Select Mexico Properties

If you have visited Puerto Vallarta recently, you’ll have noticed the enormous amount of construction that’s taking place here right now. More than 30 private hotel, resort and condominium projects are underway. A good number of those condominium projects are classified as luxury homes, and they’re selling out fast. Demand for Puerto Vallarta luxury homes is tracking steadily with the supply.

The demand for Puerto Vallarta luxury homes is expected to rise, as more Baby Boomers retire and look for ways to escape the high cost of retirement living. In fact, retirees from Europe and Asia are also looking carefully at the Puerto Vallarta luxury home market. They’re looking for a great investment in addition to a place to call home.

The Puerto Vallarta luxury home market is very attractive to retirees from North America, Europe and Asia for several reasons. The cost of living here is low. Goods and services are far less expensive than they are in developed countries.

The availability and cost of health care is also a major plus for places like Puerto Vallarta. The cost of medical services is 50% to 75% less than it is in the US, and cheaper still for retirees in Europe. The cost of prescription medication is also substantially cheaper. Indeed there are few goods and services that are more expensive than they are in developed countries.

The rising land values also make Puerto Vallarta luxury home sites attractive to real estate investors. The land here has appreciated in value at an astounding rate. Property values here rise by ten percent per year, as they have for the past ten years. They’re expected to appreciate even faster in the coming five years, as retirees scramble to get a piece of paradise.

If you want to invest in a great opportunity, now is the time. Don’t wait any longer to inquire because the properties Select Mexico Properties has for sale are selling fast. We’re fielding inquiries daily, and in the few short months that our San Pancho parcels have been available, we’ve already sold about 15 percent of our total available parcels. Contact a Select Mexico Properties sales representative today!

Photo Credit: Przemyslaw Szczepanski