Select Mexico Properties

People may visit Puerto Vallarta on a lark or because they’ve heard that it’s a great tourist city, but the decision to build a Puerto Vallarta second home is well thought out. When you visit, you’ll be surprised at the affordability of Puerto Vallarta. In many cases, that’s what gets people thinking about a more permanent Puerto Vallarta living arrangement.

In Puerto Vallarta, the goods and services you’re accustomed to paying a lot for are significantly less expensive. Dental work is a good example. In Puerto Vallarta, you can get a root canal done for less than $150. For a person who pays for dental care out-of-pocket, as many seniors and working-class families do, good dental care at an affordable price– like that found in Puerto Vallarta – is a gift. Visitors here may be attracted by the great weather and beautiful seaside location, but when people see how much easier it is to manage the cost of living, inevitably they start thinking about what it would take to build a Puerto Vallarta second home.

There are few better options right now than a Puerto Vallarta second home that stretch out your retirement savings. That’s important in this economy. Experts agree that a recession is not the time to retire. Retiring into a recession strongly increases your chances of not having enough in savings to cover your retirement living expenses. Statistic show that those who retire during a recession have only about a 50% chance of having sufficient retirement savings.

Preserving your remaining retirement capital is especially important if you’ve tapped into your savings to fund a college education for your children, as many parents are doing these days. Borrowing against your retirement for a home or college education may seem like a good idea, but in most cases, it severely strains the borrower’s ability to retire, and reduces the amount of productive money available in his or her retirement account. Investing in a Puerto Vallarta second home can make up for some of the losses, or diminished gains, your retirement account may have suffered.

Property values here have tripled in the last ten years and are expected to double in the next five. What other investments even have that potential? A Puerto Vallarta second home can help you make up a lot of lost ground when it comes to retirement savings and investments.

If you need to turbocharge your retirement savings, please contact a Select Mexico Properties sales representative today. We can show you how to leverage the real estate boom in Puerto Vallarta and ease your retirement concerns.

Photo Credit: Marianafq