate and individual – could find themselves facing the loss of their investments.

This isn’t good news, but the news isn’t all bad, either. Real estate, for as poorly as it is performing in the US, is performing extremely well in Mexico. Mexico real estate in some places – like Puerto Vallarta – have experienced 10% gains per year for the past decade. That’s performance you’re not going to find in the US market.

Individual investors have the opportunity to take advantage of the Mexico real estate market right now. Select Mexico Properties is offering Pacific Ocean-front property for sale right now. The company has a small number of premium residential building sites for sale. Smart investors are taking the opportunity to buy land and build luxury homes here.

Why take chances with the uncertainty of the US real estate market, and hope that it doesn’t hit bottom more than once? Why risk your retirement savings on market factors you don’t control, like the relative availability of credit? If you want to get off the roller-coaster and find some stable ground, please contact a Select Mexico Properties sales representative today and let us show you what Mexico real estate can do for your portfolio.

Photo Credit: Lars Sundström

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Posted in Mexico real estate
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Puerto Vallarta Luxury Real Estate Leads While US Luxury Markets Lose

Puerto Vallarta Luxury Real Estate Leads While US Luxury Markets LoseForbes did a story the other day on the ten biggest declining real estate markets in the US. The list is interesting to look at because it tells a story about the luxury real estate market. In the number 10 and 9 spots were Cleveland and Detroit. You would expect this because they’re part of the industrial Midwest. These two cities have suffered a lot in the past few decades and it’s no surprise that real estate values are declining there.

For me, the rest of the top ten list was most surprising. Phoenix, Tampa, Las Vegas, Los Angeles, San Diego, Orlando, Sacramento and Riverside-San Bernardino were the markets that experienced the sharpest declines in property values. Many of these communities are at the center of the US luxury real estate market.

In Sacramento and Riverside-San Bernardino, the two areas that experienced the greatest decline, property values were off by 23% in each place. These properties lost nearly one-quarter of their value. Places like Orlando, Tampa and Phoenix are not only at the heart of the US luxury market, but they’re also some of the preferred destinations of US retirees.

No one expects a decline in property values, but a 25% drop is a little hard to take! And if you were counting on the value in your home in one of these markets to support your retirement, you may have lost a huge gamble.

For some people, loss in these markets represents an opportunity. But why risk buying depressed property on the assumption that the property value will rise again? How long will that take? Some experts predict that the US real estate market could take as much as a decade to recover from these losses.

A better strategy is to buy property in a performing market. Puerto Vallarta is definitely performing, with ten solid years of double-digit gains. Property is “value-priced” here right now, but as more investors look for opportunities to prop up their retirement portfolios, the opportunity to make big gains in the Mexican luxury real estate markets will become harder to find.

If you’re ready to invest in a luxury real estate market winner, please contact a Select Mexico Properties sales representative today and let us show you how you can benefit from the luxury real estate market.

Photo Credit: Kevin Jachelski

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Puerto Vallarta Investment Options

Puerto Vallarta Investment OptionsMany people these days are interested in investing in real estate here, but there are so many Puerto Vallarta investment options, it’s hard to know where to start. For some people, the love affair with Puerto Vallarta starts with a single vacation trip. Once you’ve been here, you’ll want to come back over and over.

You can invest your money in a timeshare, but those rarely produce the long-term gains and stability you’re looking for. If all you want is a place to stay here, you’re better off renting a hotel room.

Real investment involves real estate and there are plenty of Puerto Vallarta properties to choose from. Many condos are being built here right now and for some, condominiums may also be a good investment. You will get a better return on your investment when you purchase a condo than you will when you purchase a time share, but condos come with their own hassles.

With a condo, you’re never more than a part-owner. You own the inside of your unit, and you own all of the problems with the building, too. You pay a mortgage, but then you also pay association dues. Major mechanical problems, routine and extraordinary maintenance costs, and operational costs are all charged back to you in the form of association dues. The expenses of maintaining your membership in the condominium association will offset your appreciation.

