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Looking For Financial Security? Try This Kind Of Flood Insurance!

Looking For Financial Security? Try This Kind Of Flood Insurance!Within the next fifteen years, eighty million Americans will retire. About ten percent of those retirees say that they’ll be migrating to Mexico and other places outside of the US to retire. Certain areas of Mexico, like Puerto Vallarta, are prime targets for these retirees. Puerto Vallarta has an excellent cost of living, high quality health care, modern facilities, and has very high investment potential. This flood of retirees will be looking for luxury properties to rent or buy, and investors who are properly prepared can expect financial security!

Property values in Puerto Vallarta have increased by 10 percent per year for the past ten years, and that appreciation rate is expected to increase. Property owners in Puerto Vallarta can look forward to land values doubling in the next five years.

If you plan to take advantage of this migration, or want to secure retirement property for yourself, now is the time to act! Select Mexico Properties has some of the most desirable luxury residential building sites available for sale right now. You’ll find beautiful views of the Pacific Ocean from these properties, as well as breathtaking views of the Sierra Madres and the surrounding jungle.

San Pancho, where these plots are located, is one of the nicest areas in Nayarit and is largely undeveloped. That won’t last long, though! Prepare yourself for the coming flood! If you would like more information about land available in the Puerto Vallarta area, please don’t wait! Contact a Select Mexico Properties sales representative today!

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Not All Mortgage News Is Bad! You Can Find Financial Security In Mexico!

Not All Mortgage News Is Bad! You Can Find Financial Security In Mexico!Tired of hearing about sub-prime mortgages? Wondering which company will declare bankruptcy or ask for a bailout next? Not all mortgage news is bad these days. In fact, if you’re buying real estate in Mexico or looking for real financial security, the mortgage news here couldn’t be better!

Mortgages are relatively new in Mexico. Until just a few years ago, buying real estate in Mexico meant paying cash up front. Long-term financing was not part of the real estate picture, and not surprisingly, many people didn’t own the homes they lived in.

With administrative reforms and changes in the property laws, banks in Mexico and in the US have begun offering mortgage loans to citizens and foreign investors alike. The message here: buying real estate in Mexico is safe!

Mexican mortgages operate much like US mortgages, but without the sub-prime concerns. The mortgage industry, being new here, concentrates on offering conventional mortgage products. You can also find refinancing loans here, which is great news for homeowners who want to tap into the equity in their properties. This is a real issue, since property here in Puerto Vallarta has been appreciating at a rate of about 10 percent per year for the past ten years. Equity builds up fast here!

Mortgages are denominated in either pesos or dollars and the interest rates are competitive. They’re largely comparable to what you’ll find in the US. The availability of mortgages is great news for investors. You can purchase a property, build a home, take advantage of the exceptional appreciation rates and do so using the bank’s money. When you sell, you pay off the mortgage and the appreciation is yours to keep!

If you would like more information on buying real estate in Mexico and how that can translate into financial security for you and your family, don’t wait! Please contact a Select Mexico Properties sales representative today!

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Buying Real Estate In Mexico? Trees Included!

Buying Real Estate In Mexico? Trees Included!In an effort to reverse the effects of global warming and deforestation in the jungle areas of the country, Mexico has embarked on an ambitious effort to plant 280 million trees in 2008. On one recent weekend alone, cooperative efforts were directed toward breaking a world record by planting 300,000 trees in just one weekend. This is great news for people who are considering buying real estate in Mexico.

Mexico’s commitment to plant 280 million trees is indicative of the investment that the government is making in Mexico. Tree planting is central to Mexico’s plan to rejuvenate the countryside, and protect and preserve the jungle areas that make Mexico so special.

Mexico’s commitment doesn’t end there. In tourist areas, Mexico is also committed to building infrastructure that will both support large populations and discourage sprawl. Puerto Vallarta is the beneficiary of many of the first infrastructure improvements. Right now, a new major highway is under construction that will connect Jalisco’s main cities of Guadalajara, Puerto Vallarta, and Tequila with Zacatecas. This highway project, when complete, will ensure that there is appropriate highway access to Jalisco’s capital and its major tourist attractions.

Other infrastructure improvements include refurbished marine terminals, a new international airport terminal, new hospitals, a new convention center that will open in October, new bridges and more. This investment has prompted a growing number of luxury developments, new golf courses and a host of services designed to assist tourists, residents and would-be residents alike.

