Archive for April, 2008

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 […]

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 […]

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 […]

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, […]

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 […]

Just because you’re thinking about retirement doesn’t mean you have to give up an active lifestyle. On the contrary, what would a Mexico luxury home be without some of the activities you put off doing while you were working? This year, the Canto del Sol Tennis Club hosted the first of what is expected to […]

As a country, Mexico has enormous diversity in terms of species in the environment. Mexico is filled with biosphere reserves and national parks. In addition to diversity in species, you’ll find a variety of environments here, too. Marine, desert, agricultural, jungle, volcanic and mountain environments all add to Mexico’s charm and natural beauty. It’s the […]

Economists are debating whether or not the US is in a recession, and if it is, how long might a recession last and how deep will it go. For some people, especially those approaching retirement, a recession could be devastating. The effects of a faltering economy can last for years, and you may not be […]

Many people believe that their cost of living will drop once they retire. Unfortunately, this isn’t true. In theory, your home would be paid off after working for 30 years, and you would no longer need to commute to work. Government-issued retirement benefits, pensions and personal savings should be enough to carry you though your […]

UK insurance company Saga says that retirees are increasingly being forced to adopt a “nomadic” lifestyle as they attempt to beat the high cost of living after they enter retirement. Retirees who are unprepared for the cost of living are often forced to downsize, which includes moving to less comfortable homes. Company research showed that […]