If you want to take advantage of the real power of real estate ownership, building a home here is the best way to achieve that goal. Yes, you pay the maintenance on the home but you get the full value of the appreciation, too.

Of the many Puerto Vallarta investment options you can choose, full ownership of a home here will provide outstanding, stable returns. Consider all of your Puerto Vallarta investment options and we’re sure that you’ll find the best returns go to those who invest in private residences. If you’re ready to see what Puerto Vallarta real estate can do for your investment portfolio, please contact a Select Mexico Properties sales representative today.

Photo Credit: svilen

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Puerto Vallarta Real Estate Couldn’t Be Hotter

Puerto Vallarta Real Estate Couldn’t Be HotterWhy are so many people coming to Puerto Vallarta these days? Puerto Vallarta has always been a great vacation spot and people just enjoy the opportunity to get away. Other people are looking for a vacation destination – a place they can return to again and again. Still others are looking for the ideal place to retire. If you’re looking for a permanent vacation spot, or for a place to build a home for your retirement, you’ll want to take this opportunity to invest in Puerto Vallarta real estate.

The price of land is rising here, but it’s still comparatively low. People who purchased Puerto Vallarta real estate ten years ago have seen their investments soar. Double-digit property appreciation has been the norm here for the past ten years and is likely to continue for at least the next five.

What that means to you is that there’s a hefty price to be paid for waiting. A $500,000 investment that appreciates at 10% per year will turn into $1.3 million in five years. An $800,000 return on a $500,000 investment sounds pretty attractive. I assure you that you won’t find that kind of appreciation in the US real estate markets in the next five years.

I’d also rather be the investor that pays the $500,000 now rather than the one who pays the $1.3 million in five years, wouldn’t you? In this case, investors don’t gain anything by waiting. In fact, the opposite is true. What you’ll lose is the opportunity to buy low and sell high. Maybe you’ll lose the opportunity to take advantage of the low cost of living here in Puerto Vallarta. Or maybe it’s the opportunity to build a luxury investment property that will generate income for you as a vacation rental home.

No matter what you want to get out of Puerto Vallarta, you gain by investing and you lose by waiting. So please, don’t wait anymore! If you’re ready to make Puerto Vallarta real estate an important element in your portfolio, please contact a Select Mexico Properties sales representative today.

Photo Credit: Aaron Murphy

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World Economic Forum Calls Infrastructure Investments Critical For Latin America

Infrastructure Investments Critical For Latin AmericaAt last month’s World Economic Forum, the presidents of Latin American countries agreed that their major priority must be massive infrastructure investments. The investment will drive economic prosperity and enable countries like Mexico to become an important trade capital in the region.

Mexico is already taking this message to heart. All over the country, and especially in areas like Puerto Vallarta, the Federal government is making infrastructure investments to support the tourist economy. New interstate highways, a new water treatment plant, new airport terminal designed to handle 800,000 tourists per year, new marine terminals to accommodate the most modern cruise ships, new resort housing, new permanent housing. The infrastructure that’s needed to support Mexico’s vision of becoming an international trade power is being built right now.

Smart investors understand that now is the time to get in on this emerging market. Individual investors can take advantage of these market conditions by purchasing real estate in areas in and around high investment areas. In Mexico, the first high-investment areas are those that support tourism.

Waterfront real estate in Puerto Vallarta is largely unavailable to the individual investor. Undeveloped property north of the city is available for foreign ownership, but the opportunity to buy these properties won’t last long.

Select Mexico Properties has been selling residential building sites in San Pancho for just a couple of months and already, nearly 15 percent of the available properties have been sold. If you’re interested in investing in this up and coming marketplace, you need to act. Take a look at the properties we’re offering and when you’ve made the decision to invest, please contact a Select Mexico Properties sales representative and let us show you how to make Mexico real estate part of your investment portfolio.

Photo Credit: drouu

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Posted in Mexico Properties
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