If buying real estate in Mexico is part of your plan, consider buying in areas that are close to major tourist centers like Puerto Vallarta. You can find exclusive, investment-grade parcels of land that overlook the Pacific Ocean. In just a few years, these parcels will be unavailable, except as developed properties on the open market, and the infrastructure investments being made right now will only enhance the value of these properties in the coming years.

If your investment plan includes buying real estate in Mexico, please don’t wait! Contact a Select Mexico Properties sales representative today and see how you can make one of these exclusive residential building sites yours!

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Safety In Ownership Is Part Of The Package When Buying Real Estate In Mexico

Safety In Ownership Is Part Of The Package When Buying Real Estate In MexicoYes, you read that right: safety, ownership and real estate in Mexico all used in the same sentence! It’s true. If you do your research, you’ll find that some key changes have been made to ownership rights in Mexico. These changes now allow foreign investors to own property – including coastal property – in Mexico. Mexico’s new laws provide excellent safety and security for investors, and that has opened up the floodgates! Prospective buyers are in the area every day looking at the properties for sale here.

Owning property in Mexico is neither difficult nor risky. A relatively new vehicle, known as a fideicomiso – or bank trust – provides you with the ownership rights and security you want. It also provides the surety that lenders look for when they’re considering a real estate loan application.

A fideicomiso is a required vehicle for people who want to own property within 50 km of a coastline in Mexico. Essentially, a bank holds the deed for your land in trust. You are the beneficiary of the trust and the bank is obligated to act in your sole interest. The fideicomiso essentially creates fee-simple ownership for these special properties. Fee-simple ownership is likely the type of ownership you enjoy on your residence or other properties you may possess.

Since the advent of the fideicomiso in Mexican real estate transactions, not one single owner who has set up a fideicomiso has lost his or her ownership rights to land in Mexico. Not one. The nightmares you have heard about people losing their land interest, or the investments they’ve made in improving the land are a thing of the past, as long as you’ve established a fideicomiso to hold the title to your property.

Property ownership laws in Mexico have reduced the risk of buying real estate in Mexico. With the properties for sale by Select Mexico Properties, you can also purchase title insurance from First American Title or Stewart Title to further secure your investment. If you would like more information about buying land or building homes through Select Mexico Properties, please don’t wait! Contact a Select Mexico Properties sales representative today!

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Buying Real Estate In Mexico Can Lead To Your Financial Security

Buying Real Estate In Mexico Can Lead To Your Financial SecurityIt’s hard to know where to make your investments these days. Sectors that seemed safe just a few months or years ago now seem too risky. Investment values are plummeting, and that’s jeopardizing the financial security of older workers who have planned for retirement for years. Can you even find financial security from your investments anymore?

You can, if you know where to look. Right now, there are few opportunities to make solid gains in real estate, but fortunately for US investors, buying real estate in Mexico is a good bet. Real estate investment professionals have said for about two years that the place to be is in Mexico if you’re looking for financial security from real estate investments.

Mexico’s economy is in growth mode, and the federal government is making massive investments in infrastructure to support its plan to shift Mexico’s economy from oil to tourism. These investments are opening up opportunities all over Mexico, but especially in the areas where tourism is already established.

Puerto Vallarta is one such area, and the real estate market here is hot. Puerto Vallarta’s real estate market was recently named one of the top five markets in the country. Luxury developers have moved into the area and are building luxury resorts and condominiums. For the investor, however, buying into this approach could be a tough way to make a return.

A better idea, especially if you want to make a profit in real estate here, is to build a luxury residence. You’ll see spectacular growth in your investment in just a few short years. You’ll also find a ready market for your home from the thousands of retirees that are beginning to stream into the area from North America, Europe and Asia.

Puerto Vallarta has experienced double-digit growth in property values each year for the past ten years and all current indicators say that this trend will continue. If you would like more information about how you can take advantage of the strong prospects in the Puerto Vallarta real estate market, please don’t wait. Contact a Select Mexico Properties sales representative today!

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Booming Mexican Economy Boosts Demand For Exclusive Mexico Real Estate

Booming Mexican Economy Boosts Demand For Exclusive Mexico Real EstateContrary to what you might be reading or hearing, things aren’t bad all over. In fact, the Mexican economy is in a strong growth mode. Analysts, who expected Mexico to suffer from its trading relationship with the US, are surprised by the strong gains that are being made in most sectors of the Mexican economy. One of the biggest growth sectors is exclusive Mexico real estate.

