April 24th, 2008 by Eileen Peck
Residential real estate and sales of Puerto Vallarta second homes are on the rise in the Puerto Vallarta area. New residential resort facilities have captured the attention of folks who are looking for luxury retirement and vacation properties. Sales of Puerto Vallarta second homes in this area rose 30 percent between 2006 and 2007.
The […]
April 24th, 2008 by Eileen Peck
Recent research by the Friends Provident insurance company in the UK shows that retirees who rent property may spend four times as much on housing as those who own their own properties. The cost of structure and ground rent, service charges, and utilities bills averages nearly £11,500, but property owners pay on average just over […]
April 24th, 2008 by Eileen Peck
The first quarter economic numbers are out for Mexico, and despite the softness of the US economy, the Mexican economy continues to grow. Analysts had predicted a 2.5% increase in industrial output in Mexico, based on a predicted slowdown in US-bound exports. Instead, industrial output climbed to 5.4%. In comparison, output at US factories […]
April 24th, 2008 by Eileen Peck
Puerto Vallarta’s beautiful new airport terminal is in operation and is ready to handle an influx of as many as 800,000 new passengers per year. The great news is that many low-cost domestic carriers have applied for permits to begin international flight service. That’s great news for residents in the southwestern part of the US, […]
April 24th, 2008 by Eileen Peck
The Riviera Nayarit has gotten a lot of positive attention lately, and for good reason. The Nayarit state is just north of Jalisco, home of Guadalajara and Puerto Vallarta. People who are drawn to Puerto Vallarta will also appreciate the unspoiled beauty of the Riviera Nayarit. Tourism here is in its infancy, but the […]