Select Mexico Properties

More people are approaching retirement age than ever before in our history as a nation. A significant number of people in this group are now becoming concerned that they have not set aside enough savings for retirement. They’re looking for creative ways to stretch their retirement savings, and some have discovered that a Puerto Vallarta second home may be just the way to do that.

Changes in retirement savings legislation have opened up the potential for borrowing retirement funds to finance a child’s college education or the purchase of a new home. Those who have taken funds for the purchase of a home may be experiencing the impact of a double-hit. First, their retirement savings have been reduced to pay for the new home, which diminishes the gains achieved by the remaining funds. Second, the properties they have purchased may have decreased in value.

As a person nears retirement age, it becomes critical to preserve as much capital as possible. That move toward preservation eliminates some of the riskier investments from a person’s portfolio, for the sake of preserving the balance of a person’s savings. The savings and investment strategy must be conservative at just the point in time where strong growth would be beneficial.

A Puerto Vallarta second home may offer both the security of retained value, and the growth potential that can life an investment portfolio over the top. Combine those with overwhelming affordability, and you’ll see why we think that building a Puerto Vallarta second home is one of the most affordably intelligent decisions one can make when planning for retirement.

Right now, Select Mexico Properties is offering some of the most beautiful residential building sites available in this area. There is a legislated limit to the amount of coastal property that can be sold to foreign owners in Mexico, which makes these ocean-view properties all that much more desirable. Investors from all over the world are looking to take advantage of the low cost of living and the high standard of living that Puerto Vallarta offers. In short, these premium parcels won’t last long.

If you’re serious about learning what the purchase of a Puerto Vallarta second home can do for your portfolio, and your lifestyle, please contact a Select Mexico Properties sales representative today!

Photo Credit: Steve Woods