Select Mexico Properties

If you’ve been reading this blog, you know that I’ve been talking about the tremendous opportunity to invest in Puerto Vallarta real estate right now. Investing in Puerto Vallarta real estate right now works on so many levels and meets so many investment goals. Last month, we offered a three-day seminar that featured our residential building sites in San Pancho, and the response has been overwhelming.

There are many investors and would-be investors out there who are examining Puerto Vallarta real estate and its potential. One of the perennial questions we field is whether or not investing in Vallarta real estate is safe.

In a word, yes! Ten or fifteen years ago, our answer may have been different. Right now, however, so many positive things have happened on the Mexican real estate scene that you’d be crazy to pass up this “ground-floor” opportunity. First and foremost, Mexican laws regarding property ownership have changed and now offer more protection to the buyer than at any other time in this country’s history. There is a safe, functional and respected mechanism for purchasing land and holding title here.

Second, long-term financing is now available. Historically, property transactions were conducted on cash terms, which made it difficult – if not downright impossible – to buy land securely. Part of the reason banks are now willing to lend for property purchases in Mexico is that the laws now recognize and enforce the rights and interests of buyers as well as those of the seller.

Third, elements that are common in property transactions in the US are beginning to make their appearance in Puerto Vallarta real estate transactions. These elements, like escrow accounts and title insurance make the transaction much more like a real estate transaction in the US. For the first time, buyers can feel safe about buying property in Mexico.

The timing for all of this could not possibly be better. Retirees and those who are actively planning for retirement are scouring Puerto Vallarta for the best possible deals on luxury real estate. All of these factors are combining, and interested investors are snapping up the parcels being offered right now by Select Mexico Properties. The remaining parcels in San Pancho won’t last much longer. If you would like more information on the safety of buying Puerto Vallarta real estate, or how you too can take advantage of one of the world’s hottest real estate markets, please don’t wait! Contact a Select Mexico Properties sales representative today!