Select Mexico Properties

Right now, Puerto Vallarta is taking center stage in the Mexican government’s plan to shift its economy away from oil revenues and toward other, more stable income sources, like tourism. Mexico is the sixth largest producer of oil in the world, but the country’s oil reserves won’t last forever. In fact, production problems are already beginning to appear. If Mexico continues to export oil at its current rate, the oil reserves will be depleted in less than a decade. Huge government investments in the Puerto Vallarta infrastructure are making Puerto Vallarta more attractive to tourists and permanent residents alike, and offering financial security, peace of mind, and amazing returns on retirement investments, like Puerto Vallarta luxury homes.

The Puerto Vallarta luxury home market is hopping. Up and down the Pacific Coast in Jalisco and Nayarit (to a lesser extent), luxury homes are being built and selling in the $1 million to $4 million range. The developments outside of Puerto Vallarta are actually valued higher than those in Puerto Vallarta proper.

The reason for that is simple; the amount of land that can be developed for individual residences in Puerto Vallarta is limited, as is the space. To the north, the hillsides that overlook the ocean are not yet developed, and the space is plentiful. You can build a larger and more luxurious home (and reap more from your retirement investment) with less money that it would take to buy developed luxury property in Puerto Vallarta.

If you’re concerned about investment value, the better route to take involves building a luxury home here. You can take advantage of low land costs and astounding appreciation values on the Puerto Vallarta luxury home you build. As more government projects are completed, the value of your Puerto Vallarta home will increase, and the value of your retirement investments will skyrocket.

New highways, a new airport terminal, refurbished marine terminals, a new water treatment plant, a new convention center, new hospitals and more are waiting for you right now in Puerto Vallarta. In terms of improving the value of your retirement investments, there’s really no better time for buying real estate in Mexico than right now!

Photo Credit: Herman Brinkman