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Buying Real Estate In Mexico: Then And Now

Buying Real Estate In Mexico: Then And NowTen years ago, you wouldn’t have found many people who were keen on buying real estate in Mexico. Some very intrepid investors did just that, but it wasn’t easy. For the most part, buying real estate in Mexico was handled on a cash-basis, and buyers often had no guarantee, other than the seller’s word, that the property they were selling was eligible to be sold. Many investors lost their entire investments in a tangle of confusing, ill-documented ownership claims. It’s not surprising that few people were interested in buying real estate in Mexico! Those who invested, however, have been rewarded with property values that have more than doubled in the last decade.

These days, the outlook for investors buying real estate in Mexico is quite different. Thanks to intervention on the part of the Mexican Federal government, buying real estate in Mexico is much safer. In addition, the Mexican Federal government is making massive investments in places like Puerto Vallarta, building new highways, a new water treatment facility, new airport and marine terminals, a new convention center and more. They’re preparing for Puerto Vallarta’s new, elevated role in the Mexican economy.

The investments are working and have spurred private investors to build a number of new hotels, condominiums and all-inclusive resorts. Airlines have also added flights between US cities and Puerto Vallarta to accommodate the increase in tourism here.

Puerto Vallarta is more than just a spectacular vacation destination; it’s also an amazing place to live, either part-time or year-round. Investors from all over the world are looking carefully at Puerto Vallarta and all that it has to offer, from the steadily rising property values to excellent health and medical care.

Select Mexico Properties has made buying real estate in Mexico as easy as you can imagine. Currently, they’re offering a limited number of residential building sites in San Pancho, the most beautiful, peaceful and pristine area in the Nayarit region. Smart investors are buying real estate in Mexico right now. If you want more information about how you can take advantage of the significant rise in property values that are expected in the coming years, please don’t wait. Contact a Select Mexico Properties sales representative today.

Photo Credit: Ove Tøpfer

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Posted on Friday, June 27th, 2008 at 5:51 am In
Puerto Vallarta properties   Comments RSS

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