The big driver in the Mexican economy has been oil production. Mexico is the sixth-largest producer of oil in the world. Unfortunately, Mexico’s oil reserves are dwindling and the economy will no longer be able to rely on oil revenues for strong support. Within 15 years, Mexico is expected to go from being one of the world’s largest oil exporters to a net oil importer.

The Mexican government is making preparations for this massive shift in the economy by promoting tourism as a mainstay of the economy. Massive infrastructure investments are being made to accommodate a sharp increase in the number of tourists. Along with tourism, Mexico is strongly encouraging direct foreign investment in the country. One way in which people may take advantage of the investment climate here is by purchasing exclusive Mexico real estate in some of the country’s hottest tourist areas.

Puerto Vallarta is one of the top five real estate markets in Mexico right now. Land is appreciating in value quickly and the demand for exclusive Mexico real estate here is extremely high. Retirees from all over North America and Europe are looking for an excellent place to live part-time or year-round. The land they purchase must be investment-grade real estate. Mexico is one of the few areas in the world where luxury real estate is available, affordable and safe to purchase.

Right now, Select Mexico Properties is selling some of the most beautiful residential building sites in the Nayarit Riviera, an area along the Pacific coast of the Mexican state of Nayarit. This area is largely undeveloped and it is gorgeous. Select Mexico Properties has a limited number of properties available and these lots are being sold quickly. If you would like more information about the investment potential of exclusive Mexico real estate, or the building sites being sold by Select Mexico Properties, please don’t wait! Contact Select Mexico Properties today!

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Select Mexico Properties Has Luxury Coastal Property In Mexico!

Select Mexico Properties Has Luxury Coastal Property In Mexico!If you’ve heard about Puerto Vallarta real estate, you know that the time to buy it is right now. Select Mexico Properties has some exceptional luxury coastal property in Mexico that simply isn’t to be missed! Select Mexico Properties has a limited number of residential building sites available in San Pancho, just north of Puerto Vallarta.

San Pancho is located in the Riviera Nayarit, in a very quiet area. San Pancho is a seaside community and the pictures simply don’t do the sites justice. With views of the Pacific Ocean to one side, gorgeous jungle vegetation and views of the Sierra Madres in the other directions, you’ll see why San Pancho is such a sought-after place to be.

The hillside lots being sold right now by Select Mexico Properties are zoned for residential construction. Much of the seaside property in Puerto Vallarta is being sold for commercial development which means that the individual investor doesn’t have the resources to buy luxury coastal property. In San Pancho, however, this development is set aside for luxury residential construction. This is a great opportunity for the individual investor to take advantage of the location, proximity to the ocean and the reasonable acquisition costs.

The return on luxury real estate in Puerto Vallarta is incredible. Baby boomers from all over the world are converging on Puerto Vallarta looking for a great place to live in retirement. Puerto Vallarta has it all: great weather, great location, excellent cost of living and a high quality of life. This is truly one of those “don’t-miss” opportunities.

If you’d like more information about owning luxury coastal property in Mexico and its investment prospects, please don’t wait! Contact Contact a Select Mexico Properties sales representative today!

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Now Is A Great Time To Look At Mexico Real Estate For Sale!

Now Is A Great Time To Look At Mexico Real Estate For Sale!There’s no doubt about what retirees (and those in active planning for their retirement) want from places like Puerto Vallarta: luxury! There are many ways to go about it, but if you’re looking to make an excellent real estate investment, there are few better ways than buying land and building a custom residence. Right now, there is an abundance of Mexico real estate for sale, but it won’t be that way for very long!

If this is the route you choose, you’ll be in good company. Right now, there are more than 8,000 residential units under construction in the Puerto Vallarta area, and there will be many more to come. The number of people inquiring about land is mushrooming, as people from North America, Europe and Asia all look for the ideal place to retire.

The Puerto Vallarta area is the ideal place to retire! With exceptional land values, good availability, low construction costs and a high quality of living, retirees can afford to live in luxury. Puerto Vallarta offers the opportunity to have the kind of retirement you’d planned for. Your retirement dollars will go much farther here, thanks to the low cost of health care, dental care, prescription drugs, transportation, and personal services. In addition, the value of your investment will continue to grow. Property values here have experienced double-digit growth for the past ten years, and analysts estimate that the growth will continue or even accelerate.

