Select Mexico Properties

Buying real estate in Mexico has never been easier than it is right now. Many things have contributed to the strong growth seen in Mexican real estate, but one of the major developments has been the introduction of the mortgage. Prior to its introduction, land sales here were – for the most part – cash transactions. No long-term financing existed, and few short-term options were available. The long-term mortgage, coupled with changes in property ownership laws in Mexico make it easy for non-citizens to own land in Mexico safely.

When mortgages were first introduced here in 1995, the interest rate was a horrifying 48.2%. New policies enacted by Felipe Calderon brought the interest rate down significantly, and by 2006, mortgages were being written with an interest rate of about 7%.

The timing of these changes could not possibly be better. Right now, millions of North Americans, Europeans and Asians are poised to enter retirement, and are looking for the ideal retirement investment – a home that appreciates in value, offers a high quality of life and a low cost of living. It’s very difficult to find these qualities in a single real estate market, but real estate in the Puerto Vallarta area offers all three of these elements.

As a result, people are buying real estate in Mexico at a very brisk pace. Luxury real estate is in especially high demand. As if the environment in Puerto Vallarta wasn’t good enough already, it also happens to be a buyers market right now. Unbelievable land values, prime properties with Pacific Ocean views, solid growth history and a solid growth potential for the foreseeable future are all part of the package.

Long-term financing means that you can still take advantage of the phenomenal growth opportunities here without tapping into your retirement savings or other investments, if you don’t want to. In addition to buying property that can provide financial security and peace of mind, the extraordinary parcels being offered by Select Mexico Properties can also be used to generate steady income for you either before or during retirement.

Select Mexico Properties has a limited number of parcels available for sale. About one-third of these exceptional properties have already been sold and our sales staff is receiving inquiries about the remaining properties each day. This is a unique opportunity to invest in a real estate superstar! If you’d like more information about how you can position yourself to take advantage of real estate growth in the Riviera Nayarit, please don’t wait. Contact a Select Mexico Properties sales representative today!