Luxury Coastal Property Is In High Demand
Luxury coastal property in Puerto Vallarta is in high demand, and is being developed mainly by commercial developers who are looking to take advantage of the coming wave of retirees. For the individual investor, your choices in luxury coastal property are slim. You can pay the high price for developed luxury real estate, you can rent or you can find something inland.
If none of those options seem appetizing to you, consider another option for purchasing luxury coastal property. Consider a location north of Puerto Vallarta for your investment. First, sites north of Puerto Vallarta are in the Nayarit state, whose coastline is largely undeveloped right now.
Second, the governor of Nayarit has just announced a major $1 billion investment in luxury coastal property via the creation of a tourist corridor that stretches from Puerto Vallarta to San Blas. Property is this region, which is available right now, will become highly sought after. The value for luxury coastal property in this region will skyrocket!
Third, this land is available right now at a very affordable price. Nayarit is largely undeveloped in terms of tourism. You’ll find long stretches of sandy beaches and beautiful ocean views. San Pancho is especially beautiful, with the Pacific Ocean to the west and the Sierra Madres to the east. As in other states, the amount of development along the Nayarit coast is limited by the Mexican federal government.
The developable land in the tourist corridor won’t last long. Commercial developers will consume much of what’s available. The residential investor needs to act now to secure land suitable for home-building. Select Mexico Properties offers such properties right now, but they are also moving quickly. Once you see these properties, you’ll see why!
They’re surrounded by beautiful Pacific Ocean, jungle and mountain views. You can’t find more peaceful and relaxing luxury coastal property on which to build an excellent investment home. Please, do not wait! If you plan to invest in luxury coastal property, the time to act is now. Please, contact a Select Mexico Properties sales representative today and let us show you how to get in ahead of the rush for luxury coastal property.
Photo Credit: Craig Jewell
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