The Mexican economy is growing. Places like Puerto Vallarta and the Riviera Nayarit figure prominently in Mexico’s future economic plans, and as a result, these areas are more attractive than ever to tourists and permanent (or semi-permanent) residents alike. Combine all of these with the availability of conventional mortgages with interest rates as low as 7.5%, and you’ll find that Medico real estate for sale provides an excellent opportunity to take advantage of this situation.

If you’d like more information on the growth potential of Mexico real estate for sale, please don’t wait! Contact a Select Mexico Properties sales representative today!

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Worried About Your Retirement? Talk To Select Mexico Properties

Worried About Your Retirement? Talk To Select Mexico PropertiesWhat might be construed as a bright spot in the area of retirement savings came from a Hewitt Associates study earlier this month, which showed that men and women are on track to replace 85% of their annual income in retirement. Unfortunately, women need to replace 130% of their income to cover the costs of medical expenses and ordinary expenses in their longer lifespan. Instead of talking to your broker about retirement planning, perhaps you should talk to Select Mexico Properties, instead.

Right now, Select Mexico Properties is offering some of the most gorgeous properties for sale in the Riviera Nayarit. These hillside lots overlook the Pacific Ocean and are a retirement dream-come-true. Before you reject the notion of buying Mexico luxury properties, consider this: land values in Puerto Vallarta have increased by 10 percent or more per year for the past ten years. In this region, they’re also expected to double in the next five years.

This is an investment opportunity with real growth potential. It also happens to be an excellent place to enjoy your retirement. Puerto Vallarta is a modern city with all of the facilities you’d want: good, affordable health care, good dental care, low prescription drug costs, excellent accessibility by air, road and sea, a thriving community of expatriates, and a friendly and welcoming atmosphere.

The land here in Puerto Vallarta will never be this affordable again. Property in the Riviera Nayarit is expected to increase substantially in the coming years, as the area is flooded with retirees from North America, Europe and Asia. Even if you have no plans to live here yourself, you can still get an excellent return on your investment.

The time to invest is right now. About one-third of the residential building sites available through Select Mexico Properties have already been sold. New inquiries are coming in every day, and the volume of inquiries is only expected to increase. If you’re serious about putting some turbocharged investments into your retirement portfolio, consider Mexico luxury properties. For more information about retiring in Mexico, please don’t wait! Contact a Select Mexico Properties sales representative today!

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Select Mexico Properties Is Your Best Bet In Mexican Real Estate

Select Mexico Properties Is Your Best Bet In Mexican Real EstateIf you’re like millions of Americans, you’re at least considering the purchase of Mexican real estate as part of your overall retirement strategy. The current economic problems may be causing you to examine your retirement plans. Smart investors see this as a time to take advantage of the Mexican real estate markets, since it is one of the few real estate markets worldwide that’s producing positive returns.

Buying Mexican real estate is safe, but it’s not like buying real estate in the US. The laws and customs are very different here. If you want to take advantage of the Mexican real estate market, but you’re concerned about running into unscrupulous sellers who might take advantage of you, consider working with Select Mexico Properties.

Select Mexico Properties is a recognized leader in Puerto Vallarta real estate sales. We sell properties here, but we’re more than a real estate company. We provide comprehensive services for investors who want to build luxury Puerto Vallarta homes. We can help you locate properties that are available for development and have true investment value.

We can also help you locate the legal and financial assistance you’ll need to purchase a parcel of land here in Puerto Vallarta. We don’t stop there, however. We can also provide the best design, engineering and construction assistance you’ll find in Puerto Vallarta, and for a lower price than if you locate your own professional service providers.

We work with you to help you achieve your investment goals and retirement dreams. We’re experienced in building homes here, and know how to work with the municipalities when it comes to building homes. We design and engineer our homes to the highest safety standards, and when you work with our professionals, we arrange for all municipal permits and inspections needed for your home while it’s under construction.

When you need a building partner in Puerto Vallarta who can provide comprehensive residential real estate services, make Select Mexico Properties your first choice. Let us show you how you can make the most of an investment in Puerto Vallarta real estate. Please contact a Select Mexico Properties sales representative today.

Photo Credit: Jeff Prieb

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